Funding you earn now, next payment 06:00 UTC−0.0165%/8h= −18.1% APRnext payment −$0.21 per $10,000 · paid last 24h +0.004%
Price spread now: Entropy against tradeXYZ+0.060%7-day average +0.039% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.060%, 7d avg +0.039%
=Together, before fees−0.022%+ Points / potential airdroptradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Entropy is 0.021% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of +0.039%): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:DRAM | 61.596 | 0.0231 | pay 0.0029% / 1h | 48m 01s | $80.0M | $35.6M | 20x |
| Short | Entropy io:DRAM | 61.633 | 0.0066 | get 0.0008% / 1h | 48m 01s | $170K | $466K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- −$34.68
- Price spread: +0.060% → +0.039%
- $2.08
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$68.6
- Costs to cover
- 0.360%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 12 min ago; Entropy: live order book, 27 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 tradeXYZ live order book, 12 min ago | 0.41 bp | 10.3 bp −$10 | 11.7 bp −$117 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 27 min ago | 2.11 bp | 13.5 bp −$13 | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx DRAM/USDC | 0.0000% | 1h | 61.658 | +0.101% | $434K | $501K | 20x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 61.640 | +0.071% | $26.0M | $13.9M | 20x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.731 | +0.218% | $36K | $191K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.670 | +0.120% | $685 | $2.6M | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | 0.0000% | 1h | 61.620 | +0.039% | $13K | $3K | 20x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.690 | +0.153% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.610 | +0.023% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0024% | 1h | 61.636 | +0.065% | $1K | $31K | 5x | as long as short |
| edgeX DRAMUSDC | +0.0030% | 4h | 61.687 | +0.148% | $149K | $298K | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.650 | +0.088% | $48K | $76K | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.620 | +0.039% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0050% | 1h | 61.660 | +0.104% | $1.0M | $84K | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.611 | +0.024% | $259K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.627 | +0.050% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.600 | +0.006% | $1.1M | $2.6M | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0056% | 8h | 61.630 | +0.055% | $5.4M | $4.7M | 50x | as long as short |
| Bybit DRAMUSDT | +0.0056% | 8h | 61.638 | +0.068% | $9.5M | $10.0M | 100x | as long as short |
| Entropy io:DRAMshort | +0.0066% | 1h | 61.633 | +0.060% | $170K | $466K | 25x | |
| Pacifica DRAM | +0.0100% | 1h | 61.637 | +0.066% | $74K | $49K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.620 | +0.039% | $3.0M | $402K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.710 | +0.185% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.640 | +0.071% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.631 | +0.057% | $4K | — | 10x | as long as short |
| Aster DRAMUSDT | +0.0105% | 8h | 61.618 | +0.035% | $198K | $35K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0112% | 8h | 61.658 | +0.101% | — | — | 5x | as long as short |
| Variational Omni DRAM | +0.0167% | 8h | 61.714 | +0.192% | $2.4M | $618K | — | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 61.510 | −0.140% | $528K | $74K | 20x | as long as short |
| Extended DRAM-USD | +0.0216% | 1h | 61.619 | +0.037% | $74K | $238K | 10x | as long as short |
| Binance DRAMUSDT | +0.0218% | 8h | 61.602 | +0.009% | $44.2M | $83.4M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0218% | 8h | 61.610 | +0.023% | $9.0M | $5.5M | 100x | as long as short |
| tradeXYZ xyz:DRAMlong | +0.0231% | 1h | 61.596 | long leg | $80.0M | $35.6M | 20x | |
| BloFin DRAM-USDT | +0.0234% | 8h | 61.710 | +0.185% | $300K | $26K | 20x | as long as short |
| Gate DRAM_USDT | +0.0246% | 8h | 61.680 | +0.136% | $8.1M | $3.6M | 75x | as long as short |
| Lighter DRAM | +0.0272% | 1h | 61.632 | +0.058% | $1.1M | $1.2M | 20x | as long as short |
tradeXYZ xyz:DRAM
RISEx DRAM/USDC
Bitget DRAMUSDT
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
Deribit DRAM_USDC-PERPETUAL
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
edgeX DRAMUSDC
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
OKX DRAM-USDT-SWAP
Bybit DRAMUSDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Aster DRAMUSDT
Paradex DRAM-USD-PERP
Variational Omni DRAM
Coinbase International DRAM-PERP-INTX
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
BloFin DRAM-USDT
Gate DRAM_USDT
Lighter DRAM