Funding you earn now, next payment 02:00 UTC−0.0166%/8h= −18.1% APRnext payment −$0.21 per $10,000 · paid last 24h −0.032%
Price spread now: QFEX against tradeXYZ+0.018%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$360.361% of the position
Funding, last 3 days (all we have)−0.067%−$7 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now +0.018%, 7d avg +0.024%
=Together, before fees−0.054%+ Points / potential airdroptradeXYZ: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:DRAM | 62.139 | 0.0212 | pay 0.0026% / 1h | 14m 16s | $81.8M | $36.8M | 20x |
| Short | QFEX DRAM-USD | 62.150 | 0.0046 | get 0.0006% / 1h | 14m 16s | $1.0M | $78K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against tradeXYZ. 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
- −$34.78
- Price spread: +0.018% → +0.024%
- −$0.64
- Slippage, 4 orders
- −$8.12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$71.54
- Costs to cover
- 0.361%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; QFEX: live order book, 1 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, 5 min ago | 0.40 bp | 9.8 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 1 min ago | 3.22 bp | 8.2 bp −$8 | 8.2 bp −$82 | 12.9 bp −$1,289 | doesn't fit |
DRAM on 33 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 | 62.160 | +0.034% | $531 | $2.9M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.130 | −0.014% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.170 | +0.050% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0033% | 1h | 62.137 | −0.004% | $1K | $34K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.150 | +0.018% | $51K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.110 | −0.047% | — | — | 10x | as long as short |
| QFEX DRAM-USDshort | +0.0046% | 1h | 62.150 | +0.018% | $1.0M | $78K | 10x | |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.139 | 0.000% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.165 | +0.042% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.120 | −0.031% | $1.1M | $1.9M | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:DRAM | +0.0055% | 1h | 62.130 | −0.014% | $252K | $430K | 25x | as long as short |
| edgeX DRAMUSDC | +0.0079% | 4h | 62.126 | −0.020% | $150K | $297K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.130 | −0.014% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.140 | +0.002% | $3.0M | $404K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.170 | +0.050% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.180 | +0.066% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.185 | +0.075% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0144% | 1h | 62.157 | +0.029% | $966K | $1.0M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.130 | −0.014% | $534K | $81K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0162% | 8h | 62.154 | +0.025% | — | — | 5x | as long as short |
| Bitget DRAMUSDT | +0.0208% | 8h | 62.170 | +0.050% | $26.0M | $13.0M | 20x | as long as short |
| tradeXYZ xyz:DRAMlong | +0.0212% | 1h | 62.139 | long leg | $81.8M | $36.8M | 20x | |
| OKX DRAM-USDT-SWAP | +0.0220% | 8h | 62.180 | +0.066% | $5.5M | $4.5M | 50x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0233% | 1h | 62.140 | +0.002% | $13K | $3K | 20x | as long as short |
| Bybit DRAMUSDT | +0.0285% | 8h | 62.190 | +0.082% | $9.6M | $10.1M | 100x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0345% | 8h | 62.153 | +0.022% | $36K | $153K | 10x | as long as short |
| Aster DRAMUSDT | +0.0453% | 8h | 62.190 | +0.082% | $200K | $36K | 20x | as long as short |
| Gate DRAM_USDT | +0.0516% | 8h | 62.200 | +0.098% | $8.2M | $3.5M | 75x | as long as short |
| Variational Omni DRAM | +0.0540% | 8h | 62.173 | +0.056% | $2.4M | $709K | — | as long as short |
| Extended DRAM-USD | +0.0576% | 1h | 62.154 | +0.025% | $75K | $669K | 10x | as long as short |
| Binance DRAMUSDT | +0.0580% | 8h | 62.169 | +0.048% | $44.6M | $82.0M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0580% | 8h | 62.160 | +0.034% | $9.6M | $5.9M | 100x | as long as short |
| RISEx DRAM/USDC | +0.0835% | 1h | 62.161 | +0.035% | $447K | $504K | 20x | as long as short |
tradeXYZ xyz:DRAM
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
edgeX DRAMUSDC
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Lighter DRAM
Coinbase International DRAM-PERP-INTX
Paradex DRAM-USD-PERP
Bitget DRAMUSDT
OKX DRAM-USDT-SWAP
Deribit DRAM_USDC-PERPETUAL
Bybit DRAMUSDT
GRVT DRAM_USDT_Perp
Aster DRAMUSDT
Gate DRAM_USDT
Variational Omni DRAM
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
RISEx DRAM/USDC