DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.04 per $10,000 · paid last 24h −0.016%

Price spread now: tradeXYZ against Extended−0.049%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$270.270% of the position

Long on Extended Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.049%, 7d avg −0.012%

Together, before fees+0.057%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and tradeXYZ is 0.037% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.012%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DRAM-USD	61.367	0.0176	pay 0.0022% / 1h	9m 06s	$76K	$188K	10x
Short	tradeXYZ xyz:DRAM	61.337	0.0148	get 0.0018% / 1h	9m 06s	$79.5M	$36.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.049%Rate

Funding earned: −$5.94
Price spread: −0.049% → −0.012%: −$3.68
Slippage, 4 orders: −$3.99
Fee Extended: 2.5 bp × 2 orders: −$5
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$36.61
Costs to cover: 0.270%
Break-even: never at this rate

Slippage from Extended: live order book, 38 min ago; tradeXYZ: live order book, 11 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, 38 min ago	0.41 bp	3.2 bp −$3	6.9 bp −$69	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 11 min ago	0.08 bp	9.1 bp −$9	11.0 bp −$110	doesn't fit	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
Bitget DRAMUSDT	−0.0509%	8h	61.390	+0.037%	$26.0M	$14.3M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.400	+0.053%	$425K	$507K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.430	+0.103%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.386	+0.031%	$36K	$196K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.360	−0.012%	$703	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.300	−0.109%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.380	+0.021%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0013%	8h	61.410	+0.070%	$9.4M	$10.2M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.264	−0.168%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.310	−0.093%	$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
Vest DRAM-USD-PERP	+0.0046%	1h	61.350	−0.028%	—	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0048%	8h	61.390	+0.037%	$5.5M	$5.7M	50x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.410	+0.070%	$1.0M	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.367	0.000%	$255K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.375	+0.013%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.340	−0.044%	$1.1M	$3.3M	10x	as long as short
edgeX DRAMUSDC	+0.0060%	4h	61.358	−0.014%	$149K	$297K	20x	as long as short
Aster DRAMUSDT	+0.0067%	8h	61.417	+0.081%	$198K	$35K	20x	as long as short
Entropy io:DRAM	+0.0090%	1h	61.299	−0.111%	$169K	$469K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	61.356	−0.018%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.340	−0.044%	$3.0M	$410K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.380	+0.021%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.370	+0.005%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.383	+0.025%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0111%	8h	61.364	−0.005%	$2.3M	$670K	—	as long as short
Paradex DRAM-USD-PERP	+0.0123%	8h	61.399	+0.052%	—	—	5x	as long as short
tradeXYZ xyz:DRAMshort	+0.0148%	1h	61.337	−0.049%	$79.5M	$36.1M	20x
Binance DRAMUSDT	+0.0173%	8h	61.380	+0.021%	$43.9M	$86.8M	50x	as long as short
MEXC DRAM_USDT	+0.0174%	8h	61.370	+0.005%	$8.1M	$5.7M	100x	as long as short
Extended DRAM-USDlong	+0.0176%	1h	61.367	long leg	$76K	$188K	10x
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.110	−0.419%	$525K	$75K	20x	as long as short
BloFin DRAM-USDT	+0.0185%	8h	61.450	+0.135%	$299K	$26K	20x	as long as short
Lighter DRAM	+0.0240%	1h	61.390	+0.037%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0402%	1h	61.380	+0.021%	$13K	$3K	20x	as long as short