Funding you earn now, next payment 03:00 UTC+0.0462%/8h= +50.5% APRnext payment +$0.58 per $10,000 · paid last 24h +0.051%
Price spread now: Extended against Ondo Perps+0.118%7-day average +0.079% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.118%, 7d avg +0.079%
=Together, before fees+0.043%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Extended is 0.039% dearer against Ondo Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.079%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.061% in total (about 3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.58 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 | Ondo Perps DRAM-USD.P | 62.140 | 0.0050 | pay 0.0006% / 1h | 26m 10s | $1.1M | $2.1M | 10x |
| Short | Extended DRAM-USD | 62.213 | 0.0512 | get 0.0064% / 1h | 26m 10s | $75K | $669K | 10x |
Ondo Perps DRAM-USD.P
Extended DRAM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $96.94
- Price spread: +0.118% → +0.079%
- $3.86
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $90.8
- Costs to cover
- 0.100%
- Break-even
- 0.4 days
Slippage unknown: Ondo Perps: no order-book sample; Extended: 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 Extended live order book, 37 min ago | 0.48 bp | 3.4 bp −$3 | 7.0 bp −$70 | 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 | 62.222 | +0.132% | $442K | $506K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.230 | +0.145% | $1K | $2.8M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.210 | +0.113% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.240 | +0.161% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0029% | 1h | 62.193 | +0.086% | $1K | $33K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.200 | +0.097% | $51K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.190 | +0.080% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.205 | +0.105% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.222 | +0.132% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.Plong | +0.0050% | 1h | 62.140 | long leg | $1.1M | $2.1M | 10x |
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX DRAM-USD | +0.0055% | 1h | 62.210 | +0.113% | $1.0M | $78K | 10x | as long as short |
| Entropy io:DRAM | +0.0063% | 1h | 62.180 | +0.064% | $250K | $422K | 25x | as long as short |
| edgeX DRAMUSDC | +0.0067% | 4h | 62.242 | +0.164% | $151K | $296K | 20x | as long as short |
| Bitget DRAMUSDT | +0.0069% | 8h | 62.240 | +0.161% | $26.2M | $13.2M | 20x | as long as short |
| Lighter DRAM | +0.0096% | 1h | 62.220 | +0.129% | $967K | $1.0M | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.221 | +0.130% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.220 | +0.129% | $3.0M | $401K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.210 | +0.113% | $22K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.240 | +0.161% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.239 | +0.159% | $4K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0131% | 8h | 62.204 | +0.103% | — | — | 5x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0162% | 8h | 62.270 | +0.209% | $36K | $158K | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0170% | 1h | 62.205 | +0.105% | $81.7M | $37.2M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 62.040 | −0.161% | $534K | $74K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0189% | 8h | 62.250 | +0.177% | $5.5M | $4.4M | 50x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0232% | 1h | 62.210 | +0.113% | $13K | $3K | 20x | as long as short |
| Bybit DRAMUSDT | +0.0258% | 8h | 62.260 | +0.193% | $9.7M | $10.1M | 100x | as long as short |
| Aster DRAMUSDT | +0.0391% | 8h | 62.235 | +0.154% | $200K | $36K | 20x | as long as short |
| Variational Omni DRAM | +0.0480% | 8h | 62.252 | +0.181% | $2.4M | $715K | — | as long as short |
| Binance DRAMUSDT | +0.0511% | 8h | 62.233 | +0.150% | $44.7M | $81.7M | 50x | as long as short |
| Extended DRAM-USDshort | +0.0512% | 1h | 62.213 | +0.118% | $75K | $669K | 10x | |
| MEXC DRAM_USDT | +0.0513% | 8h | 62.230 | +0.145% | $9.2M | $5.6M | 100x | as long as short |
| Gate DRAM_USDT | +0.0533% | 8h | 62.270 | +0.209% | $8.1M | $3.6M | 75x | as long as short |
| BloFin DRAM-USDT | +0.0768% | 8h | 62.210 | +0.113% | $301K | $26K | 20x | as long as short |
QFEX DRAM-USD
Entropy io:DRAM
edgeX DRAMUSDC
Bitget DRAMUSDT
Lighter DRAM
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Paradex DRAM-USD-PERP
GRVT DRAM_USDT_Perp
tradeXYZ xyz:DRAM
Coinbase International DRAM-PERP-INTX
OKX DRAM-USDT-SWAP
Deribit DRAM_USDC-PERPETUAL
Bybit DRAMUSDT
Aster DRAMUSDT
Variational Omni DRAM
Binance DRAMUSDT
MEXC DRAM_USDT
Gate DRAM_USDT
BloFin DRAM-USDT