DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.03 per $10,000 · paid last 24h −0.041%

Price spread now: QFEX against Coinbase International+0.080%7-day average +0.162% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$360.358% of the position

Long on Coinbase International Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.114%−$11 on $10k

Price spread, last 3 days (all we have)−0.144%−$14 · spread now +0.080%, 7d avg +0.162%

Together, before fees−0.258%−$26 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.081% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.162%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International DRAM-PERP-INTX	62.390	0.0184	pay 0.0023% / 1h	6m 37s	$540K	$91K	20x
Short	QFEX DRAM-USD	62.440	0.0160	get 0.0020% / 1h	6m 37s	$1.0M	$78K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee QFEXbpOrdersPrice spread, now +0.080%Rate

Funding earned: −$5.04
Price spread: +0.080% → +0.162%: −$8.14
Slippage, 4 orders: −$15.83
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$49
Costs to cover: 0.358%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 2 min ago; QFEX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 2 min ago	4.00 bp	9.7 bp −$10	13.8 bp −$138	doesn't fit	doesn't fit
Sell QFEX live order book, 3 min ago	2.40 bp	7.4 bp −$7	7.4 bp −$74	12.6 bp −$1,259	doesn't fit

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX DRAM-USDT	0.0000%	8h	62.490	+0.160%	$563	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.460	+0.112%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.480	+0.144%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.462	+0.115%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.420	+0.048%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.462	+0.115%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.472	+0.131%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.400	+0.016%	$1.2M	$1.9M	10x	as long as short
edgeX DRAMUSDC	+0.0084%	4h	62.441	+0.081%	$151K	$296K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.405	+0.024%	$76K	$41K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DRAMUSDTM	+0.0100%	8h	62.440	+0.080%	$3.0M	$421K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.370	−0.032%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.510	+0.192%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.502	+0.180%	$4K	—	10x	as long as short
Lighter DRAM	+0.0120%	1h	62.444	+0.087%	$971K	$1.3M	20x	as long as short
QFEX DRAM-USDshort	+0.0160%	1h	62.440	+0.080%	$1.0M	$78K	10x
Coinbase International DRAM-PERP-INTXlong	+0.0184%	1h	62.390	long leg	$540K	$91K	20x
tradeXYZ xyz:DRAM	+0.0227%	1h	62.434	+0.071%	$82.2M	$37.6M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0230%	1h	62.470	+0.128%	$13K	$3K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0237%	8h	62.456	+0.106%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0246%	8h	62.480	+0.144%	$5.5M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0466%	8h	62.510	+0.192%	$9.6M	$10.4M	100x	as long as short
Aster DRAMUSDT	+0.0492%	8h	62.363	−0.044%	$201K	$36K	20x	as long as short
Entropy io:DRAM	+0.0516%	1h	62.372	−0.029%	$255K	$448K	25x	as long as short
Variational Omni DRAM	+0.0561%	8h	62.435	+0.072%	$2.4M	$749K	—	as long as short
Bitget DRAMUSDT	+0.0596%	8h	62.460	+0.112%	$26.1M	$12.9M	20x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.450	+0.096%	$51K	$82K	10x	as long as short
MEXC DRAM_USDT	+0.0615%	8h	62.440	+0.080%	$9.7M	$6.7M	100x	as long as short
Extended DRAM-USD	+0.0616%	1h	62.442	+0.084%	$76K	$665K	10x	as long as short
Binance DRAMUSDT	+0.0620%	8h	62.455	+0.105%	$45.0M	$81.9M	50x	as long as short
Gate DRAM_USDT	+0.0821%	8h	62.480	+0.144%	$8.3M	$3.5M	75x	as long as short
BloFin DRAM-USDT	+0.0962%	8h	62.510	+0.192%	$299K	$26K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.1049%	8h	62.448	+0.093%	$37K	$153K	10x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.444	+0.087%	$456K	$499K	20x	as long as short