Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −11.0% APRpaid last 24h —
Price spread now: Entropy against Paradex−0.086%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—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Entropy is 0.086% cheaper against Paradex than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex DRAM-USD-PERP | 62.158 | 0.0150 | pay 0.0150% / 8h | 6h 03m | — | — | 5x |
| Short | Entropy io:DRAM | 62.104 | 0.0050 | get 0.0006% / 1h | 3m 57s | $253K | $426K | 25x |
Paradex DRAM-USD-PERP
Entropy io:DRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Paradex. 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
- −$21.07
- Price spread: −0.086% → 0.000%
- −$8.62
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$51.7
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Entropy: live order book, 41 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Entropy live order book, 41 min ago | 3.21 bp | 17.7 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
Paradex: 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 | 62.190 | +0.052% | $657 | $2.8M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.150 | −0.012% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.200 | +0.068% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0032% | 1h | 62.111 | −0.075% | $1K | $34K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.120 | −0.060% | $51K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.130 | −0.044% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0046% | 1h | 62.170 | +0.020% | $1.0M | $78K | 10x | as long as short |
| Entropy io:DRAMshort | +0.0050% | 1h | 62.104 | −0.086% | $253K | $426K | 25x | |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.168 | +0.017% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.191 | +0.054% | $2K | $15K | 20x | as long as short |
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
Vest DRAM-USD-PERP
QFEX DRAM-USD
Polymarket Perps DRAM-USD
SoDEX DRAM-USDShow 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 | 62.100 | −0.093% | $1.2M | $1.9M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0082% | 4h | 62.132 | −0.041% | $150K | $297K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.129 | −0.046% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.170 | +0.020% | $3.0M | $402K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.200 | +0.068% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.200 | +0.068% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.200 | +0.068% | $4K | — | 10x | as long as short |
| Bitget DRAMUSDT | +0.0119% | 8h | 62.210 | +0.084% | $26.1M | $13.1M | 20x | as long as short |
| Paradex DRAM-USD-PERPlong | +0.0150% | 8h | 62.158 | long leg | — | — | 5x | |
| Lighter DRAM | +0.0152% | 1h | 62.186 | +0.046% | $967K | $1.0M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.040 | −0.189% | $534K | $81K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0206% | 1h | 62.191 | +0.054% | $82.0M | $37.0M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0213% | 8h | 62.230 | +0.116% | $5.5M | $4.5M | 50x | as long as short |
| Bybit DRAMUSDT | +0.0256% | 8h | 62.250 | +0.149% | $9.6M | $10.1M | 100x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0269% | 8h | 61.999 | −0.255% | $37K | $154K | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0394% | 1h | 62.160 | +0.004% | $13K | $3K | 20x | as long as short |
| Aster DRAMUSDT | +0.0438% | 8h | 62.245 | +0.141% | $200K | $36K | 20x | as long as short |
| Gate DRAM_USDT | +0.0489% | 8h | 62.240 | +0.133% | $8.1M | $3.5M | 75x | as long as short |
| Variational Omni DRAM | +0.0526% | 8h | 62.174 | +0.027% | $2.4M | $709K | — | as long as short |
| Binance DRAMUSDT | +0.0564% | 8h | 62.220 | +0.100% | $44.6M | $81.7M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0565% | 8h | 62.220 | +0.100% | $9.6M | $5.9M | 100x | as long as short |
| Extended DRAM-USD | +0.0568% | 1h | 62.215 | +0.092% | $75K | $665K | 10x | as long as short |
| RISEx DRAM/USDC | +0.0835% | 1h | 62.182 | +0.040% | $447K | $505K | 20x | as long as short |
Ondo Perps DRAM-USD.P
edgeX DRAMUSDC
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Bitget DRAMUSDT
Lighter DRAM
Coinbase International DRAM-PERP-INTX
tradeXYZ xyz:DRAM
OKX DRAM-USDT-SWAP
Bybit DRAMUSDT
GRVT DRAM_USDT_Perp
Deribit DRAM_USDC-PERPETUAL
Aster DRAMUSDT
Gate DRAM_USDT
Variational Omni DRAM
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
RISEx DRAM/USDC