Funding you earn now, next payment 02:00 UTC+0.0553%/8h= +60.6% APRpaid last 24h +0.056%
Price spread now: Binance against Ondo Perps+0.020%46s7-day average +0.107% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 2 days (all we have)+0.094%+$9 · spread now +0.020%, 7d avg +0.107%
=Together, before fees+0.154%+ Points / potential airdropOndo Perps: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.088% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.020% now, against its 7-day average of +0.107%). If the spread goes back, that is −$9 on $10k: about 13 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.061% in total) that is about 10 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.061% in total (about 3.2% a year). A funding rate is set anew for every payment. 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 | Ondo Perps DRAM-USD.P | 62.160 | 0.0050 | pay 0.0006% / 1h | 38m 50s | $1.1M | $1.8M | 10x |
| Short | Binance DRAMUSDT | 62.172 | 0.0604 | get 0.0604% / 8h | 6h 38m | $44.6M | $82.3M | 50x |
Ondo Perps DRAM-USD.P
Binance DRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $116.17
- Price spread: +0.020% → +0.107%
- −$8.76
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $92.41
- Costs to cover
- 0.150%
- Break-even
- 1.4 days
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 4 min ago. 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 Binance live order book, 4 min ago | 0.80 bp | 7.3 bp −$7 | 9.9 bp −$99 | 38.2 bp −$3,816 | doesn't fit |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX DRAM-USDT | 0.0000% | 8h | 62.180 | +0.032% | $890 | $2.9M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.180 | +0.032% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.170 | +0.016% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0009% | 4h | 62.195 | +0.056% | $151K | $295K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0034% | 1h | 62.161 | +0.001% | $1K | $34K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.170 | +0.016% | $50K | $82K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.090 | −0.113% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0046% | 1h | 62.130 | −0.048% | $1.0M | $78K | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 62.145 | −0.024% | $252K | $434K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.122 | −0.061% | $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
QFEX DRAM-USD
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 | −0.016% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.Plong | +0.0050% | 1h | 62.160 | long leg | $1.1M | $1.8M | 10x | |
| Pacifica DRAM | +0.0100% | 1h | 62.117 | −0.070% | $76K | $43K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.130 | −0.048% | $3.0M | $406K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.210 | +0.080% | $22K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.190 | +0.048% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.189 | +0.046% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0128% | 1h | 62.164 | +0.006% | $966K | $1.0M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.130 | −0.048% | $534K | $93K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0187% | 8h | 62.132 | −0.045% | — | — | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0225% | 8h | 62.190 | +0.048% | $5.5M | $4.7M | 50x | as long as short |
| tradeXYZ xyz:DRAM | +0.0234% | 1h | 62.162 | +0.003% | $81.8M | $36.8M | 20x | as long as short |
| Bybit DRAMUSDT | +0.0358% | 8h | 62.210 | +0.080% | $9.6M | $10.2M | 100x | as long as short |
| Bitget DRAMUSDT | +0.0393% | 8h | 62.190 | +0.048% | $26.0M | $12.8M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0394% | 1h | 62.150 | −0.016% | $13K | $3K | 20x | as long as short |
| Aster DRAMUSDT | +0.0476% | 8h | 62.181 | +0.034% | $200K | $36K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0544% | 8h | 62.212 | +0.083% | $37K | $152K | 10x | as long as short |
| Variational Omni DRAM | +0.0568% | 8h | 62.195 | +0.057% | $2.4M | $758K | — | as long as short |
| Gate DRAM_USDT | +0.0599% | 8h | 62.190 | +0.048% | $8.2M | $3.4M | 75x | as long as short |
| Extended DRAM-USD | +0.0600% | 1h | 62.156 | −0.006% | $75K | $663K | 10x | as long as short |
| Binance DRAMUSDTshort | +0.0604% | 8h | 62.172 | +0.020% | $44.6M | $82.3M | 50x | |
| MEXC DRAM_USDT | +0.0605% | 8h | 62.170 | +0.016% | $9.7M | $5.9M | 100x | as long as short |
| RISEx DRAM/USDC | +0.0835% | 1h | 62.142 | −0.028% | $448K | $504K | 20x | as long as short |
| BloFin DRAM-USDT | +0.0951% | 8h | 62.380 | +0.354% | $301K | $26K | 20x | as long as short |
SoDEX DRAM-USD
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
Extended DRAM-USD
MEXC DRAM_USDT
RISEx DRAM/USDC
BloFin DRAM-USDT