DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0698%/8h= +76.5% APRnext payment +$0.87 per $10,000 · paid last 24h +0.031%

Price spread now: RISEx against tradeXYZ+0.013%7-day average +0.047% · 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−$33as in the Price arb table

costs, in and out, $10k−$300.299% of the position

Long on tradeXYZ Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.018%+$2 on $10k

Price spread, last 4 days (all we have)+0.079%+$8 · spread now +0.013%, 7d avg +0.047%

Together, before fees+0.097%+ Points / potential airdroptradeXYZ: Active · farm board+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.034% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.047%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$21 a day). At the pace of the last 3 days (+0.018% in total) that is about 6.4 days.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.018% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.87 per $10,000. 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	62.372	0.0398	pay 0.0050% / 1h	45m 03s	$81.9M	$39.7M	20x
Short	RISEx DRAM/USDC	62.380	0.1096	get 0.0137% / 1h	45m 03s	$455K	$492K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against tradeXYZ. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee tradeXYZbpFee RISExbpOrdersPrice spread, now +0.013%Rate

Funding earned: $146.66
Price spread: +0.013% → +0.047%: −$3.42
Slippage, 4 orders: −$5.93
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee RISEx: 3 bp × 2 orders: −$6
Net: $113.32
Costs to cover: 0.299%
Break-even: 1.6 days

Slippage from tradeXYZ: live order book, 3 min ago; RISEx: live order book, 28 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, 3 min ago	1.44 bp	10.4 bp −$10	10.6 bp −$106	doesn't fit	doesn't fit
Sell RISEx live order book, 28 min ago	1.37 bp	4.4 bp −$4	4.9 bp −$49	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
SunX DRAM-USDT	0.0000%	8h	62.410	+0.061%	$605	$3.1M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.380	+0.013%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.410	+0.061%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0001%	4h	62.288	−0.134%	$151K	$296K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	62.274	−0.157%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.360	−0.019%	—	—	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.410	+0.061%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.340	−0.051%	$1.2M	$1.7M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0071%	1h	62.390	+0.029%	$13K	$3K	20x	as long as short
Polymarket Perps DRAM-USD	+0.0079%	1h	62.370	−0.003%	$267K	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica DRAM	+0.0100%	1h	62.384	+0.019%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.330	−0.067%	$3.0M	$445K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.440	+0.109%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.420	+0.077%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.421	+0.079%	$4K	—	10x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.370	−0.003%	$1.0M	$78K	10x	as long as short
Lighter DRAM	+0.0176%	1h	62.413	+0.066%	$980K	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.725%	$535K	$95K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0216%	8h	62.400	+0.045%	$5.5M	$4.7M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0222%	8h	62.411	+0.063%	—	—	5x	as long as short
Bitget DRAMUSDT	+0.0329%	8h	62.390	+0.029%	$26.3M	$12.8M	20x	as long as short
Aster DRAMUSDT	+0.0351%	8h	62.311	−0.097%	$200K	$36K	20x	as long as short
tradeXYZ xyz:DRAMlong	+0.0398%	1h	62.372	long leg	$81.9M	$39.7M	20x
Variational Omni DRAM	+0.0437%	8h	62.395	+0.037%	$2.4M	$766K	—	as long as short
MEXC DRAM_USDT	+0.0481%	8h	62.390	+0.029%	$10.1M	$6.7M	100x	as long as short
Binance DRAMUSDT	+0.0486%	8h	62.400	+0.045%	$44.6M	$81.7M	50x	as long as short
Extended DRAM-USD	+0.0488%	1h	62.387	+0.024%	$75K	$767K	10x	as long as short
Entropy io:DRAM	+0.0519%	1h	62.274	−0.157%	$254K	$476K	25x	as long as short
Bybit DRAMUSDT	+0.0600%	8h	62.420	+0.077%	$9.6M	$10.5M	100x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.330	−0.067%	$51K	$83K	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0670%	8h	62.300	−0.115%	$37K	$164K	10x	as long as short
Gate DRAM_USDT	+0.0727%	8h	62.420	+0.077%	$8.3M	$3.4M	75x	as long as short
BloFin DRAM-USDT	+0.0861%	8h	62.370	−0.003%	$296K	$26K	20x	as long as short
RISEx DRAM/USDCshort	+0.1096%	1h	62.380	+0.013%	$455K	$492K	20x