Funding you earn now, next payment 09:00 UTC+0.0039%/8h= +4.3% APRpaid last 24h +0.024%
Price spread now: Aftermath Perps against Phemex+0.055%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aftermath Perps is 0.055% dearer against Phemex than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex DRAMUSDT | 60.640 | 0 | get 0.0000% / 8h | 7h 53m | $1.7M | $1.3M | 10x |
| Short | Aftermath Perps DRAMUSD | 60.673 | 0.0039 | get 0.0005% / 1h | 53m 16s | $1K | $29K | 5x |
Phemex DRAMUSDT
Aftermath Perps DRAMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Phemex. 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
- $8.23
- Price spread: +0.055% → 0.000%
- $5.52
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$7.25
- Costs to cover
- 0.210%
- Break-even
- 13.2 days
Slippage unknown: Phemex: live order book, 5 min ago; Aftermath Perps: no order-book sample. 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 Phemex live order book, 5 min ago | 3.29 bp | 64.8 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0743% | 8h | 60.640 | 0.000% | $26.4M | $15.3M | 20x | as long as short |
| Entropy io:DRAM | −0.0382% | 1h | 60.632 | −0.013% | $180K | $464K | 25x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.651 | +0.019% | $194K | $39K | 20x | as long as short |
| Extended DRAM-USD | 0.0000% | 1h | 60.624 | −0.026% | $76K | $218K | 10x | as long as short |
| Binance DRAMUSDT | 0.0000% | 8h | 60.640 | 0.000% | $43.7M | $89.3M | 50x | as long as short |
| Bybit DRAMUSDT | 0.0000% | 8h | 60.635 | −0.008% | $9.6M | $10.4M | 100x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.610 | −0.049% | $419K | $339K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 60.640 | 0.000% | $7.9M | $3.6M | 75x | as long as short |
| MEXC DRAM_USDT | 0.0000% | 8h | 60.620 | −0.033% | $8.4M | $5.4M | 100x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.745 | +0.173% | $2.3M | $584K | — | as long as short |
Bitget DRAMUSDT
Entropy io:DRAM
Aster DRAMUSDT
Extended DRAM-USD
Binance DRAMUSDT
Bybit DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
MEXC DRAM_USDT
Variational Omni DRAMShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.641 | +0.001% | $35K | $209K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.640 | 0.000% | $959 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.680 | +0.066% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDTlong | 0.0000% | 8h | 60.640 | long leg | $1.7M | $1.3M | 10x | |
| OKX DRAM-USDT-SWAP | +0.0008% | 8h | 60.650 | +0.016% | $5.4M | $6.1M | 50x | as long as short |
| edgeX DRAMUSDC | +0.0014% | 4h | 60.656 | +0.026% | $147K | $298K | 20x | as long as short |
| BloFin DRAM-USDT | +0.0034% | 8h | 60.630 | −0.016% | $298K | $25K | 20x | as long as short |
| Aftermath Perps DRAMUSDshort | +0.0039% | 1h | 60.673 | +0.055% | $1K | $29K | 5x | |
| Arcus DRAM-USD | +0.0040% | 1h | 60.590 | −0.082% | $47K | $67K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.630 | −0.016% | — | — | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0050% | 1h | 60.602 | −0.063% | $78.5M | $34.6M | 20x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.560 | −0.132% | $252K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.576 | −0.106% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.540 | −0.165% | $1.1M | $3.5M | 10x | as long as short |
| QFEX DRAM-USD | +0.0053% | 1h | 60.570 | −0.115% | $987K | $84K | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0096% | 8h | 60.562 | −0.129% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.581 | −0.098% | $73K | $34K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.610 | −0.049% | $3.0M | $405K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.600 | −0.066% | $21K | $182K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.640 | 0.000% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.633 | −0.012% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0208% | 1h | 60.637 | −0.005% | $1.1M | $1.2M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0245% | 1h | 60.600 | −0.066% | $12K | $3K | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0248% | 1h | 60.700 | +0.099% | $533K | $87K | 20x | as long as short |
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
OKX DRAM-USDT-SWAP
edgeX DRAMUSDC
BloFin DRAM-USDT
Arcus DRAM-USD
Vest DRAM-USD-PERP
tradeXYZ xyz:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
QFEX DRAM-USD
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Lighter DRAM
Deribit DRAM_USDC-PERPETUAL
Coinbase International DRAM-PERP-INTX