DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0600%/8h= −65.6% APRnext payment −$0.75 per $10,000 · paid last 24h −0.021%

Price spread now: Entropy against RISEx−0.095%7-day average −0.005% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on RISEx Short on Entropy

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.015%−$1 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.095%, 7d avg −0.005%

Together, before fees+0.005%+$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Entropy is 0.091% cheaper against RISEx than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.005%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.015% in total (about -1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.75 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	RISEx DRAM/USDC	62.325	0.1096	pay 0.0137% / 1h	30m 27s	$460K	$495K	20x
Short	Entropy io:DRAM	62.266	0.0497	get 0.0062% / 1h	30m 27s	$254K	$462K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Entropy against RISEx. 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 RISExbpFee EntropybpOrdersPrice spread, now −0.095%Rate

Funding earned: −$125.9
Price spread: −0.095% → −0.005%: −$9.07
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Entropy: 9 bp × 2 orders: −$18
Net: −$158.98
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 43 min ago; Entropy: live order book, 25 min ago. 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 RISEx live order book, 43 min ago	1.37 bp	4.4 bp −$4	5.4 bp −$54	doesn't fit	doesn't fit
Sell Entropy live order book, 25 min ago	2.25 bp	doesn't fit	doesn't fit	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	62.290	−0.057%	$771	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.320	−0.009%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.290	−0.057%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	62.293	−0.052%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.280	−0.073%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.304	−0.034%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.292	−0.054%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.270	−0.089%	$1.1M	$1.9M	10x	as long as short
edgeX DRAMUSDC	+0.0070%	4h	62.351	+0.041%	$151K	$296K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.339	+0.022%	$76K	$40K	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	62.300	−0.041%	$3.0M	$434K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.300	−0.041%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.300	−0.041%	$9K	—	10x	as long as short
Lighter DRAM	+0.0104%	1h	62.317	−0.014%	$964K	$1.2M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.294	−0.051%	$4K	—	10x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.320	−0.009%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.651%	$535K	$95K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0205%	8h	62.334	+0.014%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0225%	8h	62.350	+0.039%	$5.5M	$4.7M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0258%	1h	62.308	−0.028%	$81.8M	$39.4M	20x	as long as short
Aster DRAMUSDT	+0.0392%	8h	62.242	−0.134%	$200K	$36K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0393%	1h	62.280	−0.073%	$13K	$3K	20x	as long as short
Bybit DRAMUSDT	+0.0400%	8h	62.376	+0.081%	$9.6M	$10.5M	100x	as long as short
Bitget DRAMUSDT	+0.0450%	8h	62.340	+0.023%	$26.1M	$12.8M	20x	as long as short
Variational Omni DRAM	+0.0481%	8h	62.305	−0.032%	$2.4M	$751K	—	as long as short
Entropy io:DRAMshort	+0.0497%	1h	62.266	−0.095%	$254K	$462K	25x
MEXC DRAM_USDT	+0.0518%	8h	62.330	+0.007%	$9.7M	$6.7M	100x	as long as short
Extended DRAM-USD	+0.0520%	1h	62.321	−0.007%	$75K	$769K	10x	as long as short
Binance DRAMUSDT	+0.0524%	8h	62.334	+0.014%	$44.5M	$81.5M	50x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.290	−0.057%	$51K	$82K	10x	as long as short
Gate DRAM_USDT	+0.0660%	8h	62.340	+0.023%	$8.3M	$3.4M	75x	as long as short
GRVT DRAM_USDT_Perp	+0.0866%	8h	62.370	+0.071%	$37K	$157K	10x	as long as short
BloFin DRAM-USDT	+0.0891%	8h	62.320	−0.009%	$298K	$26K	20x	as long as short
RISEx DRAM/USDClong	+0.1096%	1h	62.325	long leg	$460K	$495K	20x