DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0251%/8h= −27.5% APRnext payment −$2.51 per $10,000 · paid last 24h −0.052%

Price spread now: Bitget against Binance+0.091%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$280.284% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.071%−$7 on $10k

Price spread, last 7 days−0.094%−$9 · spread now +0.091%, 7d avg +0.004%

Together, before fees−0.165%−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.087% dearer against Binance than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of +0.004%): +$9 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 7 days (−0.071% in total) that is about 8.5 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.071% in total (about -3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.51 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	Binance DRAMUSDT	61.574	0.0251	pay 0.0251% / 8h	3h 11m	$44.1M	$81.9M	50x
Short	Bitget DRAMUSDT	61.630	0	get 0.0000% / 8h	3h 11m	$26.0M	$13.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now +0.091%Rate

Funding earned: −$52.71
Price spread: +0.091% → +0.004%: $8.66
Slippage, 4 orders: −$6.43
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$72.48
Costs to cover: 0.284%
Break-even: never at this rate

Slippage from Binance: live order book, 1 min ago; Bitget: live order book, 2 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 Binance live order book, 1 min ago	0.81 bp	6.3 bp −$6	9.5 bp −$95	38.9 bp −$3,890	doesn't fit
Sell Bitget live order book, 2 min ago	0.81 bp	8.4 bp −$8	16.0 bp −$160	36.7 bp −$3,668	73.0 bp −$36.5K

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	61.691	+0.190%	$434K	$500K	20x	as long as short
Bitget DRAMUSDTshort	0.0000%	8h	61.630	+0.091%	$26.0M	$13.7M	20x
GRVT DRAM_USDT_Perp	0.0000%	8h	61.826	+0.410%	$37K	$189K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.650	+0.123%	$809	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.680	+0.172%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.660	+0.140%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.733	+0.259%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.680	+0.172%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.730	+0.253%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.660	+0.140%	—	—	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	61.708	+0.218%	$171K	$462K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.623	+0.080%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.630	+0.091%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.720	+0.237%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0053%	8h	61.620	+0.075%	$5.4M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0064%	8h	61.601	+0.044%	$9.5M	$9.9M	100x	as long as short
edgeX DRAMUSDC	+0.0074%	4h	61.811	+0.385%	$150K	$299K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0075%	1h	61.600	+0.042%	$13K	$3K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.685	+0.181%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.560	−0.023%	$3.0M	$398K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.760	+0.302%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.650	+0.123%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.636	+0.101%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	61.630	+0.091%	$529K	$74K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0107%	8h	61.696	+0.199%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0125%	1h	61.575	+0.002%	$80.1M	$35.7M	20x	as long as short
Aster DRAMUSDT	+0.0138%	8h	61.576	+0.003%	$198K	$35K	20x	as long as short
Variational Omni DRAM	+0.0197%	8h	61.824	+0.406%	$2.4M	$739K	—	as long as short
Lighter DRAM	+0.0200%	1h	61.629	+0.089%	$1.1M	$1.2M	20x	as long as short
BloFin DRAM-USDT	+0.0222%	8h	61.760	+0.302%	$300K	$26K	20x	as long as short
Extended DRAM-USD	+0.0248%	1h	61.549	−0.041%	$75K	$239K	10x	as long as short
Binance DRAMUSDTlong	+0.0251%	8h	61.574	long leg	$44.1M	$81.9M	50x
MEXC DRAM_USDT	+0.0254%	8h	61.580	+0.010%	$9.0M	$5.7M	100x	as long as short
Gate DRAM_USDT	+0.0377%	8h	61.650	+0.123%	$8.1M	$3.6M	75x	as long as short