Funding you earn now, next payment 03:00 UTC−0.0077%/8h= −8.4% APRnext payment −$0.10 per $10,000 · paid last 24h 0.000%
Price spread now: tradeXYZ against Coinbase International+0.111%7-day average +0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$370.366% of the position
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.111%, 7d avg +0.125%
=Together, before fees−0.225%+ Points / potential airdroptradeXYZ: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.125%, so right now this pair is about funding alone: −$2 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 | 13m 59s | $535K | $75K | 20x |
| Short | tradeXYZ xyz:DRAM | 62.399 | 0.0075 | get 0.0009% / 1h | 13m 59s | $81.7M | $35.4M | 20x |
Coinbase International DRAM-PERP-INTX
tradeXYZ xyz:DRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$16.1
- Price spread: +0.111% → +0.125%
- −$1.45
- Slippage, 4 orders
- −$8.61
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$54.16
- Costs to cover
- 0.366%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 44 min ago; tradeXYZ: live order book, 4 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, 44 min ago | 2.40 bp | 8.1 bp −$8 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 0.16 bp | 9.6 bp −$10 | 11.6 bp −$116 | 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/USDC | 0.0000% | 1h | 62.415 | +0.136% | $442K | $501K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.430 | +0.160% | $910 | $2.7M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.400 | +0.112% | $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 |
| GRVT DRAM_USDT_Perp | +0.0010% | 8h | 62.460 | +0.208% | $37K | $173K | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0020% | 1h | 62.395 | +0.104% | $1K | $32K | 5x | as long as short |
| Lighter DRAM | +0.0032% | 1h | 62.387 | +0.091% | $1.0M | $1.1M | 20x | as long as short |
| edgeX DRAMUSDC | +0.0035% | 4h | 62.426 | +0.154% | $151K | $299K | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.400 | +0.112% | $49K | $77K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.370 | +0.064% | — | — | 10x | as long as short |
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
GRVT DRAM_USDT_Perp
Aftermath Perps DRAMUSD
Lighter DRAM
edgeX DRAMUSDC
Arcus DRAM-USD
Vest DRAM-USD-PERPShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.396 | +0.106% | $267K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.397 | +0.107% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.360 | +0.048% | $1.1M | $2.3M | 10x | as long as short |
| QFEX DRAM-USD | +0.0052% | 1h | 62.400 | +0.112% | $1.0M | $78K | 10x | as long as short |
| tradeXYZ xyz:DRAMshort | +0.0075% | 1h | 62.399 | +0.111% | $81.7M | $35.4M | 20x | |
| Paradex DRAM-USD-PERP | +0.0080% | 8h | 62.385 | +0.088% | — | — | 5x | as long as short |
| Bitget DRAMUSDT | +0.0081% | 8h | 62.430 | +0.160% | $26.2M | $13.4M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0099% | 8h | 62.440 | +0.176% | $5.5M | $4.5M | 50x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.369 | +0.062% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.400 | +0.112% | $3.0M | $394K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.450 | +0.193% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.420 | +0.144% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.412 | +0.131% | $4K | — | 10x | as long as short |
| Bybit DRAMUSDT | +0.0135% | 8h | 62.450 | +0.193% | $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 | +0.0152% | 1h | 62.397 | +0.107% | $183K | $441K | 25x | as long as short |
| Aster DRAMUSDT | +0.0251% | 8h | 62.417 | +0.140% | $201K | $35K | 20x | as long as short |
| Variational Omni DRAM | +0.0326% | 8h | 62.404 | +0.119% | $2.4M | $747K | — | as long as short |
| Binance DRAMUSDT | +0.0367% | 8h | 62.430 | +0.160% | $44.9M | $80.2M | 50x | as long as short |
| Extended DRAM-USD | +0.0368% | 1h | 62.413 | +0.133% | $76K | $622K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0369% | 8h | 62.420 | +0.144% | $8.9M | $5.5M | 100x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0391% | 1h | 62.400 | +0.112% | $13K | $3K | 20x | as long as short |
| BloFin DRAM-USDT | +0.0402% | 8h | 62.410 | +0.128% | $302K | $26K | 20x | as long as short |
| Gate DRAM_USDT | +0.0632% | 8h | 62.450 | +0.193% | $8.2M | $3.5M | 75x | as long as short |
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
QFEX DRAM-USD
Paradex DRAM-USD-PERP
Bitget DRAMUSDT
OKX DRAM-USDT-SWAP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Bybit DRAMUSDT
Entropy io:DRAM
Aster DRAMUSDT
Variational Omni DRAM
Binance DRAMUSDT
Extended DRAM-USD
MEXC DRAM_USDT
Deribit DRAM_USDC-PERPETUAL
BloFin DRAM-USDT
Gate DRAM_USDT