Funding you earn now, next payment 08:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.40 per $10,000 · paid last 24h −0.015%
Price spread now: Orderly against OKX−0.113%50s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Orderly is 0.113% cheaper against OKX than usual: you would sell low and buy high (spread −0.113% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 9.3 days of funding at the current rate (+$1 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DRAM-USDT-SWAP | 61.770 | 0.0060 | pay 0.0060% / 8h | 2h 52m | $5.5M | $4.7M | 50x |
| Short | Orderly PERP_DRAM_USDC_mythos | 61.700 | 0.0100 | get 0.0100% / 8h | 2h 52m | $8K | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against OKX. 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
- $8.5
- Price spread: −0.113% → 0.000%
- −$11.33
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$18.84
- Costs to cover
- 0.160%
- Break-even
- 22.5 days
Slippage unknown: OKX: live order book, 5 min ago; Orderly: 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 OKX live order book, 5 min ago | 0.81 bp | 7.8 bp −$8 | 15.2 bp −$152 | 101.2 bp −$10.1K | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 61.740 | −0.048% | $434K | $501K | 20x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 61.730 | −0.065% | $26.1M | $13.9M | 20x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.610 | −0.259% | $37K | $189K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.710 | −0.097% | $919 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.670 | −0.162% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.710 | −0.097% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0018% | 4h | 61.622 | −0.239% | $149K | $298K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0024% | 1h | 61.589 | −0.293% | $1K | $31K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.630 | −0.227% | $48K | $76K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.670 | −0.162% | — | — | 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-USD | +0.0050% | 1h | 61.740 | −0.049% | $1.0M | $84K | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.684 | −0.139% | $259K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.703 | −0.108% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.700 | −0.113% | $1.1M | $2.6M | 10x | as long as short |
| OKX DRAM-USDT-SWAPlong | +0.0060% | 8h | 61.770 | long leg | $5.5M | $4.7M | 50x | |
| Bybit DRAMUSDT | +0.0062% | 8h | 61.767 | −0.005% | $9.5M | $10.0M | 100x | as long as short |
| Entropy io:DRAM | +0.0093% | 1h | 61.640 | −0.210% | $170K | $465K | 25x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.695 | −0.121% | $74K | $49K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.700 | −0.113% | $3.0M | $401K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.680 | −0.146% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythosshort | +0.0100% | 8h | 61.700 | −0.113% | $8K | — | 10x | |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.706 | −0.104% | $4K | — | 10x | as long as short |
| Aster DRAMUSDT | +0.0111% | 8h | 61.729 | −0.067% | $199K | $35K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0113% | 8h | 61.727 | −0.069% | — | — | 5x | as long as short |
| Variational Omni DRAM | +0.0175% | 8h | 61.664 | −0.171% | $2.4M | $618K | — | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 61.510 | −0.421% | $528K | $74K | 20x | as long as short |
| Binance DRAMUSDT | +0.0224% | 8h | 61.744 | −0.043% | $44.2M | $83.2M | 50x | as long as short |
| Extended DRAM-USD | +0.0224% | 1h | 61.728 | −0.068% | $74K | $238K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0224% | 8h | 61.750 | −0.032% | $9.0M | $5.5M | 100x | as long as short |
| BloFin DRAM-USDT | +0.0227% | 8h | 61.720 | −0.081% | $300K | $26K | 20x | as long as short |
| Lighter DRAM | +0.0248% | 1h | 61.739 | −0.050% | $1.1M | $1.2M | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0256% | 1h | 61.719 | −0.083% | $80.2M | $35.5M | 20x | as long as short |
| Gate DRAM_USDT | +0.0265% | 8h | 61.770 | 0.000% | $8.1M | $3.6M | 75x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0399% | 1h | 61.700 | −0.113% | $13K | $3K | 20x | as long as short |
OKX DRAM-USDT-SWAP
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
Bybit DRAMUSDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Aster DRAMUSDT
Paradex DRAM-USD-PERP
Variational Omni DRAM
Coinbase International DRAM-PERP-INTX
Binance DRAMUSDT
Extended DRAM-USD
MEXC DRAM_USDT
BloFin DRAM-USDT
Lighter DRAM
tradeXYZ xyz:DRAM
Gate DRAM_USDT
Deribit DRAM_USDC-PERPETUAL