DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0110%/8h= +12.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.020%

Price spread now: tradeXYZ against ApeX Omni−0.140%45s7-day average −0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1041.044% of the position

Long on ApeX Omni Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$1 on $10k

Price spread, last 4 days (all we have)−0.085%−$9 · spread now −0.140%, 7d avg −0.057%

Together, before fees−0.070%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.083% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of −0.057%). If the spread goes back, that is −$8 on $10k: about 2.5 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.015% in total) that is about 39 days. The two prices were read 45 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	62.180	0.0100	pay 0.0013% / 1h	12m 46s	$22K	$184K	50x
Short	tradeXYZ xyz:DRAM	62.093	0.0210	get 0.0026% / 1h	12m 46s	$81.7M	$36.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.140%Rate

Funding earned: $23.02
Price spread: −0.140% → −0.057%: −$8.34
Slippage, 4 orders: −$76.43
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$89.75
Costs to cover: 1.044%
Break-even: 34.3 days

Slippage from ApeX Omni: live order book, 53 min ago; tradeXYZ: live order book, 7 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, 53 min ago	30.40 bp	43.4 bp −$43	218.7 bp −$2,187	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 7 min ago	0.40 bp	9.8 bp −$10	10.9 bp −$109	doesn't fit	doesn't fit

DRAM on 33 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	62.120	−0.096%	$748	$2.8M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.130	−0.080%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.110	−0.113%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0011%	4h	62.171	−0.014%	$150K	$298K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0033%	1h	62.119	−0.097%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.140	−0.064%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.080	−0.161%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.110	−0.113%	$1.0M	$78K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.090	−0.145%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.097	−0.133%	$2K	$15K	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.120	−0.096%	$1.1M	$1.9M	10x	as long as short
Entropy io:DRAM	+0.0053%	1h	62.103	−0.124%	$252K	$430K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	62.109	−0.114%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.110	−0.113%	$3.0M	$404K	20x	as long as short
ApeX Omni DRAMUSDTlong	+0.0100%	1h	62.180	long leg	$22K	$184K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.140	−0.064%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.132	−0.077%	$4K	—	10x	as long as short
Lighter DRAM	+0.0144%	1h	62.101	−0.127%	$965K	$1.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.130	−0.080%	$534K	$81K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0161%	8h	62.127	−0.086%	—	—	5x	as long as short
Bitget DRAMUSDT	+0.0200%	8h	62.120	−0.096%	$26.0M	$13.0M	20x	as long as short
tradeXYZ xyz:DRAMshort	+0.0210%	1h	62.093	−0.140%	$81.7M	$36.9M	20x
OKX DRAM-USDT-SWAP	+0.0219%	8h	62.130	−0.080%	$5.5M	$4.5M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0233%	1h	62.100	−0.129%	$13K	$3K	20x	as long as short
Bybit DRAMUSDT	+0.0277%	8h	62.140	−0.064%	$9.6M	$10.1M	100x	as long as short
GRVT DRAM_USDT_Perp	+0.0327%	8h	62.181	+0.002%	$37K	$154K	10x	as long as short
Aster DRAMUSDT	+0.0451%	8h	62.141	−0.062%	$200K	$36K	20x	as long as short
Gate DRAM_USDT	+0.0508%	8h	62.150	−0.048%	$8.1M	$3.5M	75x	as long as short
Variational Omni DRAM	+0.0540%	8h	62.173	−0.010%	$2.4M	$709K	—	as long as short
Extended DRAM-USD	+0.0576%	1h	62.106	−0.118%	$75K	$669K	10x	as long as short
Binance DRAMUSDT	+0.0578%	8h	62.120	−0.096%	$44.6M	$81.8M	50x	as long as short
MEXC DRAM_USDT	+0.0579%	8h	62.120	−0.096%	$9.6M	$5.9M	100x	as long as short
RISEx DRAM/USDC	+0.0835%	1h	62.140	−0.064%	$447K	$504K	20x	as long as short