DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.07 per $10,000 · paid last 24h −0.060%

Price spread now: QFEX against RISEx−0.014%7-day average −0.005% · 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−$24as in the Price arb table

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

Long on RISEx Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.096%−$10 on $10k

Price spread, last 4 days (all we have)−0.028%−$3 · spread now −0.014%, 7d avg −0.005%

Together, before fees−0.124%−$12 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: +$2 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.096%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx DRAM/USDC	62.318	0	get 0.0000% / 1h	54m 08s	$448K	$505K	20x
Short	QFEX DRAM-USD	62.310	0.0055	get 0.0007% / 1h	54m 08s	$1.0M	$78K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.014%Rate

Funding earned: $11.47
Price spread: −0.014% → −0.005%: −$0.84
Slippage, 4 orders: −$7.55
Fee RISEx: 3 bp × 2 orders: −$6
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$12.91
Costs to cover: 0.235%
Break-even: 14.9 days

Slippage from RISEx: live order book, 9 min ago; QFEX: 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 RISEx live order book, 9 min ago	1.37 bp	4.4 bp −$4	5.2 bp −$52	doesn't fit	doesn't fit
Sell QFEX live order book, 5 min ago	2.41 bp	7.4 bp −$7	7.4 bp −$74	12.3 bp −$1,231	doesn't fit

DRAM on 33 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
RISEx DRAM/USDClong	0.0000%	1h	62.318	long leg	$448K	$505K	20x
SunX DRAM-USDT	0.0000%	8h	62.330	+0.019%	$619	$2.8M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.300	−0.030%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.320	+0.002%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0032%	1h	62.237	−0.130%	$1K	$33K	5x	as long as short
edgeX DRAMUSDC	+0.0037%	4h	62.309	−0.015%	$151K	$296K	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.270	−0.078%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.270	−0.078%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.300	−0.030%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.318	−0.001%	$2K	$15K	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.270	−0.078%	$1.2M	$1.9M	10x	as long as short
QFEX DRAM-USDshort	+0.0055%	1h	62.310	−0.014%	$1.0M	$78K	10x
Pacifica DRAM	+0.0100%	1h	62.340	+0.035%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.270	−0.078%	$3.0M	$404K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.340	+0.035%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.340	+0.035%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.349	+0.050%	$4K	—	10x	as long as short
Entropy io:DRAM	+0.0110%	1h	62.242	−0.123%	$253K	$421K	25x	as long as short
Bitget DRAMUSDT	+0.0126%	8h	62.340	+0.035%	$26.2M	$13.2M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0154%	8h	62.319	+0.001%	—	—	5x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.447%	$534K	$81K	20x	as long as short
Lighter DRAM	+0.0192%	1h	62.311	−0.012%	$968K	$1.0M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0214%	8h	62.330	+0.019%	$5.5M	$4.5M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0247%	8h	62.320	+0.002%	$37K	$155K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0274%	1h	62.283	−0.057%	$82.2M	$36.9M	20x	as long as short
Bybit DRAMUSDT	+0.0289%	8h	62.360	+0.067%	$9.7M	$10.0M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0392%	1h	62.300	−0.030%	$13K	$3K	20x	as long as short
Aster DRAMUSDT	+0.0434%	8h	62.348	+0.047%	$201K	$36K	20x	as long as short
Gate DRAM_USDT	+0.0515%	8h	62.370	+0.083%	$8.2M	$3.5M	75x	as long as short
Variational Omni DRAM	+0.0519%	8h	62.285	−0.054%	$2.4M	$710K	—	as long as short
Binance DRAMUSDT	+0.0557%	8h	62.330	+0.019%	$44.7M	$81.5M	50x	as long as short
MEXC DRAM_USDT	+0.0557%	8h	62.320	+0.002%	$9.7M	$5.5M	100x	as long as short
Extended DRAM-USD	+0.0560%	1h	62.313	−0.009%	$75K	$669K	10x	as long as short