DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.08 per $10,000 · paid last 24h +0.014%

Price spread now: ApeX Omni against QFEX−0.113%56s7-day average +0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$990.989% of the position

Long on QFEX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.078%+$8 on $10k

Price spread, last 3 days (all we have)+0.160%+$16 · spread now −0.113%, 7d avg +0.013%

Together, before fees+0.238%+$24 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and ApeX Omni is 0.125% cheaper against QFEX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.013%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.078%, so the current rate has only just turned against you. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX DRAM-USD	62.200	0.0160	pay 0.0020% / 1h	54m 39s	$1.0M	$79K	10x
Short	ApeX Omni DRAMUSDT	62.130	0.0100	get 0.0013% / 1h	54m 39s	$22K	$186K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee QFEXbpFee ApeX OmnibpOrdersPrice spread, now −0.113%Rate

Funding earned: −$12.6
Price spread: −0.113% → +0.013%: −$12.5
Slippage, 4 orders: −$78.95
Fee QFEX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$124.05
Costs to cover: 0.989%
Break-even: never at this rate

Slippage from QFEX: live order book, 5 min ago; ApeX Omni: live order book, 16 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 QFEX live order book, 5 min ago	1.61 bp	6.6 bp −$7	6.6 bp −$66	14.8 bp −$1,479	doesn't fit
Sell ApeX Omni live order book, 16 min ago	30.67 bp	41.1 bp −$41	209.2 bp −$2,092	doesn't fit	doesn't fit

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	62.210	+0.016%	$944	$3.1M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.140	−0.096%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.200	0.000%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0037%	4h	62.079	−0.195%	$150K	$295K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0040%	1h	62.041	−0.255%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.160	−0.064%	—	$601	10x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.160	−0.064%	$1.2M	$1.8M	10x	as long as short
Pacifica DRAM	+0.0100%	1h	62.189	−0.018%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.160	−0.064%	$3.0M	$457K	20x	as long as short
ApeX Omni DRAMUSDTshort	+0.0100%	1h	62.130	−0.113%	$22K	$186K	50x

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.180	−0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.138	−0.099%	$4K	—	10x	as long as short
SoDEX DRAM-USD	+0.0129%	1h	62.193	−0.011%	$2K	$15K	20x	as long as short
QFEX DRAM-USDlong	+0.0160%	1h	62.200	long leg	$1.0M	$79K	10x
Lighter DRAM	+0.0168%	1h	62.208	+0.013%	$968K	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.450%	$535K	$95K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0196%	8h	62.230	+0.048%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0221%	8h	62.230	+0.048%	$26.3M	$12.8M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0223%	8h	62.263	+0.101%	—	—	5x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0233%	1h	62.190	−0.016%	$13K	$3K	20x	as long as short
Gate DRAM_USDT	+0.0235%	8h	62.240	+0.064%	$8.3M	$3.3M	75x	as long as short
GRVT DRAM_USDT_Perp	+0.0244%	8h	62.108	−0.147%	$37K	$164K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0288%	1h	62.125	−0.121%	$266K	$1.3M	10x	as long as short
Aster DRAMUSDT	+0.0323%	8h	62.176	−0.039%	$200K	$36K	20x	as long as short
Entropy io:DRAM	+0.0392%	1h	62.123	−0.124%	$254K	$475K	25x	as long as short
Variational Omni DRAM	+0.0410%	8h	62.157	−0.070%	$2.4M	$904K	—	as long as short
MEXC DRAM_USDT	+0.0454%	8h	62.230	+0.048%	$10.5M	$6.6M	100x	as long as short
Extended DRAM-USD	+0.0456%	1h	62.226	+0.043%	$75K	$767K	10x	as long as short
Binance DRAMUSDT	+0.0456%	8h	62.240	+0.064%	$44.3M	$82.3M	50x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.100	−0.161%	$51K	$86K	10x	as long as short
Bybit DRAMUSDT	+0.0749%	8h	62.290	+0.145%	$9.6M	$10.6M	100x	as long as short
BloFin DRAM-USDT	+0.0760%	8h	62.200	0.000%	$295K	$27K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0789%	1h	62.153	−0.076%	$81.3M	$39.2M	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.230	+0.048%	$454K	$478K	20x	as long as short