Funding you earn now, next payment 01:00 UTC−0.0110%/8h= −12.0% APRnext payment −$0.14 per $10,000 · paid last 24h −0.002%
Price spread now: Ondo Perps against QFEX−0.112%7-day average −0.060% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.047%+$5 on $10k
+Price spread, last 7 days−0.075%−$7 · spread now −0.112%, 7d avg −0.060%
=Together, before fees−0.028%+ Points / potential airdropOndo Perps: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Ondo Perps is 0.052% cheaper against QFEX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.060%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX DRAM-USD | 62.520 | 0.0160 | pay 0.0020% / 1h | 24m 58s | $1.0M | $78K | 10x |
| Short | Ondo Perps DRAM-USD.P | 62.450 | 0.0050 | get 0.0006% / 1h | 24m 58s | $1.1M | $1.9M | 10x |
QFEX DRAM-USD
Ondo Perps DRAM-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against QFEX. 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
- −$23.02
- Price spread: −0.112% → −0.060%
- −$5.21
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$43.23
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 5 min ago; Ondo Perps: 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 QFEX live order book, 5 min ago | 2.41 bp | 7.4 bp −$7 | 8.7 bp −$87 | 15.2 bp −$1,521 | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX DRAM-USDT | 0.0000% | 8h | 62.550 | +0.048% | $1K | $3.0M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.430 | −0.144% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.550 | +0.048% | $1.8M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0011% | 4h | 62.503 | −0.026% | $151K | $295K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0036% | 1h | 62.418 | −0.163% | $1K | $35K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.480 | −0.064% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.507 | −0.021% | $267K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.538 | +0.029% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.Pshort | +0.0050% | 1h | 62.450 | −0.112% | $1.1M | $1.9M | 10x | |
| Pacifica DRAM | +0.0100% | 1h | 62.538 | +0.030% | $76K | $41K | 10x | as long as short |
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Pacifica DRAMShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.440 | −0.128% | $3.0M | $431K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.550 | +0.048% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.550 | +0.048% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.540 | +0.032% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0120% | 1h | 62.518 | −0.003% | $972K | $1.3M | 20x | as long as short |
| QFEX DRAM-USDlong | +0.0160% | 1h | 62.520 | long leg | $1.0M | $78K | 10x | |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 62.390 | −0.208% | $540K | $96K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0216% | 8h | 62.525 | +0.009% | — | — | 5x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0230% | 1h | 62.500 | −0.032% | $13K | $3K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0233% | 8h | 62.550 | +0.048% | $5.5M | $4.7M | 50x | as long as short |
| tradeXYZ xyz:DRAM | +0.0246% | 1h | 62.509 | −0.018% | $82.1M | $39.6M | 20x | as long as short |
| Aster DRAMUSDT | +0.0418% | 8h | 62.401 | −0.191% | $201K | $36K | 20x | as long as short |
| Bybit DRAMUSDT | +0.0464% | 8h | 62.587 | +0.107% | $9.6M | $10.5M | 100x | as long as short |
| Bitget DRAMUSDT | +0.0492% | 8h | 62.540 | +0.032% | $26.2M | $12.9M | 20x | as long as short |
| Variational Omni DRAM | +0.0508% | 8h | 62.525 | +0.007% | $2.4M | $750K | — | as long as short |
| Entropy io:DRAM | +0.0532% | 1h | 62.391 | −0.206% | $254K | $463K | 25x | as long as short |
| MEXC DRAM_USDT | +0.0543% | 8h | 62.530 | +0.016% | $9.8M | $6.7M | 100x | as long as short |
| Binance DRAMUSDT | +0.0550% | 8h | 62.530 | +0.016% | $44.7M | $81.9M | 50x | as long as short |
| Extended DRAM-USD | +0.0552% | 1h | 62.516 | −0.007% | $76K | $769K | 10x | as long as short |
| Arcus DRAM-USD | +0.0606% | 1h | 62.440 | −0.128% | $51K | $82K | 10x | as long as short |
| Gate DRAM_USDT | +0.0767% | 8h | 62.550 | +0.048% | $8.3M | $3.5M | 75x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0910% | 8h | 62.542 | +0.036% | $37K | $155K | 10x | as long as short |
| BloFin DRAM-USDT | +0.0932% | 8h | 62.550 | +0.048% | $299K | $26K | 20x | as long as short |
| RISEx DRAM/USDC | +0.1096% | 1h | 62.529 | +0.014% | $462K | $495K | 20x | as long as short |
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Lighter DRAM
Coinbase International DRAM-PERP-INTX
Paradex DRAM-USD-PERP
Deribit DRAM_USDC-PERPETUAL
OKX DRAM-USDT-SWAP
tradeXYZ xyz:DRAM
Aster DRAMUSDT
Bybit DRAMUSDT
Bitget DRAMUSDT
Variational Omni DRAM
Entropy io:DRAM
MEXC DRAM_USDT
Binance DRAMUSDT
Extended DRAM-USD
Arcus DRAM-USD
Gate DRAM_USDT
GRVT DRAM_USDT_Perp
BloFin DRAM-USDT
RISEx DRAM/USDC