Funding you earn now, next payment 03:00 UTC−0.0125%/8h= −13.7% APRnext payment −$0.16 per $10,000 · paid last 24h −0.035%
Price spread now: Ondo Perps against tradeXYZ−0.127%7-day average −0.034% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.102%−$10 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now −0.127%, 7d avg −0.034%
=Together, before fees−0.080%+ Points / potential airdroptradeXYZ: Active · Ondo Perps: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Ondo Perps is 0.093% cheaper against tradeXYZ than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.034%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:DRAM | 62.239 | 0.0176 | pay 0.0022% / 1h | 22m 53s | $81.7M | $36.5M | 20x |
| Short | Ondo Perps DRAM-USD.P | 62.160 | 0.0050 | get 0.0006% / 1h | 22m 53s | $1.1M | $2.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against tradeXYZ. 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
- −$26.28
- Price spread: −0.127% → −0.034%
- −$9.3
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$58.58
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 6 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 tradeXYZ live order book, 6 min ago | 0.40 bp | 10.4 bp −$10 | 12.1 bp −$121 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx DRAM/USDC | 0.0000% | 1h | 62.246 | +0.011% | $442K | $506K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.260 | +0.034% | $895 | $2.8M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.240 | +0.002% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.260 | +0.034% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0030% | 1h | 62.223 | −0.026% | $1K | $33K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.220 | −0.031% | $51K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.210 | −0.047% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.224 | −0.024% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.256 | +0.027% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.Pshort | +0.0050% | 1h | 62.160 | −0.127% | $1.1M | $2.1M | 10x |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX DRAM-USD | +0.0055% | 1h | 62.240 | +0.002% | $1.0M | $78K | 10x | as long as short |
| Bitget DRAMUSDT | +0.0061% | 8h | 62.270 | +0.050% | $26.3M | $13.2M | 20x | as long as short |
| Entropy io:DRAM | +0.0071% | 1h | 62.192 | −0.076% | $251K | $411K | 25x | as long as short |
| edgeX DRAMUSDC | +0.0089% | 4h | 62.230 | −0.015% | $151K | $297K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.267 | +0.045% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.220 | −0.031% | $3.0M | $400K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.230 | −0.014% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.260 | +0.034% | $9K | — | 10x | as long as short |
| Lighter DRAM | +0.0104% | 1h | 62.239 | 0.000% | $967K | $1.0M | 20x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.262 | +0.038% | $4K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0129% | 8h | 62.257 | +0.028% | — | — | 5x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0153% | 8h | 62.233 | −0.009% | $36K | $158K | 10x | as long as short |
| tradeXYZ xyz:DRAMlong | +0.0176% | 1h | 62.239 | long leg | $81.7M | $36.5M | 20x | |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 62.040 | −0.320% | $534K | $74K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0187% | 8h | 62.280 | +0.066% | $5.5M | $4.4M | 50x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0232% | 1h | 62.230 | −0.014% | $13K | $3K | 20x | as long as short |
| Bybit DRAMUSDT | +0.0252% | 8h | 62.290 | +0.082% | $9.7M | $10.1M | 100x | as long as short |
| Aster DRAMUSDT | +0.0386% | 8h | 62.260 | +0.033% | $200K | $36K | 20x | as long as short |
| Variational Omni DRAM | +0.0469% | 8h | 62.222 | −0.027% | $2.4M | $717K | — | as long as short |
| Extended DRAM-USD | +0.0504% | 1h | 62.253 | +0.023% | $75K | $669K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0506% | 8h | 62.270 | +0.050% | $9.2M | $5.6M | 100x | as long as short |
| Binance DRAMUSDT | +0.0507% | 8h | 62.270 | +0.050% | $44.7M | $81.5M | 50x | as long as short |
| Gate DRAM_USDT | +0.0530% | 8h | 62.290 | +0.082% | $8.1M | $3.6M | 75x | as long as short |
| BloFin DRAM-USDT | +0.0750% | 8h | 62.260 | +0.034% | $302K | $26K | 20x | as long as short |
tradeXYZ xyz:DRAM
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Bitget DRAMUSDT
edgeX DRAMUSDC
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Lighter DRAM
Paradex DRAM-USD-PERP
GRVT DRAM_USDT_Perp
Coinbase International DRAM-PERP-INTX
OKX DRAM-USDT-SWAP
Deribit DRAM_USDC-PERPETUAL
Bybit DRAMUSDT
Aster DRAMUSDT
Variational Omni DRAM
Extended DRAM-USD
MEXC DRAM_USDT
Binance DRAMUSDT
Gate DRAM_USDT
BloFin DRAM-USDT