Funding you earn now, next payment 02:00 UTC+0.0498%/8h= +54.5% APRnext payment +$0.62 per $10,000 · paid last 24h +0.041%
Price spread now: Deribit against Entropy+0.055%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Deribit is 0.055% dearer against Entropy than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:DRAM | 62.196 | 0.0056 | pay 0.0007% / 1h | 24m 14s | $253K | $430K | 25x |
| Short | Deribit DRAM_USDC-PERPETUAL | 62.230 | 0.0554 | get 0.0069% / 1h | 24m 14s | $13K | $3K | 20x |
Entropy io:DRAM
Deribit DRAM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $104.52
- Price spread: +0.055% → 0.000%
- $5.47
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $84.98
- Costs to cover
- 0.250%
- Break-even
- 1.3 days
Slippage unknown: Entropy: live order book, 21 min ago; Deribit: 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, 21 min ago | 3.21 bp | 17.7 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 33 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX DRAM-USDT | 0.0000% | 8h | 62.270 | +0.119% | $821 | $2.9M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.240 | +0.071% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.250 | +0.087% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0019% | 4h | 62.251 | +0.088% | $151K | $296K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0034% | 1h | 62.223 | +0.043% | $1K | $34K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.230 | +0.055% | $51K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.210 | +0.023% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0046% | 1h | 62.250 | +0.087% | $1.0M | $78K | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.246 | +0.080% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.239 | +0.069% | $2K | $15K | 20x | as long as short |
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Arcus DRAM-USD
Vest DRAM-USD-PERP
QFEX DRAM-USD
Polymarket Perps DRAM-USD
SoDEX DRAM-USDShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.210 | +0.023% | $1.1M | $1.9M | 10x | as long as short |
| Entropy io:DRAMlong | +0.0056% | 1h | 62.196 | long leg | $253K | $430K | 25x | |
| Pacifica DRAM | +0.0100% | 1h | 62.213 | +0.028% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.240 | +0.071% | $3.0M | $404K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.190 | −0.010% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.260 | +0.103% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.263 | +0.108% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.130 | −0.106% | $534K | $93K | 20x | as long as short |
| Lighter DRAM | +0.0160% | 1h | 62.231 | +0.056% | $966K | $1.0M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0180% | 8h | 62.255 | +0.095% | — | — | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0228% | 8h | 62.270 | +0.119% | $5.5M | $4.5M | 50x | as long as short |
| tradeXYZ xyz:DRAM | +0.0235% | 1h | 62.240 | +0.071% | $82.0M | $36.7M | 20x | as long as short |
| Bitget DRAMUSDT | +0.0279% | 8h | 62.260 | +0.103% | $26.0M | $12.9M | 20x | as long as short |
| Bybit DRAMUSDT | +0.0348% | 8h | 62.285 | +0.143% | $9.6M | $10.1M | 100x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0427% | 8h | 62.258 | +0.099% | $37K | $154K | 10x | as long as short |
| Aster DRAMUSDT | +0.0468% | 8h | 62.267 | +0.115% | $200K | $36K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUALshort | +0.0554% | 1h | 62.230 | +0.055% | $13K | $3K | 20x | |
| Variational Omni DRAM | +0.0556% | 8h | 62.285 | +0.143% | $2.4M | $756K | — | as long as short |
| Gate DRAM_USDT | +0.0568% | 8h | 62.300 | +0.167% | $8.2M | $3.5M | 75x | as long as short |
| Extended DRAM-USD | +0.0592% | 1h | 62.230 | +0.055% | $75K | $669K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0593% | 8h | 62.240 | +0.071% | $9.7M | $5.9M | 100x | as long as short |
| Binance DRAMUSDT | +0.0593% | 8h | 62.255 | +0.094% | $44.7M | $82.0M | 50x | as long as short |
| RISEx DRAM/USDC | +0.0835% | 1h | 62.258 | +0.100% | $448K | $504K | 20x | as long as short |
Ondo Perps DRAM-USD.P
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Coinbase International DRAM-PERP-INTX
Lighter DRAM
Paradex DRAM-USD-PERP
OKX DRAM-USDT-SWAP
tradeXYZ xyz:DRAM
Bitget DRAMUSDT
Bybit DRAMUSDT
GRVT DRAM_USDT_Perp
Aster DRAMUSDT
Variational Omni DRAM
Gate DRAM_USDT
Extended DRAM-USD
MEXC DRAM_USDT
Binance DRAMUSDT
RISEx DRAM/USDC