Spread before costs (cost unknown: a leg has no order-book sample)+0.052%
7d average—if it closes, per $10,000$5funding while held, a day+$3.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex DRAMUSDT | 61.830 | 0 | get 0.0000% / 8h | 5h 01m | $1.8M | $1.2M | 10x |
| Short | Aevo DRAM-PERP | 61.862 | 0.0104 | get 0.0013% / 1h | 1m 18s | $4K | — | 10x |
Phemex DRAMUSDT
Aevo DRAM-PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $5.16
- Funding while held
- $3.12
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$19.72
- Spread needed to break even
- 0.280%
Slippage unknown: Phemex: live order book, 3 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0104%
- Per $10,000 a day
- +$3.12
- Average in range /8h
- —
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 Phemex live order book, 3 min ago | 3.24 bp | 51.1 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International61.370cheapestVariational Omni61.777+0.663%Ondo Perps61.820+0.733%Vest61.820+0.733%Aftermath Perps61.822+0.737%Pacifica61.828+0.746%
Coinbase International
Variational Omni
Ondo Perps
Vest
PacificaPhemex61.830+0.750%
edgeX61.833+0.754%Entropy61.839+0.764%KuCoin61.840+0.766%SunX61.840+0.766%HTX61.840+0.766%Polymarket Perps61.846+0.776%QFEX61.850+0.782%Aster61.854+0.789%SoDEX61.855+0.790%OKX61.860+0.798%Arcus61.860+0.798%MEXC61.860+0.798%Bitget61.860+0.798%Deribit61.860+0.798%BloFin61.860+0.798%tradeXYZ61.861+0.800%
Entropy
KuCoin
SunX
HTX
Polymarket Perps
QFEX
Aster
SoDEX
OKX
Arcus
MEXC
Bitget
Deribit
BloFin
tradeXYZAevo61.862+0.802%
RISEx61.862+0.802%Paradex61.867+0.810%Extended61.868+0.811%Binance61.868+0.811%Lighter61.873+0.820%Gate61.880+0.831%ApeX Omni61.880+0.831%Orderly61.880+0.831%Bybit61.890+0.847%
RISEx
Paradex
Extended
Binance
Lighter
Gate
ApeX Omni
Orderly
BybitDRAM on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International DRAM-PERP-INTX | −0.744% | +0.0160% | 1h | $508K | $41K | 20x | as long as short |
| Variational Omni DRAM | −0.085% | 0.0000% | 8h | $2.4M | $993K | — | as long as short |
| Ondo Perps DRAM-USD.P | −0.016% | +0.0050% | 1h | $1.1M | $1.6M | 10x | as long as short |
| Vest DRAM-USD-PERP | −0.016% | +0.0046% | 1h | — | $797 | 10x | as long as short |
| Aftermath Perps DRAMUSD | −0.012% | +0.0138% | 1h | $1K | $36K | 5x | as long as short |
| Pacifica DRAM | −0.004% | +0.0100% | 1h | $75K | $40K | 10x | as long as short |
| Phemex DRAMUSDTlong | 0.000% | 0.0000% | 8h | $1.8M | $1.2M | 10x | |
| edgeX DRAMUSDC | +0.005% | +0.0058% | 4h | $153K | $289K | 20x | as long as short |
| Entropy io:DRAM | +0.015% | +0.0102% | 1h | $247K | $510K | 25x | as long as short |
| KuCoin DRAMUSDTM | +0.016% | +0.0100% | 8h | $3.0M | $455K | 20x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX DRAM-USDT | +0.016% | 0.0000% | 8h | $735 | $3.2M | 10x | as long as short |
| HTX DRAM-USDT | +0.016% | 0.0000% | 8h | $28K | $3K | 20x | as long as short |
| Polymarket Perps DRAM-USD | +0.026% | +0.0050% | 1h | $194K | $1.2M | 10x | as long as short |
| QFEX DRAM-USD | +0.032% | +0.0034% | 1h | $1.0M | $62K | 10x | as long as short |
| Aster DRAMUSDT | +0.039% | 0.0000% | 8h | $203K | $28K | 20x | as long as short |
| SoDEX DRAM-USD | +0.040% | +0.0050% | 1h | $2K | $15K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.049% | 0.0000% | 8h | $5.4M | $4.8M | 50x | as long as short |
| Arcus DRAM-USD | +0.049% | +0.0406% | 1h | $50K | $99K | 10x | as long as short |
| MEXC DRAM_USDT | +0.049% | 0.0000% | 8h | $11.7M | $6.2M | 100x | as long as short |
| Bitget DRAMUSDT | +0.049% | 0.0000% | 8h | $26.1M | $11.3M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.049% | +0.0397% | 1h | $13K | $9K | 20x | as long as short |
| BloFin DRAM-USDT | +0.049% | +0.0120% | 8h | $300K | $26K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.050% | +0.0051% | 1h | $79.5M | $36.4M | 20x | as long as short |
| Aevo DRAM-PERPshort | +0.052% | +0.0104% | 1h | $4K | — | 10x | |
| RISEx DRAM/USDC | +0.052% | 0.0000% | 1h | $448K | $424K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.060% | +0.0054% | 8h | — | — | 5x | as long as short |
| Extended DRAM-USD | +0.061% | 0.0000% | 1h | $74K | $712K | 10x | as long as short |
| Binance DRAMUSDT | +0.061% | 0.0000% | 8h | $43.6M | $74.4M | 50x | as long as short |
| Lighter DRAM | +0.070% | +0.0064% | 1h | $997K | $1.2M | 20x | as long as short |
| Gate DRAM_USDT | +0.081% | 0.0000% | 8h | $8.2M | $3.3M | 75x | as long as short |
| ApeX Omni DRAMUSDT | +0.081% | +0.0100% | 1h | $22K | $179K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.081% | +0.0100% | 8h | $9K | — | 10x | as long as short |
| Bybit DRAMUSDT | +0.097% | 0.0000% | 8h | $9.1M | $9.6M | 100x | as long as short |