Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG60.680+0.0128pay 0.0016% / 1h3m 15s$444K$76K20xLong Coinbase International
SHORT60.840+0.0048get 0.0006% / 1h3m 15s$370K$121K20xShort Popdex
Price gap+0.264%
Funding gap−0.0080% /8h

The gap pays +$9 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 3.8 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$11−0.0080% /8h now · paid −0.109% over the last 6 days (all we have)
Price+$9spread +0.264% now, avg +0.172% → +0.092% if it goes back
Costs−$320.321% of $10k · taker + slippage, in and out

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Popdex price against Coinbase Internationalnow
RANGE STATS · 7D
Now+0.264%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

DRAM on 35 exchanges

lowest funding first

Before you open

3 ok · 2 to watch
  • OK: Fits both order books8.9 / 8.8 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$500 + $500
    Coinbase International 20x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$2.40Long Coinbase International: 24 payments, −$3.84; short Popdex: 24 payments, +$1.44.
  • OK: Entry gap works for you+0.264% vs +0.172%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$370K vs $444K OI
    Popdex sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCCoinbase International Yes · Popdex No
    ID and a suitability check; perps are for eligible non-US countries, not for US or UK retail.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0062%/8h × 21 periods−$12.92
Price spread+0.264% → +0.172% (7d avg)+$9.19
Slippage, 4 orderslive order books−$15.69
Fee Coinbase International bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$35.83
Costs to cover0.321%Break-evennever at this rate
Slippage: Coinbase International: live order book, 15 min ago; Popdex: live order book, 15 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGCoinbase International2.478.9 bp−$913.0 bp−$130doesn’t fitdoesn’t fit
SELL · SHORTPopdex2.478.8 bp−$912.0 bp−$120doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

DRAM news

posts that mention DRAM, from every exchangeSearch all news →
09-28 14:46RISExOtherThis week on RISEx Market Desk: Macro: A third central bank joins the hiking cycle, and Friday delivers the first jobs report since the Fed’s pivot Crypto: Solana’s biggest upgrade yet goes live, NEAR ETF clears key hurdles, and Zcash pulls off a 3-for-1 split. Equities: One trade, three tickers - Micron ($MU) reports after the close, with potential spillover to $SKHYNIX, $DRAM, and $SNDK Watching Friday closely. Trade well @risextrade on X ↗
09-17 15:22Ondo PerpsListingNew markets just dropped. From China’s largest DRAM manufacturer to the largest HYPE treasury and the company behind GTA 6: ▸ CXMT - ChangXin Memory Technologies ▸ ENA - Enablence Technologies ▸ PURR - Hyperliquid Strategies ▸ TTWO - Take-Two Interactive Trade now → @OndoPerps on X ↗
09-17 14:35EntropyListingNew listing: Roundhill Memory ETF ($DRAM) at 25x Leverage. @entropyIO on X ↗
09-17 10:29DeribitListing🚨 More equity and commodity perpetuals are now live on Deribit Equities LITE · SKHY · SOXL · CBRS · SNDK · ARM · BE · NBIS · EWY · MU · DRAM Commodities GOLD · SILVER · BRENTOIL · WTIOIL ↓ @DeribitOfficial on X ↗
09-16 15:02DeribitListing🚨 More To Trade. Tomorrow, September 17, 2026, at 10:00 AM UTC, 11 more equity perpetual markets and 4 commodity perpetuals will go live on Deribit. All settled in USDC. Equities LITE · SKHY · SOXL · CBRS · SNDK · ARM · BE · NBIS · EWY · MU · DRAM Commodities GOLD · SILVER · BRENTOIL · WTIOIL This launch is part of Deribit’s biggest-ever product expansion: more than 90 new USDC-settled perpetuals across crypto, listed equities and ETFs, commodities, the COIN50 index and private-market valuations. Read more: Disclaimer: Equity & Commodity perpetuals are offered by Deribit FZE under its Limited Licence Approval from VARA, and are subject to the conditions, client eligibility criteria and restrictions of that approval. @DeribitOfficial on X ↗