Funding you earn now, next payment 05:00 UTC+0.0060%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h −0.053%
Price spread now: Pacifica against Arcus−0.041%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Pacifica is 0.041% cheaper against Arcus than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.3 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus DRAM-USD | 61.920 | 0.0040 | pay 0.0005% / 1h | 26m 06s | $48K | $77K | 10x |
| Short | Pacifica DRAM | 61.894 | 0.0100 | get 0.0013% / 1h | 26m 06s | $74K | $47K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Arcus. 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
- $12.54
- Price spread: −0.041% → 0.000%
- −$4.13
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$4.09
- Costs to cover
- 0.125%
- Break-even
- 9.3 days
Slippage unknown: Arcus: no order-book sample; Pacifica: 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Arcus and Pacifica: 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 | 61.890 | −0.048% | $435K | $500K | 20x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 61.910 | −0.016% | $26.1M | $13.6M | 20x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.959 | +0.064% | $36K | $186K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.880 | −0.065% | $651 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.980 | +0.097% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.890 | −0.048% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0023% | 1h | 61.896 | −0.038% | $1K | $31K | 5x | as long as short |
| QFEX DRAM-USD | +0.0036% | 1h | 61.890 | −0.048% | $1.0M | $84K | 10x | as long as short |
| Arcus DRAM-USDlong | +0.0040% | 1h | 61.920 | long leg | $48K | $77K | 10x | |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.880 | −0.065% | — | — | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:DRAM | +0.0050% | 1h | 61.889 | −0.050% | $172K | $461K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.862 | −0.094% | $260K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.881 | −0.063% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.820 | −0.161% | $1.1M | $2.4M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0056% | 4h | 61.959 | +0.063% | $150K | $297K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0064% | 8h | 61.910 | −0.016% | $5.4M | $4.6M | 50x | as long as short |
| Bybit DRAMUSDT | +0.0086% | 8h | 61.908 | −0.019% | $9.6M | $9.8M | 100x | as long as short |
| Pacifica DRAMshort | +0.0100% | 1h | 61.894 | −0.041% | $74K | $47K | 10x | |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.870 | −0.081% | $3.0M | $397K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.950 | +0.048% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.900 | −0.032% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.897 | −0.037% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0104% | 1h | 62.110 | +0.307% | $533K | $75K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0112% | 8h | 61.887 | −0.054% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0136% | 1h | 61.866 | −0.087% | $80.6M | $35.6M | 20x | as long as short |
| Aster DRAMUSDT | +0.0160% | 8h | 61.892 | −0.046% | $199K | $35K | 20x | as long as short |
| Lighter DRAM | +0.0192% | 1h | 61.883 | −0.060% | $1.1M | $1.2M | 20x | as long as short |
| Variational Omni DRAM | +0.0226% | 8h | 61.974 | +0.087% | $2.4M | $739K | — | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0235% | 1h | 61.860 | −0.097% | $13K | $3K | 20x | as long as short |
| BloFin DRAM-USDT | +0.0261% | 8h | 61.960 | +0.065% | $300K | $26K | 20x | as long as short |
| Binance DRAMUSDT | +0.0278% | 8h | 61.887 | −0.053% | $44.4M | $81.1M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0278% | 8h | 61.880 | −0.065% | $8.2M | $5.6M | 100x | as long as short |
| Extended DRAM-USD | +0.0280% | 1h | 61.864 | −0.091% | $76K | $515K | 10x | as long as short |
| Gate DRAM_USDT | +0.0451% | 8h | 61.920 | 0.000% | $8.1M | $3.5M | 75x | as long as short |
Pacifica DRAM
RISEx DRAM/USDC
Bitget DRAMUSDT
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
edgeX DRAMUSDC
OKX DRAM-USDT-SWAP
Bybit DRAMUSDT
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Coinbase International DRAM-PERP-INTX
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
Aster DRAMUSDT
Lighter DRAM
Variational Omni DRAM
Deribit DRAM_USDC-PERPETUAL
BloFin DRAM-USDT
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
Gate DRAM_USDT