DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0534%/8h= −58.4% APRnext payment −$0.67 per $10,000 · paid last 24h −0.002%

Price spread now: Entropy against Extended+0.022%7-day average +0.029% · 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−$43as in the Price arb table

costs, in and out, $10k−$420.418% of the position

Long on Extended Short on Entropy

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.054%+$5 on $10k

Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.022%, 7d avg +0.029%

Together, before fees+0.003%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.054%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.054% in total (about 4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.67 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DRAM-USD	62.127	0.0584	pay 0.0073% / 1h	19m 34s	$75K	$669K	10x
Short	Entropy io:DRAM	62.141	0.0050	get 0.0006% / 1h	19m 34s	$252K	$430K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Entropy against Extended. 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 ExtendedbpFee EntropybpOrdersPrice spread, now +0.022%Rate

Funding earned: −$112.05
Price spread: +0.022% → +0.029%: −$0.73
Slippage, 4 orders: −$18.85
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Entropy: 9 bp × 2 orders: −$18
Net: −$154.62
Costs to cover: 0.418%
Break-even: never at this rate

Slippage from Extended: live order book, 48 min ago; Entropy: live order book, 26 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 Extended live order book, 48 min ago	0.40 bp	3.2 bp −$3	7.0 bp −$70	doesn't fit	doesn't fit
Sell Entropy live order book, 26 min ago	3.21 bp	17.7 bp −$18	doesn't fit	doesn't fit	doesn't fit

DRAM on 33 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
SunX DRAM-USDT	0.0000%	8h	62.190	+0.101%	$874	$2.9M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.150	+0.036%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.140	+0.020%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0032%	4h	62.187	+0.096%	$151K	$297K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.164	+0.059%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.170	+0.069%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.140	+0.020%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.130	+0.004%	$1.0M	$78K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.153	+0.041%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.139	+0.019%	$2K	$15K	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.090	−0.060%	$1.1M	$1.9M	10x	as long as short
Entropy io:DRAMshort	+0.0050%	1h	62.141	+0.022%	$252K	$430K	25x
Pacifica DRAM	+0.0100%	1h	62.129	+0.003%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.140	+0.020%	$3.0M	$404K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.190	+0.101%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.200	+0.117%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.169	+0.067%	$4K	—	10x	as long as short
Lighter DRAM	+0.0144%	1h	62.131	+0.006%	$966K	$1.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.130	+0.004%	$534K	$93K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0169%	8h	62.140	+0.021%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0217%	1h	62.117	−0.017%	$81.8M	$36.7M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0223%	8h	62.160	+0.053%	$5.5M	$4.5M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0233%	1h	62.150	+0.036%	$13K	$3K	20x	as long as short
Bitget DRAMUSDT	+0.0247%	8h	62.150	+0.036%	$26.0M	$13.0M	20x	as long as short
Bybit DRAMUSDT	+0.0301%	8h	62.171	+0.070%	$9.6M	$10.1M	100x	as long as short
GRVT DRAM_USDT_Perp	+0.0396%	8h	62.243	+0.186%	$37K	$154K	10x	as long as short
Aster DRAMUSDT	+0.0459%	8h	62.174	+0.075%	$200K	$36K	20x	as long as short
Gate DRAM_USDT	+0.0540%	8h	62.190	+0.101%	$8.2M	$3.5M	75x	as long as short
Variational Omni DRAM	+0.0547%	8h	62.183	+0.090%	$2.4M	$709K	—	as long as short
Extended DRAM-USDlong	+0.0584%	1h	62.127	long leg	$75K	$669K	10x
Binance DRAMUSDT	+0.0585%	8h	62.134	+0.010%	$44.6M	$81.8M	50x	as long as short
MEXC DRAM_USDT	+0.0586%	8h	62.150	+0.036%	$9.6M	$5.9M	100x	as long as short
RISEx DRAM/USDC	+0.0835%	1h	62.146	+0.030%	$447K	$504K	20x	as long as short