Funding you earn now, next payment 00:00 UTC−0.0262%/8h= −28.7% APRnext payment −$2.62 per $10,000 · paid last 24h +0.009%
Price spread now: Gate against Binance+0.013%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$520.520% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 2 days (all we have)+0.009%+$1 · spread now +0.013%, 7d avg +0.006%
=The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.122% in total (about -6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.62 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 | 61.892 | 0.0262 | pay 0.0262% / 8h | 56m 03s | $43.9M | $82.4M | 50x |
| Short | Gate DRAM_USDT | 61.900 | 0 | get 0.0000% / 8h | 56m 03s | $8.3M | $3.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- −$54.98
- Price spread: +0.013% → +0.006%
- $0.76
- Slippage, 4 orders
- −$26.99
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$106.22
- Costs to cover
- 0.520%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Gate: 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, 2 min ago | 0.81 bp | 5.8 bp −$6 | 7.2 bp −$72 | 27.6 bp −$2,765 | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.62 bp | 20.9 bp −$21 | 24.8 bp −$248 | 28.2 bp −$2,816 | 58.7 bp −$29.4K |
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_USDTshort | 0.0000% | 8h | 61.900 | +0.013% | $8.3M | $3.4M | 75x | |
| SunX DRAM-USDT | 0.0000% | 8h | 61.870 | −0.035% | $690 | $3.2M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.860 | −0.051% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.880 | −0.019% | $1.8M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0035% | 1h | 61.818 | −0.119% | $1K | $36K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.800 | −0.148% | — | $797 | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.851 | −0.066% | $211K | $1.2M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.872 | −0.032% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.810 | −0.132% | $1.2M | $1.7M | 10x | as long as short |
| QFEX DRAM-USD | +0.0079% | 1h | 61.850 | −0.068% | $1.0M | $80K | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX DRAMUSDC | +0.0096% | 4h | 61.830 | −0.100% | $153K | $288K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.798 | −0.152% | $75K | $40K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.820 | −0.116% | $3.0M | $474K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.850 | −0.068% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.870 | −0.035% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.879 | −0.021% | $4K | — | 10x | as long as short |
| Entropy io:DRAM | +0.0106% | 1h | 61.816 | −0.122% | $260K | $506K | 25x | as long as short |
| Aster DRAMUSDT | +0.0128% | 8h | 61.800 | −0.149% | $199K | $36K | 20x | as long as short |
| Bitget DRAMUSDT | +0.0130% | 8h | 61.890 | −0.003% | $26.0M | $12.6M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0132% | 8h | 61.910 | +0.029% | $5.4M | $4.6M | 50x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0148% | 8h | 61.849 | −0.068% | $36K | $180K | 10x | as long as short |
| Lighter DRAM | +0.0152% | 1h | 61.880 | −0.019% | $976K | $1.2M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0167% | 8h | 61.853 | −0.063% | — | — | 5x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0192% | 1h | 61.580 | −0.504% | $510K | $43K | 20x | as long as short |
| Variational Omni DRAM | +0.0209% | 8h | 61.837 | −0.089% | $2.4M | $940K | — | as long as short |
| Bybit DRAMUSDT | +0.0258% | 8h | 61.923 | +0.050% | $9.3M | $10.4M | 100x | as long as short |
| MEXC DRAM_USDT | +0.0260% | 8h | 61.890 | −0.003% | $11.2M | $6.4M | 100x | as long as short |
| Binance DRAMUSDTlong | +0.0262% | 8h | 61.892 | long leg | $43.9M | $82.4M | 50x | |
| Extended DRAM-USD | +0.0264% | 1h | 61.879 | −0.020% | $77K | $766K | 10x | as long as short |
| RISEx DRAM/USDC | +0.0295% | 1h | 61.859 | −0.053% | $456K | $475K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0302% | 1h | 61.868 | −0.038% | $79.9M | $39.8M | 20x | as long as short |
| BloFin DRAM-USDT | +0.0514% | 8h | 61.850 | −0.068% | $295K | $27K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0559% | 1h | 61.880 | −0.019% | $13K | $9K | 20x | as long as short |
| Arcus DRAM-USD | +0.0680% | 1h | 61.860 | −0.051% | $51K | $89K | 10x | as long as short |
Binance DRAMUSDT
Gate DRAM_USDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
edgeX DRAMUSDC
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Aster DRAMUSDT
Bitget DRAMUSDT
OKX DRAM-USDT-SWAP
GRVT DRAM_USDT_Perp
Lighter DRAM
Paradex DRAM-USD-PERP
Coinbase International DRAM-PERP-INTX
Variational Omni DRAM
Bybit DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
RISEx DRAM/USDC
tradeXYZ xyz:DRAM
BloFin DRAM-USDT
Deribit DRAM_USDC-PERPETUAL