DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0458%/8h= −50.1% APRnext payment −$0.57 per $10,000 · paid last 24h −0.069%

Price spread now: ApeX Omni against Deribit−0.145%74s7-day average — · you buy dearer than you sell

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

Long on Deribit Short on ApeX Omni

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

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and ApeX Omni is 0.145% cheaper against Deribit than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit DRAM_USDC-PERPETUAL	61.950	0.0558	pay 0.0070% / 1h	38m 04s	$13K	$9K	20x
Short	ApeX Omni DRAMUSDT	61.860	0.0100	get 0.0013% / 1h	38m 04s	$22K	$185K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Deribit. 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 DeribitbpFee ApeX OmnibpOrdersPrice spread, now −0.145%Rate

Funding earned: −$96.13
Price spread: −0.145% → 0.000%: −$14.53
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$127.66
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; ApeX Omni: live order book, 38 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 38 min ago	30.75 bp	44.2 bp −$44	227.8 bp −$2,278	doesn't fit	doesn't fit

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
Gate DRAM_USDT	0.0000%	8h	61.970	+0.032%	$8.3M	$3.4M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.960	+0.016%	$764	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.910	−0.065%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.800	−0.242%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0006%	4h	61.964	+0.022%	$153K	$289K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0038%	1h	61.984	+0.054%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.920	−0.048%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.944	−0.010%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.961	+0.018%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.920	−0.048%	$1.2M	$1.8M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0079%	1h	61.950	0.000%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.972	+0.035%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.930	−0.032%	$3.0M	$475K	20x	as long as short
ApeX Omni DRAMUSDTshort	+0.0100%	1h	61.860	−0.145%	$22K	$185K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.980	+0.048%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.971	+0.035%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0150%	8h	61.970	+0.032%	$26.0M	$12.7M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0151%	8h	61.970	+0.032%	$5.4M	$4.6M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0186%	8h	61.968	+0.029%	—	—	5x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.597%	$510K	$43K	20x	as long as short
Aster DRAMUSDT	+0.0193%	8h	61.977	+0.043%	$199K	$36K	20x	as long as short
Lighter DRAM	+0.0200%	1h	61.950	0.000%	$977K	$1.2M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0204%	8h	61.980	+0.049%	$36K	$172K	10x	as long as short
Variational Omni DRAM	+0.0276%	8h	61.967	+0.028%	$2.4M	$947K	—	as long as short
Bybit DRAMUSDT	+0.0282%	8h	61.995	+0.073%	$9.3M	$10.5M	100x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.969	+0.030%	$457K	$475K	20x	as long as short
MEXC DRAM_USDT	+0.0322%	8h	61.980	+0.048%	$11.2M	$6.5M	100x	as long as short
Binance DRAMUSDT	+0.0328%	8h	61.972	+0.036%	$43.8M	$82.6M	50x	as long as short
Extended DRAM-USD	+0.0328%	1h	61.962	+0.019%	$77K	$766K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0331%	1h	61.955	+0.008%	$80.4M	$39.7M	20x	as long as short
Entropy io:DRAM	+0.0342%	1h	61.922	−0.045%	$260K	$502K	25x	as long as short
Deribit DRAM_USDC-PERPETUALlong	+0.0558%	1h	61.950	long leg	$13K	$9K	20x
BloFin DRAM-USDT	+0.0581%	8h	61.980	+0.048%	$253K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.950	0.000%	$50K	$89K	10x	as long as short