Funding you earn now, next payment 12:00 UTC−0.0019%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: QFEX against Ondo Perps+0.131%7-day average +0.060% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.046%−$5 on $10k
+Price spread, last 7 days+0.223%+$22 · spread now +0.131%, 7d avg +0.060%
=Together, before fees+0.177%+ Points / potential airdropOndo Perps: Active · farm board+$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.071% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.131% now, against its 7-day average of +0.060%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 4 days (−0.046% in total) that is about 6.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps DRAM-USD.P | 61.000 | 0.0050 | pay 0.0006% / 1h | 48m 25s | $1.1M | $3.7M | 10x |
| Short | QFEX DRAM-USD | 61.080 | 0.0032 | get 0.0004% / 1h | 48m 25s | $998K | $98K | 10x |
Ondo Perps DRAM-USD.P
QFEX DRAM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$3.93
- Price spread: +0.131% → +0.060%
- $7.07
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$11.86
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; QFEX: live order book, 5 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 QFEX live order book, 5 min ago | 2.45 bp | 7.5 bp −$7 | 7.5 bp −$75 | 11.5 bp −$1,149 | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit DRAMUSDT | 0.0000% | 8h | 61.138 | +0.226% | $9.5M | $11.2M | 100x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 61.107 | +0.176% | $459K | $368K | 20x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 61.120 | +0.197% | $26.7M | $17.0M | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.120 | +0.197% | $921 | $2.3M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.210 | +0.344% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.050 | +0.082% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0013% | 4h | 61.204 | +0.335% | $149K | $299K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0027% | 1h | 61.128 | +0.209% | $1K | $26K | 5x | as long as short |
| Gate DRAM_USDT | +0.0030% | 8h | 61.100 | +0.164% | $7.9M | $3.4M | 75x | as long as short |
| QFEX DRAM-USDshort | +0.0032% | 1h | 61.080 | +0.131% | $998K | $98K | 10x |
Bybit DRAMUSDT
RISEx DRAM/USDC
Bitget DRAMUSDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Gate DRAM_USDTShow all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter DRAM | +0.0032% | 1h | 61.094 | +0.154% | $1.1M | $1.4M | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.050 | +0.082% | $59K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.060 | +0.098% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 61.123 | +0.202% | $300K | $1.7M | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.060 | +0.098% | $254K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.086 | +0.141% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.Plong | +0.0050% | 1h | 61.000 | long leg | $1.1M | $3.7M | 10x | |
| Deribit DRAM_USDC-PERPETUAL | +0.0077% | 1h | 61.100 | +0.164% | $12K | $4K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.091 | +0.149% | $74K | $31K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.090 | +0.148% | $3.0M | $410K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.230 | +0.377% | $21K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.130 | +0.213% | $8K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0101% | 8h | 61.094 | +0.154% | — | — | 5x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.120 | +0.197% | $4K | — | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0121% | 1h | 61.079 | +0.130% | $79.2M | $38.6M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0166% | 8h | 61.100 | +0.164% | $5.4M | $6.4M | 50x | as long as short |
| Aster DRAMUSDT | +0.0171% | 8h | 61.142 | +0.233% | $195K | $28K | 20x | as long as short |
| Variational Omni DRAM | +0.0214% | 8h | 61.209 | +0.342% | $2.2M | $686K | — | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0216% | 1h | 61.140 | +0.230% | $536K | $91K | 20x | as long as short |
| Binance DRAMUSDT | +0.0262% | 8h | 61.120 | +0.197% | $44.1M | $98.8M | 50x | as long as short |
| Extended DRAM-USD | +0.0264% | 1h | 61.109 | +0.179% | $104K | $577K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0267% | 8h | 61.090 | +0.148% | $9.7M | $5.6M | 100x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0271% | 8h | 61.228 | +0.373% | $36K | $229K | 10x | as long as short |
| BloFin DRAM-USDT | +0.0674% | 8h | 61.090 | +0.148% | $306K | $27K | 20x | as long as short |
Lighter DRAM
Arcus DRAM-USD
Vest DRAM-USD-PERP
Entropy io:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Deribit DRAM_USDC-PERPETUAL
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Paradex DRAM-USD-PERP
Aevo DRAM-PERP
tradeXYZ xyz:DRAM
OKX DRAM-USDT-SWAP
Aster DRAMUSDT
Variational Omni DRAM
Coinbase International DRAM-PERP-INTX
Binance DRAMUSDT
Extended DRAM-USD
MEXC DRAM_USDT
GRVT DRAM_USDT_Perp
BloFin DRAM-USDT