Funding you earn now, next payment 09:00 UTC−0.0173%/8h= −19.0% APRnext payment −$0.22 per $10,000 · paid last 24h −0.007%
Price spread now: RISEx against Coinbase International+1.284%7-day average +0.155% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs+$80as in the Price arb table
costs, in and out, $10k−$330.328% of the position
Funding, last 4 days (all we have)−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)−1.202%−$120 · spread now +1.284%, 7d avg +0.155%
=The price spread pays, funding is against you. RISEx is 1.129% dearer against Coinbase International than usual: you sell high and buy low (spread +1.284% now, against its 7-day average of +0.155%): +$113 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 22 days. At the pace of the last 4 days (−0.023% in total) that is about 6 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DRAM-PERP-INTX | 60.100 | 0.0280 | pay 0.0035% / 1h | 57m 05s | $527K | $87K | 20x |
| Short | RISEx DRAM/USDC | 60.872 | 0.0107 | get 0.0013% / 1h | 57m 05s | $441K | $347K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$36.41
- Price spread: +1.284% → +0.155%
- $112.85
- Slippage, 4 orders
- −$16.76
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $43.69
- Costs to cover
- 0.328%
- Break-even
- from the start
Slippage from Coinbase International: live order book, 36 min ago; RISEx: live order book, 36 min ago.
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, 36 min ago | 4.15 bp | 9.1 bp −$9 | 11.7 bp −$117 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 36 min ago | 1.74 bp | 4.7 bp −$5 | 5.7 bp −$57 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:DRAM | −0.0610% | 1h | 60.803 | +1.170% | $1.0M | $1.2M | 25x | as long as short |
| Bitget DRAMUSDT | −0.0337% | 8h | 60.970 | +1.448% | $26.6M | $15.2M | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.910 | +1.348% | $760 | $2.5M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.900 | +1.331% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.930 | +1.381% | $1.7M | $1.3M | 10x | as long as short |
| Aster DRAMUSDT | +0.0008% | 8h | 60.933 | +1.386% | $195K | $27K | 20x | as long as short |
| Variational Omni DRAM | +0.0018% | 8h | 60.794 | +1.154% | $2.2M | $736K | — | as long as short |
| Aftermath Perps DRAMUSD | +0.0039% | 1h | 60.791 | +1.150% | $1K | $28K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.840 | +1.231% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0048% | 1h | 60.870 | +1.281% | $992K | $95K | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.883 | +1.303% | $253K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.919 | +1.363% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.810 | +1.181% | $1.1M | $3.5M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0073% | 4h | 60.859 | +1.263% | $147K | $298K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0080% | 8h | 61.000 | +1.498% | $5.4M | $6.5M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0089% | 8h | 60.930 | +1.381% | $8.8M | $5.5M | 100x | as long as short |
| tradeXYZ xyz:DRAM | +0.0095% | 1h | 60.921 | +1.366% | $79.5M | $36.7M | 20x | as long as short |
| Extended DRAM-USD | +0.0096% | 1h | 60.887 | +1.309% | $74K | $257K | 10x | as long as short |
| Binance DRAMUSDT | +0.0098% | 8h | 60.929 | +1.379% | $44.2M | $92.4M | 50x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.833 | +1.220% | $73K | $30K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.840 | +1.231% | $3.0M | $409K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.810 | +1.181% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.920 | +1.364% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.906 | +1.341% | $4K | — | 10x | as long as short |
| RISEx DRAM/USDCshort | +0.0107% | 1h | 60.872 | +1.284% | $441K | $347K | 20x | |
| Bybit DRAMUSDT | +0.0169% | 8h | 60.957 | +1.426% | $9.6M | $10.6M | 100x | as long as short |
| Gate DRAM_USDT | +0.0178% | 8h | 60.980 | +1.464% | $7.9M | $3.6M | 75x | as long as short |
| Lighter DRAM | +0.0184% | 1h | 60.919 | +1.363% | $1.1M | $1.3M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0210% | 8h | 60.884 | +1.305% | — | — | 5x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0243% | 1h | 60.900 | +1.331% | $13K | $3K | 20x | as long as short |
| Coinbase International DRAM-PERP-INTXlong | +0.0280% | 1h | 60.100 | long leg | $527K | $87K | 20x | |
| BloFin DRAM-USDT | +0.0307% | 8h | 60.910 | +1.348% | $299K | $26K | 20x | as long as short |
| Arcus DRAM-USD | +0.0540% | 1h | 60.870 | +1.281% | $47K | $68K | 10x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0685% | 8h | 60.840 | +1.231% | $36K | $214K | 10x | as long as short |
Coinbase International DRAM-PERP-INTX
RISEx DRAM/USDC
Bitget DRAMUSDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aster DRAMUSDT
Variational Omni DRAM
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
edgeX DRAMUSDC
OKX DRAM-USDT-SWAP
MEXC DRAM_USDT
tradeXYZ xyz:DRAM
Extended DRAM-USD
Binance DRAMUSDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Bybit DRAMUSDT
Gate DRAM_USDT
Lighter DRAM
Paradex DRAM-USD-PERP
Deribit DRAM_USDC-PERPETUAL
BloFin DRAM-USDT
GRVT DRAM_USDT_Perp