Funding you earn now, next payment 03:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.01 per $10,000 · paid last 24h −0.007%
Price spread now: Coinbase International against Entropy−0.063%7-day average −0.167% · 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)+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.063%, 7d avg −0.167%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.104% dearer against Entropy than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.167%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:DRAM | 62.369 | 0.0161 | pay 0.0020% / 1h | 45m 49s | $234K | $419K | 25x |
| Short | Coinbase International DRAM-PERP-INTX | 62.330 | 0.0152 | get 0.0019% / 1h | 45m 49s | $535K | $75K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$1.85
- Price spread: −0.063% → −0.167%
- $10.41
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$19.44
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: Entropy: live order book, 49 min ago; Coinbase International: live order book, 12 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, 49 min ago | 2.49 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 12 min ago | 2.40 bp | 8.2 bp −$8 | 13.1 bp −$131 | 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 | 62.404 | +0.056% | $442K | $501K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.400 | +0.050% | $929 | $2.7M | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | 0.0000% | 1h | 62.390 | +0.034% | $13K | $3K | 20x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.340 | −0.046% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.400 | +0.050% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0011% | 4h | 62.357 | −0.019% | $151K | $298K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0026% | 1h | 62.351 | −0.029% | $1K | $32K | 5x | as long as short |
| Lighter DRAM | +0.0032% | 1h | 62.376 | +0.011% | $969K | $1.0M | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.360 | −0.014% | $51K | $79K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.360 | −0.014% | — | — | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.375 | +0.010% | $267K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.393 | +0.038% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.300 | −0.111% | $1.1M | $2.2M | 10x | as long as short |
| QFEX DRAM-USD | +0.0052% | 1h | 62.380 | +0.018% | $1.0M | $78K | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0097% | 1h | 62.363 | −0.010% | $81.8M | $35.6M | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0099% | 8h | 62.398 | +0.047% | $37K | $165K | 10x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.353 | −0.025% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.390 | +0.034% | $3.0M | $393K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.370 | +0.002% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.420 | +0.082% | $9K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0102% | 8h | 62.387 | +0.029% | — | — | 5x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.417 | +0.077% | $4K | — | 10x | as long as short |
| Bitget DRAMUSDT | +0.0107% | 8h | 62.390 | +0.034% | $26.3M | $13.2M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0149% | 8h | 62.400 | +0.050% | $5.5M | $4.4M | 50x | as long as short |
| Coinbase International DRAM-PERP-INTXshort | +0.0152% | 1h | 62.330 | −0.063% | $535K | $75K | 20x | |
| Entropy io:DRAMlong | +0.0161% | 1h | 62.369 | long leg | $234K | $419K | 25x | |
| Bybit DRAMUSDT | +0.0212% | 8h | 62.425 | +0.090% | $9.7M | $9.9M | 100x | as long as short |
| Aster DRAMUSDT | +0.0326% | 8h | 62.412 | +0.069% | $201K | $35K | 20x | as long as short |
| Variational Omni DRAM | +0.0405% | 8h | 62.383 | +0.023% | $2.4M | $738K | — | as long as short |
| Binance DRAMUSDT | +0.0442% | 8h | 62.391 | +0.035% | $45.0M | $80.5M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0447% | 8h | 62.390 | +0.034% | $9.2M | $5.4M | 100x | as long as short |
| Extended DRAM-USD | +0.0448% | 1h | 62.379 | +0.016% | $75K | $636K | 10x | as long as short |
| BloFin DRAM-USDT | +0.0607% | 8h | 62.420 | +0.082% | $303K | $26K | 20x | as long as short |
| Gate DRAM_USDT | +0.0608% | 8h | 62.420 | +0.082% | $8.2M | $3.5M | 75x | as long as short |
Coinbase International DRAM-PERP-INTX
RISEx DRAM/USDC
SunX DRAM-USDT
Deribit DRAM_USDC-PERPETUAL
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Lighter DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
tradeXYZ xyz:DRAM
GRVT DRAM_USDT_Perp
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Paradex DRAM-USD-PERP
Bitget DRAMUSDT
OKX DRAM-USDT-SWAP
Bybit DRAMUSDT
Aster DRAMUSDT
Variational Omni DRAM
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
BloFin DRAM-USDT
Gate DRAM_USDT