Funding you earn now, next payment 06:00 UTC−0.0174%/8h= −19.1% APRnext payment −$0.22 per $10,000 · paid last 24h −0.045%
Price spread now: QFEX against Extended−0.015%7-day average +0.029% · 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−$26as in the Price arb table
costs, in and out, $10k−$210.214% of the position
Funding, last 4 days (all we have)−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.015%, 7d avg +0.029%
=Together, before fees−0.043%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and QFEX is 0.044% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended DRAM-USD | 61.679 | 0.0224 | pay 0.0028% / 1h | 53m 47s | $74K | $238K | 10x |
| Short | QFEX DRAM-USD | 61.670 | 0.0050 | get 0.0006% / 1h | 53m 47s | $1.0M | $84K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$36.61
- Price spread: −0.015% → +0.029%
- −$4.41
- Slippage, 4 orders
- −$6.44
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$62.45
- Costs to cover
- 0.214%
- Break-even
- never at this rate
Slippage from Extended: live order book, 59 min ago; QFEX: live order book, 1 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, 59 min ago | 0.48 bp | 3.3 bp −$3 | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 1 min ago | 2.43 bp | 7.4 bp −$7 | 7.4 bp −$74 | 13.8 bp −$1,379 | 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/USDC | 0.0000% | 1h | 61.660 | −0.031% | $434K | $501K | 20x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 61.690 | +0.017% | $26.0M | $13.9M | 20x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.610 | −0.112% | $37K | $189K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.670 | −0.015% | $918 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.670 | −0.015% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.660 | −0.031% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0018% | 4h | 61.579 | −0.163% | $149K | $297K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0024% | 1h | 61.568 | −0.181% | $1K | $31K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.580 | −0.161% | $48K | $76K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.630 | −0.080% | — | — | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX DRAM-USDshort | +0.0050% | 1h | 61.670 | −0.015% | $1.0M | $84K | 10x | |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.636 | −0.070% | $259K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.675 | −0.007% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.600 | −0.129% | $1.1M | $2.5M | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0057% | 8h | 61.710 | +0.050% | $5.5M | $4.7M | 50x | as long as short |
| Bybit DRAMUSDT | +0.0062% | 8h | 61.720 | +0.066% | $9.5M | $10.0M | 100x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.609 | −0.113% | $74K | $49K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.630 | −0.080% | $3.0M | $401K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.680 | +0.001% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.670 | −0.015% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.677 | −0.003% | $4K | — | 10x | as long as short |
| Entropy io:DRAM | +0.0109% | 1h | 61.576 | −0.168% | $170K | $465K | 25x | as long as short |
| Paradex DRAM-USD-PERP | +0.0113% | 8h | 61.657 | −0.036% | — | — | 5x | as long as short |
| Aster DRAMUSDT | +0.0114% | 8h | 61.694 | +0.024% | $198K | $35K | 20x | as long as short |
| Variational Omni DRAM | +0.0175% | 8h | 61.664 | −0.025% | $2.4M | $618K | — | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 61.510 | −0.275% | $528K | $74K | 20x | as long as short |
| Lighter DRAM | +0.0208% | 1h | 61.669 | −0.017% | $1.1M | $1.2M | 20x | as long as short |
| Extended DRAM-USDlong | +0.0224% | 1h | 61.679 | long leg | $74K | $238K | 10x | |
| Binance DRAMUSDT | +0.0226% | 8h | 61.690 | +0.017% | $44.2M | $83.2M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0228% | 8h | 61.690 | +0.017% | $9.0M | $5.5M | 100x | as long as short |
| BloFin DRAM-USDT | +0.0229% | 8h | 61.670 | −0.015% | $301K | $26K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0253% | 1h | 61.687 | +0.012% | $80.2M | $35.5M | 20x | as long as short |
| Gate DRAM_USDT | +0.0275% | 8h | 61.720 | +0.066% | $8.1M | $3.6M | 75x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0399% | 1h | 61.660 | −0.031% | $13K | $3K | 20x | as long as short |
Extended DRAM-USD
RISEx DRAM/USDC
Bitget DRAMUSDT
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
OKX DRAM-USDT-SWAP
Bybit DRAMUSDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Paradex DRAM-USD-PERP
Aster DRAMUSDT
Variational Omni DRAM
Coinbase International DRAM-PERP-INTX
Lighter DRAM
Binance DRAMUSDT
MEXC DRAM_USDT
BloFin DRAM-USDT
tradeXYZ xyz:DRAM
Gate DRAM_USDT
Deribit DRAM_USDC-PERPETUAL