Funding you earn now, next payment 08:00 UTC−0.0183%/8h= −20.1% APRpaid last 24h 0.000%
Price spread now: Aster against tradeXYZ+0.078%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$430.428% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.078%, 7d avg +0.041%
=Together, before fees−0.160%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.038% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of +0.041%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.118% in total) that is about 2.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.118% in total (about -6.2% a year). A funding rate is set anew for every payment. 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 | tradeXYZ xyz:DRAM | 60.836 | 0.0183 | pay 0.0023% / 1h | 12m 03s | $78.7M | $35.9M | 20x |
| Short | Aster DRAMUSDT | 60.884 | 0 | get 0.0000% / 8h | 12m 03s | $195K | $38K | 20x |
tradeXYZ xyz:DRAM
Aster DRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against tradeXYZ. 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
- −$38.47
- Price spread: +0.078% → +0.041%
- $3.75
- Slippage, 4 orders
- −$16.8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$77.51
- Costs to cover
- 0.428%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 8 min ago; Aster: live order book, 24 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 tradeXYZ live order book, 8 min ago | 0.08 bp | 9.1 bp −$9 | 9.2 bp −$92 | doesn't fit | doesn't fit |
| Sell Aster live order book, 24 min ago | 1.64 bp | 8.5 bp −$9 | 9.5 bp −$95 | 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 | −0.0763% | 8h | 60.910 | +0.122% | $26.6M | $15.2M | 20x | as long as short |
| Aster DRAMUSDTshort | 0.0000% | 8h | 60.884 | +0.078% | $195K | $38K | 20x | |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.866 | +0.050% | $421K | $340K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 60.900 | +0.105% | $8.0M | $3.8M | 75x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.876 | +0.065% | $2.3M | $589K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.890 | +0.089% | $36K | $208K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.860 | +0.039% | $698 | $2.6M | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | 0.0000% | 1h | 60.850 | +0.023% | $13K | $3K | 20x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.840 | +0.007% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.850 | +0.023% | $1.7M | $1.3M | 10x | as long as short |
Bitget DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
Variational Omni DRAM
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
Deribit DRAM_USDC-PERPETUAL
HTX DRAM-USDT
Phemex DRAMUSDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DRAM-USDT-SWAP | +0.0012% | 8h | 60.880 | +0.072% | $5.4M | $6.0M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0022% | 8h | 60.850 | +0.023% | $8.4M | $5.7M | 100x | as long as short |
| Binance DRAMUSDT | +0.0022% | 8h | 60.860 | +0.039% | $43.8M | $89.1M | 50x | as long as short |
| Extended DRAM-USD | +0.0024% | 1h | 60.845 | +0.015% | $74K | $198K | 10x | as long as short |
| Bybit DRAMUSDT | +0.0024% | 8h | 60.880 | +0.072% | $9.6M | $10.4M | 100x | as long as short |
| Aftermath Perps DRAMUSD | +0.0039% | 1h | 60.858 | +0.036% | $1K | $29K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.860 | +0.039% | $47K | $67K | 10x | as long as short |
| QFEX DRAM-USD | +0.0040% | 1h | 60.870 | +0.056% | $991K | $84K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.860 | +0.039% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.837 | +0.002% | $179K | $481K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.844 | +0.013% | $253K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.855 | +0.031% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.830 | −0.010% | $1.1M | $3.5M | 10x | as long as short |
| BloFin DRAM-USDT | +0.0052% | 8h | 60.890 | +0.089% | $298K | $26K | 20x | as long as short |
| edgeX DRAMUSDC | +0.0059% | 4h | 60.867 | +0.051% | $148K | $300K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0098% | 8h | 60.869 | +0.055% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.882 | +0.075% | $73K | $34K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.850 | +0.023% | $3.0M | $421K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.890 | +0.089% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.870 | +0.056% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.852 | +0.027% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0176% | 1h | 60.940 | +0.171% | $523K | $75K | 20x | as long as short |
| tradeXYZ xyz:DRAMlong | +0.0183% | 1h | 60.836 | long leg | $78.7M | $35.9M | 20x | |
| Lighter DRAM | +0.0368% | 1h | 60.869 | +0.054% | $1.1M | $1.2M | 20x | as long as short |
OKX DRAM-USDT-SWAP
MEXC DRAM_USDT
Binance DRAMUSDT
Extended DRAM-USD
Bybit DRAMUSDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
QFEX DRAM-USD
Vest DRAM-USD-PERP
Entropy io:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
BloFin DRAM-USDT
edgeX DRAMUSDC
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Coinbase International DRAM-PERP-INTX
Lighter DRAM