Funding you earn now, next payment 00:00 UTC+0.0282%/8h= +30.8% APRpaid last 24h +0.023%
Price spread now: MEXC against Ondo Perps+0.065%7-day average +0.101% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 7 days+0.125%+$12 · spread now +0.065%, 7d avg +0.101%
=Together, before fees+0.186%+ Points / potential airdropOndo Perps: Active · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.036% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.065% now, against its 7-day average of +0.101%). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.062% in total) that is about 4.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.062% in total (about 3.2% a year). A funding rate is set anew for every payment. 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 | 61.920 | 0.0050 | pay 0.0006% / 1h | 35m 47s | $1.2M | $1.8M | 10x |
| Short | MEXC DRAM_USDT | 61.960 | 0.0332 | get 0.0332% / 8h | 35m 47s | $11.2M | $6.5M | 100x |
Ondo Perps DRAM-USD.P
MEXC DRAM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $59.14
- Price spread: +0.065% → +0.101%
- −$3.61
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $50.53
- Costs to cover
- 0.050%
- Break-even
- 1.0 days
Slippage unknown: Ondo Perps: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago | 0.81 bp | 0.8 bp −$1 | 0.8 bp −$8 | 5.7 bp −$569 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate DRAM_USDT | 0.0000% | 8h | 61.980 | +0.097% | $8.3M | $3.5M | 75x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.980 | +0.097% | $656 | $3.2M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.910 | −0.016% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.800 | −0.194% | $1.8M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0023% | 4h | 61.961 | +0.066% | $153K | $289K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0039% | 1h | 61.983 | +0.101% | $1K | $36K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.910 | −0.016% | — | $797 | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.948 | +0.045% | $211K | $1.2M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.968 | +0.078% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.Plong | +0.0050% | 1h | 61.920 | long leg | $1.2M | $1.8M | 10x |
Gate DRAM_USDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
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 | +0.0079% | 1h | 61.940 | +0.032% | $1.0M | $80K | 10x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.994 | +0.120% | $76K | $40K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.930 | +0.016% | $3.0M | $475K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.990 | +0.113% | $22K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.990 | +0.113% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.986 | +0.106% | $4K | — | 10x | as long as short |
| Bitget DRAMUSDT | +0.0155% | 8h | 61.960 | +0.065% | $26.0M | $12.7M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0156% | 8h | 61.980 | +0.097% | $5.4M | $4.6M | 50x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0192% | 1h | 61.580 | −0.549% | $510K | $43K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0197% | 8h | 61.992 | +0.116% | — | — | 5x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0204% | 8h | 61.980 | +0.098% | $36K | $172K | 10x | as long as short |
| Aster DRAMUSDT | +0.0205% | 8h | 61.999 | +0.128% | $199K | $36K | 20x | as long as short |
| Lighter DRAM | +0.0232% | 1h | 61.970 | +0.081% | $978K | $1.2M | 20x | as long as short |
| Bybit DRAMUSDT | +0.0286% | 8h | 62.000 | +0.129% | $9.3M | $10.5M | 100x | as long as short |
| RISEx DRAM/USDC | +0.0295% | 1h | 61.980 | +0.097% | $457K | $475K | 20x | as long as short |
| Variational Omni DRAM | +0.0299% | 8h | 61.988 | +0.110% | $2.4M | $954K | — | as long as short |
| MEXC DRAM_USDTshort | +0.0332% | 8h | 61.960 | +0.065% | $11.2M | $6.5M | 100x | |
| tradeXYZ xyz:DRAM | +0.0339% | 1h | 61.963 | +0.069% | $80.4M | $39.8M | 20x | as long as short |
| Binance DRAMUSDT | +0.0341% | 8h | 61.970 | +0.081% | $43.8M | $82.5M | 50x | as long as short |
| Extended DRAM-USD | +0.0344% | 1h | 61.959 | +0.064% | $77K | $767K | 10x | as long as short |
| Entropy io:DRAM | +0.0360% | 1h | 61.921 | +0.002% | $258K | $503K | 25x | as long as short |
| BloFin DRAM-USDT | +0.0602% | 8h | 61.970 | +0.081% | $253K | $27K | 20x | as long as short |
| Arcus DRAM-USD | +0.0680% | 1h | 61.960 | +0.065% | $50K | $89K | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0719% | 1h | 61.970 | +0.081% | $13K | $9K | 20x | as long as short |
QFEX DRAM-USD
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Bitget DRAMUSDT
OKX DRAM-USDT-SWAP
Coinbase International DRAM-PERP-INTX
Paradex DRAM-USD-PERP
GRVT DRAM_USDT_Perp
Aster DRAMUSDT
Lighter DRAM
Bybit DRAMUSDT
RISEx DRAM/USDC
Variational Omni DRAM
tradeXYZ xyz:DRAM
Binance DRAMUSDT
Extended DRAM-USD
Entropy io:DRAM
BloFin DRAM-USDT
Arcus DRAM-USD
Deribit DRAM_USDC-PERPETUAL