Funding you earn now, next payment 08:00 UTC−0.0620%/8h= −67.9% APRnext payment −$6.20 per $10,000 · paid last 24h −0.071%
Price spread now: SunX against Binance−0.030%7-day average +0.007% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 2 days (all we have)+0.022%+$2 · spread now −0.030%, 7d avg +0.007%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and SunX is 0.037% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.007%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.180% in total (about -9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.20 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 | 62.479 | 0.0620 | pay 0.0620% / 8h | 7h 05m | $45.0M | $81.9M | 50x |
| Short | SunX DRAM-USDT | 62.460 | 0 | get 0.0000% / 8h | 7h 05m | $781 | $3.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$130.24
- Price spread: −0.030% → +0.007%
- −$3.69
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$151.92
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 7 min ago; SunX: live order book, 12 min ago. Net counts fees only.
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, 7 min ago | 0.80 bp | 6.0 bp −$6 | 9.7 bp −$97 | 37.6 bp −$3,763 | doesn't fit |
| Sell SunX live order book, 12 min ago | 45.57 bp | doesn't fit | doesn't fit | doesn't fit | 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-USDTshort | 0.0000% | 8h | 62.460 | −0.030% | $781 | $3.0M | 10x | |
| HTX DRAM-USDT | 0.0000% | 8h | 62.450 | −0.046% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.490 | +0.018% | $1.8M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0034% | 1h | 62.442 | −0.059% | $1K | $35K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.430 | −0.078% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.440 | −0.062% | $267K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.478 | −0.001% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.400 | −0.126% | $1.2M | $1.9M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0084% | 4h | 62.441 | −0.061% | $151K | $296K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.405 | −0.118% | $76K | $41K | 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 | 62.450 | −0.046% | $3.0M | $421K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.370 | −0.174% | $22K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.490 | +0.018% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.490 | +0.019% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0120% | 1h | 62.465 | −0.022% | $972K | $1.3M | 20x | as long as short |
| QFEX DRAM-USD | +0.0160% | 1h | 62.440 | −0.062% | $1.0M | $78K | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 62.390 | −0.142% | $540K | $91K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0227% | 1h | 62.455 | −0.038% | $82.3M | $37.6M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0231% | 1h | 62.440 | −0.062% | $13K | $3K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0237% | 8h | 62.456 | −0.036% | — | — | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0246% | 8h | 62.490 | +0.018% | $5.5M | $4.6M | 50x | as long as short |
| Bybit DRAMUSDT | +0.0466% | 8h | 62.525 | +0.074% | $9.6M | $10.4M | 100x | as long as short |
| Aster DRAMUSDT | +0.0492% | 8h | 62.367 | −0.179% | $201K | $36K | 20x | as long as short |
| Entropy io:DRAM | +0.0516% | 1h | 62.372 | −0.171% | $255K | $448K | 25x | as long as short |
| Variational Omni DRAM | +0.0585% | 8h | 62.483 | +0.008% | $2.4M | $749K | — | as long as short |
| Bitget DRAMUSDT | +0.0596% | 8h | 62.490 | +0.018% | $26.2M | $12.9M | 20x | as long as short |
| Arcus DRAM-USD | +0.0606% | 1h | 62.450 | −0.046% | $51K | $82K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0615% | 8h | 62.470 | −0.014% | $9.7M | $6.7M | 100x | as long as short |
| Binance DRAMUSDTlong | +0.0620% | 8h | 62.479 | long leg | $45.0M | $81.9M | 50x | |
| Extended DRAM-USD | +0.0624% | 1h | 62.459 | −0.031% | $76K | $665K | 10x | as long as short |
| Gate DRAM_USDT | +0.0821% | 8h | 62.490 | +0.018% | $8.3M | $3.5M | 75x | as long as short |
| BloFin DRAM-USDT | +0.0962% | 8h | 62.510 | +0.050% | $299K | $26K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.1049% | 8h | 62.448 | −0.049% | $37K | $153K | 10x | as long as short |
| RISEx DRAM/USDC | +0.1096% | 1h | 62.444 | −0.056% | $456K | $499K | 20x | as long as short |
Binance DRAMUSDT
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
Lighter DRAM
Coinbase International DRAM-PERP-INTX
tradeXYZ xyz:DRAM
Deribit DRAM_USDC-PERPETUAL
Paradex DRAM-USD-PERP
OKX DRAM-USDT-SWAP
Bybit DRAMUSDT
Aster DRAMUSDT
Variational Omni DRAM
Bitget DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
Gate DRAM_USDT
BloFin DRAM-USDT
GRVT DRAM_USDT_Perp
RISEx DRAM/USDC