Funding you earn now, next payment 02:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.012%
Price spread now: QFEX against Pacifica+0.036%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. QFEX is 0.036% dearer against Pacifica than usual: you sell high and buy low (spread +0.036% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica DRAM | 62.208 | 0.0100 | pay 0.0013% / 1h | 24m 54s | $76K | $44K | 10x |
| Short | QFEX DRAM-USD | 62.230 | 0.0046 | get 0.0006% / 1h | 24m 54s | $1.0M | $78K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$11.32
- Price spread: +0.036% → 0.000%
- $3.61
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$25.72
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; QFEX: live order book, just now. 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 QFEX live order book, just now | 2.41 bp | 7.4 bp −$7 | 7.4 bp −$74 | 12.7 bp −$1,274 | 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 33 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 | 62.240 | +0.052% | $893 | $2.9M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.220 | +0.020% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.260 | +0.084% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0019% | 4h | 62.251 | +0.069% | $151K | $296K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0034% | 1h | 62.222 | +0.024% | $1K | $34K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.230 | +0.036% | $51K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.200 | −0.012% | — | — | 10x | as long as short |
| QFEX DRAM-USDshort | +0.0046% | 1h | 62.230 | +0.036% | $1.0M | $78K | 10x | |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.217 | +0.015% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.255 | +0.076% | $2K | $15K | 20x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.210 | +0.004% | $1.1M | $1.9M | 10x | as long as short |
| Entropy io:DRAM | +0.0056% | 1h | 62.196 | −0.019% | $253K | $435K | 25x | as long as short |
| Pacifica DRAMlong | +0.0100% | 1h | 62.208 | long leg | $76K | $44K | 10x | |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.230 | +0.036% | $3.0M | $405K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.190 | −0.028% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.270 | +0.100% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.272 | +0.104% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.130 | −0.125% | $534K | $93K | 20x | as long as short |
| Lighter DRAM | +0.0160% | 1h | 62.230 | +0.036% | $966K | $1.0M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0180% | 8h | 62.246 | +0.061% | — | — | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0228% | 8h | 62.260 | +0.084% | $5.5M | $4.5M | 50x | as long as short |
| tradeXYZ xyz:DRAM | +0.0235% | 1h | 62.220 | +0.020% | $81.9M | $37.0M | 20x | as long as short |
| Bitget DRAMUSDT | +0.0284% | 8h | 62.250 | +0.068% | $26.0M | $13.0M | 20x | as long as short |
| Bybit DRAMUSDT | +0.0346% | 8h | 62.280 | +0.116% | $9.6M | $10.1M | 100x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0393% | 1h | 62.220 | +0.020% | $13K | $3K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0427% | 8h | 62.258 | +0.080% | $37K | $154K | 10x | as long as short |
| Aster DRAMUSDT | +0.0468% | 8h | 62.258 | +0.080% | $200K | $36K | 20x | as long as short |
| Variational Omni DRAM | +0.0556% | 8h | 62.285 | +0.124% | $2.4M | $756K | — | as long as short |
| Gate DRAM_USDT | +0.0559% | 8h | 62.280 | +0.116% | $8.2M | $3.5M | 75x | as long as short |
| Extended DRAM-USD | +0.0592% | 1h | 62.231 | +0.038% | $75K | $669K | 10x | as long as short |
| Binance DRAMUSDT | +0.0594% | 8h | 62.250 | +0.068% | $44.7M | $82.1M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0594% | 8h | 62.240 | +0.052% | $9.7M | $5.9M | 100x | as long as short |
| RISEx DRAM/USDC | +0.0835% | 1h | 62.240 | +0.052% | $448K | $504K | 20x | as long as short |
Pacifica DRAM
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
Coinbase International DRAM-PERP-INTX
Lighter DRAM
Paradex DRAM-USD-PERP
OKX DRAM-USDT-SWAP
tradeXYZ xyz:DRAM
Bitget DRAMUSDT
Bybit DRAMUSDT
Deribit DRAM_USDC-PERPETUAL
GRVT DRAM_USDT_Perp
Aster DRAMUSDT
Variational Omni DRAM
Gate DRAM_USDT
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
RISEx DRAM/USDC