Funding you earn now, next payment 03:00 UTC−0.0152%/8h= −16.6% APRnext payment −$0.19 per $10,000 · paid last 24h +0.026%
Price spread now: RISEx against Coinbase International+0.176%7-day average +0.168% · 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−$24as in the Price arb table
costs, in and out, $10k−$250.250% of the position
Funding, last 4 days (all we have)−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.176%, 7d avg +0.168%
=The price spread sits at its 7-day average of +0.168%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DRAM-PERP-INTX | 62.330 | 0.0152 | pay 0.0019% / 1h | 18m 03s | $535K | $75K | 20x |
| Short | RISEx DRAM/USDC | 62.440 | 0 | get 0.0000% / 1h | 18m 03s | $442K | $501K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$31.92
- Price spread: +0.176% → +0.168%
- $0.81
- Slippage, 4 orders
- −$8.95
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$56.06
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 40 min ago; RISEx: live order book, 40 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, 40 min ago | 2.40 bp | 8.1 bp −$8 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 40 min ago | 1.36 bp | 4.4 bp −$4 | 5.7 bp −$57 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx DRAM/USDCshort | 0.0000% | 1h | 62.440 | +0.176% | $442K | $501K | 20x | |
| SunX DRAM-USDT | 0.0000% | 8h | 62.440 | +0.176% | $683 | $2.7M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.420 | +0.144% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.440 | +0.176% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0005% | 4h | 62.476 | +0.234% | $151K | $297K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0020% | 1h | 62.438 | +0.173% | $1K | $32K | 5x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0024% | 8h | 62.480 | +0.241% | $36K | $172K | 10x | as long as short |
| Lighter DRAM | +0.0032% | 1h | 62.432 | +0.164% | $971K | $1.0M | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.440 | +0.176% | $49K | $78K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.410 | +0.128% | — | — | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.408 | +0.125% | $267K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.430 | +0.160% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.380 | +0.080% | $1.1M | $2.2M | 10x | as long as short |
| QFEX DRAM-USD | +0.0052% | 1h | 62.420 | +0.144% | $1.0M | $78K | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0074% | 1h | 62.427 | +0.156% | $81.8M | $35.4M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0082% | 8h | 62.433 | +0.165% | — | — | 5x | as long as short |
| Bitget DRAMUSDT | +0.0094% | 8h | 62.440 | +0.176% | $26.3M | $13.3M | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.412 | +0.132% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.440 | +0.176% | $3.0M | $393K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.490 | +0.257% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.460 | +0.209% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.451 | +0.194% | $4K | — | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0105% | 8h | 62.460 | +0.209% | $5.5M | $4.5M | 50x | as long as short |
| Bybit DRAMUSDT | +0.0149% | 8h | 62.469 | +0.223% | $9.7M | $9.7M | 100x | as long as short |
| Coinbase International DRAM-PERP-INTXlong | +0.0152% | 1h | 62.330 | long leg | $535K | $75K | 20x | |
| Entropy io:DRAM | +0.0158% | 1h | 62.436 | +0.170% | $183K | $441K | 25x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0231% | 1h | 62.440 | +0.176% | $13K | $3K | 20x | as long as short |
| Aster DRAMUSDT | +0.0265% | 8h | 62.435 | +0.169% | $201K | $35K | 20x | as long as short |
| Variational Omni DRAM | +0.0343% | 8h | 62.503 | +0.278% | $2.4M | $747K | — | as long as short |
| Extended DRAM-USD | +0.0376% | 1h | 62.422 | +0.148% | $76K | $622K | 10x | as long as short |
| Binance DRAMUSDT | +0.0379% | 8h | 62.446 | +0.185% | $44.9M | $80.1M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0382% | 8h | 62.440 | +0.176% | $8.9M | $5.5M | 100x | as long as short |
| BloFin DRAM-USDT | +0.0438% | 8h | 62.460 | +0.209% | $302K | $26K | 20x | as long as short |
| Gate DRAM_USDT | +0.0634% | 8h | 62.470 | +0.225% | $8.2M | $3.5M | 75x | as long as short |
Coinbase International DRAM-PERP-INTX
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
GRVT DRAM_USDT_Perp
Lighter DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
tradeXYZ xyz:DRAM
Paradex DRAM-USD-PERP
Bitget DRAMUSDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
OKX DRAM-USDT-SWAP
Bybit DRAMUSDT
Deribit DRAM_USDC-PERPETUAL
Aster DRAMUSDT
Variational Omni DRAM
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
BloFin DRAM-USDT
Gate DRAM_USDT