DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0936%/8h= +102.5% APRnext payment +$1.17 per $10,000 · paid last 24h +0.063%

Price spread now: RISEx against QFEX+0.019%7-day average +0.005% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$240.235% of the position

Long on QFEX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.085%+$8 on $10k

Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.019%, 7d avg +0.005%

Together, before fees+0.102%+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: +$28 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.085% in total (about 8.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.17 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX DRAM-USD	62.470	0.0160	pay 0.0020% / 1h	3m 57s	$1.0M	$78K	10x
Short	RISEx DRAM/USDC	62.482	0.1096	get 0.0137% / 1h	3m 57s	$456K	$499K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.019%Rate

Funding earned: $196.65
Price spread: +0.019% → +0.005%: $1.44
Slippage, 4 orders: −$7.52
Fee QFEX: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: $174.56
Costs to cover: 0.235%
Break-even: 0.8 days

Slippage from QFEX: live order book, 6 min ago; RISEx: live order book, 5 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, 6 min ago	2.40 bp	7.4 bp −$7	8.7 bp −$87	16.7 bp −$1,669	doesn't fit
Sell RISEx live order book, 5 min ago	1.36 bp	4.4 bp −$4	5.7 bp −$57	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	62.490	+0.032%	$767	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.450	−0.032%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.460	−0.016%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.460	−0.016%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.430	−0.064%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.463	−0.011%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.455	−0.024%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.400	−0.112%	$1.2M	$1.9M	10x	as long as short
edgeX DRAMUSDC	+0.0069%	4h	62.481	+0.018%	$151K	$296K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.501	+0.049%	$76K	$41K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DRAMUSDTM	+0.0100%	8h	62.450	−0.032%	$3.0M	$420K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.370	−0.160%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.510	+0.064%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.501	+0.050%	$4K	—	10x	as long as short
Lighter DRAM	+0.0120%	1h	62.454	−0.026%	$972K	$1.3M	20x	as long as short
QFEX DRAM-USDlong	+0.0160%	1h	62.470	long leg	$1.0M	$78K	10x
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.390	−0.128%	$540K	$91K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0226%	1h	62.440	−0.048%	$82.2M	$37.6M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0230%	1h	62.470	0.000%	$13K	$3K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0243%	8h	62.502	+0.051%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0249%	8h	62.490	+0.032%	$5.5M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0480%	8h	62.510	+0.064%	$9.6M	$10.4M	100x	as long as short
Aster DRAMUSDT	+0.0503%	8h	62.373	−0.155%	$201K	$36K	20x	as long as short
Entropy io:DRAM	+0.0520%	1h	62.381	−0.142%	$255K	$448K	25x	as long as short
Variational Omni DRAM	+0.0585%	8h	62.483	+0.022%	$2.4M	$749K	—	as long as short
Bitget DRAMUSDT	+0.0596%	8h	62.460	−0.016%	$26.1M	$12.8M	20x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.460	−0.016%	$51K	$82K	10x	as long as short
MEXC DRAM_USDT	+0.0624%	8h	62.450	−0.032%	$9.7M	$6.7M	100x	as long as short
Binance DRAMUSDT	+0.0629%	8h	62.460	−0.016%	$45.0M	$81.9M	50x	as long as short
Extended DRAM-USD	+0.0632%	1h	62.447	−0.038%	$76K	$665K	10x	as long as short
Gate DRAM_USDT	+0.0843%	8h	62.500	+0.048%	$8.3M	$3.5M	75x	as long as short
BloFin DRAM-USDT	+0.0980%	8h	62.500	+0.048%	$298K	$26K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.1049%	8h	62.448	−0.035%	$37K	$153K	10x	as long as short
RISEx DRAM/USDCshort	+0.1096%	1h	62.482	+0.019%	$456K	$499K	20x