Funding you earn now, next payment 12:00 UTC−0.0366%/8h= −40.0% APRnext payment −$0.46 per $10,000 · paid last 24h −0.002%
Price spread now: Arcus against Deribit−0.049%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Arcus is 0.049% cheaper against Deribit than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DRAM_USDC-PERPETUAL | 61.030 | 0.0406 | pay 0.0051% / 1h | 11m 00s | $12K | $4K | 20x |
| Short | Arcus DRAM-USD | 61.000 | 0.0040 | get 0.0005% / 1h | 11m 00s | $59K | $80K | 10x |
Deribit DRAM_USDC-PERPETUAL
Arcus DRAM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Deribit. 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
- −$76.77
- Price spread: −0.049% → 0.000%
- −$4.92
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$93.19
- Costs to cover
- 0.115%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Arcus: no order-book sample. 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 Arcus no order-book sample | — | — | — | — | — |
Deribit and Arcus: 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 | 61.057 | +0.044% | $9.5M | $11.1M | 100x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 61.035 | +0.007% | $458K | $365K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 61.070 | +0.066% | $7.9M | $3.5M | 75x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 61.050 | +0.033% | $26.7M | $17.2M | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.050 | +0.033% | $719 | $2.2M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.110 | +0.131% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.060 | +0.049% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0022% | 4h | 61.067 | +0.061% | $148K | $298K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0026% | 1h | 61.013 | −0.029% | $1K | $26K | 5x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0030% | 8h | 61.077 | +0.076% | $36K | $229K | 10x | as long as short |
Bybit DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
Bitget DRAMUSDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
GRVT DRAM_USDT_PerpShow 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 | −0.049% | $999K | $100K | 10x | as long as short |
| Arcus DRAM-USDshort | +0.0040% | 1h | 61.000 | −0.049% | $59K | $80K | 10x | |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.980 | −0.082% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.008 | −0.036% | $254K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.035 | +0.008% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.950 | −0.131% | $1.1M | $3.7M | 10x | as long as short |
| Lighter DRAM | +0.0064% | 1h | 61.020 | −0.016% | $1.1M | $1.4M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0089% | 8h | 61.010 | −0.033% | — | — | 5x | as long as short |
| Aster DRAMUSDT | +0.0094% | 8h | 61.053 | +0.037% | $195K | $28K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.043 | +0.022% | $74K | $32K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.020 | −0.016% | $3.0M | $385K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.080 | +0.082% | $21K | $187K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.050 | +0.033% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.036 | +0.009% | $4K | — | 10x | as long as short |
| Variational Omni DRAM | +0.0122% | 8h | 61.078 | +0.078% | $2.1M | $679K | — | as long as short |
| tradeXYZ xyz:DRAM | +0.0151% | 1h | 61.016 | −0.023% | $79.2M | $38.6M | 20x | as long as short |
| Extended DRAM-USD | +0.0152% | 1h | 61.023 | −0.011% | $97K | $980K | 10x | as long as short |
| Binance DRAMUSDT | +0.0154% | 8h | 61.040 | +0.016% | $44.1M | $98.3M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0155% | 8h | 61.050 | +0.033% | $9.8M | $5.8M | 100x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0157% | 8h | 61.070 | +0.066% | $5.5M | $7.6M | 50x | as long as short |
| Entropy io:DRAM | +0.0168% | 1h | 61.012 | −0.029% | $292K | $1.7M | 25x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0216% | 1h | 61.140 | +0.180% | $536K | $90K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUALlong | +0.0406% | 1h | 61.030 | long leg | $12K | $4K | 20x | |
| BloFin DRAM-USDT | +0.0619% | 8h | 61.070 | +0.066% | $309K | $27K | 20x | as long as short |
QFEX DRAM-USD
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
Lighter DRAM
Paradex DRAM-USD-PERP
Aster DRAMUSDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Variational Omni DRAM
tradeXYZ xyz:DRAM
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
OKX DRAM-USDT-SWAP
Entropy io:DRAM
Coinbase International DRAM-PERP-INTX
BloFin DRAM-USDT