Funding you earn now, next payment 07:00 UTC+0.0034%/8h= +3.8% APRpaid last 24h +0.007%
Price spread now: edgeX against Ondo Perps+0.206%54s7-day average +0.102% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.206%, 7d avg +0.102%
=Together, before fees−0.121%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.104% dearer against Ondo Perps than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.102%. The two prices were read 54 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 | Ondo Perps DRAM-USD.P | 61.090 | 0.0050 | pay 0.0006% / 1h | 40m 19s | $1.1M | $3.4M | 10x |
| Short | edgeX DRAMUSDC | 61.216 | 0.0085 | get 0.0042% / 4h | 1h 40m | $148K | $299K | 20x |
Ondo Perps DRAM-USD.P
edgeX DRAMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $7.24
- Price spread: +0.206% → +0.102%
- $10.41
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $3.65
- Costs to cover
- 0.140%
- Break-even
- 3.5 days
Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 3 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 edgeX live order book, 3 min ago | 2.45 bp | 7.4 bp −$7 | 15.6 bp −$156 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0504% | 8h | 61.140 | +0.082% | $26.0M | $14.5M | 20x | as long as short |
| Bybit DRAMUSDT | 0.0000% | 8h | 61.140 | +0.082% | $9.4M | $10.3M | 100x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 61.120 | +0.049% | $423K | $367K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 61.170 | +0.131% | $8.0M | $3.7M | 75x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.202 | +0.183% | $36K | $200K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.120 | +0.049% | $460 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.100 | +0.016% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.120 | +0.049% | $1.7M | $1.3M | 10x | as long as short |
| Aster DRAMUSDT | +0.0011% | 8h | 61.138 | +0.078% | $197K | $35K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0024% | 8h | 61.130 | +0.065% | $5.4M | $5.9M | 50x | as long as short |
Bitget DRAMUSDT
Bybit DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aster DRAMUSDT
OKX DRAM-USDT-SWAPShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps DRAMUSD | +0.0030% | 1h | 61.143 | +0.087% | $1K | $31K | 5x | as long as short |
| QFEX DRAM-USD | +0.0039% | 1h | 61.130 | +0.065% | $996K | $84K | 10x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.130 | +0.065% | $48K | $68K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.110 | +0.033% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 61.121 | +0.051% | $168K | $470K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.103 | +0.021% | $254K | $1.4M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.115 | +0.041% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.Plong | +0.0050% | 1h | 61.090 | long leg | $1.1M | $3.4M | 10x | |
| Variational Omni DRAM | +0.0063% | 8h | 61.114 | +0.040% | $2.3M | $682K | — | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0077% | 1h | 61.110 | +0.033% | $13K | $3K | 20x | as long as short |
| edgeX DRAMUSDCshort | +0.0085% | 4h | 61.216 | +0.206% | $148K | $299K | 20x | |
| tradeXYZ xyz:DRAM | +0.0089% | 1h | 61.084 | −0.010% | $79.1M | $35.9M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0100% | 8h | 61.115 | +0.041% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.130 | +0.066% | $73K | $46K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.110 | +0.033% | $3.0M | $415K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.230 | +0.229% | $21K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.120 | +0.049% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.108 | +0.030% | $4K | — | 10x | as long as short |
| BloFin DRAM-USDT | +0.0107% | 8h | 61.130 | +0.065% | $300K | $26K | 20x | as long as short |
| Extended DRAM-USD | +0.0112% | 1h | 61.107 | +0.027% | $74K | $193K | 10x | as long as short |
| Binance DRAMUSDT | +0.0113% | 8h | 61.120 | +0.049% | $43.7M | $87.5M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0115% | 8h | 61.120 | +0.049% | $8.0M | $5.6M | 100x | as long as short |
| Lighter DRAM | +0.0128% | 1h | 61.140 | +0.082% | $1.1M | $1.2M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0160% | 1h | 61.110 | +0.033% | $525K | $75K | 20x | as long as short |
Aftermath Perps DRAMUSD
QFEX DRAM-USD
Arcus DRAM-USD
Vest DRAM-USD-PERP
Entropy io:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Variational Omni DRAM
Deribit DRAM_USDC-PERPETUAL
tradeXYZ xyz:DRAM
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
BloFin DRAM-USDT
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
Lighter DRAM
Coinbase International DRAM-PERP-INTX