DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0286%/8h= +31.4% APRnext payment +$0.36 per $10,000 · paid last 24h +0.031%

Price spread now: Entropy against Aftermath Perps−0.091%7-day average — · you buy dearer than you sell

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

Long on Aftermath Perps Short on Entropy

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. Entropy is 0.091% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.091% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 25 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps DRAMUSD	61.968	0.0039	pay 0.0005% / 1h	18m 43s	$1K	$36K	5x
Short	Entropy io:DRAM	61.912	0.0325	get 0.0041% / 1h	18m 43s	$255K	$493K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Entropy against Aftermath Perps. 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 Aftermath PerpsbpFee EntropybpOrdersPrice spread, now −0.091%Rate

Funding earned: $60.13
Price spread: −0.091% → 0.000%: −$9.1
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Entropy: 9 bp × 2 orders: −$18
Net: $24.03
Costs to cover: 0.270%
Break-even: 4.2 days

Slippage unknown: Aftermath Perps: no order-book sample; Entropy: live order book, 46 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Entropy live order book, 46 min ago	3.00 bp	13.4 bp −$13	doesn't fit	doesn't fit	doesn't fit

Aftermath Perps: 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
Gate DRAM_USDT	0.0000%	8h	62.020	+0.083%	$8.3M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.000	+0.051%	$811	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.960	−0.014%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.840	−0.207%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSDlong	+0.0039%	1h	61.968	long leg	$1K	$36K	5x
edgeX DRAMUSDC	+0.0043%	4h	61.945	−0.038%	$153K	$289K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.900	−0.110%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.982	+0.022%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.993	+0.040%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.940	−0.046%	$1.2M	$1.8M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0079%	1h	61.990	+0.035%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.905	−0.102%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.940	−0.046%	$3.0M	$472K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.870	−0.159%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.980	+0.019%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.999	+0.050%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0167%	8h	62.040	+0.116%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0172%	8h	62.020	+0.083%	$26.1M	$12.6M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.627%	$510K	$43K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0199%	8h	61.988	+0.031%	—	—	5x	as long as short
Lighter DRAM	+0.0232%	1h	61.997	+0.046%	$978K	$1.2M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0264%	8h	61.962	−0.010%	$36K	$171K	10x	as long as short
Aster DRAMUSDT	+0.0267%	8h	62.010	+0.067%	$199K	$36K	20x	as long as short
Bybit DRAMUSDT	+0.0289%	8h	62.050	+0.132%	$9.3M	$10.5M	100x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.997	+0.046%	$456K	$476K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0309%	1h	61.994	+0.041%	$80.6M	$39.9M	20x	as long as short
Entropy io:DRAMshort	+0.0325%	1h	61.912	−0.091%	$255K	$493K	25x
Variational Omni DRAM	+0.0349%	8h	61.967	−0.003%	$2.4M	$955K	—	as long as short
MEXC DRAM_USDT	+0.0392%	8h	62.010	+0.067%	$11.2M	$6.5M	100x	as long as short
Extended DRAM-USD	+0.0400%	1h	62.002	+0.054%	$77K	$767K	10x	as long as short
Binance DRAMUSDT	+0.0404%	8h	62.020	+0.083%	$43.7M	$82.3M	50x	as long as short
BloFin DRAM-USDT	+0.0662%	8h	62.040	+0.116%	$253K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.980	+0.019%	$50K	$90K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0719%	1h	62.000	+0.051%	$13K	$9K	20x	as long as short