Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.018%
Price spread now: RISEx against Pacifica−0.024%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and RISEx is 0.024% cheaper against Pacifica than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 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 | Pacifica DRAM | 61.177 | 0.0100 | pay 0.0013% / 1h | 25m 31s | $73K | $46K | 10x |
| Short | RISEx DRAM/USDC | 61.162 | 0 | get 0.0000% / 1h | 25m 31s | $424K | $353K | 20x |
Pacifica DRAM
RISEx DRAM/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Pacifica. 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
- −$21
- Price spread: −0.024% → 0.000%
- −$2.37
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$37.37
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; RISEx: live order book, 18 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell RISEx live order book, 18 min ago | 1.55 bp | 4.6 bp −$5 | 5.4 bp −$54 | doesn't fit | doesn't fit |
Pacifica: 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 | 61.200 | +0.038% | $26.0M | $14.6M | 20x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 61.191 | +0.024% | $197K | $35K | 20x | as long as short |
| Bybit DRAMUSDT | 0.0000% | 8h | 61.192 | +0.025% | $9.4M | $10.2M | 100x | as long as short |
| RISEx DRAM/USDCshort | 0.0000% | 1h | 61.162 | −0.024% | $424K | $353K | 20x | |
| Gate DRAM_USDT | 0.0000% | 8h | 61.230 | +0.087% | $8.0M | $3.7M | 75x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.158 | −0.031% | $36K | $202K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.170 | −0.011% | $768 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.150 | −0.044% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.190 | +0.022% | $1.7M | $1.3M | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0006% | 8h | 61.190 | +0.022% | $5.4M | $5.9M | 50x | as long as short |
Bitget DRAMUSDT
Aster DRAMUSDT
Bybit DRAMUSDT
Gate DRAM_USDT
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex 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 | +0.0028% | 1h | 61.119 | −0.094% | $1K | $30K | 5x | as long as short |
| Variational Omni DRAM | +0.0031% | 8h | 61.164 | −0.020% | $2.3M | $682K | — | as long as short |
| QFEX DRAM-USD | +0.0039% | 1h | 61.170 | −0.011% | $996K | $84K | 10x | as long as short |
| BloFin DRAM-USDT | +0.0040% | 8h | 61.180 | +0.005% | $300K | $26K | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.130 | −0.076% | $48K | $68K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.150 | −0.044% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 61.123 | −0.088% | $168K | $471K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.138 | −0.063% | $254K | $1.4M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.174 | −0.004% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.140 | −0.060% | $1.1M | $3.5M | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0077% | 1h | 61.160 | −0.027% | $13K | $3K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0080% | 1h | 61.149 | −0.045% | $79.2M | $35.9M | 20x | as long as short |
| Extended DRAM-USD | +0.0080% | 1h | 61.155 | −0.035% | $74K | $189K | 10x | as long as short |
| Binance DRAMUSDT | +0.0083% | 8h | 61.160 | −0.027% | $43.7M | $87.7M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0086% | 8h | 61.160 | −0.027% | $8.0M | $5.6M | 100x | as long as short |
| edgeX DRAMUSDC | +0.0086% | 4h | 61.140 | −0.060% | $148K | $297K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0088% | 8h | 61.163 | −0.023% | — | — | 5x | as long as short |
| Pacifica DRAMlong | +0.0100% | 1h | 61.177 | long leg | $73K | $46K | 10x | |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.140 | −0.060% | $3.0M | $417K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.130 | −0.076% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.170 | −0.011% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.166 | −0.017% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0160% | 1h | 61.110 | −0.109% | $525K | $75K | 20x | as long as short |
| Lighter DRAM | +0.0184% | 1h | 61.183 | +0.010% | $1.1M | $1.2M | 20x | as long as short |
Aftermath Perps DRAMUSD
Variational Omni DRAM
QFEX DRAM-USD
BloFin DRAM-USDT
Arcus DRAM-USD
Vest DRAM-USD-PERP
Entropy io:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
Deribit DRAM_USDC-PERPETUAL
tradeXYZ xyz:DRAM
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
edgeX DRAMUSDC
Paradex DRAM-USD-PERP
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Coinbase International DRAM-PERP-INTX
Lighter DRAM