DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0291%/8h= +31.8% APRnext payment +$0.36 per $10,000 · paid last 24h +0.010%

Price spread now: Entropy against tradeXYZ−0.037%7-day average +0.042% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on tradeXYZ Short on Entropy

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.029%+$3 on $10k

Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.037%, 7d avg +0.042%

Together, before fees+0.082%+ Points / potential airdroptradeXYZ: Active · farm board+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. Entropy is 0.079% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of +0.042%). If the spread goes back, that is −$8 on $10k: about 22 hours of funding at the current rate (+$9 a day). At the pace of the last 4 days (+0.029% in total) that is about 12 days.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.029% in total (about 2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.36 per $10,000. 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	tradeXYZ xyz:DRAM	62.396	0.0218	pay 0.0027% / 1h	59m 52s	$82.2M	$37.6M	20x
Short	Entropy io:DRAM	62.373	0.0509	get 0.0064% / 1h	59m 52s	$255K	$449K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Entropy 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 EntropybpOrdersPrice spread, now −0.037%Rate

Funding earned: $61.03
Price spread: −0.037% → +0.042%: −$7.91
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Entropy: 9 bp × 2 orders: −$18
Net: $17.12
Costs to cover: 0.360%
Break-even: 5.0 days

Slippage unknown: tradeXYZ: live order book, 10 min ago; Entropy: live order book, 55 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 tradeXYZ live order book, 10 min ago	0.08 bp	9.1 bp −$9	12.1 bp −$121	doesn't fit	doesn't fit
Sell Entropy live order book, 55 min ago	2.25 bp	doesn't fit	doesn't fit	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	62.410	+0.022%	$823	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.400	+0.006%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.420	+0.038%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0023%	4h	62.427	+0.049%	$151K	$297K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.415	+0.031%	$1K	$34K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.390	−0.010%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.415	+0.030%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.407	+0.018%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.350	−0.074%	$1.2M	$1.8M	10x	as long as short
Pacifica DRAM	+0.0100%	1h	62.405	+0.014%	$76K	$41K	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	62.430	+0.054%	$3.0M	$418K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.450	+0.087%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.440	+0.071%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.439	+0.069%	$4K	—	10x	as long as short
Lighter DRAM	+0.0120%	1h	62.407	+0.018%	$969K	$1.3M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.430	+0.054%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.390	−0.010%	$540K	$91K	20x	as long as short
tradeXYZ xyz:DRAMlong	+0.0218%	1h	62.396	long leg	$82.2M	$37.6M	20x
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.400	+0.006%	$13K	$3K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0235%	8h	62.447	+0.081%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0247%	8h	62.420	+0.038%	$5.5M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0457%	8h	62.478	+0.131%	$9.6M	$10.4M	100x	as long as short
Entropy io:DRAMshort	+0.0509%	1h	62.373	−0.037%	$255K	$449K	25x
Aster DRAMUSDT	+0.0511%	8h	62.406	+0.016%	$201K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0584%	8h	62.420	+0.038%	$26.2M	$12.9M	20x	as long as short
Variational Omni DRAM	+0.0600%	8h	62.414	+0.029%	$2.4M	$751K	—	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.420	+0.038%	$51K	$82K	10x	as long as short
MEXC DRAM_USDT	+0.0637%	8h	62.420	+0.038%	$9.7M	$6.7M	100x	as long as short
Binance DRAMUSDT	+0.0639%	8h	62.430	+0.054%	$45.0M	$82.1M	50x	as long as short
Extended DRAM-USD	+0.0640%	1h	62.415	+0.030%	$76K	$665K	10x	as long as short
Gate DRAM_USDT	+0.0838%	8h	62.450	+0.087%	$8.3M	$3.5M	75x	as long as short
BloFin DRAM-USDT	+0.0990%	8h	62.480	+0.135%	$300K	$26K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.450	+0.087%	$456K	$501K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.1102%	8h	62.497	+0.162%	$37K	$152K	10x	as long as short