Funding you earn now, next payment 02:00 UTC−0.0134%/8h= −14.6% APRnext payment −$0.17 per $10,000 · paid last 24h −0.036%
Price spread now: Ondo Perps against Coinbase International+0.145%7-day average +0.052% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.240%−$24 on $10k
+Price spread, last 4 days (all we have)−0.179%−$18 · spread now +0.145%, 7d avg +0.052%
=Together, before fees−0.419%+ Points / potential airdropOndo Perps: Active · farm board−$42 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.093% dearer against Coinbase International than usual: you sell high and buy low (spread +0.145% now, against its 7-day average of +0.052%): +$9 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DRAM-PERP-INTX | 62.040 | 0.0184 | pay 0.0023% / 1h | 27m 49s | $534K | $76K | 20x |
| Short | Ondo Perps DRAM-USD.P | 62.130 | 0.0050 | get 0.0006% / 1h | 27m 49s | $1.2M | $2.1M | 10x |
Coinbase International DRAM-PERP-INTX
Ondo Perps DRAM-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- −$28.06
- Price spread: +0.145% → +0.052%
- $9.33
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$33.73
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 35 min ago; Ondo Perps: 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, 35 min ago | 4.82 bp | 9.8 bp −$10 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | 62.214 | +0.280% | $441K | $506K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.210 | +0.274% | $958 | $2.8M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.210 | +0.274% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.220 | +0.290% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0030% | 1h | 62.203 | +0.262% | $1K | $33K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.220 | +0.290% | $51K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.190 | +0.242% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.205 | +0.266% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.216 | +0.284% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.Pshort | +0.0050% | 1h | 62.130 | +0.145% | $1.2M | $2.1M | 10x |
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USD
SoDEX DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX DRAM-USD | +0.0055% | 1h | 62.200 | +0.258% | $1.0M | $78K | 10x | as long as short |
| Entropy io:DRAM | +0.0063% | 1h | 62.184 | +0.232% | $251K | $422K | 25x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0072% | 1h | 62.200 | +0.258% | $13K | $3K | 20x | as long as short |
| edgeX DRAMUSDC | +0.0073% | 4h | 62.261 | +0.356% | $151K | $298K | 20x | as long as short |
| Bitget DRAMUSDT | +0.0078% | 8h | 62.220 | +0.290% | $26.2M | $13.2M | 20x | as long as short |
| Lighter DRAM | +0.0096% | 1h | 62.183 | +0.230% | $966K | $1.0M | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.210 | +0.273% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.220 | +0.290% | $3.0M | $401K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.210 | +0.274% | $22K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.240 | +0.322% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.239 | +0.321% | $4K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0134% | 8h | 62.198 | +0.255% | — | — | 5x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0166% | 8h | 62.270 | +0.371% | $37K | $157K | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0174% | 1h | 62.179 | +0.224% | $81.6M | $37.2M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTXlong | +0.0184% | 1h | 62.040 | long leg | $534K | $76K | 20x | |
| OKX DRAM-USDT-SWAP | +0.0192% | 8h | 62.230 | +0.306% | $5.5M | $4.4M | 50x | as long as short |
| Bybit DRAMUSDT | +0.0268% | 8h | 62.250 | +0.338% | $9.7M | $10.1M | 100x | as long as short |
| Aster DRAMUSDT | +0.0394% | 8h | 62.236 | +0.316% | $200K | $36K | 20x | as long as short |
| Variational Omni DRAM | +0.0480% | 8h | 62.252 | +0.342% | $2.4M | $715K | — | as long as short |
| Extended DRAM-USD | +0.0512% | 1h | 62.193 | +0.247% | $75K | $669K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0515% | 8h | 62.210 | +0.274% | $9.2M | $5.6M | 100x | as long as short |
| Binance DRAMUSDT | +0.0515% | 8h | 62.220 | +0.291% | $44.7M | $81.7M | 50x | as long as short |
| Gate DRAM_USDT | +0.0540% | 8h | 62.260 | +0.355% | $8.1M | $3.5M | 75x | as long as short |
| BloFin DRAM-USDT | +0.0774% | 8h | 62.250 | +0.338% | $301K | $26K | 20x | as long as short |
QFEX DRAM-USD
Entropy io:DRAM
Deribit DRAM_USDC-PERPETUAL
edgeX DRAMUSDC
Bitget DRAMUSDT
Lighter DRAM
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Paradex DRAM-USD-PERP
GRVT DRAM_USDT_Perp
tradeXYZ xyz:DRAM
OKX DRAM-USDT-SWAP
Bybit DRAMUSDT
Aster DRAMUSDT
Variational Omni DRAM
Extended DRAM-USD
MEXC DRAM_USDT
Binance DRAMUSDT
Gate DRAM_USDT
BloFin DRAM-USDT