Funding you earn now, next payment 10:00 UTC+0.0224%/8h= +24.5% APRpaid last 24h +0.050%
Price spread now: Extended against Phemex−0.015%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1231.233% of the position
Funding, last 7 days+0.185%+$19 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.015%, 7d avg −0.033%
=Together, before fees+0.224%+ Points / potential airdropExtended: Active · farm board+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex DRAMUSDT | 60.910 | 0 | get 0.0000% / 8h | 6h 19m | $1.7M | $1.3M | 10x |
| Short | Extended DRAM-USD | 60.901 | 0.0224 | get 0.0028% / 1h | 19m 37s | $99K | $298K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $47.04
- Price spread: −0.015% → −0.033%
- $1.86
- Slippage, 4 orders
- −$106.31
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$74.4
- Costs to cover
- 1.233%
- Break-even
- 18.1 days
Slippage from Phemex: live order book, 2 min ago; Extended: live order book, 30 min ago.
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, 2 min ago | 4.92 bp | 56.6 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 30 min ago | 0.90 bp | 3.7 bp −$4 | 7.1 bp −$71 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0056% | 8h | 60.930 | +0.033% | $26.6M | $15.9M | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.930 | +0.033% | $568 | $2.4M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.900 | −0.016% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDTlong | 0.0000% | 8h | 60.910 | long leg | $1.7M | $1.3M | 10x | |
| Bybit DRAMUSDT | +0.0011% | 8h | 60.940 | +0.049% | $9.5M | $10.9M | 100x | as long as short |
| Aftermath Perps DRAMUSD | +0.0036% | 1h | 60.905 | −0.009% | $1K | $28K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.860 | −0.082% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0048% | 1h | 60.900 | −0.016% | $993K | $97K | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.924 | +0.023% | $452K | $1.6M | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.898 | −0.020% | $253K | $1.3M | 10x | as long as short |
Show all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX DRAM-USD | +0.0050% | 1h | 60.920 | +0.016% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.870 | −0.066% | $1.1M | $3.5M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0086% | 4h | 60.929 | +0.032% | $148K | $299K | 20x | as long as short |
| Lighter DRAM | +0.0096% | 1h | 60.899 | −0.018% | $1.1M | $1.4M | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.870 | −0.066% | $73K | $30K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.870 | −0.066% | $3.0M | $413K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.960 | +0.082% | $21K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.920 | +0.016% | $8K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0102% | 8h | 60.910 | 0.000% | — | — | 5x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.917 | +0.012% | $4K | — | 10x | as long as short |
| RISEx DRAM/USDC | +0.0107% | 1h | 60.914 | +0.007% | $461K | $369K | 20x | as long as short |
| Aster DRAMUSDT | +0.0130% | 8h | 60.881 | −0.048% | $194K | $28K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0133% | 8h | 60.920 | +0.016% | $5.5M | $6.5M | 50x | as long as short |
| Gate DRAM_USDT | +0.0139% | 8h | 60.940 | +0.049% | $7.9M | $3.7M | 75x | as long as short |
| tradeXYZ xyz:DRAM | +0.0154% | 1h | 60.905 | −0.008% | $79.1M | $37.1M | 20x | as long as short |
| Variational Omni DRAM | +0.0167% | 8h | 60.923 | +0.021% | $2.2M | $666K | — | as long as short |
| MEXC DRAM_USDT | +0.0221% | 8h | 60.910 | 0.000% | $8.8M | $5.5M | 100x | as long as short |
| Binance DRAMUSDT | +0.0223% | 8h | 60.920 | +0.016% | $44.3M | $94.3M | 50x | as long as short |
| Extended DRAM-USDshort | +0.0224% | 1h | 60.901 | −0.015% | $99K | $298K | 10x | |
| Deribit DRAM_USDC-PERPETUAL | +0.0243% | 1h | 60.910 | 0.000% | $13K | $3K | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0280% | 1h | 60.850 | −0.099% | $533K | $87K | 20x | as long as short |
| BloFin DRAM-USDT | +0.0518% | 8h | 60.940 | +0.049% | $305K | $26K | 20x | as long as short |
| Arcus DRAM-USD | +0.0540% | 1h | 60.870 | −0.066% | $60K | $76K | 10x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0743% | 8h | 60.932 | +0.036% | $36K | $214K | 10x | as long as short |
Phemex DRAMUSDT
Extended DRAM-USD
Bitget DRAMUSDT
SunX DRAM-USDT
HTX DRAM-USDT
Bybit DRAMUSDT
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
edgeX DRAMUSDC
Lighter DRAM
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Paradex DRAM-USD-PERP
RISEx DRAM/USDC
Aster DRAMUSDT
OKX DRAM-USDT-SWAP
Gate DRAM_USDT
tradeXYZ xyz:DRAM
Variational Omni DRAM
MEXC DRAM_USDT
Binance DRAMUSDT
Deribit DRAM_USDC-PERPETUAL
Coinbase International DRAM-PERP-INTX
BloFin DRAM-USDT
GRVT DRAM_USDT_Perp