Funding spread now, next payment 18:00 UTC−0.0209%/8h
next payment, per $10,000−$0.26paid, last 24h−0.069%paid, last 3 days−0.050%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 -0.050% in total (about -5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.26 per $10,000. 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 | 61.420 | 0.0239 | pay 0.0030% / 1h | 47m 13s | $13K | $9K | 20x |
| Short | QFEX DRAM-USD | 61.410 | 0.0030 | get 0.0004% / 1h | 47m 13s | $1.0M | $55K | 10x |
Deribit DRAM_USDC-PERPETUAL
QFEX DRAM-USDFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$43.79
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$60.79
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; QFEX: live order book, 4 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.016%
- 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 QFEX live order book, 4 min ago | 2.44 bp | 7.4 bp −$7 | 8.3 bp −$83 | 11.8 bp −$1,185 | doesn't fit |
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 | $201K | $28K | 20x | as long as short |
| Extended DRAM-USD | 0.0000% | 1h | $74K | $712K | 10x | as long as short |
| Binance DRAMUSDT | 0.0000% | 8h | $43.6M | $72.0M | 50x | as long as short |
| Bybit DRAMUSDT | 0.0000% | 8h | $8.9M | $9.1M | 100x | as long as short |
| OKX DRAM-USDT-SWAP | 0.0000% | 8h | $5.4M | $4.7M | 50x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | $442K | $408K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | $8.1M | $3.2M | 75x | as long as short |
| MEXC DRAM_USDT | 0.0000% | 8h | $11.6M | $6.2M | 100x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | $26.0M | $11.1M | 20x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | $2.4M | $1.0M | — | as long as short |
Aster DRAMUSDT
Extended DRAM-USD
Binance DRAMUSDT
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
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
Paradex DRAM-USD-PERP
Lighter DRAM
Entropy io:DRAM
tradeXYZ xyz:DRAM
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
BloFin DRAM-USDT
Coinbase International DRAM-PERP-INTX
Arcus DRAM-USD