DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.03 per $10,000 · paid last 24h +0.029%

Price spread now: Extended against ApeX Omni−0.159%72s7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$920.919% of the position

Long on ApeX Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.159%, 7d avg −0.049%

Together, before fees+0.092%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.110% cheaper against ApeX Omni than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.049%). Swap the legs. The two prices were read 72 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	61.120	0.0100	pay 0.0013% / 1h	16m 21s	$21K	$185K	50x
Short	Extended DRAM-USD	61.023	0.0072	get 0.0009% / 1h	16m 21s	$74K	$190K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.159%Rate

Funding earned: −$5.88
Price spread: −0.159% → −0.049%: −$11.04
Slippage, 4 orders: −$76.94
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$108.87
Costs to cover: 0.919%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 25 min ago; Extended: live order book, 25 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 ApeX Omni live order book, 25 min ago	26.98 bp	40.6 bp −$41	220.2 bp −$2,202	doesn't fit	doesn't fit
Sell Extended live order book, 25 min ago	0.49 bp	3.3 bp −$3	7.1 bp −$71	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
Bitget DRAMUSDT	−0.0594%	8h	61.080	−0.065%	$26.0M	$14.7M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	61.080	−0.066%	$196K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.100	−0.033%	$9.4M	$10.3M	100x	as long as short
OKX DRAM-USDT-SWAP	0.0000%	8h	61.080	−0.065%	$5.4M	$5.9M	50x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.047	−0.120%	$423K	$353K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.110	−0.016%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.134	+0.022%	$36K	$203K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.050	−0.115%	$709	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.020	−0.164%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.050	−0.115%	$1.7M	$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
BloFin DRAM-USDT	+0.0004%	8h	61.140	+0.033%	$298K	$26K	20x	as long as short
Variational Omni DRAM	+0.0023%	8h	61.144	+0.040%	$2.3M	$683K	—	as long as short
Aftermath Perps DRAMUSD	+0.0030%	1h	61.079	−0.067%	$1K	$30K	5x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.060	−0.098%	$995K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.090	−0.049%	$48K	$68K	10x	as long as short
edgeX DRAMUSDC	+0.0044%	4h	61.105	−0.025%	$148K	$299K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.070	−0.082%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.073	−0.077%	$180K	$481K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.025	−0.155%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.045	−0.123%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.040	−0.131%	$1.1M	$3.5M	10x	as long as short
Binance DRAMUSDT	+0.0070%	8h	61.040	−0.131%	$43.7M	$87.9M	50x	as long as short
Extended DRAM-USDshort	+0.0072%	1h	61.023	−0.159%	$74K	$190K	10x
MEXC DRAM_USDT	+0.0072%	8h	61.040	−0.131%	$8.0M	$5.7M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0078%	1h	61.030	−0.147%	$13K	$3K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0086%	8h	61.057	−0.104%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0099%	1h	61.033	−0.142%	$79.0M	$35.8M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.082	−0.062%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.030	−0.147%	$3.0M	$418K	20x	as long as short
ApeX Omni DRAMUSDTlong	+0.0100%	1h	61.120	long leg	$21K	$185K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.050	−0.115%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.052	−0.112%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	−0.016%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0224%	1h	61.069	−0.083%	$1.1M	$1.2M	20x	as long as short