Funding spread now, next payment 17:00 UTC−0.0239%/8h
paid, last 24h−0.019%paid, last 3 days−0.006%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid -0.006% in total (about -0.8% 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 | Deribit DRAM_USDC-PERPETUAL | 61.430 | 0.0239 | pay 0.0030% / 1h | 44m 57s | $13K | $8K | 20x |
| Short | Binance DRAMUSDT | 61.416 | 0 | get 0.0000% / 8h | 7h 44m | $43.8M | $70.4M | 50x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$50.11
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$67.11
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Binance: live order book, 14 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.022%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 14 min ago | 0.82 bp | 5.8 bp −$6 | 7.9 bp −$79 | 33.5 bp −$3,350 | 215.5 bp −$107.7K |
Deribit: 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 33 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Aster DRAMUSDT | 0.0000% | 8h | $194K | $19K | 20x | as long as short |
| Extended DRAM-USD | 0.0000% | 1h | $74K | $712K | 10x | as long as short |
| Binance DRAMUSDTshort | 0.0000% | 8h | $43.8M | $70.4M | 50x | |
| Bybit DRAMUSDT | 0.0000% | 8h | $9.0M | $8.8M | 100x | as long as short |
| OKX DRAM-USDT-SWAP | 0.0000% | 8h | $5.3M | $4.7M | 50x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | $439K | $400K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | $8.1M | $3.1M | 75x | as long as short |
| MEXC DRAM_USDT | 0.0000% | 8h | $10.9M | $6.1M | 100x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | $25.9M | $10.9M | 20x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | $2.4M | $1.1M | — | as long as short |
Deribit DRAM_USDC-PERPETUAL
Binance DRAMUSDT
Aster DRAMUSDT
Extended DRAM-USD
Bybit DRAMUSDT
OKX DRAM-USDT-SWAP
RISEx DRAM/USDC
Gate DRAM_USDT
MEXC DRAM_USDT
Bitget DRAMUSDT
Variational Omni DRAM
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Lighter DRAM
tradeXYZ xyz:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Paradex DRAM-USD-PERP
Coinbase International DRAM-PERP-INTX
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
BloFin DRAM-USDT