DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.037%

Price spread now: Coinbase International against Deribit−0.147%7-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 Coinbase International

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 −$5 a day on $10k at the current rate, and Coinbase International is 0.147% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit DRAM_USDC-PERPETUAL	61.420	0.0402	pay 0.0050% / 1h	48m 08s	$13K	$3K	20x
Short	Coinbase International DRAM-PERP-INTX	61.330	0.0232	get 0.0029% / 1h	48m 08s	$537K	$91K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.147%Rate

Funding earned: −$35.63
Price spread: −0.147% → 0.000%: −$14.65
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$67.29
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 63 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 Coinbase International live order book, 63 min ago	3.29 bp	8.7 bp −$9	12.9 bp −$129	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 exchanges

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
Bybit DRAMUSDT	0.0000%	8h	61.447	+0.044%	$9.6M	$11.3M	100x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.450	+0.049%	$26.8M	$17.0M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.450	+0.049%	$910	$2.4M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.400	−0.033%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.420	0.000%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0029%	1h	61.411	−0.015%	$1K	$26K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.360	−0.098%	$60K	$81K	10x	as long as short
edgeX DRAMUSDC	+0.0042%	4h	61.465	+0.073%	$149K	$299K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.360	−0.098%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.363	−0.093%	$255K	$1.3M	10x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	61.431	+0.018%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.380	−0.065%	$1.1M	$3.6M	10x	as long as short
QFEX DRAM-USD	+0.0057%	1h	61.420	0.000%	$1.0M	$98K	10x	as long as short
Lighter DRAM	+0.0096%	1h	61.420	0.000%	$1.1M	$1.4M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.431	+0.018%	$74K	$30K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.400	−0.033%	$3.0M	$417K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.500	+0.130%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.430	+0.016%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.442	+0.037%	$4K	—	10x	as long as short
tradeXYZ xyz:DRAM	+0.0112%	1h	61.402	−0.029%	$79.7M	$38.4M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0127%	8h	61.396	−0.039%	—	—	5x	as long as short
Gate DRAM_USDT	+0.0129%	8h	61.460	+0.065%	$8.0M	$3.8M	75x	as long as short
OKX DRAM-USDT-SWAP	+0.0173%	8h	61.440	+0.033%	$5.5M	$6.7M	50x	as long as short
Coinbase International DRAM-PERP-INTXshort	+0.0232%	1h	61.330	−0.147%	$537K	$91K	20x
Aster DRAMUSDT	+0.0235%	8h	61.431	+0.017%	$196K	$28K	20x	as long as short
Variational Omni DRAM	+0.0278%	8h	61.459	+0.064%	$2.2M	$689K	—	as long as short
Extended DRAM-USD	+0.0328%	1h	61.416	−0.006%	$100K	$295K	10x	as long as short
Binance DRAMUSDT	+0.0332%	8h	61.440	+0.033%	$44.6M	$97.9M	50x	as long as short
MEXC DRAM_USDT	+0.0334%	8h	61.440	+0.033%	$9.0M	$5.4M	100x	as long as short
Deribit DRAM_USDC-PERPETUALlong	+0.0402%	1h	61.420	long leg	$13K	$3K	20x
BloFin DRAM-USDT	+0.0441%	8h	61.480	+0.098%	$306K	$27K	20x	as long as short
RISEx DRAM/USDC	+0.0600%	1h	61.420	0.000%	$462K	$369K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0779%	8h	61.473	+0.086%	$37K	$220K	10x	as long as short
Entropy io:DRAM	+0.0808%	1h	61.359	−0.099%	$321K	$1.7M	25x	as long as short