DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.068%

Price spread now: Arcus against Ondo Perps+0.033%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

The price spread pays, funding is against you. Arcus is 0.033% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps DRAM-USD.P	61.100	0.0050	pay 0.0006% / 1h	26m 40s	$1.1M	$3.5M	10x
Short	Arcus DRAM-USD	61.120	0.0040	get 0.0005% / 1h	26m 40s	$48K	$68K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Ondo Perps. 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 Ondo PerpsbpFee ArcusbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$2.13
Price spread: +0.033% → 0.000%: $3.27
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$8.35
Costs to cover: 0.095%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Arcus: 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Arcus no order-book sample	—	—	—	—	—

Ondo Perps and Arcus: 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 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	−0.0583%	8h	61.190	+0.147%	$26.0M	$14.6M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	61.178	+0.128%	$197K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.179	+0.129%	$9.4M	$10.2M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.143	+0.070%	$423K	$353K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.200	+0.164%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.160	+0.099%	$36K	$201K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.140	+0.065%	$846	$2.6M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	61.140	+0.065%	$13K	$3K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.150	+0.082%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.150	+0.082%	$1.7M	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX DRAMUSDC	+0.0006%	4h	61.166	+0.108%	$148K	$300K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0006%	8h	61.180	+0.131%	$5.4M	$5.9M	50x	as long as short
Aftermath Perps DRAMUSD	+0.0029%	1h	61.117	+0.028%	$1K	$30K	5x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.150	+0.082%	$996K	$84K	10x	as long as short
BloFin DRAM-USDT	+0.0040%	8h	61.180	+0.131%	$300K	$26K	20x	as long as short
Arcus DRAM-USDshort	+0.0040%	1h	61.120	+0.033%	$48K	$68K	10x
Variational Omni DRAM	+0.0042%	8h	61.134	+0.056%	$2.3M	$682K	—	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.140	+0.065%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.116	+0.026%	$168K	$471K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.120	+0.033%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.135	+0.057%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.Plong	+0.0050%	1h	61.100	long leg	$1.1M	$3.5M	10x
tradeXYZ xyz:DRAM	+0.0078%	1h	61.126	+0.043%	$79.1M	$35.9M	20x	as long as short
Binance DRAMUSDT	+0.0087%	8h	61.141	+0.067%	$43.7M	$87.7M	50x	as long as short
Extended DRAM-USD	+0.0088%	1h	61.132	+0.052%	$74K	$189K	10x	as long as short
MEXC DRAM_USDT	+0.0088%	8h	61.150	+0.082%	$8.0M	$5.6M	100x	as long as short
Paradex DRAM-USD-PERP	+0.0089%	8h	61.148	+0.079%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	61.139	+0.064%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.140	+0.065%	$3.0M	$417K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.150	+0.082%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.140	+0.065%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.138	+0.062%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	+0.016%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0184%	1h	61.192	+0.151%	$1.1M	$1.2M	20x	as long as short