DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0217%/8h= −23.7% APRnext payment −$0.27 per $10,000 · paid last 24h −0.043%

Price spread now: QFEX against Extended−0.047%7-day average +0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$210.214% of the position

Long on Extended Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.047%−$5 on $10k

Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.047%, 7d avg +0.030%

Together, before fees+0.017%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and QFEX is 0.077% cheaper against Extended than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.030%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.047% in total (about -5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.27 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	61.959	0.0296	pay 0.0037% / 1h	44m 28s	$77K	$766K	10x
Short	QFEX DRAM-USD	61.930	0.0079	get 0.0010% / 1h	44m 28s	$1.0M	$80K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.047%Rate

Funding earned: −$45.53
Price spread: −0.047% → +0.030%: −$7.7
Slippage, 4 orders: −$6.43
Fee Extended: 2.5 bp × 2 orders: −$5
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$74.65
Costs to cover: 0.214%
Break-even: never at this rate

Slippage from Extended: live order book, 34 min ago; QFEX: live order book, 1 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, 34 min ago	0.49 bp	3.3 bp −$3	7.6 bp −$76	doesn't fit	doesn't fit
Sell QFEX live order book, 1 min ago	2.42 bp	7.4 bp −$7	7.4 bp −$74	12.4 bp −$1,239	doesn't fit

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	62.000	+0.066%	$8.3M	$3.4M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.980	+0.034%	$640	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.910	−0.079%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.850	−0.176%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	61.955	−0.006%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.860	−0.160%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.951	−0.013%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.967	+0.013%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.900	−0.095%	$1.2M	$1.8M	10x	as long as short
edgeX DRAMUSDC	+0.0066%	4h	61.944	−0.025%	$153K	$290K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USDshort	+0.0079%	1h	61.930	−0.047%	$1.0M	$80K	10x
Pacifica DRAM	+0.0100%	1h	61.980	+0.034%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.920	−0.063%	$3.0M	$475K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.970	+0.018%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.980	+0.034%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.987	+0.045%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0140%	8h	61.980	+0.034%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0143%	8h	61.960	+0.002%	$26.0M	$12.7M	20x	as long as short
Aster DRAMUSDT	+0.0169%	8h	61.999	+0.064%	$199K	$36K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0170%	8h	61.973	+0.023%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0176%	8h	61.941	−0.029%	$36K	$178K	10x	as long as short
Lighter DRAM	+0.0192%	1h	61.968	+0.015%	$978K	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.611%	$510K	$43K	20x	as long as short
Variational Omni DRAM	+0.0261%	8h	61.987	+0.046%	$2.4M	$948K	—	as long as short
Bybit DRAMUSDT	+0.0275%	8h	62.030	+0.115%	$9.4M	$10.5M	100x	as long as short
Entropy io:DRAM	+0.0291%	1h	61.902	−0.092%	$260K	$502K	25x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.976	+0.028%	$457K	$475K	20x	as long as short
Extended DRAM-USDlong	+0.0296%	1h	61.959	long leg	$77K	$766K	10x
MEXC DRAM_USDT	+0.0298%	8h	61.960	+0.002%	$11.2M	$6.5M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0301%	1h	61.978	+0.031%	$80.4M	$39.9M	20x	as long as short
Binance DRAMUSDT	+0.0302%	8h	61.974	+0.024%	$43.9M	$82.6M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0396%	1h	61.970	+0.018%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0552%	8h	61.980	+0.034%	$295K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.960	+0.002%	$50K	$89K	10x	as long as short