Funding you earn now, next payment 00:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.023%
Price spread now: Coinbase International against Pacifica−0.872%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.164%+$16 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Coinbase International is 0.872% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.872% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$87 on $10k: about 35 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica DRAM | 62.464 | 0.0100 | pay 0.0013% / 1h | 39m 02s | $76K | $40K | 10x |
| Short | Coinbase International DRAM-PERP-INTX | 61.920 | 0.0184 | get 0.0023% / 1h | 39m 02s | $535K | $95K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Pacifica. 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
- $17.64
- Price spread: −0.872% → 0.000%
- −$87.16
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$87.52
- Costs to cover
- 0.180%
- Break-even
- 41.7 days
Slippage unknown: Pacifica: no order-book sample; Coinbase International: live order book, 34 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 34 min ago | 3.23 bp | 9.0 bp −$9 | 12.4 bp −$124 | doesn't fit | doesn't fit |
Pacifica: 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 | 62.450 | −0.023% | $634 | $3.0M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.320 | −0.231% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.440 | −0.039% | $1.8M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0023% | 4h | 62.409 | −0.089% | $151K | $295K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0036% | 1h | 62.356 | −0.173% | $1K | $35K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.390 | −0.119% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.415 | −0.079% | $267K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.450 | −0.023% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.360 | −0.167% | $1.1M | $1.9M | 10x | as long as short |
| Pacifica DRAMlong | +0.0100% | 1h | 62.464 | long leg | $76K | $40K | 10x |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.380 | −0.135% | $3.0M | $442K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.430 | −0.055% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.480 | +0.025% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.459 | −0.009% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0152% | 1h | 62.450 | −0.023% | $971K | $1.2M | 20x | as long as short |
| QFEX DRAM-USD | +0.0160% | 1h | 62.430 | −0.055% | $1.0M | $78K | 10x | as long as short |
| Coinbase International DRAM-PERP-INTXshort | +0.0184% | 1h | 61.920 | −0.872% | $535K | $95K | 20x | |
| Paradex DRAM-USD-PERP | +0.0222% | 8h | 62.462 | −0.004% | — | — | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0223% | 8h | 62.470 | +0.009% | $5.5M | $4.7M | 50x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0231% | 1h | 62.420 | −0.071% | $13K | $3K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0323% | 1h | 62.427 | −0.060% | $81.8M | $39.2M | 20x | as long as short |
| Aster DRAMUSDT | +0.0374% | 8h | 62.370 | −0.152% | $201K | $36K | 20x | as long as short |
| Bitget DRAMUSDT | +0.0404% | 8h | 62.450 | −0.023% | $26.2M | $12.8M | 20x | as long as short |
| Bybit DRAMUSDT | +0.0423% | 8h | 62.480 | +0.025% | $9.6M | $10.5M | 100x | as long as short |
| Variational Omni DRAM | +0.0456% | 8h | 62.405 | −0.095% | $2.4M | $765K | — | as long as short |
| MEXC DRAM_USDT | +0.0502% | 8h | 62.430 | −0.055% | $10.1M | $6.7M | 100x | as long as short |
| Extended DRAM-USD | +0.0504% | 1h | 62.433 | −0.051% | $75K | $767K | 10x | as long as short |
| Binance DRAMUSDT | +0.0508% | 8h | 62.450 | −0.023% | $44.6M | $81.7M | 50x | as long as short |
| Entropy io:DRAM | +0.0532% | 1h | 62.351 | −0.182% | $254K | $462K | 25x | as long as short |
| Arcus DRAM-USD | +0.0606% | 1h | 62.380 | −0.135% | $51K | $83K | 10x | as long as short |
| Gate DRAM_USDT | +0.0668% | 8h | 62.460 | −0.007% | $8.3M | $3.4M | 75x | as long as short |
| BloFin DRAM-USDT | +0.0883% | 8h | 62.440 | −0.039% | $299K | $26K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0958% | 8h | 62.337 | −0.205% | $37K | $162K | 10x | as long as short |
| RISEx DRAM/USDC | +0.1096% | 1h | 62.448 | −0.026% | $455K | $491K | 20x | as long as short |
Pacifica DRAM
Coinbase International DRAM-PERP-INTX
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Lighter DRAM
Paradex DRAM-USD-PERP
OKX DRAM-USDT-SWAP
Deribit DRAM_USDC-PERPETUAL
tradeXYZ xyz:DRAM
Aster DRAMUSDT
Bitget DRAMUSDT
Bybit DRAMUSDT
Variational Omni DRAM
MEXC DRAM_USDT
Extended DRAM-USD
Binance DRAMUSDT
Gate DRAM_USDT
BloFin DRAM-USDT
GRVT DRAM_USDT_Perp
RISEx DRAM/USDC