Funding you earn now, next payment 08:00 UTC+0.0792%/8h= +86.8% APRpaid last 24h −0.005%
Price spread now: Ondo Perps against Bitget−0.131%7-day average −0.108% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 7 days−0.065%−$7 · spread now −0.131%, 7d avg −0.108%
=Together, before fees−0.054%+ Points / potential airdropOndo Perps: Active · farm board−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.023% cheaper against Bitget than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of −0.108%). If the spread goes back, that is −$2 on $10k: about 2 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.011% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.011% in total (about 0.6% 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 | Bitget DRAMUSDT | 61.010 | −0.0742 | get 0.0742% / 8h | 35m 31s | $26.4M | $15.0M | 20x |
| Short | Ondo Perps DRAM-USD.P | 60.930 | 0.0050 | get 0.0006% / 1h | 35m 31s | $1.1M | $3.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bitget. 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
- $166.4
- Price spread: −0.131% → −0.108%
- −$2.32
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $147.08
- Costs to cover
- 0.170%
- Break-even
- 0.8 days
Slippage unknown: Bitget: live order book, 3 min ago; Ondo Perps: no order-book sample. Net counts fees only.
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 Bitget live order book, 3 min ago | 0.82 bp | 8.3 bp −$8 | 11.9 bp −$119 | 21.8 bp −$2,182 | 61.3 bp −$30.7K |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 DRAMUSDTlong | −0.0742% | 8h | 61.010 | long leg | $26.4M | $15.0M | 20x | |
| Aster DRAMUSDT | 0.0000% | 8h | 60.948 | −0.101% | $196K | $35K | 20x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.956 | −0.088% | $422K | $341K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 61.030 | +0.033% | $8.0M | $3.7M | 75x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.953 | −0.093% | $2.3M | $580K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.996 | −0.023% | $36K | $205K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.980 | −0.049% | $874 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.960 | −0.082% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.980 | −0.049% | $1.7M | $1.3M | 10x | as long as short |
| Bybit DRAMUSDT | +0.0002% | 8h | 61.010 | 0.000% | $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 | +0.0010% | 8h | 60.990 | −0.033% | $5.4M | $6.0M | 50x | as long as short |
| BloFin DRAM-USDT | +0.0028% | 8h | 61.000 | −0.016% | $297K | $26K | 20x | as long as short |
| Extended DRAM-USD | +0.0032% | 1h | 60.943 | −0.110% | $77K | $196K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0032% | 8h | 60.960 | −0.082% | $7.7M | $5.7M | 100x | as long as short |
| Binance DRAMUSDT | +0.0032% | 8h | 60.960 | −0.082% | $43.7M | $88.7M | 50x | as long as short |
| Aftermath Perps DRAMUSD | +0.0035% | 1h | 60.987 | −0.038% | $1K | $30K | 5x | as long as short |
| edgeX DRAMUSDC | +0.0037% | 4h | 60.963 | −0.076% | $148K | $298K | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.950 | −0.098% | $47K | $67K | 10x | as long as short |
| QFEX DRAM-USD | +0.0040% | 1h | 60.970 | −0.066% | $992K | $84K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.940 | −0.115% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.931 | −0.129% | $179K | $480K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.928 | −0.134% | $253K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.973 | −0.061% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.Pshort | +0.0050% | 1h | 60.930 | −0.131% | $1.1M | $3.5M | 10x | |
| Pacifica DRAM | +0.0100% | 1h | 60.986 | −0.039% | $73K | $38K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.950 | −0.098% | $3.0M | $422K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.960 | −0.082% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.970 | −0.066% | $8K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0102% | 8h | 60.970 | −0.065% | — | — | 5x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.965 | −0.073% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0176% | 1h | 60.910 | −0.164% | $523K | $75K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0201% | 1h | 60.944 | −0.108% | $78.8M | $35.9M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0242% | 1h | 60.960 | −0.082% | $13K | $3K | 20x | as long as short |
| Lighter DRAM | +0.0368% | 1h | 60.995 | −0.025% | $1.1M | $1.2M | 20x | as long as short |
Bitget DRAMUSDT
Aster DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
Variational Omni DRAM
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Bybit DRAMUSDT
OKX DRAM-USDT-SWAP
BloFin DRAM-USDT
Extended DRAM-USD
MEXC DRAM_USDT
Binance DRAMUSDT
Aftermath Perps DRAMUSD
edgeX DRAMUSDC
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Paradex DRAM-USD-PERP
Coinbase International DRAM-PERP-INTX
tradeXYZ xyz:DRAM
Deribit DRAM_USDC-PERPETUAL
Lighter DRAM