Funding you earn now, next payment 02:00 UTC−0.0554%/8h= −60.7% APRnext payment −$0.69 per $10,000 · paid last 24h −0.046%
Price spread now: QFEX against Extended−0.031%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$210.212% of the position
Funding, last 3 days (all we have)−0.057%−$6 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.031%, 7d avg +0.030%
=Together, before fees−0.019%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and QFEX is 0.061% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.030%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.057% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.69 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 | Extended DRAM-USD | 62.150 | 0.0600 | pay 0.0075% / 1h | 39m 06s | $75K | $663K | 10x |
| Short | QFEX DRAM-USD | 62.130 | 0.0046 | get 0.0006% / 1h | 39m 06s | $1.0M | $78K | 10x |
Extended DRAM-USD
QFEX DRAM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Extended. 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
- −$116.32
- Price spread: −0.031% → +0.030%
- −$6.1
- Slippage, 4 orders
- −$6.22
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$143.65
- Costs to cover
- 0.212%
- Break-even
- never at this rate
Slippage from Extended: live order book, 29 min ago; QFEX: live order book, 1 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, 29 min ago | 0.40 bp | 3.2 bp −$3 | 7.0 bp −$70 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 1 min ago | 2.41 bp | 7.4 bp −$7 | 8.7 bp −$87 | 13.8 bp −$1,376 | 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 | 62.180 | +0.049% | $890 | $2.9M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.180 | +0.049% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.170 | +0.033% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0009% | 4h | 62.195 | +0.072% | $151K | $295K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0034% | 1h | 62.161 | +0.018% | $1K | $34K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.170 | +0.033% | $50K | $82K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.090 | −0.096% | — | — | 10x | as long as short |
| QFEX DRAM-USDshort | +0.0046% | 1h | 62.130 | −0.031% | $1.0M | $78K | 10x | |
| Entropy io:DRAM | +0.0050% | 1h | 62.143 | −0.011% | $252K | $434K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.122 | −0.044% | $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
Entropy io:DRAM
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 | 62.150 | +0.001% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.160 | +0.017% | $1.1M | $1.8M | 10x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.117 | −0.053% | $76K | $43K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.130 | −0.031% | $3.0M | $406K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.210 | +0.097% | $22K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.190 | +0.065% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.189 | +0.063% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0128% | 1h | 62.155 | +0.009% | $965K | $1.0M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.130 | −0.031% | $534K | $93K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0187% | 8h | 62.132 | −0.028% | — | — | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0225% | 8h | 62.170 | +0.033% | $5.5M | $4.7M | 50x | as long as short |
| tradeXYZ xyz:DRAM | +0.0233% | 1h | 62.145 | −0.007% | $81.8M | $36.8M | 20x | as long as short |
| Bybit DRAMUSDT | +0.0358% | 8h | 62.210 | +0.097% | $9.6M | $10.2M | 100x | as long as short |
| Bitget DRAMUSDT | +0.0393% | 8h | 62.170 | +0.033% | $26.0M | $12.8M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0394% | 1h | 62.150 | +0.001% | $13K | $3K | 20x | as long as short |
| Aster DRAMUSDT | +0.0476% | 8h | 62.166 | +0.027% | $200K | $36K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0544% | 8h | 62.212 | +0.100% | $37K | $152K | 10x | as long as short |
| Variational Omni DRAM | +0.0568% | 8h | 62.195 | +0.074% | $2.4M | $758K | — | as long as short |
| Gate DRAM_USDT | +0.0599% | 8h | 62.190 | +0.065% | $8.2M | $3.4M | 75x | as long as short |
| Extended DRAM-USDlong | +0.0600% | 1h | 62.150 | long leg | $75K | $663K | 10x | |
| Binance DRAMUSDT | +0.0604% | 8h | 62.168 | +0.029% | $44.6M | $82.3M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0605% | 8h | 62.170 | +0.033% | $9.7M | $5.9M | 100x | as long as short |
| RISEx DRAM/USDC | +0.0835% | 1h | 62.142 | −0.011% | $448K | $504K | 20x | as long as short |
| BloFin DRAM-USDT | +0.0951% | 8h | 62.380 | +0.371% | $301K | $26K | 20x | as long as short |
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
Pacifica DRAM
KuCoin DRAMUSDTM
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
Bybit DRAMUSDT
Bitget DRAMUSDT
Deribit DRAM_USDC-PERPETUAL
Aster DRAMUSDT
GRVT DRAM_USDT_Perp
Variational Omni DRAM
Gate DRAM_USDT
Binance DRAMUSDT
MEXC DRAM_USDT
RISEx DRAM/USDC
BloFin DRAM-USDT