DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.03 per $10,000 · paid last 24h 0.000%

Price spread now: tradeXYZ against Coinbase International−0.431%7-day average +0.121% · you buy dearer than you sell

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$440.439% of the position

Long on Coinbase International Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.135%−$13 on $10k

Price spread, last 4 days (all we have)+0.429%+$43 · spread now −0.431%, 7d avg +0.121%

Together, before fees+0.295%+ Points / potential airdroptradeXYZ: Active · farm board+$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.553% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.431% now, against its 7-day average of +0.121%). If the spread goes back, that is −$55 on $10k: about 2 months of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.135%, so the current rate has only just turned in your favour.

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	39m 12s	$533K	$75K	20x
Short	tradeXYZ xyz:DRAM	61.842	0.0129	get 0.0016% / 1h	39m 12s	$80.8M	$35.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.431%Rate

Funding earned: $5.23
Price spread: −0.431% → +0.121%: −$55.25
Slippage, 4 orders: −$15.93
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$93.95
Costs to cover: 0.439%
Break-even: 132.7 days

Slippage from Coinbase International: live order book, 14 min ago; tradeXYZ: live order book, 10 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, 14 min ago	4.82 bp	11.0 bp −$11	15.0 bp −$150	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 10 min ago	0.32 bp	10.6 bp −$11	12.0 bp −$120	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
RISEx DRAM/USDC	0.0000%	1h	61.878	−0.373%	$435K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.900	−0.338%	$26.1M	$13.6M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.003	−0.172%	$36K	$183K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.910	−0.322%	$800	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.980	−0.209%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.880	−0.370%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0021%	1h	61.964	−0.236%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.900	−0.338%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.950	−0.258%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.870	−0.386%	—	—	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	61.913	−0.317%	$164K	$454K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.855	−0.411%	$260K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.875	−0.378%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.950	−0.258%	$1.1M	$2.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0067%	8h	61.890	−0.354%	$5.4M	$4.6M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0081%	8h	61.874	−0.379%	—	—	5x	as long as short
Bybit DRAMUSDT	+0.0091%	8h	61.898	−0.341%	$9.6M	$9.7M	100x	as long as short
edgeX DRAMUSDC	+0.0095%	4h	61.990	−0.193%	$150K	$297K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.884	−0.363%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.850	−0.419%	$3.0M	$395K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.050	−0.097%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.880	−0.370%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.887	−0.358%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTXlong	+0.0104%	1h	62.110	long leg	$533K	$75K	20x
tradeXYZ xyz:DRAMshort	+0.0129%	1h	61.842	−0.431%	$80.8M	$35.4M	20x
Lighter DRAM	+0.0160%	1h	61.885	−0.362%	$1.0M	$1.2M	20x	as long as short
Aster DRAMUSDT	+0.0172%	8h	61.896	−0.344%	$199K	$35K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0235%	1h	61.870	−0.386%	$13K	$3K	20x	as long as short
Variational Omni DRAM	+0.0236%	8h	61.984	−0.203%	$2.4M	$739K	—	as long as short
BloFin DRAM-USDT	+0.0260%	8h	61.880	−0.370%	$299K	$26K	20x	as long as short
Extended DRAM-USD	+0.0288%	1h	61.863	−0.398%	$76K	$657K	10x	as long as short
Binance DRAMUSDT	+0.0289%	8h	61.872	−0.384%	$44.3M	$80.6M	50x	as long as short
MEXC DRAM_USDT	+0.0289%	8h	61.880	−0.370%	$8.2M	$5.5M	100x	as long as short
Gate DRAM_USDT	+0.0517%	8h	61.930	−0.290%	$8.1M	$3.5M	75x	as long as short