DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0422%/8h= +46.2% APRnext payment +$0.53 per $10,000 · paid last 24h +0.010%

Price spread now: Extended against tradeXYZ−0.034%7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$250.246% of the position

Long on tradeXYZ Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.034%, 7d avg +0.012%

Together, before fees+0.033%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.046% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.012%). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$13 a day).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.044% in total (about -2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.53 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	62.415	0.0218	pay 0.0027% / 1h	0m 17s	$82.2M	$37.6M	20x
Short	Extended DRAM-USD	62.394	0.0640	get 0.0080% / 1h	0m 17s	$76K	$665K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.034%Rate

Funding earned: $88.54
Price spread: −0.034% → +0.012%: −$4.55
Slippage, 4 orders: −$1.56
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $59.43
Costs to cover: 0.246%
Break-even: 2.3 days

Slippage from tradeXYZ: live order book, 9 min ago; Extended: live order book, 8 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, 9 min ago	0.08 bp	9.1 bp −$9	12.1 bp −$121	doesn't fit	doesn't fit
Sell Extended live order book, 8 min ago	0.40 bp	3.2 bp −$3	6.4 bp −$64	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	−0.008%	$823	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.400	−0.024%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.420	+0.008%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0023%	4h	62.427	+0.018%	$151K	$297K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.415	0.000%	$1K	$34K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.390	−0.040%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.415	0.000%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.407	−0.013%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.350	−0.104%	$1.2M	$1.8M	10x	as long as short
Pacifica DRAM	+0.0100%	1h	62.405	−0.016%	$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	+0.024%	$3.0M	$418K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.450	+0.056%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.440	+0.040%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.439	+0.038%	$4K	—	10x	as long as short
Lighter DRAM	+0.0120%	1h	62.407	−0.013%	$969K	$1.3M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.430	+0.024%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.390	−0.040%	$540K	$91K	20x	as long as short
tradeXYZ xyz:DRAMlong	+0.0218%	1h	62.415	long leg	$82.2M	$37.6M	20x
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.400	−0.024%	$13K	$3K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0235%	8h	62.447	+0.051%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0247%	8h	62.420	+0.008%	$5.5M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0457%	8h	62.470	+0.088%	$9.6M	$10.4M	100x	as long as short
Entropy io:DRAM	+0.0509%	1h	62.373	−0.067%	$255K	$449K	25x	as long as short
Aster DRAMUSDT	+0.0511%	8h	62.404	−0.018%	$201K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0584%	8h	62.440	+0.040%	$26.1M	$12.9M	20x	as long as short
Variational Omni DRAM	+0.0600%	8h	62.414	−0.001%	$2.4M	$751K	—	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.420	+0.008%	$51K	$82K	10x	as long as short
MEXC DRAM_USDT	+0.0637%	8h	62.420	+0.008%	$9.7M	$6.7M	100x	as long as short
Binance DRAMUSDT	+0.0639%	8h	62.420	+0.008%	$44.9M	$82.1M	50x	as long as short
Extended DRAM-USDshort	+0.0640%	1h	62.394	−0.034%	$76K	$665K	10x
Gate DRAM_USDT	+0.0838%	8h	62.470	+0.088%	$8.3M	$3.5M	75x	as long as short
BloFin DRAM-USDT	+0.0990%	8h	62.480	+0.104%	$300K	$26K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.450	+0.056%	$456K	$501K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.1102%	8h	62.497	+0.132%	$37K	$152K	10x	as long as short