Funding you earn now, next payment 06:00 UTC−0.0120%/8h= −13.1% APRnext payment −$0.15 per $10,000 · paid last 24h +0.037%
Price spread now: Arcus against Coinbase International+0.295%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
The price spread pays, funding is against you. Arcus is 0.295% dearer against Coinbase International than usual: you sell high and buy low (spread +0.295% now, against zero (this spread has no 7-day history yet)): +$29 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 8.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DRAM-PERP-INTX | 61.110 | 0.0160 | pay 0.0020% / 1h | 54m 27s | $525K | $75K | 20x |
| Short | Arcus DRAM-USD | 61.290 | 0.0040 | get 0.0005% / 1h | 54m 27s | $48K | $69K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Coinbase International. 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
- −$25.14
- Price spread: +0.295% → 0.000%
- $29.46
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$10.19
- Costs to cover
- 0.145%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 54 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 Coinbase International live order book, 54 min ago | 4.06 bp | 9.2 bp −$9 | 13.0 bp −$130 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0435% | 8h | 61.240 | +0.213% | $26.0M | $14.5M | 20x | as long as short |
| Bybit DRAMUSDT | 0.0000% | 8h | 61.230 | +0.196% | $9.4M | $10.3M | 100x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 61.215 | +0.172% | $424K | $419K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 61.280 | +0.278% | $8.0M | $3.7M | 75x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.360 | +0.409% | $36K | $199K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.280 | +0.278% | $856 | $2.6M | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | 0.0000% | 1h | 61.250 | +0.229% | $13K | $3K | 20x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.240 | +0.213% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.280 | +0.278% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0028% | 1h | 61.330 | +0.359% | $1K | $31K | 5x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DRAM-USDT-SWAP | +0.0036% | 8h | 61.230 | +0.196% | $5.4M | $5.6M | 50x | as long as short |
| QFEX DRAM-USD | +0.0039% | 1h | 61.210 | +0.164% | $997K | $84K | 10x | as long as short |
| Aster DRAMUSDT | +0.0040% | 8h | 61.244 | +0.219% | $197K | $35K | 20x | as long as short |
| Arcus DRAM-USDshort | +0.0040% | 1h | 61.290 | +0.295% | $48K | $69K | 10x | |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.210 | +0.164% | — | — | 10x | as long as short |
| edgeX DRAMUSDC | +0.0049% | 4h | 61.407 | +0.485% | $149K | $297K | 20x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 61.267 | +0.257% | $169K | $468K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.186 | +0.124% | $254K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.280 | +0.278% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.370 | +0.425% | $1.1M | $3.4M | 10x | as long as short |
| Lighter DRAM | +0.0064% | 1h | 61.243 | +0.218% | $1.1M | $1.1M | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0075% | 1h | 61.202 | +0.151% | $79.3M | $35.8M | 20x | as long as short |
| Variational Omni DRAM | +0.0091% | 8h | 61.274 | +0.269% | $2.3M | $682K | — | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.218 | +0.177% | $73K | $46K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.240 | +0.213% | $3.0M | $413K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.330 | +0.360% | $21K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.280 | +0.278% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.282 | +0.281% | $4K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0108% | 8h | 61.232 | +0.199% | — | — | 5x | as long as short |
| Binance DRAMUSDT | +0.0144% | 8h | 61.215 | +0.172% | $43.8M | $87.1M | 50x | as long as short |
| Extended DRAM-USD | +0.0144% | 1h | 61.200 | +0.147% | $74K | $190K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0146% | 8h | 61.210 | +0.164% | $8.0M | $5.6M | 100x | as long as short |
| BloFin DRAM-USDT | +0.0153% | 8h | 61.300 | +0.311% | $299K | $26K | 20x | as long as short |
| Coinbase International DRAM-PERP-INTXlong | +0.0160% | 1h | 61.110 | long leg | $525K | $75K | 20x |
Coinbase International DRAM-PERP-INTX
Bitget DRAMUSDT
Bybit DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
Deribit DRAM_USDC-PERPETUAL
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
OKX DRAM-USDT-SWAP
Aster DRAMUSDT
edgeX DRAMUSDC
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Lighter DRAM
tradeXYZ xyz:DRAM
Variational Omni DRAM
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Paradex DRAM-USD-PERP
Binance DRAMUSDT
Extended DRAM-USD
MEXC DRAM_USDT
BloFin DRAM-USDT