Funding you earn now, next payment 01:00 UTC−0.1096%/8h= −120.0% APRpaid last 24h −0.065%
Price spread now: edgeX against RISEx−0.172%55s7-day average −0.010% · 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−$340.342% of the position
Funding, last 3 days (all we have)−0.054%−$5 on $10k
+Price spread, last 3 days (all we have)+0.160%+$16 · spread now −0.172%, 7d avg −0.010%
=Together, before fees+0.106%+ Points / potential airdropedgeX: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and edgeX is 0.162% cheaper against RISEx than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.010%). Swap the legs. The two prices were read 55 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 3 days it paid -0.054% in total (about -5.8% 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 | RISEx DRAM/USDC | 62.396 | 0.1096 | pay 0.0137% / 1h | 46m 00s | $455K | $492K | 20x |
| Short | edgeX DRAMUSDC | 62.288 | 0.0001 | get 0.0000% / 4h | 3h 46m | $151K | $296K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against RISEx. 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
- −$230.09
- Price spread: −0.172% → −0.010%
- −$16.19
- Slippage, 4 orders
- −$19.19
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$280.47
- Costs to cover
- 0.342%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 27 min ago; edgeX: live order book, 27 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 RISEx live order book, 27 min ago | 1.37 bp | 4.4 bp −$4 | 5.4 bp −$54 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 27 min ago | 8.08 bp | 12.6 bp −$13 | 19.3 bp −$193 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX DRAM-USDT | 0.0000% | 8h | 62.420 | +0.038% | $748 | $3.1M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.380 | −0.026% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.360 | −0.058% | $1.8M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDCshort | +0.0001% | 4h | 62.288 | −0.172% | $151K | $296K | 20x | |
| Aftermath Perps DRAMUSD | +0.0037% | 1h | 62.247 | −0.239% | $1K | $35K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.350 | −0.074% | — | — | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.365 | −0.050% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.340 | −0.090% | $1.2M | $1.7M | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0071% | 1h | 62.340 | −0.090% | $13K | $3K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.434 | +0.061% | $76K | $40K | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.290 | −0.170% | $3.0M | $447K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.240 | −0.250% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.390 | −0.010% | $9K | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0101% | 1h | 62.350 | −0.074% | $267K | $1.3M | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.381 | −0.025% | $4K | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0160% | 1h | 62.390 | −0.010% | $1.0M | $78K | 10x | as long as short |
| Lighter DRAM | +0.0176% | 1h | 62.369 | −0.043% | $979K | $1.2M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 61.920 | −0.763% | $535K | $95K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0215% | 8h | 62.410 | +0.022% | $5.5M | $4.7M | 50x | as long as short |
| Paradex DRAM-USD-PERP | +0.0222% | 8h | 62.429 | +0.053% | — | — | 5x | as long as short |
| Bitget DRAMUSDT | +0.0314% | 8h | 62.370 | −0.042% | $26.3M | $12.8M | 20x | as long as short |
| Aster DRAMUSDT | +0.0351% | 8h | 62.271 | −0.201% | $200K | $36K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0427% | 1h | 62.350 | −0.074% | $81.9M | $39.6M | 20x | as long as short |
| Variational Omni DRAM | +0.0437% | 8h | 62.395 | −0.001% | $2.4M | $766K | — | as long as short |
| MEXC DRAM_USDT | +0.0476% | 8h | 62.350 | −0.074% | $10.1M | $6.7M | 100x | as long as short |
| Extended DRAM-USD | +0.0480% | 1h | 62.367 | −0.047% | $75K | $767K | 10x | as long as short |
| Binance DRAMUSDT | +0.0482% | 8h | 62.391 | −0.008% | $44.6M | $81.5M | 50x | as long as short |
| Entropy io:DRAM | +0.0508% | 1h | 62.279 | −0.188% | $254K | $475K | 25x | as long as short |
| Arcus DRAM-USD | +0.0606% | 1h | 62.320 | −0.122% | $51K | $83K | 10x | as long as short |
| Bybit DRAMUSDT | +0.0628% | 8h | 62.440 | +0.071% | $9.7M | $10.5M | 100x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0670% | 8h | 62.300 | −0.154% | $37K | $164K | 10x | as long as short |
| Gate DRAM_USDT | +0.0778% | 8h | 62.400 | +0.006% | $8.3M | $3.4M | 75x | as long as short |
| BloFin DRAM-USDT | +0.0832% | 8h | 62.430 | +0.054% | $297K | $26K | 20x | as long as short |
| RISEx DRAM/USDClong | +0.1096% | 1h | 62.396 | long leg | $455K | $492K | 20x |
RISEx DRAM/USDC
edgeX DRAMUSDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
SoDEX DRAM-USD
Deribit DRAM_USDC-PERPETUAL
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Polymarket Perps DRAM-USD
Lighter DRAM
Coinbase International DRAM-PERP-INTX
OKX DRAM-USDT-SWAP
Paradex DRAM-USD-PERP
Bitget DRAMUSDT
Aster DRAMUSDT
tradeXYZ xyz:DRAM
Variational Omni DRAM
MEXC DRAM_USDT
Extended DRAM-USD
Binance DRAMUSDT
Bybit DRAMUSDT
GRVT DRAM_USDT_Perp
Gate DRAM_USDT
BloFin DRAM-USDT