DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.11 per $10,000 · paid last 24h −0.031%

Price spread now: Extended against Deribit−0.030%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 Extended

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.030% cheaper against Deribit than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 28 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit DRAM_USDC-PERPETUAL	61.420	0.0076	pay 0.0009% / 1h	2m 08s	$13K	$3K	20x
Short	Extended DRAM-USD	61.402	0.0160	get 0.0020% / 1h	2m 08s	$76K	$188K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.030%Rate

Funding earned: $17.7
Price spread: −0.030% → 0.000%: −$2.95
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $2.75
Costs to cover: 0.120%
Break-even: 5.9 days

Slippage unknown: Deribit: no order-book sample; Extended: live order book, 45 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 Extended live order book, 45 min ago	0.41 bp	3.2 bp −$3	6.0 bp −$60	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
Bitget DRAMUSDT	−0.0459%	8h	61.440	+0.033%	$26.1M	$14.5M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.426	+0.010%	$425K	$506K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.480	+0.098%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.462	+0.068%	$36K	$196K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.410	−0.016%	$779	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.370	−0.081%	$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
Bybit DRAMUSDT	+0.0011%	8h	61.467	+0.077%	$9.4M	$10.2M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.372	−0.078%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.390	−0.049%	$48K	$69K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0045%	8h	61.460	+0.065%	$5.5M	$5.7M	50x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.410	−0.016%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.430	+0.016%	$1.0M	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.407	−0.021%	$255K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.421	+0.002%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.400	−0.033%	$1.1M	$3.4M	10x	as long as short
Aster DRAMUSDT	+0.0058%	8h	61.445	+0.041%	$198K	$35K	20x	as long as short
Entropy io:DRAM	+0.0067%	1h	61.378	−0.068%	$170K	$470K	25x	as long as short
edgeX DRAMUSDC	+0.0073%	4h	61.428	+0.013%	$149K	$298K	20x	as long as short
Deribit DRAM_USDC-PERPETUALlong	+0.0076%	1h	61.420	long leg	$13K	$3K	20x
Pacifica DRAM	+0.0100%	1h	61.385	−0.056%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.400	−0.033%	$3.0M	$411K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.440	+0.033%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.410	−0.016%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.421	+0.001%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0106%	8h	61.444	+0.039%	$2.3M	$669K	—	as long as short
Paradex DRAM-USD-PERP	+0.0118%	8h	61.417	−0.004%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0147%	1h	61.425	+0.008%	$79.6M	$36.1M	20x	as long as short
Extended DRAM-USDshort	+0.0160%	1h	61.402	−0.030%	$76K	$188K	10x
Binance DRAMUSDT	+0.0161%	8h	61.430	+0.016%	$44.0M	$87.0M	50x	as long as short
MEXC DRAM_USDT	+0.0162%	8h	61.410	−0.016%	$8.1M	$5.7M	100x	as long as short
BloFin DRAM-USDT	+0.0183%	8h	61.430	+0.016%	$298K	$26K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.110	−0.505%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0240%	1h	61.440	+0.033%	$1.1M	$1.2M	20x	as long as short