Funding you earn now, next payment 04:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h −0.021%
Price spread now: Coinbase International against RISEx−0.071%7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$300.304% of the position
Funding, last 4 days (all we have)+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.071%, 7d avg −0.164%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.093% dearer against RISEx than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.164%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx DRAM/USDC | 61.764 | 0 | get 0.0000% / 1h | 13m 53s | $435K | $500K | 20x |
| Short | Coinbase International DRAM-PERP-INTX | 61.720 | 0.0104 | get 0.0013% / 1h | 13m 53s | $530K | $74K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against RISEx. 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
- $21.84
- Price spread: −0.071% → −0.164%
- $9.29
- Slippage, 4 orders
- −$14.43
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $0.7
- Costs to cover
- 0.304%
- Break-even
- 6.8 days
Slippage from RISEx: live order book, 40 min ago; Coinbase International: live order book, 39 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 RISEx live order book, 40 min ago | 0.64 bp | 3.6 bp −$4 | 4.9 bp −$49 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 39 min ago | 4.82 bp | 12.2 bp −$12 | 15.4 bp −$154 | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx DRAM/USDClong | 0.0000% | 1h | 61.764 | long leg | $435K | $500K | 20x | |
| Bitget DRAMUSDT | 0.0000% | 8h | 61.790 | +0.042% | $26.0M | $13.7M | 20x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.779 | +0.025% | $36K | $188K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.770 | +0.010% | $823 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.800 | +0.058% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.780 | +0.026% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0024% | 1h | 61.760 | −0.007% | $1K | $32K | 5x | as long as short |
| QFEX DRAM-USD | +0.0036% | 1h | 61.760 | −0.006% | $1.0M | $84K | 10x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.770 | +0.010% | $48K | $77K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.730 | −0.055% | — | — | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:DRAM | +0.0050% | 1h | 61.746 | −0.029% | $172K | $461K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.740 | −0.039% | $259K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.765 | +0.002% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.720 | −0.071% | $1.1M | $2.4M | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0056% | 8h | 61.790 | +0.042% | $5.4M | $4.6M | 50x | as long as short |
| Bybit DRAMUSDT | +0.0071% | 8h | 61.780 | +0.026% | $9.6M | $9.9M | 100x | as long as short |
| edgeX DRAMUSDC | +0.0083% | 4h | 61.763 | −0.002% | $150K | $299K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.745 | −0.031% | $74K | $47K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.740 | −0.039% | $3.0M | $398K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.760 | −0.006% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.780 | +0.026% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.767 | +0.005% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTXshort | +0.0104% | 1h | 61.720 | −0.071% | $530K | $74K | 20x | |
| Paradex DRAM-USD-PERP | +0.0109% | 8h | 61.760 | −0.007% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0131% | 1h | 61.739 | −0.040% | $80.3M | $35.6M | 20x | as long as short |
| Aster DRAMUSDT | +0.0140% | 8h | 61.763 | −0.002% | $199K | $35K | 20x | as long as short |
| Variational Omni DRAM | +0.0197% | 8h | 61.824 | +0.097% | $2.4M | $739K | — | as long as short |
| Lighter DRAM | +0.0208% | 1h | 61.774 | +0.016% | $1.1M | $1.2M | 20x | as long as short |
| BloFin DRAM-USDT | +0.0226% | 8h | 61.830 | +0.107% | $300K | $26K | 20x | as long as short |
| Binance DRAMUSDT | +0.0255% | 8h | 61.773 | +0.015% | $44.2M | $81.7M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0255% | 8h | 61.760 | −0.006% | $9.0M | $5.7M | 100x | as long as short |
| Extended DRAM-USD | +0.0256% | 1h | 61.747 | −0.028% | $75K | $239K | 10x | as long as short |
| Gate DRAM_USDT | +0.0389% | 8h | 61.800 | +0.058% | $8.1M | $3.6M | 75x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0398% | 1h | 61.750 | −0.023% | $13K | $3K | 20x | as long as short |
RISEx DRAM/USDC
Coinbase International DRAM-PERP-INTX
Bitget DRAMUSDT
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
OKX DRAM-USDT-SWAP
Bybit DRAMUSDT
edgeX DRAMUSDC
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
Aster DRAMUSDT
Variational Omni DRAM
Lighter DRAM
BloFin DRAM-USDT
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
Gate DRAM_USDT
Deribit DRAM_USDC-PERPETUAL