DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0225%/8h= +24.6% APRnext payment +$0.28 per $10,000 · paid last 24h +0.043%

Price spread now: Extended against QFEX+0.051%7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$210.214% of the position

Long on QFEX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.047%+$5 on $10k

Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.051%, 7d avg −0.030%

Together, before fees−0.021%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Extended is 0.081% dearer against QFEX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.030%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.047% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX DRAM-USD	61.930	0.0079	pay 0.0010% / 1h	44m 05s	$1.0M	$80K	10x
Short	Extended DRAM-USD	61.961	0.0304	get 0.0038% / 1h	44m 05s	$77K	$766K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee QFEXbpFee ExtendedbpOrdersPrice spread, now +0.051%Rate

Funding earned: $47.21
Price spread: +0.051% → −0.030%: $8.12
Slippage, 4 orders: −$6.43
Fee QFEX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $33.9
Costs to cover: 0.214%
Break-even: 2.0 days

Slippage from QFEX: live order book, 1 min ago; Extended: live order book, 34 min ago.

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 QFEX live order book, 1 min ago	2.42 bp	7.4 bp −$7	8.5 bp −$85	12.1 bp −$1,206	doesn't fit
Sell Extended live order book, 34 min ago	0.49 bp	3.3 bp −$3	7.5 bp −$75	doesn't fit	doesn't fit

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
Gate DRAM_USDT	0.0000%	8h	62.000	+0.113%	$8.3M	$3.4M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.970	+0.065%	$826	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.920	−0.016%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.850	−0.129%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	61.955	+0.040%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.860	−0.113%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.951	+0.034%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.980	+0.081%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.900	−0.048%	$1.2M	$1.8M	10x	as long as short
edgeX DRAMUSDC	+0.0066%	4h	61.944	+0.022%	$153K	$290K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USDlong	+0.0079%	1h	61.930	long leg	$1.0M	$80K	10x
Pacifica DRAM	+0.0100%	1h	61.980	+0.080%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.920	−0.016%	$3.0M	$475K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.970	+0.065%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.980	+0.081%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.989	+0.095%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0140%	8h	61.980	+0.081%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0143%	8h	61.960	+0.048%	$26.0M	$12.7M	20x	as long as short
Aster DRAMUSDT	+0.0169%	8h	61.999	+0.111%	$199K	$36K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0170%	8h	61.973	+0.069%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0176%	8h	61.941	+0.017%	$36K	$178K	10x	as long as short
Lighter DRAM	+0.0192%	1h	61.973	+0.069%	$978K	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.565%	$510K	$43K	20x	as long as short
Variational Omni DRAM	+0.0261%	8h	61.987	+0.092%	$2.4M	$948K	—	as long as short
Bybit DRAMUSDT	+0.0275%	8h	62.024	+0.152%	$9.4M	$10.5M	100x	as long as short
Entropy io:DRAM	+0.0291%	1h	61.902	−0.045%	$260K	$502K	25x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.976	+0.074%	$457K	$475K	20x	as long as short
MEXC DRAM_USDT	+0.0298%	8h	61.970	+0.065%	$11.2M	$6.5M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0302%	1h	61.967	+0.060%	$80.4M	$39.9M	20x	as long as short
Binance DRAMUSDT	+0.0302%	8h	61.974	+0.072%	$43.9M	$82.6M	50x	as long as short
Extended DRAM-USDshort	+0.0304%	1h	61.961	+0.051%	$77K	$766K	10x
Deribit DRAM_USDC-PERPETUAL	+0.0396%	1h	61.970	+0.065%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0552%	8h	61.980	+0.081%	$295K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.960	+0.048%	$50K	$89K	10x	as long as short