Funding you earn now, next payment 07:00 UTC−0.0092%/8h= −10.1% APRpaid last 24h —
Price spread now: Paradex against Coinbase International−0.371%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Paradex is 0.371% cheaper against Coinbase International than usual: you would sell low and buy high (−$37 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DRAM-PERP-INTX | 61.110 | 0.0176 | pay 0.0022% / 1h | 51m 42s | $525K | $75K | 20x |
| Short | Paradex DRAM-USD-PERP | 60.883 | 0.0084 | get 0.0084% / 8h | 51m 42s | — | — | 5x |
Coinbase International DRAM-PERP-INTX
Paradex DRAM-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$19.39
- Price spread: −0.371% → 0.000%
- −$37.13
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$70.52
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 51 min ago; Paradex: 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, 51 min ago | 4.91 bp | 11.3 bp −$11 | 14.0 bp −$140 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | −0.0748% | 8h | 60.960 | −0.245% | $26.2M | $14.8M | 20x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.920 | −0.311% | $196K | $35K | 20x | as long as short |
| Bybit DRAMUSDT | 0.0000% | 8h | 60.940 | −0.278% | $9.4M | $10.2M | 100x | as long as short |
| OKX DRAM-USDT-SWAP | 0.0000% | 8h | 60.930 | −0.295% | $5.4M | $6.0M | 50x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.887 | −0.365% | $421K | $347K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 60.960 | −0.245% | $8.0M | $3.7M | 75x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.884 | −0.370% | $2.3M | $582K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.884 | −0.369% | $36K | $205K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.900 | −0.344% | $732 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.900 | −0.344% | $27K | $3K | 20x | as long as short |
Bitget DRAMUSDT
Aster DRAMUSDT
Bybit DRAMUSDT
OKX DRAM-USDT-SWAP
RISEx DRAM/USDC
Gate DRAM_USDT
Variational Omni DRAM
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex DRAMUSDT | 0.0000% | 8h | 60.900 | −0.344% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0031% | 1h | 60.879 | −0.379% | $1K | $30K | 5x | as long as short |
| Binance DRAMUSDT | +0.0037% | 8h | 60.920 | −0.311% | $43.6M | $88.4M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0038% | 8h | 60.910 | −0.327% | $7.7M | $5.7M | 100x | as long as short |
| Extended DRAM-USD | +0.0040% | 1h | 60.892 | −0.357% | $74K | $191K | 10x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.860 | −0.409% | $47K | $67K | 10x | as long as short |
| QFEX DRAM-USD | +0.0040% | 1h | 60.890 | −0.360% | $991K | $84K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.870 | −0.393% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.861 | −0.407% | $179K | $480K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.866 | −0.399% | $253K | $1.4M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.891 | −0.358% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.810 | −0.491% | $1.1M | $3.5M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0061% | 4h | 60.867 | −0.397% | $148K | $297K | 20x | as long as short |
| Paradex DRAM-USD-PERPshort | +0.0084% | 8h | 60.883 | −0.371% | — | — | 5x | |
| Pacifica DRAM | +0.0100% | 1h | 60.923 | −0.306% | $73K | $46K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.890 | −0.360% | $3.0M | $421K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.900 | −0.344% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.900 | −0.344% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.885 | −0.369% | $4K | — | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0114% | 1h | 60.898 | −0.347% | $78.8M | $35.9M | 20x | as long as short |
| BloFin DRAM-USDT | +0.0120% | 8h | 60.900 | −0.344% | $298K | $26K | 20x | as long as short |
| Coinbase International DRAM-PERP-INTXlong | +0.0176% | 1h | 61.110 | long leg | $525K | $75K | 20x | |
| Lighter DRAM | +0.0224% | 1h | 60.913 | −0.322% | $1.1M | $1.2M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0243% | 1h | 60.870 | −0.393% | $13K | $3K | 20x | as long as short |
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
Arcus DRAM-USD
QFEX DRAM-USD
Vest DRAM-USD-PERP
Entropy io:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
edgeX DRAMUSDC
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
tradeXYZ xyz:DRAM
BloFin DRAM-USDT
Lighter DRAM
Deribit DRAM_USDC-PERPETUAL