DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0291%/8h= +31.8% APRnext payment +$0.36 per $10,000 · paid last 24h +0.050%

Price spread now: Deribit against Coinbase International−0.048%7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on Deribit

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

Funding pays, the price is against you. Deribit is 0.048% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 13 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International DRAM-PERP-INTX	62.110	0.0104	pay 0.0013% / 1h	48m 07s	$533K	$75K	20x
Short	Deribit DRAM_USDC-PERPETUAL	62.080	0.0395	get 0.0049% / 1h	48m 07s	$13K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 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 Coinbase InternationalbpFee DeribitbpOrdersPrice spread, now −0.048%Rate

Funding earned: $61.06
Price spread: −0.048% → 0.000%: −$4.83
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $39.23
Costs to cover: 0.170%
Break-even: 2.5 days

Slippage unknown: Coinbase International: live order book, 5 min ago; Deribit: 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, 5 min ago	4.82 bp	11.0 bp −$11	15.0 bp −$150	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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	62.047	−0.101%	$437K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	62.120	+0.016%	$26.0M	$13.4M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.199	+0.144%	$37K	$179K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.080	−0.048%	$803	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.060	−0.081%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.110	0.000%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0020%	1h	62.116	+0.010%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	62.050	−0.097%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.090	−0.032%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.030	−0.129%	—	—	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	62.077	−0.053%	$160K	$451K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.039	−0.114%	$265K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.061	−0.079%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.010	−0.161%	$1.1M	$2.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0071%	8h	62.140	+0.048%	$5.4M	$4.6M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0076%	8h	62.048	−0.100%	—	—	5x	as long as short
Lighter DRAM	+0.0080%	1h	62.078	−0.052%	$1.0M	$1.2M	20x	as long as short
edgeX DRAMUSDC	+0.0095%	4h	62.186	+0.122%	$151K	$298K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.056	−0.088%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.050	−0.097%	$3.0M	$395K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.230	+0.193%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.090	−0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.078	−0.051%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTXlong	+0.0104%	1h	62.110	long leg	$533K	$75K	20x
Bybit DRAMUSDT	+0.0107%	8h	62.115	+0.008%	$9.7M	$9.7M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0124%	1h	62.079	−0.050%	$81.3M	$35.5M	20x	as long as short
Aster DRAMUSDT	+0.0193%	8h	62.065	−0.073%	$200K	$35K	20x	as long as short
Variational Omni DRAM	+0.0261%	8h	62.144	+0.055%	$2.4M	$748K	—	as long as short
BloFin DRAM-USDT	+0.0287%	8h	62.090	−0.032%	$300K	$26K	20x	as long as short
Extended DRAM-USD	+0.0304%	1h	62.062	−0.078%	$76K	$662K	10x	as long as short
Binance DRAMUSDT	+0.0306%	8h	62.090	−0.032%	$44.5M	$80.5M	50x	as long as short
MEXC DRAM_USDT	+0.0310%	8h	62.100	−0.016%	$8.2M	$5.5M	100x	as long as short
Deribit DRAM_USDC-PERPETUALshort	+0.0395%	1h	62.080	−0.048%	$13K	$3K	20x
Gate DRAM_USDT	+0.0569%	8h	62.120	+0.016%	$8.1M	$3.5M	75x	as long as short