DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0105%/8h= −11.5% APRnext payment −$0.13 per $10,000 · paid last 24h −0.013%

Price spread now: ApeX Omni against tradeXYZ+0.015%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$1011.010% of the position

Long on tradeXYZ Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 4 days (all we have)+0.210%+$21 · spread now +0.015%, 7d avg +0.060%

Together, before fees+0.191%+ Points / potential airdroptradeXYZ: Active · farm board+$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and ApeX Omni is 0.045% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.060%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:DRAM	60.931	0.0205	pay 0.0026% / 1h	31m 32s	$78.8M	$35.9M	20x
Short	ApeX Omni DRAMUSDT	60.940	0.0100	get 0.0013% / 1h	31m 32s	$21K	$184K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against tradeXYZ. 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 tradeXYZbpFee ApeX OmnibpOrdersPrice spread, now +0.015%Rate

Funding earned: −$22.07
Price spread: +0.015% → +0.060%: −$4.53
Slippage, 4 orders: −$72.96
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$127.56
Costs to cover: 1.010%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 8 min ago; ApeX Omni: live order book, 4 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 tradeXYZ live order book, 8 min ago	0.33 bp	9.3 bp −$9	10.1 bp −$101	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 4 min ago	27.89 bp	40.3 bp −$40	233.7 bp −$2,337	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	−0.0738%	8h	60.990	+0.097%	$26.4M	$15.1M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.954	+0.038%	$196K	$38K	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.938	+0.011%	$422K	$339K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.010	+0.130%	$8.0M	$3.7M	75x	as long as short
Variational Omni DRAM	0.0000%	8h	60.953	+0.036%	$2.3M	$580K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.980	+0.080%	$36K	$205K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.920	−0.018%	$760	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.910	−0.034%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.940	+0.015%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0007%	8h	60.989	+0.095%	$9.6M	$10.4M	100x	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	+0.0009%	8h	60.970	+0.064%	$5.4M	$6.0M	50x	as long as short
Binance DRAMUSDT	+0.0028%	8h	60.940	+0.015%	$43.7M	$88.9M	50x	as long as short
MEXC DRAM_USDT	+0.0028%	8h	60.950	+0.031%	$7.7M	$5.7M	100x	as long as short
Extended DRAM-USD	+0.0032%	1h	60.924	−0.012%	$77K	$196K	10x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	60.963	+0.053%	$1K	$30K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.940	+0.015%	$47K	$67K	10x	as long as short
QFEX DRAM-USD	+0.0040%	1h	60.950	+0.031%	$993K	$84K	10x	as long as short
BloFin DRAM-USDT	+0.0042%	8h	61.010	+0.130%	$298K	$26K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.930	−0.002%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.913	−0.030%	$179K	$480K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.921	−0.016%	$253K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.935	+0.007%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.920	−0.018%	$1.1M	$3.5M	10x	as long as short
edgeX DRAMUSDC	+0.0086%	4h	60.971	+0.066%	$148K	$299K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	60.963	+0.053%	$73K	$38K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.920	−0.018%	$3.0M	$422K	20x	as long as short
ApeX Omni DRAMUSDTshort	+0.0100%	1h	60.940	+0.015%	$21K	$184K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.930	−0.002%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0101%	8h	60.937	+0.011%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.917	−0.023%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0176%	1h	60.940	+0.015%	$523K	$75K	20x	as long as short
tradeXYZ xyz:DRAMlong	+0.0205%	1h	60.931	long leg	$78.8M	$35.9M	20x
Deribit DRAM_USDC-PERPETUAL	+0.0243%	1h	60.890	−0.067%	$13K	$3K	20x	as long as short
Lighter DRAM	+0.0352%	1h	60.952	+0.034%	$1.1M	$1.2M	20x	as long as short