Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.027%
Price spread now: ApeX Omni against RISEx+0.187%54s7-day average +0.014% · 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—prices read too far apart to compare
costs, in and out, $10k−$870.872% of the position
Funding, last 4 days (all we have)−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.187%, 7d avg +0.014%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.173% dearer against RISEx than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.014%. The two prices were read 54 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 | RISEx DRAM/USDC | 61.215 | 0 | get 0.0000% / 1h | 54m 13s | $424K | $419K | 20x |
| Short | ApeX Omni DRAMUSDT | 61.330 | 0.0100 | get 0.0013% / 1h | 54m 13s | $21K | $185K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against RISEx. 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
- Price spread: +0.187% → +0.014%
- $17.31
- Slippage, 4 orders
- −$71.24
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$48.93
- Costs to cover
- 0.872%
- Break-even
- 23.3 days
Slippage from RISEx: live order book, 54 min ago; ApeX Omni: live order book, 52 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 RISEx live order book, 54 min ago | 1.70 bp | 4.7 bp −$5 | 5.6 bp −$56 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 52 min ago | 27.58 bp | 38.6 bp −$39 | 199.9 bp −$1,999 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0435% | 8h | 61.240 | +0.040% | $26.0M | $14.5M | 20x | as long as short |
| Bybit DRAMUSDT | 0.0000% | 8h | 61.255 | +0.065% | $9.4M | $10.3M | 100x | as long as short |
| RISEx DRAM/USDClong | 0.0000% | 1h | 61.215 | long leg | $424K | $419K | 20x | |
| Gate DRAM_USDT | 0.0000% | 8h | 61.280 | +0.106% | $8.0M | $3.7M | 75x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.360 | +0.236% | $36K | $199K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.220 | +0.008% | $834 | $2.6M | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | 0.0000% | 1h | 61.200 | −0.025% | $13K | $3K | 20x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.240 | +0.040% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.240 | +0.040% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0028% | 1h | 61.309 | +0.152% | $1K | $31K | 5x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DRAM-USDT-SWAP | +0.0036% | 8h | 61.250 | +0.057% | $5.4M | $5.6M | 50x | as long as short |
| QFEX DRAM-USD | +0.0039% | 1h | 61.210 | −0.009% | $997K | $84K | 10x | as long as short |
| Aster DRAMUSDT | +0.0040% | 8h | 61.241 | +0.042% | $197K | $35K | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.290 | +0.122% | $48K | $69K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.210 | −0.009% | — | — | 10x | as long as short |
| edgeX DRAMUSDC | +0.0049% | 4h | 61.407 | +0.312% | $149K | $297K | 20x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 61.267 | +0.084% | $169K | $468K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.186 | −0.048% | $254K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.230 | +0.024% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.370 | +0.253% | $1.1M | $3.4M | 10x | as long as short |
| Lighter DRAM | +0.0056% | 1h | 61.249 | +0.055% | $1.1M | $1.1M | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0070% | 1h | 61.217 | +0.003% | $79.3M | $35.8M | 20x | as long as short |
| Variational Omni DRAM | +0.0091% | 8h | 61.274 | +0.096% | $2.3M | $682K | — | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.218 | +0.004% | $73K | $46K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.210 | −0.009% | $3.0M | $413K | 20x | as long as short |
| ApeX Omni DRAMUSDTshort | +0.0100% | 1h | 61.330 | +0.187% | $21K | $185K | 50x | |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.220 | +0.008% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.218 | +0.004% | $4K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0108% | 8h | 61.232 | +0.027% | — | — | 5x | as long as short |
| Binance DRAMUSDT | +0.0144% | 8h | 61.218 | +0.005% | $43.8M | $87.1M | 50x | as long as short |
| Extended DRAM-USD | +0.0144% | 1h | 61.199 | −0.027% | $74K | $190K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0146% | 8h | 61.210 | −0.009% | $8.0M | $5.6M | 100x | as long as short |
| BloFin DRAM-USDT | +0.0153% | 8h | 61.300 | +0.138% | $299K | $26K | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0160% | 1h | 61.110 | −0.172% | $525K | $75K | 20x | as long as short |
RISEx DRAM/USDC
ApeX Omni DRAMUSDT
Bitget DRAMUSDT
Bybit DRAMUSDT
Gate DRAM_USDT
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
Deribit DRAM_USDC-PERPETUAL
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
OKX DRAM-USDT-SWAP
Aster DRAMUSDT
edgeX DRAMUSDC
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Lighter DRAM
tradeXYZ xyz:DRAM
Variational Omni DRAM
Pacifica DRAM
KuCoin DRAMUSDTM
Paradex DRAM-USD-PERP
Binance DRAMUSDT
Extended DRAM-USD
MEXC DRAM_USDT
BloFin DRAM-USDT
Coinbase International DRAM-PERP-INTX