Funding you earn now, next payment 09:00 UTC+0.0330%/8h= +36.2% APRpaid last 24h −0.017%
Price spread now: edgeX against Entropy−0.072%108s7-day average −0.004% · 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−$590.592% of the position
Funding, last 5 days (all we have)−0.080%−$8 on $10k
+Price spread, last 4 days (all we have)+0.228%+$23 · spread now −0.072%, 7d avg −0.004%
=Together, before fees+0.147%+ Points / potential airdropedgeX: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.068% cheaper against Entropy than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.004%). If the spread goes back, that is −$7 on $10k: about 16 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 5 days funding on this pair cost −0.080%, so the current rate has only just turned in your favour. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.080% in total (about -6.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:DRAM | 60.699 | −0.0316 | get 0.0040% / 1h | 51m 39s | $179K | $465K | 25x |
| Short | edgeX DRAMUSDC | 60.656 | 0.0014 | get 0.0007% / 4h | 3h 51m | $147K | $298K | 20x |
Entropy io:DRAM
edgeX DRAMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $69.36
- Price spread: −0.072% → −0.004%
- −$6.8
- Slippage, 4 orders
- −$32.25
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $3.31
- Costs to cover
- 0.592%
- Break-even
- 6.7 days
Slippage from Entropy: live order book, 63 min ago; edgeX: live order book, 46 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 Entropy live order book, 63 min ago | 2.38 bp | 21.4 bp −$21 | 100.7 bp −$1,007 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 46 min ago | 2.46 bp | 7.0 bp −$7 | 14.0 bp −$140 | 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 | −0.0733% | 8h | 60.650 | −0.081% | $26.4M | $15.2M | 20x | as long as short |
| Entropy io:DRAMlong | −0.0316% | 1h | 60.699 | long leg | $179K | $465K | 25x | |
| Aster DRAMUSDT | 0.0000% | 8h | 60.672 | −0.045% | $194K | $39K | 20x | as long as short |
| Extended DRAM-USD | 0.0000% | 1h | 60.625 | −0.122% | $76K | $218K | 10x | as long as short |
| Binance DRAMUSDT | 0.0000% | 8h | 60.650 | −0.081% | $43.7M | $89.4M | 50x | as long as short |
| Bybit DRAMUSDT | 0.0000% | 8h | 60.658 | −0.068% | $9.6M | $10.4M | 100x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.636 | −0.104% | $418K | $338K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 60.630 | −0.114% | $7.9M | $3.6M | 75x | as long as short |
| MEXC DRAM_USDT | 0.0000% | 8h | 60.630 | −0.114% | $8.4M | $5.4M | 100x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.745 | +0.076% | $2.3M | $584K | — | as long as short |
Bitget DRAMUSDT
Aster DRAMUSDT
Extended DRAM-USD
Binance DRAMUSDT
Bybit DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
MEXC DRAM_USDT
Variational Omni DRAMShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.641 | −0.096% | $35K | $209K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.580 | −0.196% | $757 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.680 | −0.031% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.590 | −0.180% | $1.7M | $1.3M | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0005% | 8h | 60.650 | −0.081% | $5.4M | $6.1M | 50x | as long as short |
| edgeX DRAMUSDCshort | +0.0014% | 4h | 60.656 | −0.072% | $147K | $298K | 20x | |
| BloFin DRAM-USDT | +0.0034% | 8h | 60.630 | −0.114% | $298K | $25K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0039% | 1h | 60.654 | −0.074% | $1K | $29K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.620 | −0.130% | $47K | $67K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.740 | +0.068% | — | — | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0050% | 1h | 60.599 | −0.165% | $78.4M | $34.8M | 20x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.561 | −0.227% | $252K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.590 | −0.180% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.580 | −0.196% | $1.1M | $3.5M | 10x | as long as short |
| QFEX DRAM-USD | +0.0053% | 1h | 60.740 | +0.068% | $990K | $84K | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0096% | 8h | 60.601 | −0.161% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.607 | −0.152% | $73K | $34K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.620 | −0.130% | $3.0M | $404K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.600 | −0.163% | $21K | $182K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.620 | −0.130% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.601 | −0.161% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0224% | 1h | 60.631 | −0.112% | $1.1M | $1.2M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0245% | 1h | 60.590 | −0.180% | $12K | $3K | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0248% | 1h | 60.590 | −0.180% | $532K | $86K | 20x | as long as short |
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
OKX DRAM-USDT-SWAP
BloFin DRAM-USDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
Vest DRAM-USD-PERP
tradeXYZ xyz:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
QFEX DRAM-USD
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Lighter DRAM
Deribit DRAM_USDC-PERPETUAL
Coinbase International DRAM-PERP-INTX