DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0069%/8h= −7.5% APRnext payment −$0.69 per $10,000 · paid last 24h −0.021%

Price spread now: Bybit against Binance+0.080%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$270.270% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.079%−$8 on $10k

Price spread, last 2 days (all we have)−0.078%−$8 · spread now +0.080%, 7d avg +0.030%

Together, before fees−0.157%−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.050% dearer against Binance than usual: you sell high and buy low (spread +0.080% now, against its 7-day average of +0.030%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DRAMUSDT	62.440	0.0503	pay 0.0503% / 8h	7h 39m	$44.6M	$81.7M	50x
Short	Bybit DRAMUSDT	62.490	0.0434	get 0.0434% / 8h	7h 39m	$9.6M	$10.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.080%Rate

Funding earned: −$14.43
Price spread: +0.080% → +0.030%: $4.96
Slippage, 4 orders: −$6.02
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$36.48
Costs to cover: 0.270%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago	0.80 bp	5.8 bp −$6	8.7 bp −$87	32.4 bp −$3,242	doesn't fit
Sell Bybit live order book, 3 min ago	0.80 bp	8.0 bp −$8	12.0 bp −$120	113.5 bp −$11.3K	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
SunX DRAM-USDT	0.0000%	8h	62.450	+0.016%	$713	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.320	−0.192%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.440	0.000%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0037%	4h	62.355	−0.137%	$151K	$295K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0037%	1h	62.348	−0.148%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.370	−0.112%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.406	−0.054%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.433	−0.011%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.340	−0.160%	$1.1M	$1.9M	10x	as long as short
Pacifica DRAM	+0.0100%	1h	62.430	−0.017%	$76K	$40K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DRAMUSDTM	+0.0100%	8h	62.380	−0.096%	$3.0M	$442K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.430	−0.016%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.480	+0.064%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.464	+0.038%	$4K	—	10x	as long as short
Lighter DRAM	+0.0152%	1h	62.450	+0.016%	$971K	$1.2M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.410	−0.048%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.833%	$535K	$95K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0221%	8h	62.460	+0.032%	$5.5M	$4.7M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0223%	8h	62.447	+0.011%	—	—	5x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.430	−0.016%	$13K	$3K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0332%	1h	62.435	−0.008%	$81.8M	$39.2M	20x	as long as short
Aster DRAMUSDT	+0.0374%	8h	62.368	−0.115%	$201K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0389%	8h	62.450	+0.016%	$26.2M	$12.9M	20x	as long as short
Bybit DRAMUSDTshort	+0.0434%	8h	62.490	+0.080%	$9.6M	$10.5M	100x
Variational Omni DRAM	+0.0456%	8h	62.405	−0.056%	$2.4M	$765K	—	as long as short
MEXC DRAM_USDT	+0.0500%	8h	62.440	0.000%	$10.1M	$6.7M	100x	as long as short
Binance DRAMUSDTlong	+0.0503%	8h	62.440	long leg	$44.6M	$81.7M	50x
Extended DRAM-USD	+0.0504%	1h	62.427	−0.021%	$75K	$767K	10x	as long as short
Entropy io:DRAM	+0.0532%	1h	62.351	−0.143%	$254K	$462K	25x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.370	−0.112%	$51K	$83K	10x	as long as short
Gate DRAM_USDT	+0.0661%	8h	62.460	+0.032%	$8.3M	$3.4M	75x	as long as short
BloFin DRAM-USDT	+0.0870%	8h	62.350	−0.144%	$296K	$26K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0958%	8h	62.337	−0.166%	$37K	$162K	10x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.427	−0.021%	$455K	$491K	20x	as long as short