DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.016%

Price spread now: RISEx against Entropy−0.009%7-day average +0.007% · 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−$36as in the Price arb table

costs, in and out, $10k−$340.342% of the position

Long on Entropy Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.029%+$3 on $10k

Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.009%, 7d avg +0.007%

Together, before fees+0.122%+$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Entropy io:DRAM	61.844	0.0050	pay 0.0006% / 1h	23m 17s	$172K	$460K	25x
Short	RISEx DRAM/USDC	61.838	0	get 0.0000% / 1h	23m 17s	$435K	$500K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Entropy. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee EntropybpFee RISExbpOrdersPrice spread, now −0.009%Rate

Funding earned: −$10.5
Price spread: −0.009% → +0.007%: −$1.56
Slippage, 4 orders: −$10.23
Fee Entropy: 9 bp × 2 orders: −$18
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$46.29
Costs to cover: 0.342%
Break-even: never at this rate

Slippage from Entropy: live order book, 62 min ago; RISEx: live order book, 30 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, 62 min ago	2.16 bp	12.4 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 30 min ago	0.64 bp	3.6 bp −$4	5.3 bp −$53	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/USDCshort	0.0000%	1h	61.838	−0.009%	$435K	$500K	20x
Bitget DRAMUSDT	0.0000%	8h	61.850	+0.010%	$26.0M	$13.6M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.904	+0.097%	$36K	$187K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.820	−0.039%	$869	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.830	−0.023%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.810	−0.055%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0023%	1h	61.855	+0.018%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.830	−0.023%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.860	+0.026%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.810	−0.055%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAMlong	+0.0050%	1h	61.844	long leg	$172K	$460K	25x
Polymarket Perps DRAM-USD	+0.0050%	1h	61.804	−0.065%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.815	−0.047%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.790	−0.087%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0062%	8h	61.840	−0.006%	$5.4M	$4.6M	50x	as long as short
edgeX DRAMUSDC	+0.0080%	4h	61.939	+0.153%	$150K	$297K	20x	as long as short
Bybit DRAMUSDT	+0.0083%	8h	61.820	−0.039%	$9.6M	$9.8M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.837	−0.012%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.820	−0.039%	$3.0M	$397K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.920	+0.123%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.820	−0.039%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.824	−0.033%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.430%	$533K	$75K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0110%	8h	61.823	−0.034%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0133%	1h	61.781	−0.102%	$80.5M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0155%	8h	61.838	−0.010%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0184%	1h	61.813	−0.050%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0217%	8h	61.874	+0.048%	$2.4M	$739K	—	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0236%	1h	61.790	−0.087%	$13K	$3K	20x	as long as short
BloFin DRAM-USDT	+0.0252%	8h	61.850	+0.010%	$299K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0269%	8h	61.825	−0.031%	$44.4M	$81.2M	50x	as long as short
Extended DRAM-USD	+0.0272%	1h	61.807	−0.060%	$76K	$417K	10x	as long as short
MEXC DRAM_USDT	+0.0273%	8h	61.800	−0.071%	$8.2M	$5.6M	100x	as long as short
Gate DRAM_USDT	+0.0437%	8h	61.860	+0.026%	$8.1M	$3.5M	75x	as long as short