DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0142%/8h= −15.6% APRnext payment −$0.18 per $10,000 · paid last 24h −0.053%

Price spread now: ApeX Omni against Deribit+0.098%74s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. ApeX Omni is 0.098% dearer against Deribit than usual: you sell high and buy low (spread +0.098% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.3 days. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit DRAM_USDC-PERPETUAL	60.990	0.0242	pay 0.0030% / 1h	8m 13s	$12K	$4K	20x
Short	ApeX Omni DRAMUSDT	61.050	0.0100	get 0.0013% / 1h	8m 13s	$21K	$187K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Deribit. 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 DeribitbpFee ApeX OmnibpOrdersPrice spread, now +0.098%Rate

Funding earned: −$29.85
Price spread: +0.098% → 0.000%: $9.84
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$37.01
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; ApeX Omni: live order book, 31 min ago. Net counts fees only.

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 Deribit no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 31 min ago	27.81 bp	38.5 bp −$39	213.8 bp −$2,138	doesn't fit	doesn't fit

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

DRAM on 34 exchanges

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
Bybit DRAMUSDT	0.0000%	8h	61.040	+0.082%	$9.5M	$11.1M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.998	+0.013%	$458K	$365K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.030	+0.066%	$7.9M	$3.5M	75x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.000	+0.016%	$26.6M	$17.1M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.000	+0.016%	$608	$2.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.020	+0.049%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.010	+0.033%	$1.7M	$1.3M	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0021%	8h	61.063	+0.120%	$36K	$229K	10x	as long as short
edgeX DRAMUSDC	+0.0022%	4h	61.067	+0.126%	$148K	$298K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0027%	1h	60.989	−0.002%	$1K	$26K	5x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0032%	1h	61.000	+0.016%	$1.0M	$100K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.970	−0.033%	$59K	$80K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.940	−0.082%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.989	−0.002%	$254K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.006	+0.026%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.950	−0.066%	$1.1M	$3.6M	10x	as long as short
Lighter DRAM	+0.0072%	1h	60.998	+0.013%	$1.1M	$1.4M	20x	as long as short
Aster DRAMUSDT	+0.0087%	8h	61.023	+0.054%	$195K	$28K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0092%	8h	60.996	+0.009%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	61.010	+0.033%	$74K	$32K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.980	−0.016%	$3.0M	$384K	20x	as long as short
ApeX Omni DRAMUSDTshort	+0.0100%	1h	61.050	+0.098%	$21K	$187K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.020	+0.049%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.999	+0.015%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0111%	8h	61.028	+0.063%	$2.1M	$679K	—	as long as short
Extended DRAM-USD	+0.0144%	1h	60.995	+0.008%	$97K	$974K	10x	as long as short
Binance DRAMUSDT	+0.0148%	8h	61.017	+0.045%	$44.1M	$98.0M	50x	as long as short
MEXC DRAM_USDT	+0.0149%	8h	61.000	+0.016%	$9.8M	$5.8M	100x	as long as short
OKX DRAM-USDT-SWAP	+0.0160%	8h	61.030	+0.066%	$5.5M	$7.6M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0160%	1h	60.985	−0.008%	$79.2M	$38.0M	20x	as long as short
Entropy io:DRAM	+0.0173%	1h	60.991	+0.002%	$291K	$1.7M	25x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0216%	1h	61.140	+0.246%	$536K	$90K	20x	as long as short
Deribit DRAM_USDC-PERPETUALlong	+0.0242%	1h	60.990	long leg	$12K	$4K	20x
BloFin DRAM-USDT	+0.0628%	8h	61.040	+0.082%	$309K	$27K	20x	as long as short