Funding you earn now, next payment 03:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.01 per $10,000 · paid last 24h −0.042%
Price spread now: Ondo Perps against Entropy−0.042%7-day average −0.108% · 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)−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.042%, 7d avg −0.108%
=Together, before fees−0.057%+ Points / potential airdropOndo Perps: Active · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.066% dearer against Entropy than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.108%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:DRAM | 62.206 | 0.0058 | pay 0.0007% / 1h | 32m 48s | $253K | $419K | 25x |
| Short | Ondo Perps DRAM-USD.P | 62.180 | 0.0050 | get 0.0006% / 1h | 32m 48s | $1.1M | $2.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- −$1.54
- Price spread: −0.042% → −0.108%
- $6.61
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$17.93
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Entropy: live order book, 2 min ago; Ondo Perps: 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, 2 min ago | 2.49 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | 62.262 | +0.090% | $442K | $506K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.270 | +0.103% | $780 | $2.8M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.220 | +0.023% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.280 | +0.119% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0029% | 1h | 62.221 | +0.024% | $1K | $33K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.230 | +0.039% | $51K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.190 | −0.026% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.235 | +0.047% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.267 | +0.098% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.Pshort | +0.0050% | 1h | 62.180 | −0.042% | $1.1M | $2.1M | 10x |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX DRAM-USD | +0.0055% | 1h | 62.250 | +0.071% | $1.0M | $78K | 10x | as long as short |
| Entropy io:DRAMlong | +0.0058% | 1h | 62.206 | long leg | $253K | $419K | 25x | |
| edgeX DRAMUSDC | +0.0087% | 4h | 62.235 | +0.046% | $151K | $297K | 20x | as long as short |
| Bitget DRAMUSDT | +0.0089% | 8h | 62.280 | +0.119% | $26.2M | $13.2M | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.267 | +0.098% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.250 | +0.071% | $3.0M | $401K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.190 | −0.026% | $22K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.290 | +0.135% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.287 | +0.131% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0120% | 1h | 62.255 | +0.079% | $967K | $1.0M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0137% | 8h | 62.251 | +0.072% | — | — | 5x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0169% | 8h | 62.246 | +0.065% | $36K | $157K | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0175% | 1h | 62.245 | +0.063% | $81.8M | $37.1M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 62.040 | −0.267% | $534K | $76K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0195% | 8h | 62.280 | +0.119% | $5.5M | $4.5M | 50x | as long as short |
| Bybit DRAMUSDT | +0.0273% | 8h | 62.310 | +0.167% | $9.7M | $10.1M | 100x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0393% | 1h | 62.250 | +0.071% | $13K | $3K | 20x | as long as short |
| Aster DRAMUSDT | +0.0401% | 8h | 62.289 | +0.133% | $200K | $36K | 20x | as long as short |
| Variational Omni DRAM | +0.0488% | 8h | 62.263 | +0.091% | $2.4M | $715K | — | as long as short |
| Extended DRAM-USD | +0.0520% | 1h | 62.250 | +0.071% | $75K | $669K | 10x | as long as short |
| Binance DRAMUSDT | +0.0522% | 8h | 62.271 | +0.104% | $44.7M | $81.8M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0522% | 8h | 62.260 | +0.087% | $9.2M | $5.6M | 100x | as long as short |
| Gate DRAM_USDT | +0.0545% | 8h | 62.320 | +0.183% | $8.1M | $3.5M | 75x | as long as short |
| BloFin DRAM-USDT | +0.0781% | 8h | 62.270 | +0.103% | $302K | $26K | 20x | as long as short |
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
edgeX DRAMUSDC
Bitget DRAMUSDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Lighter DRAM
Paradex DRAM-USD-PERP
GRVT DRAM_USDT_Perp
tradeXYZ xyz:DRAM
Coinbase International DRAM-PERP-INTX
OKX DRAM-USDT-SWAP
Bybit DRAMUSDT
Deribit DRAM_USDC-PERPETUAL
Aster DRAMUSDT
Variational Omni DRAM
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
Gate DRAM_USDT
BloFin DRAM-USDT