Funding you earn now, next payment 08:00 UTC−0.0807%/8h= −88.4% APRpaid last 24h +0.005%
Price spread now: Bitget against Ondo Perps+0.197%50s7-day average +0.108% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 7 days0.000%$0 · spread now +0.197%, 7d avg +0.108%
=Together, before fees−0.011%+ Points / potential airdropOndo Perps: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.089% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.197% now, against its 7-day average of +0.108%): +$9 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.011% in total) that is about 57 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.011% in total (about -0.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps DRAM-USD.P | 60.950 | 0.0050 | pay 0.0006% / 1h | 41m 46s | $1.1M | $3.5M | 10x |
| Short | Bitget DRAMUSDT | 61.070 | −0.0757 | pay 0.0757% / 8h | 41m 46s | $26.4M | $15.0M | 20x |
Ondo Perps DRAM-USD.P
Bitget DRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$169.55
- Price spread: +0.197% → +0.108%
- $8.9
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$177.66
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 0.82 bp | 8.1 bp −$8 | 13.7 bp −$137 | 40.4 bp −$4,041 | 102.4 bp −$51.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDTshort | −0.0757% | 8h | 61.070 | +0.197% | $26.4M | $15.0M | 20x | |
| Aster DRAMUSDT | 0.0000% | 8h | 61.036 | +0.141% | $196K | $35K | 20x | as long as short |
| Bybit DRAMUSDT | 0.0000% | 8h | 61.088 | +0.226% | $9.5M | $10.3M | 100x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 61.007 | +0.094% | $422K | $344K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 61.090 | +0.230% | $8.0M | $3.7M | 75x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.983 | +0.054% | $2.3M | $582K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.949 | −0.002% | $36K | $205K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.030 | +0.131% | $630 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.950 | 0.000% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.040 | +0.148% | $1.7M | $1.3M | 10x | as long as short |
Aster DRAMUSDT
Bybit DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
Variational Omni DRAM
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DRAM-USDT-SWAP | +0.0007% | 8h | 61.050 | +0.164% | $5.4M | $6.0M | 50x | as long as short |
| Extended DRAM-USD | +0.0032% | 1h | 61.014 | +0.105% | $77K | $196K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0033% | 8h | 61.030 | +0.131% | $7.7M | $5.7M | 100x | as long as short |
| Aftermath Perps DRAMUSD | +0.0034% | 1h | 60.971 | +0.034% | $1K | $30K | 5x | as long as short |
| Binance DRAMUSDT | +0.0035% | 8h | 61.030 | +0.131% | $43.8M | $88.7M | 50x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.950 | 0.000% | $47K | $67K | 10x | as long as short |
| QFEX DRAM-USD | +0.0040% | 1h | 61.000 | +0.082% | $993K | $84K | 10x | as long as short |
| BloFin DRAM-USDT | +0.0040% | 8h | 61.040 | +0.148% | $298K | $26K | 20x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.980 | +0.049% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.946 | −0.007% | $179K | $481K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.992 | +0.069% | $253K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.010 | +0.098% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.Plong | +0.0050% | 1h | 60.950 | long leg | $1.1M | $3.5M | 10x | |
| edgeX DRAMUSDC | +0.0052% | 4h | 60.971 | +0.035% | $148K | $299K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0095% | 8h | 60.987 | +0.060% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.010 | +0.099% | $73K | $39K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.970 | +0.033% | $3.0M | $421K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.900 | −0.082% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.010 | +0.098% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.995 | +0.074% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0176% | 1h | 60.910 | −0.066% | $523K | $75K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0189% | 1h | 61.025 | +0.123% | $78.9M | $36.0M | 20x | as long as short |
| Lighter DRAM | +0.0368% | 1h | 61.061 | +0.182% | $1.1M | $1.2M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0570% | 1h | 61.000 | +0.082% | $13K | $3K | 20x | as long as short |
OKX DRAM-USDT-SWAP
Extended DRAM-USD
MEXC DRAM_USDT
Aftermath Perps DRAMUSD
Binance DRAMUSDT
Arcus DRAM-USD
QFEX DRAM-USD
BloFin DRAM-USDT
Vest DRAM-USD-PERP
Entropy io:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
edgeX DRAMUSDC
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Coinbase International DRAM-PERP-INTX
tradeXYZ xyz:DRAM
Lighter DRAM
Deribit DRAM_USDC-PERPETUAL