DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0090%/8h= −9.8% APRnext payment −$0.11 per $10,000 · paid last 24h +0.006%

Price spread now: Entropy against Coinbase International+0.495%7-day average +0.162% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Entropy

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.048%−$5 on $10k

Price spread, last 4 days (all we have)−0.495%−$49 · spread now +0.495%, 7d avg +0.162%

Together, before fees−0.542%−$54 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Entropy is 0.333% dearer against Coinbase International than usual: you sell high and buy low (spread +0.495% now, against its 7-day average of +0.162%): +$33 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 5 days (−0.048% in total) that is about 32 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International DRAM-PERP-INTX	62.040	0.0184	pay 0.0023% / 1h	4m 08s	$534K	$74K	20x
Short	Entropy io:DRAM	62.347	0.0094	get 0.0012% / 1h	4m 08s	$246K	$413K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Entropy against Coinbase International. 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 Coinbase InternationalbpFee EntropybpOrdersPrice spread, now +0.495%Rate

Funding earned: −$18.89
Price spread: +0.495% → +0.162%: $33.27
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Entropy: 9 bp × 2 orders: −$18
Net: −$13.62
Costs to cover: 0.280%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 59 min ago; Entropy: live order book, 31 min ago. 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 Coinbase International live order book, 59 min ago	4.82 bp	9.8 bp −$10	14.9 bp −$149	doesn't fit	doesn't fit
Sell Entropy live order book, 31 min ago	2.49 bp	doesn't fit	doesn't fit	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/USDC	0.0000%	1h	62.390	+0.564%	$443K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.390	+0.564%	$704	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.370	+0.532%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.390	+0.564%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	62.363	+0.521%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.370	+0.532%	$51K	$80K	10x	as long as short
edgeX DRAMUSDC	+0.0043%	4h	62.379	+0.547%	$151K	$297K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.350	+0.500%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.365	+0.524%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.379	+0.546%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.330	+0.467%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0055%	1h	62.370	+0.532%	$1.0M	$78K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0071%	1h	62.380	+0.548%	$13K	$3K	20x	as long as short
Entropy io:DRAMshort	+0.0094%	1h	62.347	+0.495%	$246K	$413K	25x
Lighter DRAM	+0.0096%	1h	62.373	+0.537%	$969K	$1.0M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.364	+0.522%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.390	+0.564%	$3.0M	$389K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.330	+0.467%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.410	+0.596%	$9K	—	10x	as long as short
Bitget DRAMUSDT	+0.0103%	8h	62.400	+0.580%	$26.3M	$13.2M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.407	+0.591%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0120%	8h	62.398	+0.577%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0126%	8h	62.387	+0.560%	$36K	$162K	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0171%	8h	62.390	+0.564%	$5.5M	$4.4M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0176%	1h	62.354	+0.506%	$81.8M	$36.0M	20x	as long as short
Coinbase International DRAM-PERP-INTXlong	+0.0184%	1h	62.040	long leg	$534K	$74K	20x
Bybit DRAMUSDT	+0.0248%	8h	62.430	+0.629%	$9.7M	$10.0M	100x	as long as short
Aster DRAMUSDT	+0.0361%	8h	62.421	+0.614%	$201K	$36K	20x	as long as short
Variational Omni DRAM	+0.0441%	8h	62.393	+0.569%	$2.4M	$717K	—	as long as short
MEXC DRAM_USDT	+0.0479%	8h	62.380	+0.548%	$9.2M	$5.6M	100x	as long as short
Binance DRAMUSDT	+0.0479%	8h	62.390	+0.564%	$44.9M	$80.9M	50x	as long as short
Extended DRAM-USD	+0.0480%	1h	62.374	+0.539%	$76K	$637K	10x	as long as short
Gate DRAM_USDT	+0.0574%	8h	62.430	+0.629%	$8.2M	$3.6M	75x	as long as short
BloFin DRAM-USDT	+0.0696%	8h	62.380	+0.548%	$302K	$26K	20x	as long as short