DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0216%/8h= −23.6% APRnext payment −$0.27 per $10,000 · paid last 24h −0.078%

Price spread now: QFEX against RISEx−0.036%7-day average −0.005% · 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−$25as in the Price arb table

costs, in and out, $10k−$220.218% of the position

Long on RISEx Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.082%−$8 on $10k

Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.036%, 7d avg −0.005%

Together, before fees−0.080%−$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and QFEX is 0.031% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.005%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx DRAM/USDC	61.943	0.0295	pay 0.0037% / 1h	14m 02s	$456K	$476K	20x
Short	QFEX DRAM-USD	61.920	0.0079	get 0.0010% / 1h	14m 02s	$1.0M	$80K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.036%Rate

Funding earned: −$45.31
Price spread: −0.036% → −0.005%: −$3.13
Slippage, 4 orders: −$5.81
Fee RISEx: 3 bp × 2 orders: −$6
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$70.25
Costs to cover: 0.218%
Break-even: never at this rate

Slippage from RISEx: live order book, 64 min ago; QFEX: live order book, 1 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, 64 min ago	0.49 bp	3.5 bp −$3	4.6 bp −$46	doesn't fit	doesn't fit
Sell QFEX live order book, 1 min ago	2.42 bp	7.4 bp −$7	8.5 bp −$85	11.5 bp −$1,152	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	61.930	−0.020%	$8.3M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.960	+0.028%	$701	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.940	−0.004%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.810	−0.214%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0002%	4h	61.980	+0.061%	$153K	$291K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0040%	1h	61.919	−0.039%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.840	−0.165%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.906	−0.059%	$210K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.920	−0.036%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.840	−0.165%	$1.2M	$1.8M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USDshort	+0.0079%	1h	61.920	−0.036%	$1.0M	$80K	10x
Pacifica DRAM	+0.0100%	1h	61.902	−0.065%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.910	−0.052%	$3.0M	$472K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.910	−0.052%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.920	−0.036%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.934	−0.013%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0176%	8h	61.930	−0.020%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0181%	8h	61.910	−0.052%	$26.1M	$12.6M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.585%	$510K	$43K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0210%	8h	61.928	−0.023%	—	—	5x	as long as short
Lighter DRAM	+0.0240%	1h	61.908	−0.056%	$967K	$1.2M	20x	as long as short
Aster DRAMUSDT	+0.0281%	8h	61.958	+0.025%	$199K	$36K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0286%	8h	61.989	+0.076%	$36K	$171K	10x	as long as short
RISEx DRAM/USDClong	+0.0295%	1h	61.943	long leg	$456K	$476K	20x
Bybit DRAMUSDT	+0.0297%	8h	61.939	−0.006%	$9.3M	$10.5M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0309%	1h	61.889	−0.086%	$80.5M	$40.0M	20x	as long as short
Entropy io:DRAM	+0.0335%	1h	61.906	−0.059%	$255K	$494K	25x	as long as short
Variational Omni DRAM	+0.0371%	8h	61.986	+0.070%	$2.4M	$953K	—	as long as short
MEXC DRAM_USDT	+0.0415%	8h	61.900	−0.069%	$11.2M	$6.5M	100x	as long as short
Extended DRAM-USD	+0.0416%	1h	61.890	−0.085%	$78K	$768K	10x	as long as short
Binance DRAMUSDT	+0.0417%	8h	61.903	−0.063%	$43.6M	$82.5M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0558%	1h	61.920	−0.036%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.910	−0.052%	$50K	$90K	10x	as long as short
BloFin DRAM-USDT	+0.0693%	8h	62.030	+0.141%	$253K	$27K	20x	as long as short