Funding you earn now, next payment 08:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.63 per $10,000 · paid last 24h —
Price spread now: Paradex against OKX−0.061%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Paradex is 0.061% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 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 | OKX DRAM-USDT-SWAP | 62.250 | 0.0207 | pay 0.0207% / 8h | 5h 47m | $5.5M | $4.5M | 50x |
| Short | Paradex DRAM-USD-PERP | 62.212 | 0.0144 | get 0.0144% / 8h | 5h 47m | — | — | 5x |
OKX DRAM-USDT-SWAP
Paradex DRAM-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against OKX. 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
- −$13.21
- Price spread: −0.061% → 0.000%
- −$6.14
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$33.35
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 5 min ago; Paradex: no order-book sample. 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 OKX live order book, 5 min ago | 0.80 bp | 7.5 bp −$8 | 15.3 bp −$153 | 102.4 bp −$10.2K | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
DRAM on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx DRAM/USDC | 0.0000% | 1h | 62.229 | −0.034% | $442K | $506K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.210 | −0.064% | $785 | $2.8M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.220 | −0.048% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.250 | 0.000% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0031% | 1h | 62.227 | −0.037% | $1K | $33K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.270 | +0.032% | $51K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.200 | −0.080% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.215 | −0.056% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.239 | −0.018% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.170 | −0.129% | $1.2M | $2.0M | 10x | as long as short |
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.PShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX DRAM-USD | +0.0055% | 1h | 62.220 | −0.048% | $1.0M | $78K | 10x | as long as short |
| edgeX DRAMUSDC | +0.0058% | 4h | 62.298 | +0.077% | $151K | $297K | 20x | as long as short |
| Entropy io:DRAM | +0.0078% | 1h | 62.218 | −0.051% | $253K | $421K | 25x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.227 | −0.037% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.250 | 0.000% | $3.0M | $404K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.320 | +0.112% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.260 | +0.016% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.264 | +0.023% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0128% | 1h | 62.231 | −0.031% | $967K | $1.0M | 20x | as long as short |
| Bitget DRAMUSDT | +0.0133% | 8h | 62.250 | 0.000% | $26.2M | $13.2M | 20x | as long as short |
| Paradex DRAM-USD-PERPshort | +0.0144% | 8h | 62.212 | −0.061% | — | — | 5x | |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 62.040 | −0.337% | $534K | $76K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0186% | 1h | 62.214 | −0.058% | $82.1M | $36.9M | 20x | as long as short |
| OKX DRAM-USDT-SWAPlong | +0.0207% | 8h | 62.250 | long leg | $5.5M | $4.5M | 50x | |
| GRVT DRAM_USDT_Perp | +0.0231% | 8h | 62.312 | +0.099% | $36K | $155K | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0232% | 1h | 62.230 | −0.032% | $13K | $3K | 20x | as long as short |
| Bybit DRAMUSDT | +0.0281% | 8h | 62.278 | +0.045% | $9.7M | $10.0M | 100x | as long as short |
| Aster DRAMUSDT | +0.0426% | 8h | 62.256 | +0.010% | $200K | $36K | 20x | as long as short |
| Variational Omni DRAM | +0.0513% | 8h | 62.303 | +0.085% | $2.4M | $710K | — | as long as short |
| Gate DRAM_USDT | +0.0526% | 8h | 62.280 | +0.048% | $8.1M | $3.5M | 75x | as long as short |
| Extended DRAM-USD | +0.0544% | 1h | 62.223 | −0.043% | $75K | $669K | 10x | as long as short |
| Binance DRAMUSDT | +0.0548% | 8h | 62.240 | −0.016% | $44.7M | $81.5M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0549% | 8h | 62.230 | −0.032% | $9.6M | $5.5M | 100x | as long as short |
QFEX DRAM-USD
edgeX DRAMUSDC
Entropy io:DRAM
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Lighter DRAM
Bitget DRAMUSDT
Coinbase International DRAM-PERP-INTX
tradeXYZ xyz:DRAM
GRVT DRAM_USDT_Perp
Deribit DRAM_USDC-PERPETUAL
Bybit DRAMUSDT
Aster DRAMUSDT
Variational Omni DRAM
Gate DRAM_USDT
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT