Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.031%
Price spread now: KuCoin against Entropy+0.060%7-day average −0.035% · 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−$91as in the Price arb table
costs, in and out, $10k−$1011.008% of the position
Funding, last 4 days (all we have)−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.060%, 7d avg −0.035%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.094% dearer against Entropy than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:DRAM | 62.133 | 0.0050 | pay 0.0006% / 1h | 35m 16s | $252K | $434K | 25x |
| Short | KuCoin DRAMUSDTM | 62.170 | 0.0100 | get 0.0100% / 8h | 6h 35m | $3.0M | $406K | 20x |
Entropy io:DRAM
KuCoin DRAMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.060% → −0.035%
- $9.42
- Slippage, 4 orders
- −$70.84
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$80.92
- Costs to cover
- 1.008%
- Break-even
- 60.9 days
Slippage from Entropy: live order book, 10 min ago; KuCoin: live order book, 7 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, 10 min ago | 3.21 bp | 17.7 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 0.80 bp | 24.5 bp −$24 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX DRAM-USDT | 0.0000% | 8h | 62.190 | +0.092% | $707 | $2.9M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.160 | +0.043% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.200 | +0.108% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0021% | 4h | 62.152 | +0.031% | $150K | $296K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0034% | 1h | 62.166 | +0.053% | $1K | $34K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.160 | +0.043% | $50K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.130 | −0.005% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0046% | 1h | 62.170 | +0.060% | $1.0M | $78K | 10x | as long as short |
| Entropy io:DRAMlong | +0.0050% | 1h | 62.133 | long leg | $252K | $434K | 25x | |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.164 | +0.050% | $266K | $1.3M | 10x | as long as short |
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Arcus DRAM-USD
Vest DRAM-USD-PERP
QFEX DRAM-USD
Polymarket Perps DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX DRAM-USD | +0.0050% | 1h | 62.184 | +0.082% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.110 | −0.037% | $1.1M | $1.8M | 10x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.138 | +0.008% | $76K | $43K | 10x | as long as short |
| KuCoin DRAMUSDTMshort | +0.0100% | 8h | 62.170 | +0.060% | $3.0M | $406K | 20x | |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.190 | +0.092% | $22K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.220 | +0.140% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.214 | +0.131% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0152% | 1h | 62.191 | +0.093% | $966K | $1.0M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.130 | −0.005% | $534K | $93K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0185% | 8h | 62.170 | +0.059% | — | — | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0226% | 8h | 62.200 | +0.108% | $5.5M | $4.7M | 50x | as long as short |
| tradeXYZ xyz:DRAM | +0.0235% | 1h | 62.165 | +0.052% | $81.8M | $36.9M | 20x | as long as short |
| Bitget DRAMUSDT | +0.0344% | 8h | 62.200 | +0.108% | $26.0M | $12.8M | 20x | as long as short |
| Bybit DRAMUSDT | +0.0370% | 8h | 62.240 | +0.172% | $9.6M | $10.1M | 100x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0394% | 1h | 62.180 | +0.076% | $13K | $3K | 20x | as long as short |
| Aster DRAMUSDT | +0.0474% | 8h | 62.201 | +0.110% | $200K | $36K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0518% | 8h | 62.189 | +0.089% | $37K | $152K | 10x | as long as short |
| Variational Omni DRAM | +0.0564% | 8h | 62.175 | +0.068% | $2.4M | $758K | — | as long as short |
| Gate DRAM_USDT | +0.0581% | 8h | 62.210 | +0.124% | $8.2M | $3.4M | 75x | as long as short |
| Extended DRAM-USD | +0.0600% | 1h | 62.184 | +0.082% | $75K | $663K | 10x | as long as short |
| Binance DRAMUSDT | +0.0601% | 8h | 62.200 | +0.108% | $44.6M | $82.2M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0602% | 8h | 62.190 | +0.092% | $9.7M | $5.9M | 100x | as long as short |
| RISEx DRAM/USDC | +0.0835% | 1h | 62.184 | +0.083% | $448K | $504K | 20x | as long as short |
| BloFin DRAM-USDT | +0.0951% | 8h | 62.380 | +0.398% | $301K | $26K | 20x | as long as short |
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
Pacifica DRAM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Lighter DRAM
Coinbase International DRAM-PERP-INTX
Paradex DRAM-USD-PERP
OKX DRAM-USDT-SWAP
tradeXYZ xyz:DRAM
Bitget DRAMUSDT
Bybit DRAMUSDT
Deribit DRAM_USDC-PERPETUAL
Aster DRAMUSDT
GRVT DRAM_USDT_Perp
Variational Omni DRAM
Gate DRAM_USDT
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
RISEx DRAM/USDC
BloFin DRAM-USDT