DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.07 per $10,000 · paid last 24h +0.066%

Price spread now: RISEx against QFEX+0.032%7-day average +0.005% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$240.235% of the position

Long on QFEX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.096%+$10 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.032%, 7d avg +0.005%

Together, before fees+0.106%+$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.027% dearer against QFEX than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of +0.005%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 39 hours. Mind the row above: over the last 4 days funding on this pair paid +0.096%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX DRAM-USD	62.280	0.0055	pay 0.0007% / 1h	49m 43s	$1.0M	$78K	10x
Short	RISEx DRAM/USDC	62.300	0	get 0.0000% / 1h	49m 43s	$442K	$506K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$11.47
Price spread: +0.032% → +0.005%: $2.7
Slippage, 4 orders: −$7.55
Fee QFEX: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$32.32
Costs to cover: 0.235%
Break-even: never at this rate

Slippage from QFEX: live order book, 9 min ago; RISEx: live order book, 14 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, 9 min ago	2.41 bp	7.4 bp −$7	8.7 bp −$87	17.0 bp −$1,695	doesn't fit
Sell RISEx live order book, 14 min ago	1.37 bp	4.4 bp −$4	5.6 bp −$56	doesn't fit	doesn't fit

DRAM on 33 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
RISEx DRAM/USDCshort	0.0000%	1h	62.300	+0.032%	$442K	$506K	20x
SunX DRAM-USDT	0.0000%	8h	62.280	0.000%	$683	$2.8M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.280	0.000%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.290	+0.016%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0032%	1h	62.262	−0.028%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.290	+0.016%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.250	−0.048%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.264	−0.026%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.275	−0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.230	−0.080%	$1.2M	$1.9M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USDlong	+0.0055%	1h	62.280	long leg	$1.0M	$78K	10x
edgeX DRAMUSDC	+0.0058%	4h	62.298	+0.029%	$151K	$297K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0071%	1h	62.280	0.000%	$13K	$3K	20x	as long as short
Entropy io:DRAM	+0.0089%	1h	62.251	−0.047%	$253K	$421K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	62.325	+0.073%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.290	+0.016%	$3.0M	$405K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.320	+0.064%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.320	+0.064%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.314	+0.055%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0134%	8h	62.300	+0.032%	$26.2M	$13.2M	20x	as long as short
Lighter DRAM	+0.0136%	1h	62.280	0.000%	$968K	$1.0M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0148%	8h	62.303	+0.037%	—	—	5x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.385%	$534K	$76K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0207%	1h	62.277	−0.005%	$82.2M	$36.9M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0209%	8h	62.310	+0.048%	$5.5M	$4.5M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0238%	8h	62.318	+0.060%	$37K	$155K	10x	as long as short
Bybit DRAMUSDT	+0.0294%	8h	62.330	+0.080%	$9.7M	$10.0M	100x	as long as short
Aster DRAMUSDT	+0.0429%	8h	62.324	+0.071%	$200K	$36K	20x	as long as short
Variational Omni DRAM	+0.0513%	8h	62.303	+0.037%	$2.4M	$710K	—	as long as short
Gate DRAM_USDT	+0.0531%	8h	62.350	+0.112%	$8.2M	$3.5M	75x	as long as short
Binance DRAMUSDT	+0.0549%	8h	62.291	+0.017%	$44.7M	$81.5M	50x	as long as short
Extended DRAM-USD	+0.0552%	1h	62.283	+0.006%	$75K	$669K	10x	as long as short
MEXC DRAM_USDT	+0.0552%	8h	62.290	+0.016%	$9.6M	$5.5M	100x	as long as short