DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0280%/8h= −30.7% APRnext payment −$0.35 per $10,000 · paid last 24h −0.012%

Price spread now: RISEx against Extended+0.051%7-day average +0.033% · 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−$15as in the Price arb table

costs, in and out, $10k−$160.164% of the position

Long on Extended Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.023%+$2 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.051%, 7d avg +0.033%

Together, before fees+0.033%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.023% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.35 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DRAM-USD	61.200	0.0280	pay 0.0035% / 1h	55m 19s	$98K	$293K	10x
Short	RISEx DRAM/USDC	61.231	0	get 0.0000% / 1h	55m 19s	$460K	$367K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.051%Rate

Funding earned: −$58.8
Price spread: +0.051% → +0.033%: $1.81
Slippage, 4 orders: −$5.35
Fee Extended: 2.5 bp × 2 orders: −$5
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$73.35
Costs to cover: 0.164%
Break-even: never at this rate

Slippage from Extended: live order book, 50 min ago; RISEx: live order book, 51 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, 50 min ago	0.82 bp	3.6 bp −$4	7.4 bp −$74	doesn't fit	doesn't fit
Sell RISEx live order book, 51 min ago	1.55 bp	4.5 bp −$5	5.0 bp −$50	doesn't fit	doesn't fit

DRAM on 34 exchanges

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
Bybit DRAMUSDT	0.0000%	8h	61.250	+0.082%	$9.5M	$11.2M	100x	as long as short
RISEx DRAM/USDCshort	0.0000%	1h	61.231	+0.051%	$460K	$367K	20x
Bitget DRAMUSDT	0.0000%	8h	61.240	+0.066%	$26.7M	$17.0M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.220	+0.033%	$699	$2.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.180	−0.032%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.210	+0.017%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0004%	4h	61.242	+0.069%	$149K	$298K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.211	+0.018%	$1K	$26K	5x	as long as short
QFEX DRAM-USD	+0.0032%	1h	61.240	+0.066%	$1.0M	$98K	10x	as long as short
Lighter DRAM	+0.0032%	1h	61.216	+0.026%	$1.1M	$1.4M	20x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus DRAM-USD	+0.0040%	1h	61.190	−0.016%	$59K	$80K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.220	+0.033%	—	—	10x	as long as short
Gate DRAM_USDT	+0.0047%	8h	61.240	+0.066%	$8.0M	$3.4M	75x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.255	+0.090%	$302K	$1.7M	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.202	+0.004%	$255K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.199	−0.001%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.180	−0.032%	$1.1M	$3.7M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0077%	1h	61.200	0.000%	$12K	$3K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0081%	1h	61.203	+0.005%	$79.4M	$38.9M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.227	+0.044%	$75K	$31K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.210	+0.017%	$3.0M	$410K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.220	+0.033%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.230	+0.049%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.232	+0.053%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0106%	8h	61.205	+0.009%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0169%	8h	61.250	+0.082%	$5.5M	$6.4M	50x	as long as short
Aster DRAMUSDT	+0.0183%	8h	61.235	+0.057%	$196K	$28K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0216%	1h	61.140	−0.098%	$536K	$91K	20x	as long as short
Variational Omni DRAM	+0.0220%	8h	61.199	−0.002%	$2.2M	$692K	—	as long as short
Binance DRAMUSDT	+0.0277%	8h	61.220	+0.033%	$44.3M	$98.2M	50x	as long as short
MEXC DRAM_USDT	+0.0278%	8h	61.230	+0.049%	$9.7M	$5.5M	100x	as long as short
Extended DRAM-USDlong	+0.0280%	1h	61.200	long leg	$98K	$293K	10x
GRVT DRAM_USDT_Perp	+0.0309%	8h	61.260	+0.098%	$36K	$230K	10x	as long as short
BloFin DRAM-USDT	+0.0679%	8h	61.270	+0.115%	$307K	$27K	20x	as long as short