Funding you earn now, next payment 04:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.026%
Price spread now: ApeX Omni against Entropy−0.021%47s7-day average +0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.021%, 7d avg +0.015%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and ApeX Omni is 0.036% cheaper against Entropy than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.015%). Swap the legs. The two prices were read 47 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 | Entropy io:DRAM | 62.403 | 0.0163 | pay 0.0020% / 1h | 42m 50s | $233K | $420K | 25x |
| Short | ApeX Omni DRAMUSDT | 62.390 | 0.0100 | get 0.0013% / 1h | 42m 50s | $22K | $186K | 50x |
Entropy io:DRAM
ApeX Omni DRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Entropy. 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
- −$13.31
- Price spread: −0.021% → +0.015%
- −$3.59
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$44.9
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: Entropy: live order book, 52 min ago; ApeX Omni: live order book, 13 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 Entropy live order book, 52 min ago | 2.49 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 13 min ago | 26.42 bp | 38.3 bp −$38 | 205.5 bp −$2,055 | 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 | 62.442 | +0.063% | $442K | $501K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.440 | +0.059% | $892 | $2.7M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.390 | −0.021% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.440 | +0.059% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0024% | 1h | 62.370 | −0.053% | $1K | $32K | 5x | as long as short |
| Lighter DRAM | +0.0032% | 1h | 62.436 | +0.053% | $970K | $1.0M | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.360 | −0.069% | $51K | $79K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.380 | −0.037% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.402 | −0.002% | $267K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.439 | +0.058% | $2K | $15K | 20x | as long as short |
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Lighter DRAM
Arcus DRAM-USD
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USD
SoDEX DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.390 | −0.021% | $1.1M | $2.2M | 10x | as long as short |
| QFEX DRAM-USD | +0.0052% | 1h | 62.410 | +0.011% | $1.0M | $78K | 10x | as long as short |
| edgeX DRAMUSDC | +0.0069% | 4h | 62.383 | −0.032% | $151K | $298K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0081% | 8h | 62.402 | −0.001% | $37K | $167K | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0098% | 1h | 62.427 | +0.038% | $81.9M | $35.6M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0099% | 8h | 62.439 | +0.058% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.405 | +0.003% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.420 | +0.027% | $3.0M | $393K | 20x | as long as short |
| ApeX Omni DRAMUSDTshort | +0.0100% | 1h | 62.390 | −0.021% | $22K | $186K | 50x | |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.470 | +0.107% | $9K | — | 10x | as long as short |
| Bitget DRAMUSDT | +0.0103% | 8h | 62.450 | +0.075% | $26.3M | $13.2M | 20x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.458 | +0.088% | $4K | — | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0145% | 8h | 62.460 | +0.091% | $5.5M | $4.5M | 50x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.330 | −0.117% | $535K | $75K | 20x | as long as short |
| Entropy io:DRAMlong | +0.0163% | 1h | 62.403 | long leg | $233K | $420K | 25x | |
| Bybit DRAMUSDT | +0.0206% | 8h | 62.487 | +0.135% | $9.7M | $9.9M | 100x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0231% | 1h | 62.440 | +0.059% | $13K | $3K | 20x | as long as short |
| Aster DRAMUSDT | +0.0319% | 8h | 62.462 | +0.094% | $201K | $35K | 20x | as long as short |
| Variational Omni DRAM | +0.0405% | 8h | 62.383 | −0.031% | $2.4M | $738K | — | as long as short |
| Binance DRAMUSDT | +0.0434% | 8h | 62.440 | +0.059% | $45.0M | $80.5M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0438% | 8h | 62.450 | +0.075% | $9.2M | $5.4M | 100x | as long as short |
| Extended DRAM-USD | +0.0440% | 1h | 62.434 | +0.050% | $75K | $636K | 10x | as long as short |
| BloFin DRAM-USDT | +0.0589% | 8h | 62.420 | +0.027% | $303K | $26K | 20x | as long as short |
| Gate DRAM_USDT | +0.0611% | 8h | 62.480 | +0.123% | $8.2M | $3.5M | 75x | as long as short |
Ondo Perps DRAM-USD.P
QFEX DRAM-USD
edgeX DRAMUSDC
GRVT DRAM_USDT_Perp
tradeXYZ xyz:DRAM
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
Orderly PERP_DRAM_USDC_mythos
Bitget DRAMUSDT
Aevo DRAM-PERP
OKX DRAM-USDT-SWAP
Coinbase International DRAM-PERP-INTX
Bybit DRAMUSDT
Deribit DRAM_USDC-PERPETUAL
Aster DRAMUSDT
Variational Omni DRAM
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
BloFin DRAM-USDT
Gate DRAM_USDT