DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0199%/8h= +21.8% APRnext payment +$1.99 per $10,000 · paid last 24h +0.005%

Price spread now: BloFin against Binance−0.032%7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$280.280% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 2 days (all we have)+0.038%+$4 · spread now −0.032%, 7d avg +0.007%

Together, before fees−0.022%−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.039% cheaper against Binance than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.007%). If the spread goes back, that is −$4 on $10k: about 16 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.060%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.060% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.99 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	61.790	0.0233	pay 0.0233% / 8h	1h 28m	$43.8M	$82.6M	50x
Short	BloFin DRAM-USDT	61.770	0.0432	get 0.0432% / 8h	1h 28m	$294K	$27K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.032%Rate

Funding earned: $41.78
Price spread: −0.032% → +0.007%: −$3.91
Slippage, 4 orders: −$5.97
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $9.9
Costs to cover: 0.280%
Break-even: 5.3 days

Slippage from Binance: live order book, 14 min ago; BloFin: live order book, 48 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, 14 min ago	0.81 bp	5.8 bp −$6	7.8 bp −$78	30.8 bp −$3,082	doesn't fit
Sell BloFin live order book, 48 min ago	0.81 bp	8.1 bp −$8	13.0 bp −$130	39.0 bp −$3,902	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	61.820	+0.049%	$8.3M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.800	+0.016%	$824	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.700	−0.146%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.810	+0.032%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0037%	1h	61.709	−0.131%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.700	−0.146%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.696	−0.152%	$255K	$505K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.748	−0.068%	$204K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.769	−0.034%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.700	−0.146%	$1.2M	$1.7M	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-USD	+0.0052%	1h	61.770	−0.032%	$1.0M	$77K	10x	as long as short
edgeX DRAMUSDC	+0.0061%	4h	61.737	−0.087%	$153K	$290K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.693	−0.157%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.750	−0.065%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.690	−0.162%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.780	−0.016%	$8K	—	10x	as long as short
Aster DRAMUSDT	+0.0102%	8h	61.740	−0.081%	$198K	$36K	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.793	+0.005%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0109%	8h	61.800	+0.016%	$26.0M	$12.5M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0109%	8h	61.820	+0.049%	$5.4M	$4.6M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0137%	8h	61.740	−0.081%	$36K	$183K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0163%	8h	61.745	−0.073%	—	—	5x	as long as short
Variational Omni DRAM	+0.0187%	8h	61.727	−0.101%	$2.4M	$949K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.340%	$510K	$44K	20x	as long as short
Bybit DRAMUSDT	+0.0226%	8h	61.840	+0.081%	$9.3M	$10.4M	100x	as long as short
MEXC DRAM_USDT	+0.0231%	8h	61.800	+0.016%	$11.2M	$6.4M	100x	as long as short
Extended DRAM-USD	+0.0232%	1h	61.789	−0.002%	$77K	$765K	10x	as long as short
Binance DRAMUSDTlong	+0.0233%	8h	61.790	long leg	$43.8M	$82.6M	50x
RISEx DRAM/USDC	+0.0257%	1h	61.778	−0.020%	$480K	$442K	20x	as long as short
Lighter DRAM	+0.0320%	1h	61.796	+0.010%	$993K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0321%	1h	61.771	−0.031%	$79.3M	$39.6M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.790	0.000%	$13K	$9K	20x	as long as short
BloFin DRAM-USDTshort	+0.0432%	8h	61.770	−0.032%	$294K	$27K	20x
Arcus DRAM-USD	+0.0649%	1h	61.770	−0.032%	$50K	$92K	10x	as long as short