Funding you earn now, next payment 04:00 UTC+0.0333%/8h= +36.4% APRpaid last 24h +0.056%
Price spread now: MEXC against Ondo Perps−0.016%7-day average +0.096% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now −0.016%, 7d avg +0.096%
=Together, before fees+0.044%+ Points / potential airdropOndo Perps: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.112% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.096%). If the spread goes back, that is −$11 on $10k: about 27 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.060% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.060% in total (about 3.1% 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 | 62.450 | 0.0050 | pay 0.0006% / 1h | 19m 37s | $1.1M | $2.2M | 10x |
| Short | MEXC DRAM_USDT | 62.440 | 0.0383 | get 0.0383% / 8h | 4h 19m | $8.9M | $5.5M | 100x |
Ondo Perps DRAM-USD.P
MEXC DRAM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $69.85
- Price spread: −0.016% → +0.096%
- −$11.2
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $53.65
- Costs to cover
- 0.050%
- Break-even
- 1.6 days
Slippage unknown: Ondo Perps: no order-book sample; MEXC: 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 MEXC live order book, 3 min ago | 0.80 bp | 0.8 bp −$1 | 1.3 bp −$13 | 6.0 bp −$605 | 21.2 bp −$10.6K |
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 | 62.447 | −0.005% | $442K | $501K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.500 | +0.080% | $635 | $2.7M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.430 | −0.032% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.470 | +0.032% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0005% | 4h | 62.476 | +0.041% | $151K | $297K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0020% | 1h | 62.445 | −0.008% | $1K | $32K | 5x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0024% | 8h | 62.480 | +0.048% | $36K | $172K | 10x | as long as short |
| Lighter DRAM | +0.0032% | 1h | 62.440 | −0.016% | $971K | $1.0M | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.450 | 0.000% | $49K | $78K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.450 | 0.000% | — | — | 10x | as long as short |
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
GRVT DRAM_USDT_Perp
Lighter DRAM
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 | 62.454 | +0.006% | $267K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.465 | +0.024% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.Plong | +0.0050% | 1h | 62.450 | long leg | $1.1M | $2.2M | 10x | |
| QFEX DRAM-USD | +0.0052% | 1h | 62.490 | +0.064% | $1.0M | $78K | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0076% | 1h | 62.443 | −0.011% | $81.8M | $35.4M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0083% | 8h | 62.443 | −0.011% | — | — | 5x | as long as short |
| Bitget DRAMUSDT | +0.0096% | 8h | 62.440 | −0.016% | $26.3M | $13.3M | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.441 | −0.014% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.450 | 0.000% | $3.0M | $393K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.470 | +0.032% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.510 | +0.096% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.487 | +0.060% | $4K | — | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0107% | 8h | 62.480 | +0.048% | $5.5M | $4.5M | 50x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.330 | −0.192% | $535K | $75K | 20x | as long as short |
| Bybit DRAMUSDT | +0.0153% | 8h | 62.480 | +0.048% | $9.7M | $9.7M | 100x | as long as short |
| Entropy io:DRAM | +0.0160% | 1h | 62.457 | +0.011% | $184K | $441K | 25x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0230% | 1h | 62.480 | +0.048% | $13K | $3K | 20x | as long as short |
| Aster DRAMUSDT | +0.0268% | 8h | 62.468 | +0.028% | $201K | $35K | 20x | as long as short |
| Variational Omni DRAM | +0.0343% | 8h | 62.503 | +0.086% | $2.4M | $747K | — | as long as short |
| Binance DRAMUSDT | +0.0383% | 8h | 62.475 | +0.040% | $45.0M | $80.1M | 50x | as long as short |
| MEXC DRAM_USDTshort | +0.0383% | 8h | 62.440 | −0.016% | $8.9M | $5.5M | 100x | |
| Extended DRAM-USD | +0.0384% | 1h | 62.431 | −0.031% | $76K | $622K | 10x | as long as short |
| BloFin DRAM-USDT | +0.0447% | 8h | 62.520 | +0.112% | $302K | $26K | 20x | as long as short |
| Gate DRAM_USDT | +0.0637% | 8h | 62.490 | +0.064% | $8.2M | $3.5M | 75x | as long as short |
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
QFEX DRAM-USD
tradeXYZ xyz:DRAM
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
Bybit DRAMUSDT
Entropy io:DRAM
Deribit DRAM_USDC-PERPETUAL
Aster DRAMUSDT
Variational Omni DRAM
Binance DRAMUSDT
Extended DRAM-USD
BloFin DRAM-USDT
Gate DRAM_USDT