Funding you earn now, next payment 02:00 UTC−0.0243%/8h= −26.6% APRpaid last 24h +0.006%
Price spread now: tradeXYZ against Aster−0.086%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$400.402% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.086%, 7d avg −0.039%
=Together, before fees+0.162%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and tradeXYZ is 0.046% cheaper against Aster than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.039%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.113%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.113% in total (about 5.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster DRAMUSDT | 62.193 | 0.0475 | pay 0.0475% / 8h | 6h 37m | $200K | $36K | 20x |
| Short | tradeXYZ xyz:DRAM | 62.140 | 0.0232 | get 0.0029% / 1h | 37m 24s | $81.8M | $36.8M | 20x |
Aster DRAMUSDT
tradeXYZ xyz:DRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$50.98
- Price spread: −0.086% → −0.039%
- −$4.63
- Slippage, 4 orders
- −$14.22
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$95.83
- Costs to cover
- 0.402%
- Break-even
- never at this rate
Slippage from Aster: live order book, 29 min ago; tradeXYZ: live order book, 12 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, 29 min ago | 2.40 bp | 11.7 bp −$12 | 38.0 bp −$380 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 12 min ago | 0.40 bp | 10.2 bp −$10 | 11.2 bp −$112 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX DRAM-USDT | 0.0000% | 8h | 62.170 | −0.037% | $972 | $2.9M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.180 | −0.021% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.180 | −0.021% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0021% | 4h | 62.152 | −0.066% | $150K | $296K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0034% | 1h | 62.152 | −0.066% | $1K | $34K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.160 | −0.053% | $50K | $82K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.110 | −0.134% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0046% | 1h | 62.160 | −0.053% | $1.0M | $78K | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 62.147 | −0.074% | $252K | $434K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.148 | −0.073% | $266K | $1.3M | 10x | as long as short |
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Arcus DRAM-USD
Vest DRAM-USD-PERP
QFEX DRAM-USD
Entropy io:DRAM
Polymarket Perps DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX DRAM-USD | +0.0050% | 1h | 62.167 | −0.042% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.160 | −0.053% | $1.1M | $1.8M | 10x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.193 | −0.001% | $76K | $43K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.150 | −0.069% | $3.0M | $407K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.210 | +0.027% | $22K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.200 | +0.011% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.186 | −0.011% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0136% | 1h | 62.166 | −0.044% | $966K | $1.0M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.130 | −0.102% | $534K | $93K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0186% | 8h | 62.180 | −0.021% | — | — | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0225% | 8h | 62.170 | −0.037% | $5.5M | $4.7M | 50x | as long as short |
| tradeXYZ xyz:DRAMshort | +0.0232% | 1h | 62.140 | −0.086% | $81.8M | $36.8M | 20x | |
| Bybit DRAMUSDT | +0.0366% | 8h | 62.206 | +0.021% | $9.6M | $10.2M | 100x | as long as short |
| Bitget DRAMUSDT | +0.0367% | 8h | 62.170 | −0.037% | $26.0M | $12.8M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0394% | 1h | 62.160 | −0.053% | $13K | $3K | 20x | as long as short |
| Aster DRAMUSDTlong | +0.0475% | 8h | 62.193 | long leg | $200K | $36K | 20x | |
| GRVT DRAM_USDT_Perp | +0.0518% | 8h | 62.189 | −0.008% | $37K | $152K | 10x | as long as short |
| Variational Omni DRAM | +0.0568% | 8h | 62.195 | +0.003% | $2.4M | $758K | — | as long as short |
| Gate DRAM_USDT | +0.0591% | 8h | 62.200 | +0.011% | $8.2M | $3.4M | 75x | as long as short |
| Extended DRAM-USD | +0.0600% | 1h | 62.178 | −0.025% | $75K | $663K | 10x | as long as short |
| Binance DRAMUSDT | +0.0603% | 8h | 62.170 | −0.037% | $44.6M | $82.2M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0603% | 8h | 62.160 | −0.053% | $9.7M | $5.9M | 100x | as long as short |
| RISEx DRAM/USDC | +0.0835% | 1h | 62.164 | −0.048% | $448K | $504K | 20x | as long as short |
| BloFin DRAM-USDT | +0.0951% | 8h | 62.380 | +0.300% | $301K | $26K | 20x | as long as short |
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Lighter DRAM
Coinbase International DRAM-PERP-INTX
Paradex DRAM-USD-PERP
OKX DRAM-USDT-SWAP
Bybit DRAMUSDT
Bitget DRAMUSDT
Deribit DRAM_USDC-PERPETUAL
GRVT DRAM_USDT_Perp
Variational Omni DRAM
Gate DRAM_USDT
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
RISEx DRAM/USDC
BloFin DRAM-USDT