Funding you earn now, next payment 08:00 UTC−0.0165%/8h= −18.0% APRnext payment −$0.21 per $10,000 · paid last 24h +0.013%
Price spread now: Extended against tradeXYZ+0.026%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$280.280% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.026%, 7d avg +0.012%
=Together, before fees−0.021%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:DRAM | 60.839 | 0.0181 | pay 0.0023% / 1h | 5m 07s | $78.7M | $35.7M | 20x |
| Short | Extended DRAM-USD | 60.855 | 0.0016 | get 0.0002% / 1h | 5m 07s | $74K | $198K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$34.61
- Price spread: +0.026% → +0.012%
- $1.45
- Slippage, 4 orders
- −$4.96
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$61.11
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; Extended: live order book, 31 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, 5 min ago | 0.16 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 31 min ago | 0.41 bp | 3.4 bp −$3 | 7.1 bp −$71 | 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 | −0.0764% | 8h | 60.910 | +0.117% | $26.6M | $15.1M | 20x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.872 | +0.055% | $195K | $38K | 20x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.856 | +0.028% | $421K | $339K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 60.910 | +0.117% | $8.0M | $3.8M | 75x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.867 | +0.046% | $2.3M | $589K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.888 | +0.081% | $36K | $209K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.870 | +0.051% | $796 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.840 | +0.002% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.860 | +0.035% | $1.7M | $1.3M | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0011% | 8h | 60.880 | +0.067% | $5.4M | $6.0M | 50x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DRAMUSDT | +0.0013% | 8h | 60.860 | +0.035% | $43.8M | $89.0M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0014% | 8h | 60.860 | +0.035% | $8.4M | $5.7M | 100x | as long as short |
| Extended DRAM-USDshort | +0.0016% | 1h | 60.855 | +0.026% | $74K | $198K | 10x | |
| Bybit DRAMUSDT | +0.0022% | 8h | 60.891 | +0.085% | $9.6M | $10.4M | 100x | as long as short |
| Aftermath Perps DRAMUSD | +0.0038% | 1h | 60.864 | +0.041% | $1K | $29K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.840 | +0.002% | $47K | $67K | 10x | as long as short |
| QFEX DRAM-USD | +0.0040% | 1h | 60.870 | +0.051% | $991K | $84K | 10x | as long as short |
| BloFin DRAM-USDT | +0.0043% | 8h | 60.890 | +0.084% | $298K | $26K | 20x | as long as short |
| edgeX DRAMUSDC | +0.0045% | 4h | 60.863 | +0.040% | $148K | $299K | 20x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.840 | +0.002% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.829 | −0.016% | $179K | $479K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.848 | +0.015% | $253K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.861 | +0.036% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.820 | −0.031% | $1.1M | $3.5M | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0079% | 1h | 60.840 | +0.002% | $13K | $3K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0092% | 8h | 60.854 | +0.025% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.836 | −0.005% | $73K | $34K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.850 | +0.018% | $3.0M | $420K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.890 | +0.084% | $21K | $183K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.870 | +0.051% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.859 | +0.033% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0176% | 1h | 60.940 | +0.166% | $523K | $75K | 20x | as long as short |
| tradeXYZ xyz:DRAMlong | +0.0181% | 1h | 60.839 | long leg | $78.7M | $35.7M | 20x | |
| Lighter DRAM | +0.0344% | 1h | 60.872 | +0.054% | $1.1M | $1.2M | 20x | as long as short |
tradeXYZ xyz:DRAM
Extended DRAM-USD
Bitget DRAMUSDT
Aster DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
Variational Omni DRAM
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
OKX DRAM-USDT-SWAP
Binance DRAMUSDT
MEXC DRAM_USDT
Bybit DRAMUSDT
Aftermath Perps DRAMUSD
BloFin DRAM-USDT
edgeX DRAMUSDC
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Deribit DRAM_USDC-PERPETUAL
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Coinbase International DRAM-PERP-INTX
Lighter DRAM