Funding you earn now, next payment 08:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h —
Price spread now: Ondo Perps against Paradex−0.032%58s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Ondo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.032% cheaper against Paradex than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 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 | Paradex DRAM-USD-PERP | 60.839 | 0.0092 | pay 0.0092% / 8h | 2m 40s | — | — | 5x |
| Short | Ondo Perps DRAM-USD.P | 60.820 | 0.0050 | get 0.0006% / 1h | 2m 40s | $1.1M | $3.5M | 10x |
Paradex DRAM-USD-PERP
Ondo Perps DRAM-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Paradex. 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
- −$8.84
- Price spread: −0.032% → 0.000%
- −$3.18
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$21.02
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Ondo Perps: no order-book sample. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Paradex and 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0764% | 8h | 60.910 | +0.116% | $26.6M | $15.1M | 20x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.869 | +0.048% | $195K | $39K | 20x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.864 | +0.041% | $421K | $339K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 60.910 | +0.116% | $8.0M | $3.8M | 75x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.867 | +0.045% | $2.3M | $589K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.888 | +0.081% | $36K | $209K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.880 | +0.067% | $841 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.840 | +0.001% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.880 | +0.067% | $1.7M | $1.3M | 10x | as long as short |
| Extended DRAM-USD | +0.0008% | 1h | 60.855 | +0.026% | $74K | $198K | 10x | as long as short |
Bitget DRAMUSDT
Aster DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
Variational Omni DRAM
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Extended DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DRAM_USDT | +0.0010% | 8h | 60.860 | +0.034% | $8.4M | $5.7M | 100x | as long as short |
| Binance DRAMUSDT | +0.0010% | 8h | 60.860 | +0.034% | $43.8M | $89.0M | 50x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0012% | 8h | 60.880 | +0.067% | $5.4M | $6.0M | 50x | as long as short |
| Bybit DRAMUSDT | +0.0021% | 8h | 60.888 | +0.080% | $9.6M | $10.4M | 100x | as long as short |
| Aftermath Perps DRAMUSD | +0.0038% | 1h | 60.857 | +0.029% | $1K | $29K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.840 | +0.001% | $47K | $67K | 10x | as long as short |
| QFEX DRAM-USD | +0.0040% | 1h | 60.850 | +0.018% | $991K | $84K | 10x | as long as short |
| BloFin DRAM-USDT | +0.0041% | 8h | 60.890 | +0.083% | $298K | $26K | 20x | as long as short |
| edgeX DRAMUSDC | +0.0045% | 4h | 60.863 | +0.040% | $148K | $299K | 20x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.830 | −0.015% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.824 | −0.025% | $179K | $479K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.833 | −0.010% | $253K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.859 | +0.032% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.Pshort | +0.0050% | 1h | 60.820 | −0.032% | $1.1M | $3.5M | 10x | |
| Paradex DRAM-USD-PERPlong | +0.0092% | 8h | 60.839 | long leg | — | — | 5x | |
| Pacifica DRAM | +0.0100% | 1h | 60.868 | +0.048% | $73K | $34K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.850 | +0.018% | $3.0M | $419K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.890 | +0.083% | $21K | $183K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.860 | +0.034% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.852 | +0.021% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0176% | 1h | 60.940 | +0.165% | $523K | $75K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0183% | 1h | 60.834 | −0.009% | $78.8M | $35.7M | 20x | as long as short |
| Lighter DRAM | +0.0344% | 1h | 60.849 | +0.016% | $1.1M | $1.2M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0408% | 1h | 60.850 | +0.018% | $13K | $3K | 20x | as long as short |
MEXC DRAM_USDT
Binance DRAMUSDT
OKX DRAM-USDT-SWAP
Bybit DRAMUSDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
QFEX DRAM-USD
BloFin DRAM-USDT
edgeX DRAMUSDC
Vest DRAM-USD-PERP
Entropy io:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Coinbase International DRAM-PERP-INTX
tradeXYZ xyz:DRAM
Lighter DRAM
Deribit DRAM_USDC-PERPETUAL