Funding you earn now, next payment 07:00 UTC−0.0099%/8h= −10.8% APRpaid last 24h +0.026%
Price spread now: RISEx against edgeX−0.151%55s7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$240.238% of the position
Funding, last 4 days (all we have)+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.151%, 7d avg +0.008%
=Together, before fees+0.232%+ Points / potential airdropedgeX: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and RISEx is 0.159% cheaper against edgeX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.008%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.069%, so the current rate has only just turned against you. The two prices were read 55 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 | edgeX DRAMUSDC | 61.029 | 0.0099 | pay 0.0049% / 4h | 1h 02m | $148K | $299K | 20x |
| Short | RISEx DRAM/USDC | 60.937 | 0 | get 0.0000% / 1h | 2m 03s | $422K | $348K | 20x |
edgeX DRAMUSDC
RISEx DRAM/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against edgeX. 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
- −$20.76
- Price spread: −0.151% → +0.008%
- −$15.86
- Slippage, 4 orders
- −$8.85
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$60.48
- Costs to cover
- 0.238%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 41 min ago; RISEx: live order book, 41 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 edgeX live order book, 41 min ago | 2.45 bp | 7.3 bp −$7 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 41 min ago | 1.55 bp | 4.6 bp −$5 | 5.4 bp −$54 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0661% | 8h | 60.980 | −0.080% | $26.1M | $14.8M | 20x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.946 | −0.135% | $196K | $35K | 20x | as long as short |
| Bybit DRAMUSDT | 0.0000% | 8h | 60.981 | −0.078% | $9.4M | $10.2M | 100x | as long as short |
| OKX DRAM-USDT-SWAP | 0.0000% | 8h | 60.970 | −0.096% | $5.4M | $5.9M | 50x | as long as short |
| RISEx DRAM/USDCshort | 0.0000% | 1h | 60.937 | −0.151% | $422K | $348K | 20x | |
| Gate DRAM_USDT | 0.0000% | 8h | 61.000 | −0.047% | $8.0M | $3.8M | 75x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 61.044 | +0.026% | $2.3M | $581K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.030 | +0.002% | $36K | $204K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.950 | −0.129% | $594 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.950 | −0.129% | $27K | $3K | 20x | as long as short |
Bitget DRAMUSDT
Aster DRAMUSDT
Bybit DRAMUSDT
OKX DRAM-USDT-SWAP
Gate DRAM_USDT
Variational Omni DRAM
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex DRAMUSDT | 0.0000% | 8h | 60.960 | −0.113% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0029% | 1h | 60.973 | −0.092% | $1K | $30K | 5x | as long as short |
| QFEX DRAM-USD | +0.0039% | 1h | 60.950 | −0.129% | $993K | $84K | 10x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.970 | −0.096% | $48K | $67K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.940 | −0.145% | — | — | 10x | as long as short |
| Binance DRAMUSDT | +0.0046% | 8h | 60.950 | −0.129% | $43.6M | $88.0M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0046% | 8h | 60.950 | −0.129% | $7.7M | $5.8M | 100x | as long as short |
| Extended DRAM-USD | +0.0048% | 1h | 60.923 | −0.173% | $74K | $190K | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.927 | −0.167% | $179K | $481K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.945 | −0.137% | $253K | $1.4M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.937 | −0.150% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.880 | −0.244% | $1.1M | $3.5M | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0081% | 8h | 60.925 | −0.170% | — | — | 5x | as long as short |
| edgeX DRAMUSDClong | +0.0099% | 4h | 61.029 | long leg | $148K | $299K | 20x | |
| Pacifica DRAM | +0.0100% | 1h | 60.941 | −0.144% | $73K | $46K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.930 | −0.162% | $3.0M | $420K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.030 | +0.002% | $21K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.950 | −0.129% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.934 | −0.155% | $4K | — | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0105% | 1h | 60.931 | −0.160% | $78.9M | $35.9M | 20x | as long as short |
| BloFin DRAM-USDT | +0.0120% | 8h | 60.980 | −0.080% | $298K | $26K | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0160% | 1h | 61.110 | +0.133% | $525K | $75K | 20x | as long as short |
| Lighter DRAM | +0.0240% | 1h | 60.946 | −0.136% | $1.1M | $1.2M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0407% | 1h | 60.920 | −0.178% | $13K | $3K | 20x | as long as short |
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
QFEX DRAM-USD
Arcus DRAM-USD
Vest DRAM-USD-PERP
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
Entropy io:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
tradeXYZ xyz:DRAM
BloFin DRAM-USDT
Coinbase International DRAM-PERP-INTX
Lighter DRAM
Deribit DRAM_USDC-PERPETUAL