Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: SoDEX against Phemex−0.010%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex DRAMUSDT | 60.950 | 0 | get 0.0000% / 8h | 6h 16m | $1.7M | $1.3M | 10x |
| Short | SoDEX DRAM-USD | 60.944 | 0.0050 | get 0.0006% / 1h | 16m 26s | $2K | $15K | 20x |
Phemex DRAMUSDT
SoDEX DRAM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Phemex. 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
- $10.5
- Price spread: −0.010% → 0.000%
- −$0.98
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$10.48
- Costs to cover
- 0.200%
- Break-even
- 14.0 days
Slippage unknown: Phemex: live order book, 5 min ago; SoDEX: 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 Phemex live order book, 5 min ago | 4.92 bp | 56.6 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 exchanges
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 | −0.0035% | 8h | 61.060 | +0.180% | $26.7M | $15.9M | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.940 | −0.016% | $558 | $2.4M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.900 | −0.082% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDTlong | 0.0000% | 8h | 60.950 | long leg | $1.7M | $1.3M | 10x | |
| Bybit DRAMUSDT | +0.0006% | 8h | 61.057 | +0.176% | $9.5M | $10.9M | 100x | as long as short |
| Aftermath Perps DRAMUSD | +0.0035% | 1h | 60.925 | −0.041% | $1K | $28K | 5x | as long as short |
| edgeX DRAMUSDC | +0.0038% | 4h | 60.911 | −0.065% | $148K | $300K | 20x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.930 | −0.033% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0048% | 1h | 61.000 | +0.082% | $994K | $97K | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.926 | −0.039% | $437K | $1.6M | 25x | as long as short |
Bitget DRAMUSDT
SunX DRAM-USDT
HTX DRAM-USDT
Bybit DRAMUSDT
Aftermath Perps DRAMUSD
edgeX DRAMUSDC
Vest DRAM-USD-PERP
QFEX DRAM-USD
Entropy io:DRAMShow all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.010 | +0.098% | $254K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USDshort | +0.0050% | 1h | 60.944 | −0.010% | $2K | $15K | 20x | |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.960 | +0.016% | $1.1M | $3.5M | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0078% | 1h | 60.910 | −0.066% | $13K | $3K | 20x | as long as short |
| Lighter DRAM | +0.0096% | 1h | 60.981 | +0.051% | $1.1M | $1.4M | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.004 | +0.088% | $73K | $30K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.950 | 0.000% | $3.0M | $413K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.960 | +0.016% | $21K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.940 | −0.016% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.937 | −0.021% | $4K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0104% | 8h | 61.005 | +0.089% | — | — | 5x | as long as short |
| RISEx DRAM/USDC | +0.0107% | 1h | 61.014 | +0.106% | $461K | $369K | 20x | as long as short |
| Gate DRAM_USDT | +0.0132% | 8h | 61.010 | +0.098% | $7.9M | $3.7M | 75x | as long as short |
| Aster DRAMUSDT | +0.0136% | 8h | 60.948 | −0.004% | $195K | $28K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0136% | 8h | 61.050 | +0.164% | $5.5M | $6.5M | 50x | as long as short |
| tradeXYZ xyz:DRAM | +0.0160% | 1h | 61.009 | +0.097% | $79.2M | $37.1M | 20x | as long as short |
| Variational Omni DRAM | +0.0167% | 8h | 60.923 | −0.045% | $2.2M | $666K | — | as long as short |
| Extended DRAM-USD | +0.0224% | 1h | 60.993 | +0.070% | $99K | $298K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0227% | 8h | 61.040 | +0.148% | $8.8M | $5.5M | 100x | as long as short |
| Binance DRAMUSDT | +0.0228% | 8h | 61.027 | +0.127% | $44.4M | $94.5M | 50x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0280% | 1h | 60.850 | −0.164% | $533K | $87K | 20x | as long as short |
| BloFin DRAM-USDT | +0.0535% | 8h | 60.950 | 0.000% | $305K | $26K | 20x | as long as short |
| Arcus DRAM-USD | +0.0540% | 1h | 60.980 | +0.049% | $60K | $76K | 10x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0704% | 8h | 60.930 | −0.033% | $36K | $216K | 10x | as long as short |
Polymarket Perps DRAM-USD
Ondo Perps DRAM-USD.P
Deribit DRAM_USDC-PERPETUAL
Lighter DRAM
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Paradex DRAM-USD-PERP
RISEx DRAM/USDC
Gate DRAM_USDT
Aster DRAMUSDT
OKX DRAM-USDT-SWAP
tradeXYZ xyz:DRAM
Variational Omni DRAM
Extended DRAM-USD
MEXC DRAM_USDT
Binance DRAMUSDT
Coinbase International DRAM-PERP-INTX
BloFin DRAM-USDT
Arcus DRAM-USD
GRVT DRAM_USDT_Perp