DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0607%/8h= −66.4% APRnext payment −$0.76 per $10,000 · paid last 24h −0.021%

Price spread now: Entropy against RISEx−0.211%7-day average −0.005% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on RISEx Short on Entropy

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.015%−$1 on $10k

Price spread, last 4 days (all we have)+0.135%+$14 · spread now −0.211%, 7d avg −0.005%

Together, before fees+0.120%+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Entropy is 0.206% cheaper against RISEx than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.005%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.015% in total (about -1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.76 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	RISEx DRAM/USDC	62.392	0.1096	pay 0.0137% / 1h	47m 13s	$455K	$492K	20x
Short	Entropy io:DRAM	62.260	0.0490	get 0.0061% / 1h	47m 13s	$254K	$475K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Entropy against RISEx. 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 RISExbpFee EntropybpOrdersPrice spread, now −0.211%Rate

Funding earned: −$127.43
Price spread: −0.211% → −0.005%: −$20.6
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Entropy: 9 bp × 2 orders: −$18
Net: −$172.03
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 26 min ago; Entropy: live order book, 8 min ago. 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 RISEx live order book, 26 min ago	1.37 bp	4.4 bp −$4	5.4 bp −$54	doesn't fit	doesn't fit
Sell Entropy live order book, 8 min ago	2.25 bp	doesn't fit	doesn't fit	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
SunX DRAM-USDT	0.0000%	8h	62.410	+0.030%	$584	$3.1M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.250	−0.227%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.410	+0.030%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0001%	4h	62.288	−0.165%	$151K	$296K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0038%	1h	62.236	−0.249%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.330	−0.099%	—	—	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.398	+0.010%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.250	−0.227%	$1.2M	$1.7M	10x	as long as short
Pacifica DRAM	+0.0100%	1h	62.434	+0.068%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.330	−0.099%	$3.0M	$447K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni DRAMUSDT	+0.0100%	1h	62.240	−0.243%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.410	+0.030%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.396	+0.008%	$4K	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0126%	1h	62.384	−0.012%	$267K	$1.3M	10x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.390	−0.002%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.756%	$535K	$95K	20x	as long as short
Lighter DRAM	+0.0192%	1h	62.419	+0.044%	$977K	$1.2M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0214%	8h	62.420	+0.046%	$5.5M	$4.7M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0222%	8h	62.436	+0.071%	—	—	5x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.400	+0.014%	$13K	$3K	20x	as long as short
Bitget DRAMUSDT	+0.0298%	8h	62.400	+0.014%	$26.4M	$12.7M	20x	as long as short
Aster DRAMUSDT	+0.0344%	8h	62.296	−0.153%	$200K	$36K	20x	as long as short
Variational Omni DRAM	+0.0419%	8h	62.255	−0.218%	$2.4M	$756K	—	as long as short
tradeXYZ xyz:DRAM	+0.0463%	1h	62.384	−0.012%	$81.8M	$39.4M	20x	as long as short
MEXC DRAM_USDT	+0.0469%	8h	62.400	+0.014%	$10.1M	$6.7M	100x	as long as short
Binance DRAMUSDT	+0.0477%	8h	62.410	+0.030%	$44.6M	$81.5M	50x	as long as short
Extended DRAM-USD	+0.0480%	1h	62.397	+0.009%	$75K	$767K	10x	as long as short
Entropy io:DRAMshort	+0.0490%	1h	62.260	−0.211%	$254K	$475K	25x
Arcus DRAM-USD	+0.0606%	1h	62.290	−0.163%	$51K	$84K	10x	as long as short
Bybit DRAMUSDT	+0.0644%	8h	62.470	+0.126%	$9.7M	$10.5M	100x	as long as short
GRVT DRAM_USDT_Perp	+0.0670%	8h	62.300	−0.147%	$37K	$164K	10x	as long as short
Gate DRAM_USDT	+0.0705%	8h	62.420	+0.046%	$8.3M	$3.4M	75x	as long as short
BloFin DRAM-USDT	+0.0832%	8h	62.430	+0.062%	$297K	$26K	20x	as long as short
RISEx DRAM/USDClong	+0.1096%	1h	62.392	long leg	$455K	$492K	20x