DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.02 per $10,000 · paid last 24h +0.033%

Price spread now: Entropy against Aftermath Perps−0.036%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on Entropy

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Entropy is 0.036% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.036% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 7.6 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps DRAMUSD	61.688	0.0034	pay 0.0004% / 1h	47m 21s	$1K	$36K	5x
Short	Entropy io:DRAM	61.666	0.0050	get 0.0006% / 1h	47m 21s	$254K	$505K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Entropy against Aftermath Perps. 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 Aftermath PerpsbpFee EntropybpOrdersPrice spread, now −0.036%Rate

Funding earned: $3.35
Price spread: −0.036% → 0.000%: −$3.63
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Entropy: 9 bp × 2 orders: −$18
Net: −$27.28
Costs to cover: 0.270%
Break-even: 63.9 days

Slippage unknown: Aftermath Perps: no order-book sample; Entropy: live order book, 28 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Entropy live order book, 28 min ago	3.01 bp	14.8 bp −$15	doesn't fit	doesn't fit	doesn't fit

Aftermath Perps: 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
Gate DRAM_USDT	0.0000%	8h	61.720	+0.051%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.710	+0.035%	$879	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.730	+0.067%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.700	+0.019%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0024%	4h	61.712	+0.039%	$153K	$289K	20x	as long as short
Aftermath Perps DRAMUSDlong	+0.0034%	1h	61.688	long leg	$1K	$36K	5x
Vest DRAM-USD-PERP	+0.0046%	1h	61.610	−0.127%	—	$797	10x	as long as short
Entropy io:DRAMshort	+0.0050%	1h	61.666	−0.036%	$254K	$505K	25x
Polymarket Perps DRAM-USD	+0.0050%	1h	61.682	−0.010%	$204K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.691	+0.004%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.650	−0.062%	$1.2M	$1.7M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	61.680	−0.014%	$1.0M	$77K	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0084%	8h	61.720	+0.051%	$5.4M	$4.6M	50x	as long as short
Aster DRAMUSDT	+0.0091%	8h	61.728	+0.064%	$198K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0092%	8h	61.700	+0.019%	$26.0M	$12.5M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.716	+0.045%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.700	+0.019%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.670	−0.030%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.700	+0.019%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.707	+0.030%	$4K	—	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0138%	8h	61.721	+0.053%	$35K	$189K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0148%	8h	61.714	+0.042%	—	—	5x	as long as short
Bybit DRAMUSDT	+0.0170%	8h	61.740	+0.084%	$9.3M	$10.3M	100x	as long as short
Variational Omni DRAM	+0.0172%	8h	61.710	+0.035%	$2.4M	$969K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.176%	$510K	$44K	20x	as long as short
MEXC DRAM_USDT	+0.0221%	8h	61.710	+0.035%	$11.1M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0222%	8h	61.700	+0.019%	$43.7M	$82.7M	50x	as long as short
Extended DRAM-USD	+0.0224%	1h	61.691	+0.004%	$102K	$741K	10x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.720	+0.052%	$480K	$442K	20x	as long as short
Lighter DRAM	+0.0312%	1h	61.727	+0.063%	$992K	$1.2M	20x	as long as short
BloFin DRAM-USDT	+0.0316%	8h	61.740	+0.084%	$294K	$27K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0328%	1h	61.698	+0.016%	$79.2M	$39.9M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0399%	1h	61.690	+0.003%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.700	+0.019%	$50K	$92K	10x	as long as short