Funding you earn now, next payment 10:00 UTC−0.0643%/8h= −70.4% APRnext payment −$0.80 per $10,000 · paid last 24h +0.022%
Price spread now: Entropy against SoDEX−0.046%7-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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Entropy is 0.046% cheaper against SoDEX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX DRAM-USD | 60.858 | 0.0050 | pay 0.0006% / 1h | 54m 14s | $2K | $15K | 20x |
| Short | Entropy io:DRAM | 60.830 | −0.0593 | pay 0.0074% / 1h | 54m 14s | $996K | $1.2M | 25x |
SoDEX DRAM-USD
Entropy io:DRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against SoDEX. 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
- −$135.1
- Price spread: −0.046% → 0.000%
- −$4.6
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$165.7
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Entropy: 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Entropy live order book, 3 min ago | 0.08 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:DRAMshort | −0.0593% | 1h | 60.830 | −0.046% | $996K | $1.2M | 25x | |
| Bitget DRAMUSDT | −0.0311% | 8h | 60.870 | +0.020% | $26.8M | $15.5M | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.860 | +0.003% | $1K | $2.4M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.870 | +0.020% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.870 | +0.020% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0025% | 4h | 60.887 | +0.047% | $148K | $298K | 20x | as long as short |
| Aster DRAMUSDT | +0.0035% | 8h | 60.878 | +0.032% | $195K | $27K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0039% | 1h | 60.853 | −0.009% | $1K | $28K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.870 | +0.020% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0048% | 1h | 60.880 | +0.036% | $992K | $95K | 10x | as long as short |
Bitget DRAMUSDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aster DRAMUSDT
Aftermath Perps DRAMUSD
Vest DRAM-USD-PERP
QFEX DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.844 | −0.023% | $253K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USDlong | +0.0050% | 1h | 60.858 | long leg | $2K | $15K | 20x | |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.850 | −0.013% | $1.1M | $3.5M | 10x | as long as short |
| Variational Omni DRAM | +0.0059% | 8h | 60.933 | +0.123% | $2.2M | $736K | — | as long as short |
| OKX DRAM-USDT-SWAP | +0.0088% | 8h | 60.880 | +0.036% | $5.4M | $6.5M | 50x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.869 | +0.018% | $73K | $30K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.800 | −0.095% | $3.0M | $415K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.830 | −0.046% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.870 | +0.020% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.869 | +0.018% | $4K | — | 10x | as long as short |
| RISEx DRAM/USDC | +0.0107% | 1h | 60.848 | −0.016% | $466K | $365K | 20x | as long as short |
| MEXC DRAM_USDT | +0.0113% | 8h | 60.870 | +0.020% | $8.7M | $5.5M | 100x | as long as short |
| Extended DRAM-USD | +0.0120% | 1h | 60.851 | −0.012% | $74K | $257K | 10x | as long as short |
| Binance DRAMUSDT | +0.0121% | 8h | 60.870 | +0.020% | $44.1M | $93.0M | 50x | as long as short |
| Lighter DRAM | +0.0152% | 1h | 60.849 | −0.015% | $1.1M | $1.3M | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0153% | 1h | 60.834 | −0.039% | $79.1M | $36.9M | 20x | as long as short |
| Bybit DRAMUSDT | +0.0161% | 8h | 60.873 | +0.025% | $9.6M | $10.6M | 100x | as long as short |
| Gate DRAM_USDT | +0.0174% | 8h | 60.890 | +0.053% | $7.9M | $3.6M | 75x | as long as short |
| Paradex DRAM-USD-PERP | +0.0206% | 8h | 60.856 | −0.003% | — | — | 5x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0280% | 1h | 60.100 | −1.246% | $527K | $87K | 20x | as long as short |
| BloFin DRAM-USDT | +0.0321% | 8h | 60.950 | +0.151% | $299K | $26K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0408% | 1h | 60.830 | −0.046% | $13K | $3K | 20x | as long as short |
| Arcus DRAM-USD | +0.0540% | 1h | 60.830 | −0.046% | $48K | $69K | 10x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0827% | 8h | 60.910 | +0.085% | $36K | $213K | 10x | as long as short |
Polymarket Perps DRAM-USD
Ondo Perps DRAM-USD.P
Variational Omni DRAM
OKX DRAM-USDT-SWAP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
RISEx DRAM/USDC
MEXC DRAM_USDT
Extended DRAM-USD
Binance DRAMUSDT
Lighter DRAM
tradeXYZ xyz:DRAM
Bybit DRAMUSDT
Gate DRAM_USDT
Paradex DRAM-USD-PERP
Coinbase International DRAM-PERP-INTX
BloFin DRAM-USDT
Deribit DRAM_USDC-PERPETUAL
Arcus DRAM-USD
GRVT DRAM_USDT_Perp