Funding you earn now, next payment 08:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h +0.011%
Price spread now: Entropy against Aevo−0.022%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 −$2 a day on $10k at the current rate, and Entropy is 0.022% cheaper against Aevo than usual: you would sell low and buy high (−$2 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 | Aevo DRAM-PERP | 60.949 | 0.0104 | pay 0.0013% / 1h | 36m 54s | $4K | — | 10x |
| Short | Entropy io:DRAM | 60.936 | 0.0050 | get 0.0006% / 1h | 36m 54s | $179K | $480K | 25x |
Aevo DRAM-PERP
Entropy io:DRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Aevo. 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
- −$11.34
- Price spread: −0.022% → 0.000%
- −$2.19
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$47.53
- Costs to cover
- 0.340%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Entropy: live order book, 18 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Entropy live order book, 18 min ago | 2.38 bp | 23.9 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0746% | 8h | 61.030 | +0.132% | $26.4M | $15.0M | 20x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.955 | +0.010% | $196K | $35K | 20x | as long as short |
| Bybit DRAMUSDT | 0.0000% | 8h | 61.011 | +0.101% | $9.5M | $10.3M | 100x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.964 | +0.023% | $422K | $341K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 61.020 | +0.116% | $8.0M | $3.7M | 75x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 61.033 | +0.137% | $2.3M | $582K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.996 | +0.077% | $36K | $205K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.980 | +0.050% | $776 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.990 | +0.067% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.970 | +0.034% | $1.7M | $1.3M | 10x | as long as short |
Bitget DRAMUSDT
Aster DRAMUSDT
Bybit DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
Variational Omni DRAM
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DRAM-USDT-SWAP | +0.0008% | 8h | 61.000 | +0.083% | $5.4M | $6.0M | 50x | as long as short |
| BloFin DRAM-USDT | +0.0028% | 8h | 61.000 | +0.083% | $297K | $26K | 20x | as long as short |
| Extended DRAM-USD | +0.0032% | 1h | 60.959 | +0.016% | $77K | $196K | 10x | as long as short |
| Binance DRAMUSDT | +0.0033% | 8h | 60.975 | +0.042% | $43.7M | $88.7M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0034% | 8h | 60.970 | +0.034% | $7.7M | $5.7M | 100x | as long as short |
| Aftermath Perps DRAMUSD | +0.0035% | 1h | 60.987 | +0.061% | $1K | $30K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.960 | +0.017% | $47K | $67K | 10x | as long as short |
| QFEX DRAM-USD | +0.0040% | 1h | 60.970 | +0.034% | $993K | $84K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.950 | +0.001% | — | — | 10x | as long as short |
| Entropy io:DRAMshort | +0.0050% | 1h | 60.936 | −0.022% | $179K | $480K | 25x | |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.942 | −0.012% | $253K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.970 | +0.034% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.960 | +0.017% | $1.1M | $3.5M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0070% | 4h | 60.968 | +0.031% | $148K | $298K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0100% | 8h | 60.967 | +0.029% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.993 | +0.072% | $73K | $38K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.950 | +0.001% | $3.0M | $422K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.040 | +0.149% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.950 | +0.001% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERPlong | +0.0104% | 1h | 60.949 | long leg | $4K | — | 10x | |
| Coinbase International DRAM-PERP-INTX | +0.0176% | 1h | 60.910 | −0.065% | $523K | $75K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0196% | 1h | 60.963 | +0.022% | $78.9M | $35.9M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0243% | 1h | 60.940 | −0.015% | $13K | $3K | 20x | as long as short |
| Lighter DRAM | +0.0360% | 1h | 60.978 | +0.047% | $1.1M | $1.2M | 20x | as long as short |
OKX DRAM-USDT-SWAP
BloFin DRAM-USDT
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
QFEX DRAM-USD
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
edgeX DRAMUSDC
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Coinbase International DRAM-PERP-INTX
tradeXYZ xyz:DRAM
Deribit DRAM_USDC-PERPETUAL
Lighter DRAM