Funding you earn now, next payment 08:00 UTC+0.0123%/8h= +13.4% APRnext payment +$1.23 per $10,000 · paid last 24h +0.028%
Price spread now: Binance against Aster−0.029%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$350.348% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 2 days (all we have)+0.068%+$7 · spread now −0.029%, 7d avg +0.024%
=Together, before fees+0.141%+ Points / potential airdropAster: Stage 5 · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.053% cheaper against Aster than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.024%). If the spread goes back, that is −$5 on $10k: about 35 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.073% in total) that is about 5.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster DRAMUSDT | 62.338 | 0.0436 | pay 0.0436% / 8h | 5h 56m | $201K | $36K | 20x |
| Short | Binance DRAMUSDT | 62.320 | 0.0559 | get 0.0559% / 8h | 5h 56m | $44.7M | $81.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- $25.78
- Price spread: −0.029% → +0.024%
- −$5.29
- Slippage, 4 orders
- −$16.76
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$14.27
- Costs to cover
- 0.348%
- Break-even
- 10.9 days
Slippage from Aster: live order book, 5 min ago; Binance: live order book, 1 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 Aster live order book, 5 min ago | 2.41 bp | 13.4 bp −$13 | 36.5 bp −$365 | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 0.80 bp | 5.8 bp −$6 | 7.4 bp −$74 | 33.4 bp −$3,336 | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx DRAM/USDC | 0.0000% | 1h | 62.310 | −0.044% | $448K | $505K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.320 | −0.029% | $603 | $2.8M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.190 | −0.237% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.330 | −0.013% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0032% | 1h | 62.207 | −0.210% | $1K | $33K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.250 | −0.141% | $51K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.250 | −0.141% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.288 | −0.080% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.317 | −0.033% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.270 | −0.109% | $1.2M | $1.9M | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX DRAM-USD | +0.0055% | 1h | 62.300 | −0.061% | $1.0M | $78K | 10x | as long as short |
| edgeX DRAMUSDC | +0.0057% | 4h | 62.231 | −0.171% | $151K | $298K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.327 | −0.017% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.260 | −0.125% | $3.0M | $404K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.190 | −0.237% | $22K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.330 | −0.013% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.335 | −0.004% | $4K | — | 10x | as long as short |
| Bitget DRAMUSDT | +0.0119% | 8h | 62.320 | −0.029% | $26.2M | $13.1M | 20x | as long as short |
| Entropy io:DRAM | +0.0130% | 1h | 62.226 | −0.179% | $253K | $427K | 25x | as long as short |
| Paradex DRAM-USD-PERP | +0.0154% | 8h | 62.308 | −0.049% | — | — | 5x | as long as short |
| Lighter DRAM | +0.0160% | 1h | 62.306 | −0.051% | $968K | $1.0M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 62.040 | −0.478% | $534K | $81K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0215% | 8h | 62.320 | −0.029% | $5.5M | $4.5M | 50x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0243% | 8h | 62.210 | −0.205% | $36K | $155K | 10x | as long as short |
| Bybit DRAMUSDT | +0.0284% | 8h | 62.370 | +0.052% | $9.7M | $10.0M | 100x | as long as short |
| tradeXYZ xyz:DRAM | +0.0294% | 1h | 62.282 | −0.090% | $82.2M | $37.0M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0392% | 1h | 62.310 | −0.045% | $13K | $3K | 20x | as long as short |
| Aster DRAMUSDTlong | +0.0436% | 8h | 62.338 | long leg | $201K | $36K | 20x | |
| Gate DRAM_USDT | +0.0505% | 8h | 62.360 | +0.036% | $8.2M | $3.5M | 75x | as long as short |
| Variational Omni DRAM | +0.0525% | 8h | 62.224 | −0.182% | $2.4M | $710K | — | as long as short |
| MEXC DRAM_USDT | +0.0558% | 8h | 62.300 | −0.061% | $9.6M | $5.5M | 100x | as long as short |
| Binance DRAMUSDTshort | +0.0559% | 8h | 62.320 | −0.029% | $44.7M | $81.6M | 50x | |
| Extended DRAM-USD | +0.0560% | 1h | 62.305 | −0.052% | $75K | $665K | 10x | as long as short |
Aster DRAMUSDT
Binance DRAMUSDT
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
edgeX DRAMUSDC
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Bitget DRAMUSDT
Paradex DRAM-USD-PERP
Lighter DRAM
Coinbase International DRAM-PERP-INTX
OKX DRAM-USDT-SWAP
GRVT DRAM_USDT_Perp
Bybit DRAMUSDT
tradeXYZ xyz:DRAM
Deribit DRAM_USDC-PERPETUAL
Gate DRAM_USDT
Variational Omni DRAM
MEXC DRAM_USDT
Extended DRAM-USD