DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%

Price spread now: ApeX Omni against Ondo Perps+0.065%52s7-day average +0.126% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.086%+$9 on $10k

Price spread, last 4 days (all we have)+0.057%+$6 · spread now +0.065%, 7d avg +0.126%

Together, before fees+0.143%+ Points / potential airdropOndo Perps: Active · farm board+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.061% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.065% now, against its 7-day average of +0.126%). If the spread goes back, that is −$6 on $10k: about 4.1 days of funding at the current rate (+$1 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps DRAM-USD.P	61.720	0.0050	pay 0.0006% / 1h	14m 05s	$1.1M	$2.4M	10x
Short	ApeX Omni DRAMUSDT	61.760	0.0100	get 0.0013% / 1h	14m 05s	$22K	$184K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Ondo Perps. 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 Ondo PerpsbpFee ApeX OmnibpOrdersPrice spread, now +0.065%Rate

Funding earned: $10.42
Price spread: +0.065% → +0.126%: −$6.09
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$10.67
Costs to cover: 0.150%
Break-even: 14.2 days

Slippage unknown: Ondo Perps: no order-book sample; ApeX Omni: live order book, 37 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 37 min ago	22.53 bp	47.7 bp −$48	208.6 bp −$2,086	doesn't fit	doesn't fit

Ondo Perps: 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
RISEx DRAM/USDC	0.0000%	1h	61.764	+0.071%	$435K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.780	+0.097%	$26.0M	$13.7M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.779	+0.096%	$36K	$188K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.770	+0.081%	$823	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.800	+0.130%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.780	+0.097%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.760	+0.065%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.760	+0.065%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.770	+0.081%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.730	+0.016%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAM	+0.0050%	1h	61.746	+0.042%	$172K	$461K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.740	+0.032%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.765	+0.073%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.Plong	+0.0050%	1h	61.720	long leg	$1.1M	$2.4M	10x
OKX DRAM-USDT-SWAP	+0.0056%	8h	61.780	+0.097%	$5.4M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0071%	8h	61.780	+0.097%	$9.6M	$9.9M	100x	as long as short
edgeX DRAMUSDC	+0.0083%	4h	61.763	+0.070%	$150K	$299K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.745	+0.040%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.740	+0.032%	$3.0M	$398K	20x	as long as short
ApeX Omni DRAMUSDTshort	+0.0100%	1h	61.760	+0.065%	$22K	$184K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.780	+0.097%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.767	+0.076%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	61.720	0.000%	$530K	$74K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0109%	8h	61.760	+0.064%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0131%	1h	61.740	+0.032%	$80.3M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0140%	8h	61.758	+0.062%	$199K	$35K	20x	as long as short
Variational Omni DRAM	+0.0197%	8h	61.824	+0.169%	$2.4M	$739K	—	as long as short
Lighter DRAM	+0.0208%	1h	61.774	+0.087%	$1.1M	$1.2M	20x	as long as short
BloFin DRAM-USDT	+0.0226%	8h	61.830	+0.178%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0255%	8h	61.761	+0.066%	$44.2M	$81.7M	50x	as long as short
MEXC DRAM_USDT	+0.0255%	8h	61.760	+0.065%	$8.2M	$5.6M	100x	as long as short
Extended DRAM-USD	+0.0256%	1h	61.747	+0.043%	$75K	$239K	10x	as long as short
Gate DRAM_USDT	+0.0389%	8h	61.790	+0.113%	$8.1M	$3.6M	75x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.750	+0.049%	$13K	$3K	20x	as long as short