Funding you earn now, next payment 09:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.05 per $10,000 · paid last 24h −0.027%
Price spread now: QFEX against tradeXYZ+0.025%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$350.351% of the position
Funding, last 4 days (all we have)−0.076%−$8 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now +0.025%, 7d avg +0.025%
=Together, before fees−0.094%+ Points / potential airdroptradeXYZ: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: −$1 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 | 60.855 | 0.0090 | pay 0.0011% / 1h | 57m 27s | $79.4M | $36.6M | 20x |
| Short | QFEX DRAM-USD | 60.870 | 0.0048 | get 0.0006% / 1h | 57m 27s | $992K | $95K | 10x |
tradeXYZ xyz:DRAM
QFEX DRAM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$9.01
- Price spread: +0.025% → +0.025%
- −$0.07
- Slippage, 4 orders
- −$7.09
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$44.17
- Costs to cover
- 0.351%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 12 min ago; QFEX: live order book, 13 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, 12 min ago | 0.08 bp | 9.9 bp −$10 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 13 min ago | 2.47 bp | 7.5 bp −$7 | 7.5 bp −$75 | 11.4 bp −$1,138 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:DRAM | −0.0610% | 1h | 60.803 | −0.085% | $1.0M | $1.2M | 25x | as long as short |
| Bitget DRAMUSDT | −0.0337% | 8h | 60.890 | +0.058% | $26.6M | $15.2M | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.900 | +0.074% | $823 | $2.5M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.900 | +0.074% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.900 | +0.074% | $1.7M | $1.3M | 10x | as long as short |
| Aster DRAMUSDT | +0.0008% | 8h | 60.904 | +0.081% | $195K | $27K | 20x | as long as short |
| Variational Omni DRAM | +0.0018% | 8h | 60.794 | −0.101% | $2.2M | $736K | — | as long as short |
| Aftermath Perps DRAMUSD | +0.0039% | 1h | 60.778 | −0.127% | $1K | $28K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.840 | −0.025% | — | — | 10x | as long as short |
| QFEX DRAM-USDshort | +0.0048% | 1h | 60.870 | +0.025% | $992K | $95K | 10x |
Entropy io:DRAM
Bitget DRAMUSDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aster DRAMUSDT
Variational Omni DRAM
Aftermath Perps DRAMUSD
Vest DRAM-USD-PERPShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.883 | +0.046% | $253K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.890 | +0.058% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.810 | −0.074% | $1.1M | $3.5M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0073% | 4h | 60.859 | +0.007% | $147K | $298K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0077% | 8h | 60.930 | +0.123% | $5.4M | $6.4M | 50x | as long as short |
| Extended DRAM-USD | +0.0088% | 1h | 60.855 | −0.001% | $74K | $257K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0089% | 8h | 60.870 | +0.025% | $8.7M | $5.5M | 100x | as long as short |
| tradeXYZ xyz:DRAMlong | +0.0090% | 1h | 60.855 | long leg | $79.4M | $36.6M | 20x | |
| Binance DRAMUSDT | +0.0098% | 8h | 60.877 | +0.037% | $44.1M | $92.3M | 50x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.833 | −0.036% | $73K | $30K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.790 | −0.107% | $3.0M | $409K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.810 | −0.074% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.910 | +0.090% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.889 | +0.056% | $4K | — | 10x | as long as short |
| RISEx DRAM/USDC | +0.0107% | 1h | 60.872 | +0.027% | $441K | $347K | 20x | as long as short |
| Bybit DRAMUSDT | +0.0169% | 8h | 60.900 | +0.074% | $9.6M | $10.6M | 100x | as long as short |
| Gate DRAM_USDT | +0.0178% | 8h | 60.890 | +0.058% | $7.9M | $3.6M | 75x | as long as short |
| Lighter DRAM | +0.0184% | 1h | 60.874 | +0.031% | $1.1M | $1.3M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0210% | 8h | 60.884 | +0.048% | — | — | 5x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0243% | 1h | 60.900 | +0.074% | $13K | $3K | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0280% | 1h | 60.100 | −1.241% | $527K | $87K | 20x | as long as short |
| BloFin DRAM-USDT | +0.0283% | 8h | 60.880 | +0.041% | $298K | $26K | 20x | as long as short |
| Arcus DRAM-USD | +0.0540% | 1h | 60.870 | +0.025% | $47K | $68K | 10x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0685% | 8h | 60.840 | −0.025% | $36K | $214K | 10x | as long as short |
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
edgeX DRAMUSDC
OKX DRAM-USDT-SWAP
Extended DRAM-USD
MEXC DRAM_USDT
Binance DRAMUSDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
RISEx DRAM/USDC
Bybit DRAMUSDT
Gate DRAM_USDT
Lighter DRAM
Paradex DRAM-USD-PERP
Deribit DRAM_USDC-PERPETUAL
Coinbase International DRAM-PERP-INTX
BloFin DRAM-USDT
Arcus DRAM-USD
GRVT DRAM_USDT_Perp