DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.08 per $10,000 · paid last 24h +0.027%

Price spread now: Arcus against Entropy−0.014%7-day average — · you buy dearer than you sell

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

Long on Entropy Short on Arcus

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Entropy io:DRAM	62.219	0.0108	pay 0.0014% / 1h	55m 58s	$173K	$447K	25x
Short	Arcus DRAM-USD	62.210	0.0040	get 0.0005% / 1h	55m 58s	$48K	$77K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Entropy. 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 EntropybpFee ArcusbpOrdersPrice spread, now −0.014%Rate

Funding earned: −$14.28
Price spread: −0.014% → 0.000%: −$1.45
Slippage, 4 orders: no order book: not counted
Fee Entropy: 9 bp × 2 orders: −$18
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$38.22
Costs to cover: 0.225%
Break-even: never at this rate

Slippage unknown: Entropy: live order book, 29 min ago; 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 Entropy live order book, 29 min ago	2.16 bp	12.4 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Arcus no order-book sample	—	—	—	—	—

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 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	62.191	−0.045%	$438K	$502K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	62.190	−0.047%	$26.1M	$13.4M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.256	+0.059%	$37K	$177K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.190	−0.047%	$734	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.240	+0.034%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.190	−0.047%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0020%	1h	62.231	+0.019%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	62.170	−0.079%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USDshort	+0.0040%	1h	62.210	−0.014%	$48K	$77K	10x
edgeX DRAMUSDC	+0.0043%	4h	62.225	+0.010%	$151K	$296K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	62.160	−0.095%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.160	−0.095%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.195	−0.039%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.140	−0.127%	$1.1M	$2.3M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0072%	1h	62.180	−0.063%	$13K	$3K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0076%	8h	62.210	−0.014%	$5.5M	$4.5M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0077%	8h	62.185	−0.054%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	62.198	−0.034%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.180	−0.063%	$3.0M	$394K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.280	+0.098%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.210	−0.014%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.198	−0.033%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.330	+0.178%	$535K	$75K	20x	as long as short
Entropy io:DRAMlong	+0.0108%	1h	62.219	long leg	$173K	$447K	25x
Bybit DRAMUSDT	+0.0111%	8h	62.239	+0.032%	$9.7M	$9.7M	100x	as long as short
Lighter DRAM	+0.0120%	1h	62.193	−0.042%	$1.0M	$1.1M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0131%	1h	62.165	−0.087%	$81.4M	$35.5M	20x	as long as short
Aster DRAMUSDT	+0.0211%	8h	62.214	−0.007%	$200K	$35K	20x	as long as short
Variational Omni DRAM	+0.0276%	8h	62.194	−0.040%	$2.4M	$748K	—	as long as short
BloFin DRAM-USDT	+0.0318%	8h	62.270	+0.082%	$302K	$26K	20x	as long as short
Extended DRAM-USD	+0.0328%	1h	62.177	−0.067%	$76K	$622K	10x	as long as short
Binance DRAMUSDT	+0.0328%	8h	62.204	−0.024%	$44.7M	$80.2M	50x	as long as short
MEXC DRAM_USDT	+0.0330%	8h	62.190	−0.047%	$8.2M	$5.5M	100x	as long as short
Gate DRAM_USDT	+0.0606%	8h	62.230	+0.018%	$8.2M	$3.5M	75x	as long as short