DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0102%/8h= +11.1% APRnext payment +$0.13 per $10,000 · paid last 24h −0.004%

Price spread now: Coinbase International against Entropy−0.420%7-day average −0.160% · you buy dearer than you sell

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

Long on Entropy Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.049%+$5 on $10k

Price spread, last 4 days (all we have)+0.506%+$51 · spread now −0.420%, 7d avg −0.160%

Together, before fees+0.556%+$56 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.260% cheaper against Entropy than usual: you would sell low and buy high (spread −0.420% now, against its 7-day average of −0.160%). If the spread goes back, that is −$26 on $10k: about 8.5 days of funding at the current rate (+$3 a day). At the pace of the last 5 days (+0.049% in total) that is about 25 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Entropy io:DRAM	61.368	0.0082	pay 0.0010% / 1h	5m 09s	$169K	$470K	25x
Short	Coinbase International DRAM-PERP-INTX	61.110	0.0184	get 0.0023% / 1h	5m 09s	$525K	$75K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Entropy. 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 EntropybpFee Coinbase InternationalbpOrdersPrice spread, now −0.420%Rate

Funding earned: $21.36
Price spread: −0.420% → −0.160%: −$26.04
Slippage, 4 orders: no order book: not counted
Fee Entropy: 9 bp × 2 orders: −$18
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$32.68
Costs to cover: 0.280%
Break-even: 17.7 days

Slippage unknown: Entropy: live order book, 70 min ago; Coinbase International: live order book, 43 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 Entropy live order book, 70 min ago	2.11 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 43 min ago	4.06 bp	9.1 bp −$9	14.9 bp −$149	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	−0.0478%	8h	61.440	+0.117%	$26.1M	$14.4M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.429	+0.099%	$425K	$506K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.470	+0.166%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.462	+0.153%	$36K	$196K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.440	+0.117%	$847	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.310	−0.095%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.420	+0.085%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0016%	8h	61.450	+0.134%	$9.4M	$10.2M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.345	−0.038%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.380	+0.020%	$48K	$69K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.420	+0.085%	—	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0046%	8h	61.440	+0.117%	$5.5M	$5.7M	50x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.430	+0.101%	$1.0M	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.412	+0.072%	$255K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.415	+0.077%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.390	+0.036%	$1.1M	$3.4M	10x	as long as short
Aster DRAMUSDT	+0.0063%	8h	61.457	+0.145%	$198K	$35K	20x	as long as short
edgeX DRAMUSDC	+0.0073%	4h	61.428	+0.098%	$149K	$298K	20x	as long as short
Entropy io:DRAMlong	+0.0082%	1h	61.368	long leg	$169K	$470K	25x
Pacifica DRAM	+0.0100%	1h	61.395	+0.045%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.410	+0.068%	$3.0M	$411K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.490	+0.199%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.430	+0.101%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.410	+0.068%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0106%	8h	61.444	+0.124%	$2.3M	$669K	—	as long as short
Paradex DRAM-USD-PERP	+0.0122%	8h	61.426	+0.094%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0147%	1h	61.409	+0.067%	$79.5M	$36.1M	20x	as long as short
Binance DRAMUSDT	+0.0168%	8h	61.420	+0.085%	$44.0M	$87.0M	50x	as long as short
Extended DRAM-USD	+0.0168%	1h	61.406	+0.062%	$76K	$188K	10x	as long as short
MEXC DRAM_USDT	+0.0170%	8h	61.420	+0.085%	$8.1M	$5.7M	100x	as long as short
Coinbase International DRAM-PERP-INTXshort	+0.0184%	1h	61.110	−0.420%	$525K	$75K	20x
BloFin DRAM-USDT	+0.0191%	8h	61.470	+0.166%	$298K	$26K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0239%	1h	61.420	+0.085%	$13K	$3K	20x	as long as short
Lighter DRAM	+0.0240%	1h	61.432	+0.104%	$1.1M	$1.2M	20x	as long as short