Funding you earn now, next payment 04:00 UTC−0.0393%/8h= −43.1% APRpaid last 24h −0.025%
Price spread now: RISEx against BloFin−0.059%97s7-day average −0.004% · 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−$270.275% of the position
Funding, last 4 days (all we have)−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.059%, 7d avg −0.004%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and RISEx is 0.055% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.004%). Swap the legs. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.012% in total (about -1.2% 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 | BloFin DRAM-USDT | 62.430 | 0.0393 | pay 0.0393% / 8h | 4h 07m | $302K | $26K | 20x |
| Short | RISEx DRAM/USDC | 62.393 | 0 | get 0.0000% / 1h | 7m 19s | $440K | $502K | 20x |
BloFin DRAM-USDT
RISEx DRAM/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against BloFin. 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
- −$82.63
- Price spread: −0.059% → −0.004%
- −$5.53
- Slippage, 4 orders
- −$9.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$115.64
- Costs to cover
- 0.275%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 27 min ago; RISEx: live order book, 51 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 BloFin live order book, 27 min ago | 1.60 bp | 10.1 bp −$10 | 12.1 bp −$121 | 34.8 bp −$3,478 | doesn't fit |
| Sell RISEx live order book, 51 min ago | 1.36 bp | 4.4 bp −$4 | 5.7 bp −$57 | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx DRAM/USDCshort | 0.0000% | 1h | 62.393 | −0.059% | $440K | $502K | 20x | |
| SunX DRAM-USDT | 0.0000% | 8h | 62.410 | −0.032% | $926 | $2.7M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.400 | −0.048% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.400 | −0.048% | $1.7M | $1.3M | 10x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0005% | 8h | 62.430 | 0.000% | $37K | $174K | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0020% | 1h | 62.382 | −0.076% | $1K | $32K | 5x | as long as short |
| Lighter DRAM | +0.0040% | 1h | 62.403 | −0.043% | $1.0M | $1.1M | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.400 | −0.048% | $49K | $77K | 10x | as long as short |
| edgeX DRAMUSDC | +0.0043% | 4h | 62.423 | −0.011% | $151K | $297K | 20x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.370 | −0.096% | — | — | 10x | as long as short |
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
GRVT DRAM_USDT_Perp
Aftermath Perps DRAMUSD
Lighter DRAM
Arcus DRAM-USD
edgeX DRAMUSDC
Vest DRAM-USD-PERPShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.376 | −0.086% | $267K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.412 | −0.029% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.390 | −0.064% | $1.1M | $2.3M | 10x | as long as short |
| QFEX DRAM-USD | +0.0052% | 1h | 62.370 | −0.096% | $1.0M | $78K | 10x | as long as short |
| Bitget DRAMUSDT | +0.0062% | 8h | 62.400 | −0.048% | $26.2M | $13.4M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0071% | 1h | 62.400 | −0.048% | $13K | $3K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0083% | 8h | 62.398 | −0.052% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0093% | 1h | 62.382 | −0.077% | $81.7M | $35.3M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0094% | 8h | 62.420 | −0.016% | $5.5M | $4.5M | 50x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.377 | −0.085% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.380 | −0.080% | $3.0M | $394K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.470 | +0.064% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.410 | −0.032% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.406 | −0.039% | $4K | — | 10x | as long as short |
| Bybit DRAMUSDT | +0.0127% | 8h | 62.426 | −0.006% | $9.7M | $9.7M | 100x | as long as short |
| Entropy io:DRAM | +0.0150% | 1h | 62.397 | −0.053% | $183K | $440K | 25x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.330 | −0.160% | $535K | $75K | 20x | as long as short |
| Aster DRAMUSDT | +0.0243% | 8h | 62.414 | −0.026% | $201K | $35K | 20x | as long as short |
| Variational Omni DRAM | +0.0318% | 8h | 62.423 | −0.010% | $2.4M | $747K | — | as long as short |
| Binance DRAMUSDT | +0.0356% | 8h | 62.393 | −0.059% | $44.9M | $80.1M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0359% | 8h | 62.380 | −0.080% | $8.9M | $5.5M | 100x | as long as short |
| Extended DRAM-USD | +0.0360% | 1h | 62.382 | −0.076% | $76K | $622K | 10x | as long as short |
| BloFin DRAM-USDTlong | +0.0393% | 8h | 62.430 | long leg | $302K | $26K | 20x | |
| Gate DRAM_USDT | +0.0634% | 8h | 62.430 | 0.000% | $8.2M | $3.5M | 75x | as long as short |
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
QFEX DRAM-USD
Bitget DRAMUSDT
Deribit DRAM_USDC-PERPETUAL
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
OKX DRAM-USDT-SWAP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Bybit DRAMUSDT
Entropy io:DRAM
Coinbase International DRAM-PERP-INTX
Aster DRAMUSDT
Variational Omni DRAM
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
Gate DRAM_USDT