Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Phemex against SoDEX−0.008%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX DRAM-USD | 60.885 | 0.0050 | pay 0.0006% / 1h | 17m 13s | $2K | $15K | 20x |
| Short | Phemex DRAMUSDT | 60.880 | 0 | get 0.0000% / 8h | 17m 13s | $1.7M | $1.3M | 10x |
SoDEX DRAM-USD
Phemex DRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against SoDEX. 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
- −$10.5
- Price spread: −0.008% → 0.000%
- −$0.82
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$31.32
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Phemex: live order book, 1 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 1 min ago | 4.92 bp | 51.1 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0763% | 8h | 60.940 | +0.090% | $26.6M | $15.2M | 20x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.920 | +0.058% | $195K | $38K | 20x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.896 | +0.018% | $422K | $340K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 60.940 | +0.090% | $8.0M | $3.8M | 75x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.894 | +0.015% | $2.3M | $597K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.931 | +0.076% | $36K | $207K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.890 | +0.008% | $707 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.900 | +0.025% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDTshort | 0.0000% | 8h | 60.880 | −0.008% | $1.7M | $1.3M | 10x | |
| OKX DRAM-USDT-SWAP | +0.0013% | 8h | 60.910 | +0.041% | $5.4M | $6.0M | 50x | as long as short |
Bitget DRAMUSDT
Aster DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
Variational Omni DRAM
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
OKX DRAM-USDT-SWAPShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DRAMUSDT | +0.0023% | 8h | 60.937 | +0.085% | $9.6M | $10.4M | 100x | as long as short |
| Extended DRAM-USD | +0.0024% | 1h | 60.874 | −0.018% | $74K | $201K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0025% | 8h | 60.900 | +0.025% | $7.7M | $5.7M | 100x | as long as short |
| Binance DRAMUSDT | +0.0025% | 8h | 60.890 | +0.008% | $43.8M | $89.1M | 50x | as long as short |
| Aftermath Perps DRAMUSD | +0.0039% | 1h | 60.903 | +0.030% | $1K | $29K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.880 | −0.008% | $47K | $67K | 10x | as long as short |
| QFEX DRAM-USD | +0.0040% | 1h | 60.900 | +0.025% | $992K | $84K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.890 | +0.008% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.847 | −0.062% | $179K | $480K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.869 | −0.026% | $253K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USDlong | +0.0050% | 1h | 60.885 | long leg | $2K | $15K | 20x | |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.880 | −0.008% | $1.1M | $3.5M | 10x | as long as short |
| BloFin DRAM-USDT | +0.0057% | 8h | 60.920 | +0.057% | $299K | $26K | 20x | as long as short |
| edgeX DRAMUSDC | +0.0097% | 4h | 60.925 | +0.066% | $148K | $299K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.856 | −0.048% | $73K | $34K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.890 | +0.008% | $3.0M | $421K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.870 | −0.025% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.880 | −0.008% | $8K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0104% | 8h | 60.876 | −0.016% | — | — | 5x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.879 | −0.009% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0176% | 1h | 60.940 | +0.090% | $523K | $75K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0194% | 1h | 60.875 | −0.016% | $78.8M | $35.9M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0243% | 1h | 60.880 | −0.008% | $13K | $3K | 20x | as long as short |
| Lighter DRAM | +0.0368% | 1h | 60.913 | +0.046% | $1.1M | $1.2M | 20x | as long as short |
Bybit DRAMUSDT
Extended DRAM-USD
MEXC DRAM_USDT
Binance DRAMUSDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
QFEX DRAM-USD
Vest DRAM-USD-PERP
Entropy io:DRAM
Polymarket Perps DRAM-USD
Ondo Perps DRAM-USD.P
BloFin DRAM-USDT
edgeX DRAMUSDC
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Paradex DRAM-USD-PERP
Aevo DRAM-PERP
Coinbase International DRAM-PERP-INTX
tradeXYZ xyz:DRAM
Deribit DRAM_USDC-PERPETUAL
Lighter DRAM