Funding you earn now, next payment 22:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h −0.050%
Price spread now: Bitget against Entropy+0.099%7-day average +0.014% · 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−$41as in the Price arb table
costs, in and out, $10k−$500.499% of the position
Funding, last 4 days (all we have)−0.117%−$12 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.099%, 7d avg +0.014%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.085% dearer against Entropy than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.014%. Mind the row above: over the last 4 days funding on this pair cost −0.117%, 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 | Entropy io:DRAM | 61.539 | 0.0050 | pay 0.0006% / 1h | 5m 36s | $251K | $503K | 25x |
| Short | Bitget DRAMUSDT | 61.600 | 0.0084 | get 0.0084% / 8h | 2h 05m | $25.9M | $12.6M | 20x |
Entropy io:DRAM
Bitget DRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Entropy. 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
- $7.14
- Price spread: +0.099% → +0.014%
- $8.47
- Slippage, 4 orders
- −$19.92
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$34.32
- Costs to cover
- 0.499%
- Break-even
- 40.6 days
Slippage from Entropy: live order book, 9 min ago; Bitget: live order book, 3 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 Entropy live order book, 9 min ago | 3.01 bp | 14.5 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.81 bp | 11.4 bp −$11 | 18.3 bp −$183 | 36.8 bp −$3,683 | 97.1 bp −$48.5K |
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 | 61.600 | +0.099% | $8.2M | $3.6M | 75x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.580 | +0.067% | $762 | $3.3M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.540 | +0.002% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.590 | +0.083% | $1.8M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0001% | 4h | 61.574 | +0.057% | $152K | $289K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0032% | 1h | 61.565 | +0.042% | $1K | $36K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.550 | +0.018% | — | $797 | 10x | as long as short |
| Entropy io:DRAMlong | +0.0050% | 1h | 61.539 | long leg | $251K | $503K | 25x | |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.578 | +0.063% | $203K | $1.2M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.580 | +0.067% | $2K | $15K | 20x | as long as short |
Gate DRAM_USDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USD
SoDEX DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.530 | −0.015% | $1.2M | $1.7M | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0054% | 8h | 61.610 | +0.115% | $5.4M | $4.9M | 50x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0075% | 1h | 61.570 | +0.050% | $13K | $9K | 20x | as long as short |
| QFEX DRAM-USD | +0.0080% | 1h | 61.580 | +0.067% | $1.0M | $77K | 10x | as long as short |
| Bitget DRAMUSDTshort | +0.0084% | 8h | 61.600 | +0.099% | $25.9M | $12.6M | 20x | |
| Aster DRAMUSDT | +0.0086% | 8h | 61.590 | +0.083% | $201K | $36K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.604 | +0.105% | $75K | $40K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.570 | +0.050% | $3.0M | $484K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.580 | +0.067% | $22K | $183K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.570 | +0.050% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.591 | +0.085% | $4K | — | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0123% | 1h | 61.582 | +0.070% | $78.9M | $39.7M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0127% | 8h | 61.591 | +0.085% | — | — | 5x | as long as short |
| Bybit DRAMUSDT | +0.0132% | 8h | 61.627 | +0.143% | $9.2M | $10.3M | 100x | as long as short |
| Lighter DRAM | +0.0144% | 1h | 61.590 | +0.083% | $990K | $1.2M | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0158% | 8h | 61.580 | +0.067% | $36K | $190K | 10x | as long as short |
| Variational Omni DRAM | +0.0178% | 8h | 61.573 | +0.056% | $2.4M | $978K | — | as long as short |
| BloFin DRAM-USDT | +0.0207% | 8h | 61.580 | +0.067% | $295K | $26K | 20x | as long as short |
| Extended DRAM-USD | +0.0216% | 1h | 61.592 | +0.086% | $102K | $741K | 10x | as long as short |
| Binance DRAMUSDT | +0.0217% | 8h | 61.603 | +0.104% | $43.7M | $82.9M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0219% | 8h | 61.600 | +0.099% | $11.1M | $6.4M | 100x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0232% | 1h | 61.580 | +0.067% | $510K | $44K | 20x | as long as short |
| RISEx DRAM/USDC | +0.0459% | 1h | 61.600 | +0.100% | $479K | $443K | 20x | as long as short |
| Arcus DRAM-USD | +0.0739% | 1h | 61.580 | +0.067% | $50K | $94K | 10x | as long as short |
Ondo Perps DRAM-USD.P
OKX DRAM-USDT-SWAP
Deribit DRAM_USDC-PERPETUAL
QFEX DRAM-USD
Aster DRAMUSDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
tradeXYZ xyz:DRAM
Paradex DRAM-USD-PERP
Bybit DRAMUSDT
Lighter DRAM
GRVT DRAM_USDT_Perp
Variational Omni DRAM
BloFin DRAM-USDT
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
Coinbase International DRAM-PERP-INTX
RISEx DRAM/USDC
Arcus DRAM-USD