DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0060%/8h= −6.5% APRnext payment −$0.07 per $10,000 · paid last 24h +0.053%

Price spread now: Arcus against ApeX Omni−0.160%53s7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 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 Arcus is 0.160% cheaper against ApeX Omni than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni DRAMUSDT	62.460	0.0100	pay 0.0013% / 1h	38m 18s	$22K	$186K	50x
Short	Arcus DRAM-USD	62.360	0.0040	get 0.0005% / 1h	38m 18s	$51K	$79K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against ApeX Omni. 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 ApeX OmnibpFee ArcusbpOrdersPrice spread, now −0.160%Rate

Funding earned: −$12.54
Price spread: −0.160% → 0.000%: −$16.01
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$43.05
Costs to cover: 0.145%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 18 min ago; Arcus: no order-book sample. 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 ApeX Omni live order book, 18 min ago	26.42 bp	39.3 bp −$39	196.4 bp −$1,964	doesn't fit	doesn't fit
Sell Arcus no order-book sample	—	—	—	—	—

Arcus: 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
RISEx DRAM/USDC	0.0000%	1h	62.420	−0.064%	$442K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.420	−0.064%	$730	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.400	−0.096%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.410	−0.080%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0023%	1h	62.394	−0.106%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.412	−0.077%	$970K	$1.0M	20x	as long as short
edgeX DRAMUSDC	+0.0040%	4h	62.437	−0.037%	$151K	$296K	20x	as long as short
Arcus DRAM-USDshort	+0.0040%	1h	62.360	−0.160%	$51K	$79K	10x
Vest DRAM-USD-PERP	+0.0046%	1h	62.390	−0.112%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.394	−0.106%	$267K	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	62.414	−0.074%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.380	−0.128%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.400	−0.096%	$1.0M	$78K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0071%	1h	62.410	−0.080%	$13K	$3K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0073%	8h	62.460	0.000%	$37K	$167K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0094%	8h	62.416	−0.071%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0095%	1h	62.401	−0.094%	$81.8M	$35.4M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.421	−0.062%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.410	−0.080%	$3.0M	$393K	20x	as long as short
ApeX Omni DRAMUSDTlong	+0.0100%	1h	62.460	long leg	$22K	$186K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.440	−0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.433	−0.044%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0105%	8h	62.420	−0.064%	$26.3M	$13.2M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0140%	8h	62.430	−0.048%	$5.5M	$4.4M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.208%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0170%	1h	62.403	−0.091%	$198K	$436K	25x	as long as short
Bybit DRAMUSDT	+0.0197%	8h	62.440	−0.032%	$9.7M	$9.8M	100x	as long as short
Aster DRAMUSDT	+0.0307%	8h	62.439	−0.034%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0393%	8h	62.463	+0.006%	$2.4M	$753K	—	as long as short
Extended DRAM-USD	+0.0424%	1h	62.404	−0.089%	$75K	$636K	10x	as long as short
Binance DRAMUSDT	+0.0426%	8h	62.420	−0.064%	$45.0M	$80.3M	50x	as long as short
MEXC DRAM_USDT	+0.0427%	8h	62.420	−0.064%	$9.2M	$5.4M	100x	as long as short
BloFin DRAM-USDT	+0.0569%	8h	62.470	+0.016%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0615%	8h	62.460	0.000%	$8.2M	$3.5M	75x	as long as short