DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.014%

Price spread now: Coinbase International against Extended−0.106%56s7-day average −0.133% · you buy dearer than you sell

Net, funding: paid 7d − costs−$8as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$250.247% of the position

Long on Extended Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.169%+$17 on $10k

Price spread, last 4 days (all we have)+0.200%+$20 · spread now −0.106%, 7d avg −0.133%

Together, before fees+0.369%+ Points / potential airdropExtended: Active · farm board+$37 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.027% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.133%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DRAM-USD	61.175	0.0128	pay 0.0016% / 1h	44m 20s	$74K	$190K	10x
Short	Coinbase International DRAM-PERP-INTX	61.110	0.0160	get 0.0020% / 1h	44m 20s	$525K	$75K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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 ExtendedbpFee Coinbase InternationalbpOrdersPrice spread, now −0.106%Rate

Funding earned: $6.72
Price spread: −0.106% → −0.133%: $2.71
Slippage, 4 orders: −$9.71
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$15.29
Costs to cover: 0.247%
Break-even: 22.9 days

Slippage from Extended: live order book, 62 min ago; Coinbase International: live order book, 64 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 Extended live order book, 62 min ago	0.41 bp	3.2 bp −$3	6.9 bp −$69	doesn't fit	doesn't fit
Sell Coinbase International live order book, 64 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	−0.0473%	8h	61.220	+0.074%	$26.0M	$14.5M	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.210	+0.058%	$9.4M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.210	+0.058%	$424K	$367K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.240	+0.107%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.243	+0.112%	$36K	$200K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.170	−0.008%	$733	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.170	−0.008%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.220	+0.074%	$1.7M	$1.3M	10x	as long as short
Aster DRAMUSDT	+0.0023%	8h	61.215	+0.066%	$197K	$35K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0029%	1h	61.205	+0.050%	$1K	$31K	5x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0029%	8h	61.200	+0.041%	$5.4M	$5.7M	50x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.200	+0.041%	$997K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.200	+0.041%	$48K	$68K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.190	+0.025%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.200	+0.041%	$169K	$469K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.181	+0.010%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.206	+0.051%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.170	−0.008%	$1.1M	$3.4M	10x	as long as short
Variational Omni DRAM	+0.0076%	8h	61.194	+0.032%	$2.3M	$682K	—	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0077%	1h	61.160	−0.024%	$13K	$3K	20x	as long as short
edgeX DRAMUSDC	+0.0090%	4h	61.214	+0.064%	$148K	$299K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0097%	1h	61.162	−0.021%	$79.2M	$35.9M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.235	+0.099%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.180	+0.009%	$3.0M	$414K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.250	+0.123%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.190	+0.025%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0103%	8h	61.201	+0.043%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.184	+0.015%	$4K	—	10x	as long as short
BloFin DRAM-USDT	+0.0117%	8h	61.250	+0.123%	$301K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0125%	8h	61.189	+0.023%	$43.8M	$87.4M	50x	as long as short
MEXC DRAM_USDT	+0.0125%	8h	61.190	+0.025%	$8.0M	$5.6M	100x	as long as short
Lighter DRAM	+0.0128%	1h	61.226	+0.084%	$1.1M	$1.2M	20x	as long as short
Extended DRAM-USDlong	+0.0128%	1h	61.175	long leg	$74K	$190K	10x
Coinbase International DRAM-PERP-INTXshort	+0.0160%	1h	61.110	−0.106%	$525K	$75K	20x