Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.004%
Price spread now: Aster against Entropy+0.026%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$730.733% of the position
Funding, last 5 days (all we have)−0.085%−$8 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.026%, 7d avg +0.001%
=Together, before fees−0.093%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.025% dearer against Entropy than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of +0.001%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 40 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:DRAM | 60.928 | 0.0050 | pay 0.0006% / 1h | 1m 41s | $179K | $481K | 25x |
| Short | Aster DRAMUSDT | 60.944 | 0 | get 0.0000% / 8h | 1h 01m | $196K | $35K | 20x |
Entropy io:DRAM
Aster DRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Entropy. 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
- −$10.5
- Price spread: +0.026% → +0.001%
- $2.48
- Slippage, 4 orders
- −$47.31
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$81.33
- Costs to cover
- 0.733%
- Break-even
- never at this rate
Slippage from Entropy: live order book, 63 min ago; Aster: live order book, 40 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 Entropy live order book, 63 min ago | 2.44 bp | 22.6 bp −$23 | 101.7 bp −$1,017 | doesn't fit | doesn't fit |
| Sell Aster live order book, 40 min ago | 2.45 bp | 10.5 bp −$10 | 12.0 bp −$120 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0661% | 8h | 60.980 | +0.085% | $26.1M | $14.8M | 20x | as long as short |
| Aster DRAMUSDTshort | 0.0000% | 8h | 60.944 | +0.026% | $196K | $35K | 20x | |
| Bybit DRAMUSDT | 0.0000% | 8h | 60.976 | +0.079% | $9.4M | $10.2M | 100x | as long as short |
| OKX DRAM-USDT-SWAP | 0.0000% | 8h | 60.970 | +0.069% | $5.4M | $5.9M | 50x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.937 | +0.014% | $422K | $348K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 61.010 | +0.135% | $8.0M | $3.8M | 75x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 61.044 | +0.191% | $2.3M | $581K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.030 | +0.167% | $36K | $204K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.950 | +0.036% | $594 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.950 | +0.036% | $27K | $3K | 20x | as long as short |
Bitget DRAMUSDT
Bybit DRAMUSDT
OKX DRAM-USDT-SWAP
RISEx DRAM/USDC
Gate DRAM_USDT
Variational Omni DRAM
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex DRAMUSDT | 0.0000% | 8h | 60.960 | +0.053% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0029% | 1h | 60.973 | +0.073% | $1K | $30K | 5x | as long as short |
| QFEX DRAM-USD | +0.0039% | 1h | 60.950 | +0.036% | $993K | $84K | 10x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.970 | +0.069% | $48K | $67K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.940 | +0.020% | — | — | 10x | as long as short |
| MEXC DRAM_USDT | +0.0046% | 8h | 60.930 | +0.003% | $7.7M | $5.8M | 100x | as long as short |
| Binance DRAMUSDT | +0.0047% | 8h | 60.952 | +0.040% | $43.6M | $88.0M | 50x | as long as short |
| Extended DRAM-USD | +0.0048% | 1h | 60.933 | +0.008% | $74K | $190K | 10x | as long as short |
| Entropy io:DRAMlong | +0.0050% | 1h | 60.928 | long leg | $179K | $481K | 25x | |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.945 | +0.028% | $253K | $1.4M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.937 | +0.015% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.880 | −0.079% | $1.1M | $3.5M | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0081% | 8h | 60.925 | −0.004% | — | — | 5x | as long as short |
| edgeX DRAMUSDC | +0.0099% | 4h | 61.029 | +0.165% | $148K | $299K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.955 | +0.045% | $73K | $46K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.910 | −0.030% | $3.0M | $420K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.030 | +0.167% | $21K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.950 | +0.036% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.934 | +0.010% | $4K | — | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0106% | 1h | 60.911 | −0.028% | $78.8M | $35.9M | 20x | as long as short |
| BloFin DRAM-USDT | +0.0120% | 8h | 60.980 | +0.085% | $298K | $26K | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0160% | 1h | 61.110 | +0.299% | $525K | $75K | 20x | as long as short |
| Lighter DRAM | +0.0248% | 1h | 60.941 | +0.021% | $1.1M | $1.2M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0407% | 1h | 60.920 | −0.013% | $13K | $3K | 20x | as long as short |
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
QFEX DRAM-USD
Arcus DRAM-USD
Vest DRAM-USD-PERP
MEXC DRAM_USDT
Binance DRAMUSDT
Extended DRAM-USD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
Paradex DRAM-USD-PERP
edgeX DRAMUSDC
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
tradeXYZ xyz:DRAM
BloFin DRAM-USDT
Coinbase International DRAM-PERP-INTX
Lighter DRAM
Deribit DRAM_USDC-PERPETUAL