DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0061%/8h= −6.6% APRnext payment −$0.08 per $10,000 · paid last 24h −0.014%

Price spread now: QFEX against ApeX Omni−0.131%56s7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$930.927% of the position

Long on ApeX Omni Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.081%−$8 on $10k

Price spread, last 4 days (all we have)+0.105%+$11 · spread now −0.131%, 7d avg −0.019%

Together, before fees+0.024%+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.112% 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 −0.019%). Swap the legs. The two prices were read 56 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	61.230	0.0100	pay 0.0013% / 1h	41m 57s	$21K	$186K	50x
Short	QFEX DRAM-USD	61.150	0.0039	get 0.0005% / 1h	41m 57s	$996K	$84K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.131%Rate

Funding earned: −$12.73
Price spread: −0.131% → −0.019%: −$11.19
Slippage, 4 orders: −$72.73
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$116.65
Costs to cover: 0.927%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 64 min ago; QFEX: live order book, 13 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, 64 min ago	27.58 bp	39.2 bp −$39	199.0 bp −$1,990	doesn't fit	doesn't fit
Sell QFEX live order book, 13 min ago	2.45 bp	7.4 bp −$7	7.4 bp −$74	13.6 bp −$1,364	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	−0.0487%	8h	61.150	−0.131%	$26.0M	$14.6M	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.150	−0.131%	$9.4M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.156	−0.120%	$424K	$367K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.180	−0.082%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.243	+0.021%	$36K	$200K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.140	−0.147%	$690	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.180	−0.082%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.140	−0.147%	$1.7M	$1.3M	10x	as long as short
Aster DRAMUSDT	+0.0017%	8h	61.171	−0.096%	$197K	$35K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0027%	8h	61.150	−0.131%	$5.4M	$5.9M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps DRAMUSD	+0.0029%	1h	61.173	−0.094%	$1K	$31K	5x	as long as short
QFEX DRAM-USDshort	+0.0039%	1h	61.150	−0.131%	$996K	$84K	10x
Arcus DRAM-USD	+0.0040%	1h	61.170	−0.098%	$48K	$68K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.130	−0.163%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.167	−0.103%	$169K	$469K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.113	−0.191%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.135	−0.155%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.090	−0.229%	$1.1M	$3.4M	10x	as long as short
Variational Omni DRAM	+0.0076%	8h	61.194	−0.058%	$2.3M	$682K	—	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0077%	1h	61.120	−0.180%	$13K	$3K	20x	as long as short
edgeX DRAMUSDC	+0.0085%	4h	61.216	−0.023%	$148K	$299K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0097%	1h	61.107	−0.201%	$79.2M	$35.9M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.151	−0.130%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.130	−0.163%	$3.0M	$415K	20x	as long as short
ApeX Omni DRAMUSDTlong	+0.0100%	1h	61.230	long leg	$21K	$186K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.150	−0.131%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0102%	8h	61.135	−0.155%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.144	−0.140%	$4K	—	10x	as long as short
BloFin DRAM-USDT	+0.0115%	8h	61.200	−0.049%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0118%	8h	61.140	−0.147%	$43.7M	$87.5M	50x	as long as short
Extended DRAM-USD	+0.0120%	1h	61.127	−0.169%	$74K	$193K	10x	as long as short
MEXC DRAM_USDT	+0.0120%	8h	61.130	−0.163%	$8.0M	$5.6M	100x	as long as short
Lighter DRAM	+0.0128%	1h	61.158	−0.118%	$1.1M	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	−0.196%	$525K	$75K	20x	as long as short