DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0033%/8h= +3.7% APRnext payment +$0.04 per $10,000 · paid last 24h −0.015%

Price spread now: tradeXYZ against Extended+0.019%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$280.279% of the position

Long on Extended Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.019%, 7d avg −0.012%

Together, before fees−0.023%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.031% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DRAM-USD	61.008	0.0064	pay 0.0008% / 1h	14m 36s	$74K	$190K	10x
Short	tradeXYZ xyz:DRAM	61.019	0.0097	get 0.0012% / 1h	14m 36s	$79.0M	$35.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Extended. 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 ExtendedbpFee tradeXYZbpOrdersPrice spread, now +0.019%Rate

Funding earned: $7.02
Price spread: +0.019% → −0.012%: $3.08
Slippage, 4 orders: −$4.89
Fee Extended: 2.5 bp × 2 orders: −$5
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$17.79
Costs to cover: 0.279%
Break-even: 24.7 days

Slippage from Extended: live order book, 26 min ago; tradeXYZ: live order book, 5 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, 26 min ago	0.49 bp	3.4 bp −$3	7.0 bp −$70	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 5 min ago	0.16 bp	10.7 bp −$11	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	−0.0607%	8h	61.100	+0.151%	$26.1M	$14.7M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	61.056	+0.080%	$196K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.067	+0.097%	$9.4M	$10.3M	100x	as long as short
OKX DRAM-USDT-SWAP	0.0000%	8h	61.050	+0.070%	$5.4M	$5.9M	50x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.025	+0.029%	$423K	$351K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.100	+0.151%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.134	+0.207%	$36K	$203K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.040	+0.053%	$730	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.020	+0.020%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.050	+0.070%	$1.7M	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni DRAM	+0.0011%	8h	61.034	+0.044%	$2.3M	$683K	—	as long as short
Aftermath Perps DRAMUSD	+0.0030%	1h	61.066	+0.095%	$1K	$30K	5x	as long as short
edgeX DRAMUSDC	+0.0031%	4h	61.104	+0.158%	$148K	$299K	20x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.020	+0.020%	$994K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.050	+0.070%	$48K	$68K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.030	+0.037%	—	—	10x	as long as short
BloFin DRAM-USDT	+0.0048%	8h	61.050	+0.070%	$298K	$26K	20x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.025	+0.029%	$180K	$481K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.019	+0.019%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.045	+0.061%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.990	−0.029%	$1.1M	$3.5M	10x	as long as short
Extended DRAM-USDlong	+0.0064%	1h	61.008	long leg	$74K	$190K	10x
Binance DRAMUSDT	+0.0066%	8h	61.037	+0.048%	$43.7M	$88.0M	50x	as long as short
MEXC DRAM_USDT	+0.0067%	8h	61.020	+0.020%	$8.0M	$5.7M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0078%	1h	61.030	+0.037%	$13K	$3K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0085%	8h	61.016	+0.014%	—	—	5x	as long as short
tradeXYZ xyz:DRAMshort	+0.0097%	1h	61.019	+0.019%	$79.0M	$35.9M	20x
Pacifica DRAM	+0.0100%	1h	61.038	+0.051%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.000	−0.012%	$3.0M	$418K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.110	+0.168%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.030	+0.037%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.045	+0.061%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	+0.168%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0224%	1h	61.052	+0.073%	$1.1M	$1.2M	20x	as long as short