Funding you earn now, next payment 02:00 UTC+0.0785%/8h= +86.0% APRnext payment +$0.98 per $10,000 · paid last 24h +0.021%
Price spread now: RISEx against Entropy−0.021%7-day average +0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.015%+$1 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.021%, 7d avg +0.005%
=Funding pays, the price is against you. RISEx is 0.026% cheaper against Entropy than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.005%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$24 a day). At the pace of the last 3 days (+0.015% in total) that is about 6.0 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.015% in total (about 1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.98 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 | Entropy io:DRAM | 62.333 | 0.0050 | pay 0.0006% / 1h | 57m 30s | $254K | $449K | 25x |
| Short | RISEx DRAM/USDC | 62.320 | 0.0835 | get 0.0104% / 1h | 57m 30s | $455K | $501K | 20x |
Entropy io:DRAM
RISEx DRAM/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $164.84
- Price spread: −0.021% → +0.005%
- −$2.56
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $138.28
- Costs to cover
- 0.240%
- Break-even
- 1.1 days
Slippage unknown: Entropy: live order book, 58 min ago; RISEx: live order book, 11 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, 58 min ago | 2.25 bp | 13.4 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell RISEx live order book, 11 min ago | 1.36 bp | 4.4 bp −$4 | 5.7 bp −$57 | 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 | 62.360 | +0.043% | $781 | $3.0M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.440 | +0.172% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.310 | −0.037% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0034% | 1h | 62.379 | +0.074% | $1K | $34K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.370 | +0.059% | $51K | $83K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.280 | −0.085% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0046% | 1h | 62.290 | −0.069% | $1.0M | $78K | 10x | as long as short |
| Entropy io:DRAMlong | +0.0050% | 1h | 62.333 | long leg | $254K | $449K | 25x | |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.297 | −0.058% | $267K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.320 | −0.021% | $2K | $15K | 20x | as long as short |
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
Vest DRAM-USD-PERP
QFEX DRAM-USD
Polymarket Perps DRAM-USD
SoDEX DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.250 | −0.133% | $1.2M | $1.8M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0056% | 4h | 62.408 | +0.121% | $151K | $295K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0071% | 1h | 62.340 | +0.011% | $13K | $3K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.304 | −0.046% | $76K | $42K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.320 | −0.021% | $3.0M | $417K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.400 | +0.107% | $22K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.380 | +0.075% | $9K | — | 10x | as long as short |
| Lighter DRAM | +0.0104% | 1h | 62.319 | −0.022% | $968K | $1.0M | 20x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.356 | +0.037% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.390 | +0.091% | $540K | $91K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0188% | 1h | 62.290 | −0.069% | $82.0M | $37.7M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0224% | 8h | 62.313 | −0.032% | — | — | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0243% | 8h | 62.330 | −0.005% | $5.5M | $4.6M | 50x | as long as short |
| Bybit DRAMUSDT | +0.0426% | 8h | 62.362 | +0.047% | $9.6M | $10.4M | 100x | as long as short |
| Aster DRAMUSDT | +0.0508% | 8h | 62.371 | +0.061% | $201K | $36K | 20x | as long as short |
| Bitget DRAMUSDT | +0.0567% | 8h | 62.320 | −0.021% | $26.1M | $12.8M | 20x | as long as short |
| Variational Omni DRAM | +0.0600% | 8h | 62.414 | +0.130% | $2.4M | $751K | — | as long as short |
| Binance DRAMUSDT | +0.0636% | 8h | 62.320 | −0.021% | $44.9M | $82.2M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0637% | 8h | 62.320 | −0.021% | $9.7M | $5.9M | 100x | as long as short |
| Extended DRAM-USD | +0.0640% | 1h | 62.305 | −0.046% | $76K | $665K | 10x | as long as short |
| Gate DRAM_USDT | +0.0784% | 8h | 62.340 | +0.011% | $8.2M | $3.3M | 75x | as long as short |
| RISEx DRAM/USDCshort | +0.0835% | 1h | 62.320 | −0.021% | $455K | $501K | 20x | |
| BloFin DRAM-USDT | +0.0988% | 8h | 62.400 | +0.107% | $300K | $26K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.1010% | 8h | 62.440 | +0.172% | $37K | $152K | 10x | as long as short |
Ondo Perps DRAM-USD.P
edgeX DRAMUSDC
Deribit DRAM_USDC-PERPETUAL
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Lighter DRAM
Aevo DRAM-PERP
Coinbase International DRAM-PERP-INTX
tradeXYZ xyz:DRAM
Paradex DRAM-USD-PERP
OKX DRAM-USDT-SWAP
Bybit DRAMUSDT
Aster DRAMUSDT
Bitget DRAMUSDT
Variational Omni DRAM
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
Gate DRAM_USDT
BloFin DRAM-USDT
GRVT DRAM_USDT_Perp