DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.014%

Price spread now: QFEX against ApeX Omni−0.016%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$930.927% of the position

Long on ApeX Omni Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.080%−$8 on $10k

Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.016%, 7d avg −0.017%

Together, before fees−0.111%−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni DRAMUSDT	61.640	0.0100	pay 0.0013% / 1h	44m 47s	$22K	$184K	50x
Short	QFEX DRAM-USD	61.630	0.0050	get 0.0006% / 1h	44m 47s	$1.0M	$84K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against ApeX Omni. 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 ApeX OmnibpFee QFEXbpOrdersPrice spread, now −0.016%Rate

Funding earned: −$10.57
Price spread: −0.016% → −0.017%: $0.12
Slippage, 4 orders: −$72.69
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$103.14
Costs to cover: 0.927%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 1 min ago; QFEX: live order book, 5 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 ApeX Omni live order book, 1 min ago	27.58 bp	39.2 bp −$39	199.0 bp −$1,990	doesn't fit	doesn't fit
Sell QFEX live order book, 5 min ago	2.43 bp	7.4 bp −$7	7.4 bp −$74	13.3 bp −$1,326	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
RISEx DRAM/USDC	0.0000%	1h	61.636	−0.006%	$434K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.590	−0.081%	$26.0M	$13.9M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.600	−0.065%	$36K	$191K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.610	−0.049%	$795	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.600	−0.065%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.600	−0.065%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0003%	4h	61.594	−0.075%	$149K	$299K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.626	−0.024%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.610	−0.049%	$48K	$76K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.600	−0.065%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USDshort	+0.0050%	1h	61.630	−0.016%	$1.0M	$84K	10x
Entropy io:DRAM	+0.0050%	1h	61.600	−0.065%	$170K	$466K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.619	−0.034%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.605	−0.057%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.590	−0.081%	$1.1M	$2.6M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0052%	8h	61.610	−0.049%	$5.4M	$4.7M	50x	as long as short
Bybit DRAMUSDT	+0.0053%	8h	61.597	−0.070%	$9.5M	$10.0M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0075%	1h	61.620	−0.032%	$13K	$3K	20x	as long as short
Aster DRAMUSDT	+0.0097%	8h	61.572	−0.110%	$198K	$35K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.602	−0.061%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.570	−0.114%	$3.0M	$402K	20x	as long as short
ApeX Omni DRAMUSDTlong	+0.0100%	1h	61.640	long leg	$22K	$184K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.630	−0.016%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.610	−0.049%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0109%	8h	61.629	−0.019%	—	—	5x	as long as short
Variational Omni DRAM	+0.0157%	8h	61.624	−0.026%	$2.4M	$618K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.510	−0.211%	$528K	$74K	20x	as long as short
Extended DRAM-USD	+0.0208%	1h	61.564	−0.124%	$74K	$238K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0208%	1h	61.565	−0.122%	$80.0M	$35.6M	20x	as long as short
MEXC DRAM_USDT	+0.0210%	8h	61.550	−0.146%	$9.0M	$5.5M	100x	as long as short
Binance DRAMUSDT	+0.0210%	8h	61.567	−0.118%	$44.2M	$83.4M	50x	as long as short
BloFin DRAM-USDT	+0.0214%	8h	61.630	−0.016%	$300K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0231%	8h	61.630	−0.016%	$8.1M	$3.6M	75x	as long as short
Lighter DRAM	+0.0232%	1h	61.613	−0.044%	$1.1M	$1.2M	20x	as long as short