DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0067%/8h= −7.4% APRnext payment −$0.08 per $10,000 · paid last 24h −0.041%

Price spread now: Coinbase International against Deribit+0.164%7-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 Coinbase International

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. Coinbase International is 0.164% dearer against Deribit than usual: you sell high and buy low (spread +0.164% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit DRAM_USDC-PERPETUAL	60.840	0.0243	pay 0.0030% / 1h	23m 13s	$13K	$3K	20x
Short	Coinbase International DRAM-PERP-INTX	60.940	0.0176	get 0.0022% / 1h	23m 13s	$523K	$75K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.164%Rate

Funding earned: −$14.14
Price spread: +0.164% → 0.000%: $16.44
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$14.7
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 15 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 Coinbase International live order book, 15 min ago	4.92 bp	13.1 bp −$13	16.9 bp −$169	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 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
Bitget DRAMUSDT	−0.0765%	8h	60.900	+0.099%	$26.5M	$15.1M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.866	+0.043%	$195K	$38K	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.836	−0.007%	$421K	$339K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	60.920	+0.131%	$8.0M	$3.7M	75x	as long as short
Variational Omni DRAM	0.0000%	8h	60.834	−0.010%	$2.3M	$597K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.863	+0.038%	$36K	$206K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.840	0.000%	$978	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.820	−0.033%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.860	+0.033%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0014%	8h	60.870	+0.049%	$5.4M	$6.0M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DRAMUSDT	+0.0017%	8h	60.892	+0.085%	$9.6M	$10.4M	100x	as long as short
Extended DRAM-USD	+0.0024%	1h	60.844	+0.007%	$77K	$196K	10x	as long as short
Binance DRAMUSDT	+0.0025%	8h	60.860	+0.033%	$43.7M	$89.1M	50x	as long as short
MEXC DRAM_USDT	+0.0026%	8h	60.860	+0.033%	$7.7M	$5.7M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0039%	1h	60.843	+0.004%	$1K	$29K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.820	−0.033%	$47K	$67K	10x	as long as short
QFEX DRAM-USD	+0.0040%	1h	60.840	0.000%	$991K	$84K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.820	−0.033%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.815	−0.041%	$179K	$480K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.817	−0.038%	$253K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.842	+0.003%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.800	−0.066%	$1.1M	$3.5M	10x	as long as short
BloFin DRAM-USDT	+0.0052%	8h	60.880	+0.066%	$299K	$26K	20x	as long as short
edgeX DRAMUSDC	+0.0088%	4h	60.838	−0.003%	$147K	$298K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	60.818	−0.036%	$73K	$38K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.830	−0.016%	$3.0M	$422K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.870	+0.049%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.850	+0.016%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0102%	8h	60.837	−0.006%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.845	+0.008%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTXshort	+0.0176%	1h	60.940	+0.164%	$523K	$75K	20x
tradeXYZ xyz:DRAM	+0.0199%	1h	60.832	−0.013%	$78.7M	$35.9M	20x	as long as short
Deribit DRAM_USDC-PERPETUALlong	+0.0243%	1h	60.840	long leg	$13K	$3K	20x
Lighter DRAM	+0.0368%	1h	60.886	+0.076%	$1.1M	$1.2M	20x	as long as short