Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: Extended against Entropy+0.228%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$360.356% of the position
Funding, last 5 days (all we have)−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)−0.159%−$16 · spread now +0.228%, 7d avg −0.026%
=Together, before fees−0.196%+ Points / potential airdropExtended: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.254% dearer against Entropy than usual: you sell high and buy low (spread +0.228% now, against its 7-day average of −0.026%): +$25 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:DRAM | 60.356 | 0.0050 | pay 0.0006% / 1h | 13m 51s | $1.0M | $957K | 25x |
| Short | Extended DRAM-USD | 60.494 | 0 | get 0.0000% / 1h | 13m 51s | $75K | $257K | 10x |
Entropy io:DRAM
Extended DRAM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$10.5
- Price spread: +0.228% → −0.026%
- $25.4
- Slippage, 4 orders
- −$12.6
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$20.7
- Costs to cover
- 0.356%
- Break-even
- never at this rate
Slippage from Entropy: live order book, 31 min ago; Extended: live order book, 17 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, 31 min ago | 1.73 bp | 10.7 bp −$11 | 25.6 bp −$256 | doesn't fit | doesn't fit |
| Sell Extended live order book, 17 min ago | 0.67 bp | 3.5 bp −$3 | 7.2 bp −$72 | 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 | −0.0488% | 8h | 60.530 | +0.288% | $26.3M | $15.2M | 20x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.520 | +0.272% | $194K | $26K | 20x | as long as short |
| Extended DRAM-USDshort | 0.0000% | 1h | 60.494 | +0.228% | $75K | $257K | 10x | |
| Binance DRAMUSDT | 0.0000% | 8h | 60.510 | +0.255% | $43.6M | $91.7M | 50x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.529 | +0.287% | $416K | $338K | 20x | as long as short |
| MEXC DRAM_USDT | 0.0000% | 8h | 60.510 | +0.255% | $8.7M | $5.6M | 100x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.546 | +0.315% | $2.2M | $688K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.410 | +0.090% | $35K | $211K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.560 | +0.338% | $630 | $2.5M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.430 | +0.123% | $27K | $3K | 20x | as long as short |
Bitget DRAMUSDT
Aster DRAMUSDT
Binance DRAMUSDT
RISEx DRAM/USDC
MEXC DRAM_USDT
Variational Omni DRAM
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex DRAMUSDT | 0.0000% | 8h | 60.540 | +0.305% | $1.7M | $1.3M | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0035% | 8h | 60.540 | +0.305% | $5.4M | $6.3M | 50x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.570 | +0.355% | $47K | $68K | 10x | as long as short |
| edgeX DRAMUSDC | +0.0042% | 4h | 60.466 | +0.183% | $147K | $300K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0043% | 1h | 60.417 | +0.101% | $1K | $29K | 5x | as long as short |
| Gate DRAM_USDT | +0.0043% | 8h | 60.570 | +0.355% | $7.9M | $3.7M | 75x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.560 | +0.338% | — | — | 10x | as long as short |
| Entropy io:DRAMlong | +0.0050% | 1h | 60.356 | long leg | $1.0M | $957K | 25x | |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.551 | +0.323% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.500 | +0.239% | $1.1M | $3.5M | 10x | as long as short |
| QFEX DRAM-USD | +0.0053% | 1h | 60.570 | +0.355% | $987K | $91K | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0098% | 1h | 60.580 | +0.371% | $252K | $1.3M | 10x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.521 | +0.273% | $73K | $30K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.490 | +0.222% | $2.9M | $396K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.510 | +0.255% | $21K | $183K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.560 | +0.338% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.542 | +0.309% | $4K | — | 10x | as long as short |
| BloFin DRAM-USDT | +0.0123% | 8h | 60.550 | +0.321% | $299K | $26K | 20x | as long as short |
| Bybit DRAMUSDT | +0.0137% | 8h | 60.550 | +0.321% | $9.6M | $10.5M | 100x | as long as short |
| Paradex DRAM-USD-PERP | +0.0157% | 8h | 60.588 | +0.384% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0203% | 1h | 60.510 | +0.255% | $78.8M | $36.2M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0248% | 1h | 60.100 | −0.424% | $527K | $87K | 20x | as long as short |
| Lighter DRAM | +0.0320% | 1h | 60.533 | +0.293% | $1.1M | $1.2M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0411% | 1h | 60.550 | +0.321% | $12K | $3K | 20x | as long as short |
Phemex DRAMUSDT
OKX DRAM-USDT-SWAP
Arcus DRAM-USD
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Gate DRAM_USDT
Vest DRAM-USD-PERP
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
QFEX DRAM-USD
Polymarket Perps DRAM-USD
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
BloFin DRAM-USDT
Bybit DRAMUSDT
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
Coinbase International DRAM-PERP-INTX
Lighter DRAM
Deribit DRAM_USDC-PERPETUAL