DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0060%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.014%

Price spread now: ApeX Omni against QFEX−0.098%56s7-day average +0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1001.001% of the position

Long on QFEX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.082%+$8 on $10k

Price spread, last 4 days (all we have)+0.284%+$28 · spread now −0.098%, 7d avg +0.020%

Together, before fees+0.366%+$37 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.118% cheaper against QFEX than usual: you would sell low and buy high (spread −0.098% now, against its 7-day average of +0.020%). If the spread goes back, that is −$12 on $10k: about 6.6 days of funding at the current rate (+$2 a day). The two prices were read 56 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	QFEX DRAM-USD	61.000	0.0040	pay 0.0005% / 1h	45m 59s	$993K	$84K	10x
Short	ApeX Omni DRAMUSDT	60.940	0.0100	get 0.0013% / 1h	45m 59s	$21K	$184K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against QFEX. 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 QFEXbpFee ApeX OmnibpOrdersPrice spread, now −0.098%Rate

Funding earned: $12.53
Price spread: −0.098% → +0.020%: −$11.84
Slippage, 4 orders: −$80.14
Fee QFEX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$99.45
Costs to cover: 1.001%
Break-even: 62.5 days

Slippage from QFEX: live order book, 34 min ago; ApeX Omni: live order book, 55 min ago.

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 QFEX live order book, 34 min ago	2.45 bp	7.5 bp −$7	8.8 bp −$88	15.2 bp −$1,519	doesn't fit
Sell ApeX Omni live order book, 55 min ago	26.98 bp	44.6 bp −$45	218.6 bp −$2,186	doesn't fit	doesn't fit

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	−0.0760%	8h	60.980	−0.033%	$26.3M	$14.9M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.977	−0.037%	$196K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	60.980	−0.033%	$9.5M	$10.2M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.983	−0.029%	$422K	$344K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.000	0.000%	$8.0M	$3.7M	75x	as long as short
Variational Omni DRAM	0.0000%	8h	60.903	−0.159%	$2.3M	$582K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.921	−0.130%	$36K	$205K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.000	0.000%	$588	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.890	−0.180%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.950	−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
OKX DRAM-USDT-SWAP	+0.0001%	8h	60.980	−0.033%	$5.4M	$6.0M	50x	as long as short
Extended DRAM-USD	+0.0032%	1h	60.934	−0.109%	$74K	$191K	10x	as long as short
Aftermath Perps DRAMUSD	+0.0032%	1h	60.958	−0.069%	$1K	$30K	5x	as long as short
MEXC DRAM_USDT	+0.0035%	8h	60.930	−0.115%	$7.7M	$5.7M	100x	as long as short
Binance DRAMUSDT	+0.0036%	8h	60.950	−0.081%	$43.6M	$88.5M	50x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.930	−0.115%	$47K	$67K	10x	as long as short
QFEX DRAM-USDlong	+0.0040%	1h	61.000	long leg	$993K	$84K	10x
Vest DRAM-USD-PERP	+0.0046%	1h	60.970	−0.049%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.918	−0.134%	$179K	$480K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.932	−0.111%	$253K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.955	−0.074%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.910	−0.148%	$1.1M	$3.5M	10x	as long as short
edgeX DRAMUSDC	+0.0069%	4h	60.903	−0.159%	$148K	$299K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0089%	8h	60.982	−0.029%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	61.013	+0.021%	$73K	$39K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.930	−0.115%	$3.0M	$421K	20x	as long as short
ApeX Omni DRAMUSDTshort	+0.0100%	1h	60.940	−0.098%	$21K	$184K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.960	−0.066%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.953	−0.077%	$4K	—	10x	as long as short
BloFin DRAM-USDT	+0.0120%	8h	60.980	−0.033%	$299K	$26K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0153%	1h	60.927	−0.120%	$78.8M	$36.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0176%	1h	60.910	−0.148%	$523K	$75K	20x	as long as short
Lighter DRAM	+0.0328%	1h	60.978	−0.036%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0407%	1h	60.950	−0.082%	$13K	$3K	20x	as long as short