After costs, if the gap returns to its 7d average, $10k−$111
spread now0.000%7d average−0.074%fees + slippage, in and out−$119spread needed1.186%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex DRAMUSDT | 61.390 | 0 | get 0.0000% / 8h | 6h 49m | $1.8M | $1.2M | 10x |
| Short | Arcus DRAM-USD | 61.390 | 0.0405 | get 0.0051% / 1h | 49m 19s | $50K | $100K | 10x |
Phemex DRAMUSDT
Arcus DRAM-USDPrice 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
- $0
- Funding while held
- $12.15
- Slippage, 4 orders
- −$102.14
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$106.49
- Spread needed to break even
- 1.186%
Slippage from Phemex: live order book, 5 min ago; Arcus: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0405%
- Per $10,000 a day
- +$12.15
- 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, 5 min ago | 0.81 bp | 59.7 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 6 min ago | 0.81 bp | 6.2 bp −$6 | 9.1 bp −$91 | doesn't fit | doesn't fit |
DRAM price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps61.340cheapestDeribit61.360+0.033%KuCoin61.380+0.065%Bitget61.380+0.065%Vest61.380+0.065%Pacifica61.382+0.068%Lighter61.386+0.075%Polymarket Perps61.386+0.075%Aevo61.388+0.078%OKX61.390+0.082%
Ondo Perps
Deribit
KuCoin
Bitget
Vest
Pacifica
Lighter
Polymarket Perps
Aevo
OKXArcus61.390+0.082%
Phemex61.390+0.082%
tradeXYZ61.391+0.083%SoDEX61.392+0.085%Binance61.394+0.088%Extended61.396+0.091%RISEx61.397+0.093%Aster61.399+0.096%QFEX61.400+0.098%MEXC61.400+0.098%Gate61.410+0.114%Orderly61.410+0.114%SunX61.410+0.114%Paradex61.410+0.115%Entropy61.417+0.126%BloFin61.420+0.130%Bybit61.421+0.132%Aftermath Perps61.421+0.133%ApeX Omni61.440+0.163%HTX61.450+0.179%Variational Omni61.458+0.192%edgeX61.481+0.230%Coinbase International61.570+0.375%
tradeXYZ
SoDEX
Binance
Extended
RISEx
Aster
QFEX
MEXC
Gate
Orderly
SunX
Paradex
Entropy
BloFin
Bybit
ApeX Omni
HTX
Variational Omni
Coinbase InternationalDRAM on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps DRAM-USD.P | −0.081% | +0.0050% | 1h | $1.1M | $1.5M | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | −0.049% | 0.0000% | 1h | $13K | $9K | 20x | as long as short |
| KuCoin DRAMUSDTM | −0.016% | +0.0100% | 8h | $3.0M | $437K | 20x | as long as short |
| Bitget DRAMUSDT | −0.016% | 0.0000% | 8h | $25.9M | $11.1M | 20x | as long as short |
| Vest DRAM-USD-PERP | −0.016% | +0.0046% | 1h | — | $797 | 10x | as long as short |
| Pacifica DRAM | −0.013% | +0.0100% | 1h | $75K | $40K | 10x | as long as short |
| Lighter DRAM | −0.007% | +0.0056% | 1h | $999K | $1.2M | 20x | as long as short |
| Polymarket Perps DRAM-USD | −0.007% | +0.0050% | 1h | $191K | $1.1M | 10x | as long as short |
| Aevo DRAM-PERP | −0.003% | +0.0104% | 1h | $4K | — | 10x | as long as short |
| OKX DRAM-USDT-SWAP | 0.000% | 0.0000% | 8h | $5.4M | $4.7M | 50x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus DRAM-USDshort | 0.000% | +0.0405% | 1h | $50K | $100K | 10x | |
| Phemex DRAMUSDTlong | 0.000% | 0.0000% | 8h | $1.8M | $1.2M | 10x | |
| tradeXYZ xyz:DRAM | +0.002% | +0.0086% | 1h | $78.6M | $35.6M | 20x | as long as short |
| SoDEX DRAM-USD | +0.003% | +0.0050% | 1h | $2K | $15K | 20x | as long as short |
| Binance DRAMUSDT | +0.007% | 0.0000% | 8h | $43.6M | $72.0M | 50x | as long as short |
| Extended DRAM-USD | +0.009% | 0.0000% | 1h | $74K | $712K | 10x | as long as short |
| RISEx DRAM/USDC | +0.012% | 0.0000% | 1h | $442K | $408K | 20x | as long as short |
| Aster DRAMUSDT | +0.014% | 0.0000% | 8h | $201K | $28K | 20x | as long as short |
| QFEX DRAM-USD | +0.016% | +0.0030% | 1h | $1.0M | $55K | 10x | as long as short |
| MEXC DRAM_USDT | +0.016% | 0.0000% | 8h | $11.6M | $6.2M | 100x | as long as short |
| Gate DRAM_USDT | +0.033% | 0.0000% | 8h | $8.1M | $3.2M | 75x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.033% | +0.0100% | 8h | $8K | — | 10x | as long as short |
| SunX DRAM-USDT | +0.033% | 0.0000% | 8h | $854 | $3.2M | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.033% | +0.0054% | 8h | — | — | 5x | as long as short |
| Entropy io:DRAM | +0.044% | +0.0086% | 1h | $246K | $508K | 25x | as long as short |
| BloFin DRAM-USDT | +0.049% | +0.0120% | 8h | $300K | $24K | 20x | as long as short |
| Bybit DRAMUSDT | +0.050% | 0.0000% | 8h | $8.9M | $9.1M | 100x | as long as short |
| Aftermath Perps DRAMUSD | +0.051% | +0.0149% | 1h | $1K | $35K | 5x | as long as short |
| ApeX Omni DRAMUSDT | +0.081% | +0.0100% | 1h | $21K | $176K | 50x | as long as short |
| HTX DRAM-USDT | +0.098% | 0.0000% | 8h | $28K | $2K | 20x | as long as short |
| Variational Omni DRAM | +0.110% | 0.0000% | 8h | $2.4M | $1.0M | — | as long as short |
| edgeX DRAMUSDC | +0.148% | +0.0033% | 4h | $152K | $288K | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.293% | +0.0152% | 1h | $511K | $36K | 20x | as long as short |