DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%

Price spread now: ApeX Omni against Ondo Perps−0.048%52s7-day average +0.120% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.086%+$9 on $10k

Price spread, last 3 days (all we have)+0.176%+$18 · spread now −0.048%, 7d avg +0.120%

Together, before fees+0.262%+ Points / potential airdropOndo Perps: Active · farm board+$26 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.169% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of +0.120%). If the spread goes back, that is −$17 on $10k: about 11 days of funding at the current rate (+$1 a day). The two prices were read 52 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	Ondo Perps DRAM-USD.P	62.160	0.0050	pay 0.0006% / 1h	53m 39s	$1.2M	$1.8M	10x
Short	ApeX Omni DRAMUSDT	62.130	0.0100	get 0.0013% / 1h	53m 39s	$22K	$186K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Ondo Perps. 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 Ondo PerpsbpFee ApeX OmnibpOrdersPrice spread, now −0.048%Rate

Funding earned: $10.42
Price spread: −0.048% → +0.120%: −$16.87
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$21.46
Costs to cover: 0.150%
Break-even: 21.4 days

Slippage unknown: Ondo Perps: no order-book sample; ApeX Omni: live order book, 17 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 17 min ago	30.67 bp	41.1 bp −$41	209.2 bp −$2,092	doesn't fit	doesn't fit

Ondo Perps: 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
SunX DRAM-USDT	0.0000%	8h	62.230	+0.113%	$839	$3.1M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.140	−0.032%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.220	+0.097%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0037%	4h	62.079	−0.131%	$150K	$295K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0039%	1h	62.071	−0.144%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.170	+0.016%	—	$601	10x	as long as short
Ondo Perps DRAM-USD.Plong	+0.0050%	1h	62.160	long leg	$1.2M	$1.8M	10x
SoDEX DRAM-USD	+0.0097%	1h	62.209	+0.079%	$2K	$15K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.154	−0.010%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.170	+0.016%	$3.0M	$457K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni DRAMUSDTshort	+0.0100%	1h	62.130	−0.048%	$22K	$186K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.240	+0.129%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.156	−0.007%	$4K	—	10x	as long as short
Lighter DRAM	+0.0152%	1h	62.203	+0.069%	$961K	$1.2M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.200	+0.064%	$1.0M	$79K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.386%	$535K	$95K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0196%	8h	62.220	+0.097%	$5.4M	$4.6M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0220%	8h	62.225	+0.104%	—	—	5x	as long as short
Bitget DRAMUSDT	+0.0221%	8h	62.220	+0.097%	$26.3M	$12.8M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0232%	1h	62.220	+0.097%	$13K	$3K	20x	as long as short
Gate DRAM_USDT	+0.0235%	8h	62.240	+0.129%	$8.3M	$3.3M	75x	as long as short
GRVT DRAM_USDT_Perp	+0.0244%	8h	62.108	−0.083%	$37K	$164K	10x	as long as short
Aster DRAMUSDT	+0.0325%	8h	62.164	+0.006%	$200K	$36K	20x	as long as short
Entropy io:DRAM	+0.0404%	1h	62.130	−0.048%	$254K	$475K	25x	as long as short
Variational Omni DRAM	+0.0410%	8h	62.157	−0.005%	$2.4M	$904K	—	as long as short
Polymarket Perps DRAM-USD	+0.0412%	1h	62.204	+0.071%	$266K	$1.3M	10x	as long as short
Extended DRAM-USD	+0.0456%	1h	62.220	+0.096%	$75K	$767K	10x	as long as short
MEXC DRAM_USDT	+0.0456%	8h	62.220	+0.097%	$10.5M	$6.6M	100x	as long as short
Binance DRAMUSDT	+0.0458%	8h	62.220	+0.097%	$44.3M	$82.4M	50x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.100	−0.097%	$51K	$86K	10x	as long as short
Bybit DRAMUSDT	+0.0684%	8h	62.280	+0.193%	$9.6M	$10.5M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0692%	1h	62.203	+0.069%	$81.4M	$39.2M	20x	as long as short
BloFin DRAM-USDT	+0.0760%	8h	62.200	+0.064%	$295K	$27K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.230	+0.113%	$454K	$478K	20x	as long as short