Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h −0.015%
Price spread now: Entropy against Extended−0.076%7-day average +0.026% · 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−$46as 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)+0.006%+$1 · spread now −0.076%, 7d avg +0.026%
=Together, before fees+0.044%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Entropy is 0.101% cheaper against Extended than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of +0.026%). If the spread goes back, that is −$10 on $10k: about 5.1 days of funding at the current rate (+$2 a day). At the pace of the last 5 days (+0.038% in total) that is about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended DRAM-USD | 60.764 | 0.0008 | pay 0.0001% / 1h | 9m 01s | $76K | $257K | 10x |
| Short | Entropy io:DRAM | 60.718 | 0.0075 | get 0.0009% / 1h | 9m 01s | $1.0M | $954K | 25x |
Extended DRAM-USD
Entropy io:DRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Extended. 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
- $13.99
- Price spread: −0.076% → +0.026%
- −$10.12
- Slippage, 4 orders
- −$12.6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$31.73
- Costs to cover
- 0.356%
- Break-even
- 22.9 days
Slippage from Extended: live order book, 22 min ago; Entropy: live order book, 36 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 Extended live order book, 22 min ago | 0.67 bp | 3.5 bp −$3 | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 36 min ago | 1.73 bp | 17.9 bp −$18 | doesn't fit | 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 | −0.0444% | 8h | 60.780 | +0.027% | $26.5M | $15.2M | 20x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.667 | −0.159% | $194K | $26K | 20x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.705 | −0.098% | $417K | $337K | 20x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.685 | −0.130% | $2.1M | $727K | — | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.780 | +0.027% | $924 | $2.5M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.680 | −0.138% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.770 | +0.010% | $1.7M | $1.3M | 10x | as long as short |
| MEXC DRAM_USDT | +0.0001% | 8h | 60.770 | +0.010% | $8.7M | $5.6M | 100x | as long as short |
| Binance DRAMUSDT | +0.0006% | 8h | 60.789 | +0.042% | $43.9M | $92.1M | 50x | as long as short |
| Extended DRAM-USDlong | +0.0008% | 1h | 60.764 | long leg | $76K | $257K | 10x |
Bitget DRAMUSDT
Aster DRAMUSDT
RISEx DRAM/USDC
Variational Omni DRAM
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
MEXC DRAM_USDT
Binance DRAMUSDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus DRAM-USD | +0.0040% | 1h | 60.760 | −0.006% | $47K | $68K | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0042% | 1h | 60.553 | −0.347% | $1K | $29K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.760 | −0.006% | — | — | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0048% | 8h | 60.790 | +0.043% | $5.4M | $6.3M | 50x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.768 | +0.007% | $253K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.760 | −0.006% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.670 | −0.155% | $1.1M | $3.5M | 10x | as long as short |
| QFEX DRAM-USD | +0.0053% | 1h | 60.790 | +0.043% | $991K | $93K | 10x | as long as short |
| Entropy io:DRAMshort | +0.0075% | 1h | 60.718 | −0.076% | $1.0M | $954K | 25x | |
| edgeX DRAMUSDC | +0.0087% | 4h | 60.658 | −0.174% | $147K | $298K | 20x | as long as short |
| Gate DRAM_USDT | +0.0089% | 8h | 60.810 | +0.076% | $7.9M | $3.7M | 75x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.729 | −0.057% | $73K | $30K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.700 | −0.105% | $3.0M | $401K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.440 | −0.533% | $21K | $183K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.780 | +0.027% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.765 | +0.002% | $4K | — | 10x | as long as short |
| Bybit DRAMUSDT | +0.0181% | 8h | 60.810 | +0.076% | $9.6M | $10.6M | 100x | as long as short |
| Paradex DRAM-USD-PERP | +0.0181% | 8h | 60.808 | +0.072% | — | — | 5x | as long as short |
| BloFin DRAM-USDT | +0.0182% | 8h | 60.780 | +0.027% | $297K | $26K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0212% | 1h | 60.770 | +0.010% | $79.2M | $36.2M | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0237% | 8h | 60.669 | −0.155% | $36K | $212K | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0244% | 1h | 60.760 | −0.006% | $13K | $3K | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0248% | 1h | 60.100 | −1.093% | $527K | $87K | 20x | as long as short |
| Lighter DRAM | +0.0320% | 1h | 60.791 | +0.045% | $1.1M | $1.2M | 20x | as long as short |
Arcus DRAM-USD
Aftermath Perps DRAMUSD
Vest DRAM-USD-PERP
OKX DRAM-USDT-SWAP
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
QFEX DRAM-USD
edgeX DRAMUSDC
Gate DRAM_USDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Bybit DRAMUSDT
Paradex DRAM-USD-PERP
BloFin DRAM-USDT
tradeXYZ xyz:DRAM
GRVT DRAM_USDT_Perp
Deribit DRAM_USDC-PERPETUAL
Coinbase International DRAM-PERP-INTX
Lighter DRAM