Funding you earn now, next payment 04:00 UTC+0.0115%/8h= +12.6% APRpaid last 24h +0.035%
Price spread now: Bybit against Ondo Perps+0.128%7-day average +0.114% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 7 days−0.173%−$17 · spread now +0.128%, 7d avg +0.114%
=Together, before fees−0.192%+ Points / potential airdropOndo Perps: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.114%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps DRAM-USD.P | 62.410 | 0.0050 | pay 0.0006% / 1h | 24m 56s | $1.1M | $2.2M | 10x |
| Short | Bybit DRAMUSDT | 62.490 | 0.0165 | get 0.0165% / 8h | 4h 24m | $9.8M | $9.7M | 100x |
Ondo Perps DRAM-USD.P
Bybit DRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $24.16
- Price spread: +0.128% → +0.114%
- $1.38
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $9.54
- Costs to cover
- 0.160%
- Break-even
- 4.2 days
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 0.80 bp | 8.0 bp −$8 | 12.2 bp −$122 | 113.6 bp −$11.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx DRAM/USDC | 0.0000% | 1h | 62.458 | +0.077% | $442K | $501K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.460 | +0.080% | $587 | $2.7M | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | 0.0000% | 1h | 62.440 | +0.048% | $13K | $3K | 20x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.400 | −0.016% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.460 | +0.080% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0021% | 1h | 62.415 | +0.008% | $1K | $32K | 5x | as long as short |
| Lighter DRAM | +0.0032% | 1h | 62.452 | +0.067% | $970K | $1.0M | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0037% | 8h | 62.460 | +0.081% | $37K | $171K | 10x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.430 | +0.032% | $49K | $78K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.430 | +0.032% | — | — | 10x | as long as short |
RISEx DRAM/USDC
SunX DRAM-USDT
Deribit DRAM_USDC-PERPETUAL
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Lighter DRAM
GRVT DRAM_USDT_Perp
Arcus DRAM-USD
Vest DRAM-USD-PERPShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.420 | +0.016% | $267K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.452 | +0.067% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.Plong | +0.0050% | 1h | 62.410 | long leg | $1.1M | $2.2M | 10x | |
| QFEX DRAM-USD | +0.0052% | 1h | 62.430 | +0.032% | $1.0M | $78K | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0063% | 1h | 62.436 | +0.042% | $81.8M | $35.4M | 20x | as long as short |
| edgeX DRAMUSDC | +0.0079% | 4h | 62.449 | +0.062% | $151K | $297K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0083% | 8h | 62.450 | +0.065% | — | — | 5x | as long as short |
| Bitget DRAMUSDT | +0.0094% | 8h | 62.460 | +0.080% | $26.3M | $13.1M | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.463 | +0.085% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.440 | +0.048% | $3.0M | $393K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.480 | +0.112% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.470 | +0.096% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.472 | +0.099% | $4K | — | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0113% | 8h | 62.470 | +0.096% | $5.5M | $4.5M | 50x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.330 | −0.128% | $535K | $75K | 20x | as long as short |
| Entropy io:DRAM | +0.0165% | 1h | 62.436 | +0.042% | $183K | $446K | 25x | as long as short |
| Bybit DRAMUSDTshort | +0.0165% | 8h | 62.490 | +0.128% | $9.8M | $9.7M | 100x | |
| Aster DRAMUSDT | +0.0281% | 8h | 62.448 | +0.061% | $201K | $35K | 20x | as long as short |
| Variational Omni DRAM | +0.0355% | 8h | 62.443 | +0.054% | $2.4M | $747K | — | as long as short |
| Extended DRAM-USD | +0.0392% | 1h | 62.457 | +0.075% | $76K | $622K | 10x | as long as short |
| Binance DRAMUSDT | +0.0393% | 8h | 62.470 | +0.096% | $45.0M | $80.0M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0398% | 8h | 62.460 | +0.080% | $8.9M | $5.5M | 100x | as long as short |
| BloFin DRAM-USDT | +0.0463% | 8h | 62.480 | +0.112% | $302K | $26K | 20x | as long as short |
| Gate DRAM_USDT | +0.0633% | 8h | 62.490 | +0.128% | $8.2M | $3.5M | 75x | as long as short |
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
QFEX DRAM-USD
tradeXYZ xyz:DRAM
edgeX DRAMUSDC
Paradex DRAM-USD-PERP
Bitget DRAMUSDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
OKX DRAM-USDT-SWAP
Coinbase International DRAM-PERP-INTX
Entropy io:DRAM
Aster DRAMUSDT
Variational Omni DRAM
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
BloFin DRAM-USDT
Gate DRAM_USDT