Funding you earn now, next payment 06:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.07 per $10,000 · paid last 24h +0.036%
Price spread now: Entropy against Vest−0.073%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Entropy is 0.073% cheaper against Vest than usual: you would sell low and buy high (spread −0.073% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 4.6 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest DRAM-USD-PERP | 61.710 | 0.0046 | pay 0.0006% / 1h | 51m 13s | — | — | 10x |
| Short | Entropy io:DRAM | 61.665 | 0.0099 | get 0.0012% / 1h | 51m 13s | $170K | $465K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Vest. 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
- $11.19
- Price spread: −0.073% → 0.000%
- −$7.29
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$16.1
- Costs to cover
- 0.200%
- Break-even
- 17.1 days
Slippage unknown: Vest: no order-book sample; Entropy: live order book, 24 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 Vest no order-book sample | — | — | — | — | — |
| Sell Entropy live order book, 24 min ago | 2.11 bp | 13.5 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 61.733 | +0.036% | $434K | $501K | 20x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 61.730 | +0.032% | $26.1M | $13.9M | 20x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.711 | +0.002% | $36K | $191K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.750 | +0.065% | $1K | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.670 | −0.065% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.700 | −0.016% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0024% | 1h | 61.641 | −0.112% | $1K | $31K | 5x | as long as short |
| edgeX DRAMUSDC | +0.0030% | 4h | 61.687 | −0.037% | $149K | $298K | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.660 | −0.081% | $48K | $76K | 10x | as long as short |
| Vest DRAM-USD-PERPlong | +0.0046% | 1h | 61.710 | long leg | — | — | 10x |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX DRAM-USD | +0.0050% | 1h | 61.750 | +0.065% | $1.0M | $84K | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.727 | +0.028% | $259K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.715 | +0.008% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.690 | −0.032% | $1.1M | $2.6M | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0060% | 8h | 61.760 | +0.081% | $5.5M | $4.7M | 50x | as long as short |
| Bybit DRAMUSDT | +0.0060% | 8h | 61.730 | +0.032% | $9.5M | $10.0M | 100x | as long as short |
| Entropy io:DRAMshort | +0.0099% | 1h | 61.665 | −0.073% | $170K | $465K | 25x | |
| Pacifica DRAM | +0.0100% | 1h | 61.713 | +0.005% | $74K | $49K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.690 | −0.032% | $3.0M | $401K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.730 | +0.032% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.730 | +0.032% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.725 | +0.025% | $4K | — | 10x | as long as short |
| Aster DRAMUSDT | +0.0110% | 8h | 61.707 | −0.004% | $198K | $35K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0115% | 8h | 61.742 | +0.051% | — | — | 5x | as long as short |
| Variational Omni DRAM | +0.0175% | 8h | 61.664 | −0.074% | $2.4M | $618K | — | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 61.510 | −0.324% | $528K | $74K | 20x | as long as short |
| MEXC DRAM_USDT | +0.0223% | 8h | 61.690 | −0.032% | $9.0M | $5.5M | 100x | as long as short |
| Binance DRAMUSDT | +0.0223% | 8h | 61.700 | −0.016% | $44.3M | $83.3M | 50x | as long as short |
| Extended DRAM-USD | +0.0224% | 1h | 61.703 | −0.011% | $74K | $238K | 10x | as long as short |
| BloFin DRAM-USDT | +0.0238% | 8h | 61.760 | +0.081% | $300K | $26K | 20x | as long as short |
| Gate DRAM_USDT | +0.0260% | 8h | 61.750 | +0.065% | $8.1M | $3.6M | 75x | as long as short |
| tradeXYZ xyz:DRAM | +0.0263% | 1h | 61.692 | −0.029% | $80.2M | $35.6M | 20x | as long as short |
| Lighter DRAM | +0.0288% | 1h | 61.731 | +0.034% | $1.1M | $1.2M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0399% | 1h | 61.720 | +0.016% | $13K | $3K | 20x | as long as short |
RISEx DRAM/USDC
Bitget DRAMUSDT
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
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
MEXC DRAM_USDT
Binance DRAMUSDT
Extended DRAM-USD
BloFin DRAM-USDT
Gate DRAM_USDT
tradeXYZ xyz:DRAM
Lighter DRAM
Deribit DRAM_USDC-PERPETUAL