DRAM funding rates and arbitrage
Updated 2026-11-11 22:51 UTC
Best DRAM arbitrage after every cost
No DRAM pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
DRAM funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Arcus | DRAM-USD | 0.0034% | 1 h | +30.0% | +14.0% | $500.5K | 2026-11-11 23:00 |
| Hyperliquid | xyz:DRAM | 0.0014% | 1 h | +11.8% | +6.1% | $81.7M | 2026-11-11 23:00 |
| Pacifica | DRAM | 0.0013% | 1 h | +10.9% | +7.7% | $184.4K | 2026-11-11 23:00 |
| WhiteBIT | DRAM_PERP | 0.0100% | 8 h | +10.9% | +0.4% | $4.9M | 2026-11-12 00:00 |
| ApeX | DRAM-USDT | 0.0013% | 1 h | +10.9% | +9.8% | $12.1K | 2026-11-11 23:00 |
| TXFlow | DRAM-USDC | 0.0013% | 1 h | +10.9% | — | $17.1K | 2026-11-11 23:00 |
| Paradex | DRAM-USD-PERP | 0.0093% | 8 h | +10.2% | — | $0 | 2026-11-12 00:00 |
| Backpack | DRAM.US_USDC_PERP | 0.0011% | 1 h | +9.9% | +18.6% | $49.6K | 2026-11-11 23:00 |
| Ondo Perps | DRAM-USD.P | 0.0006% | 1 h | +5.5% | — | $1.2M | 2026-11-11 23:00 |
| PopDEX | DRAMUSDT | 0.0006% | 1 h | +5.5% | −0.1% | — | 2026-11-11 23:00 |
| BingX | NCSKDRAM2USD-USDT | 0.0050% | 8 h | +5.5% | +7.4% | $920.1K | 2026-11-12 00:00 |
| Lighter | DRAM | 0.0004% | 1 h | +3.5% | +7.8% | $754.5K | 2026-11-11 23:00 |
| Hyperliquid | io:DRAM | 0.0004% | 1 h | +3.2% | +12.2% | $739.4K | 2026-11-11 23:00 |
| Bitunix | DRAMUSDT | 0.0020% | 8 h | +2.2% | +1.4% | — | 2026-11-12 00:00 |
| KuCoin | DRAMUSDTM | 0.0017% | 8 h | +1.9% | −7.4% | $2.6M | 2026-11-12 00:00 |
| Bybit | DRAMUSDT | 0.0000% | 8 h | 0.0% | −3.1% | $6.7M | 2026-11-12 00:00 |
| RISEx | DRAM/USDC | 0.0000% | 1 h | 0.0% | — | $783.3K | 2026-11-11 23:00 |
| Phemex | DRAMUSDT | 0.0000% | 8 h | 0.0% | — | $930.2K | 2026-11-12 00:00 |
| MEXC | DRAM_USDT | 0.0000% | 8 h | 0.0% | +0.4% | $6.8M | 2026-11-12 00:00 |
| Bitget | DRAMUSDT | 0.0000% | 8 h | 0.0% | −0.8% | $18.2M | 2026-11-12 00:00 |
| HTX | DRAM-USDT | 0.0000% | 8 h | 0.0% | +7.9% | $31.7K | 2026-11-12 00:00 |
| OKX | DRAM-USDT-SWAP | 0.0000% | 8 h | 0.0% | −1.7% | $5M | 2026-11-12 00:00 |
| LBank | DRAMUSDT | 0.0000% | 8 h | 0.0% | +0.7% | — | 2026-11-12 00:00 |
| GRVT | DRAM_USDT_Perp | 0.0000% | 8 h | 0.0% | −0.7% | $21.7K | 2026-11-12 00:00 |
| Binance | DRAMUSDT | 0.0000% | 8 h | 0.0% | +0.3% | $32M | 2026-11-12 00:00 |
| Aster | DRAMUSDT | 0.0000% | 8 h | 0.0% | −2.6% | $508.8K | 2026-11-12 00:00 |
| Extended | DRAM-USD | 0.0000% | 1 h | 0.0% | +6.1% | $146.3K | 2026-11-11 23:00 |
| Gate | DRAM_USDT | 0.0000% | 8 h | 0.0% | +0.1% | $1.9M | 2026-11-12 00:00 |
| Variational | DRAM-PERP | 0.0000% | 8 h | 0.0% | 0.0% | $1.2M | 2026-11-12 00:00 |
| QFEX | DRAM-USD | -0.0007% | 1 h | −5.9% | — | $2.5M | 2026-11-11 22:59 |
| Crypto.com | DRAMUSD-PERP | -0.0035% | 1 h | −30.4% | +34.4% | $27.1K | 2026-11-11 23:00 |
Cost to enter $10,000 of DRAM
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Lighter | DRAM | 0.6 bp | order-book snapshot, 40 min old |
| Hyperliquid | xyz:DRAM | 1.6 bp | order-book snapshot, 5 min old |
| Extended | DRAM-USD | 3.4 bp | order-book snapshot, 39 min old |
| Backpack | DRAM.US_USDC_PERP | 6.1 bp * | order-book snapshot, 58 min old |
| Binance | DRAMUSDT | 6.1 bp * | order-book snapshot, 20 min old |
| LBank | DRAMUSDT | 7.1 bp | order-book snapshot, 48 min old |
| Bitget | DRAMUSDT | 7.1 bp | order-book snapshot, 13 min old |
| Pacifica | DRAM | 10.8 bp | order-book snapshot, 44 min old |
| Phemex | DRAMUSDT | 11.1 bp | order-book snapshot, 45 min old |
| Gate | DRAM_USDT | 12.5 bp | order-book snapshot, 15 min old |
| MEXC | DRAM_USDT | 3.1 bp | top of book only |
| Aster | DRAMUSDT | 3.5 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
Questions
Is DRAM funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no DRAM pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest DRAM funding rate?
Arcus at +30.0% a year (0.0034% every 1 h); the lowest is Crypto.com at −30.4%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.