After costs, if the gap returns to its 7d average, $10k−$96
spread now+0.028%7d average−0.035%fees + slippage, in and out−$103spread needed1.025%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex DRAMUSDT | 61.480 | 0 | get 0.0000% / 8h | 7h 42m | $1.8M | $1.1M | 10x |
| Short | Extended DRAM-USD | 61.497 | 0 | get 0.0000% / 1h | 42m 24s | $74K | $712K | 10x |
Phemex DRAMUSDT
Extended 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
- $2.75
- Funding while held
- $0
- Slippage, 4 orders
- −$85.54
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$99.79
- Spread needed to break even
- 1.025%
Slippage from Phemex: live order book, 2 min ago; Extended: live order book, 27 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 2 min ago | 2.44 bp | 39.8 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 27 min ago | 1.22 bp | 4.1 bp −$4 | 7.1 bp −$71 | doesn't fit | doesn't fit |
DRAM price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International61.300cheapestVariational Omni61.387+0.142%Aftermath Perps61.397+0.159%ApeX Omni61.400+0.163%Ondo Perps61.410+0.179%Entropy61.415+0.188%edgeX61.426+0.205%HTX61.440+0.228%Vest61.470+0.277%Pacifica61.471+0.278%SoDEX61.475+0.285%
Coinbase International
Variational Omni
ApeX Omni
Ondo Perps
Entropy
HTX
Vest
Pacifica
SoDEXPhemex61.480+0.294%
Aevo61.485+0.301%Arcus61.490+0.310%KuCoin61.490+0.310%Deribit61.490+0.310%BloFin61.490+0.310%Polymarket Perps61.492+0.313%tradeXYZ61.495+0.318%
Aevo
Arcus
KuCoin
Deribit
BloFin
Polymarket Perps
tradeXYZExtended61.497+0.321%
Lighter61.498+0.323%Paradex61.498+0.324%OKX61.500+0.326%QFEX61.500+0.326%MEXC61.500+0.326%Bitget61.500+0.326%SunX61.500+0.326%RISEx61.502+0.329%Binance61.505+0.334%Gate61.510+0.343%Orderly61.510+0.343%Aster61.515+0.350%Bybit61.520+0.359%
Lighter
Paradex
OKX
QFEX
MEXC
Bitget
SunX
RISEx
Binance
Gate
Orderly
Aster
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 | −0.293% | +0.0096% | 1h | $508K | $35K | 20x | as long as short |
| Variational Omni DRAM | −0.151% | 0.0000% | 8h | $2.4M | $1.1M | — | as long as short |
| Aftermath Perps DRAMUSD | −0.134% | +0.0150% | 1h | $1K | $35K | 5x | as long as short |
| ApeX Omni DRAMUSDT | −0.130% | +0.0100% | 1h | $21K | $175K | 50x | as long as short |
| Ondo Perps DRAM-USD.P | −0.114% | +0.0050% | 1h | $1.1M | $1.5M | 10x | as long as short |
| Entropy io:DRAM | −0.106% | +0.0021% | 1h | $246K | $517K | 25x | as long as short |
| edgeX DRAMUSDC | −0.088% | +0.0013% | 4h | $152K | $289K | 20x | as long as short |
| HTX DRAM-USDT | −0.065% | 0.0000% | 8h | $28K | $2K | 20x | as long as short |
| Vest DRAM-USD-PERP | −0.016% | +0.0046% | 1h | — | $797 | 10x | as long as short |
| Pacifica DRAM | −0.015% | +0.0100% | 1h | $75K | $40K | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX DRAM-USD | −0.008% | +0.0050% | 1h | $2K | $15K | 20x | as long as short |
| Phemex DRAMUSDTlong | 0.000% | 0.0000% | 8h | $1.8M | $1.1M | 10x | |
| Aevo DRAM-PERP | +0.007% | +0.0104% | 1h | $4K | — | 10x | as long as short |
| Arcus DRAM-USD | +0.016% | +0.0125% | 1h | $50K | $100K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.016% | +0.0100% | 8h | $3.0M | $424K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.016% | +0.0075% | 1h | $13K | $8K | 20x | as long as short |
| BloFin DRAM-USDT | +0.016% | +0.0120% | 8h | $298K | $23K | 20x | as long as short |
| Polymarket Perps DRAM-USD | +0.020% | +0.0050% | 1h | $192K | $1.1M | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.024% | +0.0050% | 1h | $78.6M | $35.4M | 20x | as long as short |
| Extended DRAM-USDshort | +0.028% | 0.0000% | 1h | $74K | $712K | 10x | |
| Lighter DRAM | +0.029% | +0.0032% | 1h | $1.0M | $1.2M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.030% | +0.0056% | 8h | — | — | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.033% | 0.0000% | 8h | $5.4M | $4.7M | 50x | as long as short |
| QFEX DRAM-USD | +0.033% | +0.0024% | 1h | $1.0M | $50K | 10x | as long as short |
| MEXC DRAM_USDT | +0.033% | 0.0000% | 8h | $10.9M | $6.1M | 100x | as long as short |
| Bitget DRAMUSDT | +0.033% | 0.0000% | 8h | $26.0M | $11.0M | 20x | as long as short |
| SunX DRAM-USDT | +0.033% | 0.0000% | 8h | $767 | $3.2M | 10x | as long as short |
| RISEx DRAM/USDC | +0.036% | 0.0000% | 1h | $440K | $400K | 20x | as long as short |
| Binance DRAMUSDT | +0.041% | 0.0000% | 8h | $43.9M | $70.5M | 50x | as long as short |
| Gate DRAM_USDT | +0.049% | 0.0000% | 8h | $8.1M | $3.1M | 75x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.049% | +0.0100% | 8h | $8K | — | 10x | as long as short |
| Aster DRAMUSDT | +0.057% | 0.0000% | 8h | $194K | $19K | 20x | as long as short |
| Bybit DRAMUSDT | +0.065% | 0.0000% | 8h | $9.0M | $8.8M | 100x | as long as short |