Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.012%
Price spread now: RISEx against ApeX Omni−0.056%54s7-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—prices read too far apart to compare
costs, in and out, $10k−$870.872% of the position
Funding, last 4 days (all we have)+0.022%+$2 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now −0.056%, 7d avg −0.017%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and RISEx is 0.038% cheaper against ApeX Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.017%). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni DRAMUSDT | 60.990 | 0.0100 | pay 0.0013% / 1h | 32m 32s | $21K | $184K | 50x |
| Short | RISEx DRAM/USDC | 60.956 | 0 | get 0.0000% / 1h | 32m 32s | $422K | $339K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.056% → −0.017%
- −$3.82
- Slippage, 4 orders
- −$71.16
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$111.98
- Costs to cover
- 0.872%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 3 min ago; RISEx: live order book, 6 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, 3 min ago | 27.89 bp | 40.7 bp −$41 | 213.0 bp −$2,130 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 6 min ago | 0.08 bp | 3.1 bp −$3 | 3.9 bp −$39 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0738% | 8h | 61.000 | +0.016% | $26.4M | $15.0M | 20x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.942 | −0.079% | $196K | $38K | 20x | as long as short |
| RISEx DRAM/USDCshort | 0.0000% | 1h | 60.956 | −0.056% | $422K | $339K | 20x | |
| Gate DRAM_USDT | 0.0000% | 8h | 61.020 | +0.049% | $8.0M | $3.7M | 75x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.953 | −0.060% | $2.3M | $580K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.980 | −0.016% | $36K | $205K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.960 | −0.049% | $830 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.960 | −0.049% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.970 | −0.033% | $1.7M | $1.3M | 10x | as long as short |
| Bybit DRAMUSDT | +0.0005% | 8h | 60.972 | −0.030% | $9.6M | $10.4M | 100x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DRAM-USDT-SWAP | +0.0011% | 8h | 60.990 | 0.000% | $5.4M | $6.0M | 50x | as long as short |
| Binance DRAMUSDT | +0.0028% | 8h | 60.911 | −0.130% | $43.7M | $88.8M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0031% | 8h | 60.920 | −0.115% | $7.7M | $5.7M | 100x | as long as short |
| Extended DRAM-USD | +0.0032% | 1h | 60.940 | −0.082% | $77K | $196K | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0036% | 1h | 60.963 | −0.044% | $1K | $30K | 5x | as long as short |
| edgeX DRAMUSDC | +0.0037% | 4h | 60.963 | −0.043% | $148K | $298K | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.950 | −0.066% | $47K | $67K | 10x | as long as short |
| QFEX DRAM-USD | +0.0040% | 1h | 60.970 | −0.033% | $993K | $84K | 10x | as long as short |
| BloFin DRAM-USDT | +0.0042% | 8h | 61.010 | +0.033% | $298K | $26K | 20x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.960 | −0.049% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.935 | −0.090% | $179K | $480K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.935 | −0.090% | $253K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.965 | −0.041% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.920 | −0.115% | $1.1M | $3.5M | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0078% | 1h | 60.960 | −0.049% | $13K | $3K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0100% | 8h | 60.949 | −0.067% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.975 | −0.025% | $73K | $38K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.940 | −0.082% | $3.0M | $422K | 20x | as long as short |
| ApeX Omni DRAMUSDTlong | +0.0100% | 1h | 60.990 | long leg | $21K | $184K | 50x | |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.980 | −0.016% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.957 | −0.053% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0176% | 1h | 60.940 | −0.082% | $523K | $75K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0202% | 1h | 60.886 | −0.171% | $78.7M | $35.9M | 20x | as long as short |
| Lighter DRAM | +0.0352% | 1h | 60.990 | 0.000% | $1.1M | $1.2M | 20x | as long as short |
ApeX Omni DRAMUSDT
RISEx DRAM/USDC
Bitget DRAMUSDT
Aster DRAMUSDT
Gate DRAM_USDT
Variational Omni DRAM
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Bybit DRAMUSDT
OKX DRAM-USDT-SWAP
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
Aftermath Perps DRAMUSD
edgeX DRAMUSDC
BloFin DRAM-USDT
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Deribit DRAM_USDC-PERPETUAL
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
Coinbase International DRAM-PERP-INTX
tradeXYZ xyz:DRAM
Lighter DRAM