Funding you earn now, next payment 00:00 UTC+0.0110%/8h= +12.1% APRnext payment +$1.10 per $10,000 · paid last 24h +0.050%
Price spread now: Binance against Bitget+0.015%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$290.288% of the position
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 2 days (all we have)−0.065%−$7 · spread now +0.015%, 7d avg −0.014%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.028% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget DRAMUSDT | 61.580 | 0.0106 | pay 0.0106% / 8h | 2h 35m | $25.9M | $12.6M | 20x |
| Short | Binance DRAMUSDT | 61.589 | 0.0216 | get 0.0216% / 8h | 2h 35m | $43.7M | $82.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $23.18
- Price spread: +0.015% → −0.014%
- $2.83
- Slippage, 4 orders
- −$6.84
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$2.83
- Costs to cover
- 0.288%
- Break-even
- 7.9 days
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 7 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 Bitget live order book, 3 min ago | 1.62 bp | 9.1 bp −$9 | 18.9 bp −$189 | 28.6 bp −$2,857 | 67.8 bp −$33.9K |
| Sell Binance live order book, 7 min ago | 0.81 bp | 5.8 bp −$6 | 8.0 bp −$80 | 37.4 bp −$3,735 | 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 | 61.590 | +0.016% | $8.2M | $3.5M | 75x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.590 | +0.016% | $901 | $3.3M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.570 | −0.016% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.590 | +0.016% | $1.8M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0009% | 4h | 61.562 | −0.028% | $152K | $289K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0038% | 1h | 61.561 | −0.031% | $1K | $36K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.540 | −0.065% | — | $797 | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.567 | −0.021% | $203K | $1.2M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.585 | +0.008% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.490 | −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 | |
|---|---|---|---|---|---|---|---|---|
| OKX DRAM-USDT-SWAP | +0.0053% | 8h | 61.600 | +0.032% | $5.4M | $4.9M | 50x | as long as short |
| QFEX DRAM-USD | +0.0080% | 1h | 61.590 | +0.016% | $1.0M | $77K | 10x | as long as short |
| Aster DRAMUSDT | +0.0083% | 8h | 61.518 | −0.101% | $201K | $33K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.524 | −0.091% | $75K | $40K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.540 | −0.065% | $3.0M | $483K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.500 | −0.130% | $22K | $181K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.590 | +0.016% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.597 | +0.027% | $4K | — | 10x | as long as short |
| Bitget DRAMUSDTlong | +0.0106% | 8h | 61.580 | long leg | $25.9M | $12.6M | 20x | |
| Variational Omni DRAM | +0.0150% | 8h | 61.565 | −0.024% | $2.4M | $1.0M | — | as long as short |
| GRVT DRAM_USDT_Perp | +0.0159% | 8h | 61.570 | −0.016% | $36K | $192K | 10x | as long as short |
| Bybit DRAMUSDT | +0.0161% | 8h | 61.620 | +0.065% | $9.2M | $10.2M | 100x | as long as short |
| Paradex DRAM-USD-PERP | +0.0162% | 8h | 61.586 | +0.010% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0168% | 1h | 61.538 | −0.068% | $78.9M | $39.6M | 20x | as long as short |
| BloFin DRAM-USDT | +0.0200% | 8h | 61.590 | +0.016% | $295K | $26K | 20x | as long as short |
| Entropy io:DRAM | +0.0208% | 1h | 61.541 | −0.063% | $249K | $503K | 25x | as long as short |
| MEXC DRAM_USDT | +0.0214% | 8h | 61.590 | +0.016% | $11.1M | $6.4M | 100x | as long as short |
| Extended DRAM-USD | +0.0216% | 1h | 61.583 | +0.005% | $102K | $741K | 10x | as long as short |
| Binance DRAMUSDTshort | +0.0216% | 8h | 61.589 | +0.015% | $43.7M | $82.6M | 50x | |
| Coinbase International DRAM-PERP-INTX | +0.0232% | 1h | 61.510 | −0.114% | $510K | $43K | 20x | as long as short |
| Lighter DRAM | +0.0240% | 1h | 61.596 | +0.026% | $990K | $1.2M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0400% | 1h | 61.590 | +0.016% | $13K | $9K | 20x | as long as short |
| RISEx DRAM/USDC | +0.0459% | 1h | 61.585 | +0.009% | $474K | $440K | 20x | as long as short |
| Arcus DRAM-USD | +0.0739% | 1h | 61.580 | 0.000% | $50K | $96K | 10x | as long as short |
Bitget DRAMUSDT
Binance DRAMUSDT
Gate DRAM_USDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
OKX DRAM-USDT-SWAP
Aster DRAMUSDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Variational Omni DRAM
GRVT DRAM_USDT_Perp
Bybit DRAMUSDT
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
BloFin DRAM-USDT
MEXC DRAM_USDT
Extended DRAM-USD
Coinbase International DRAM-PERP-INTX
Lighter DRAM
Deribit DRAM_USDC-PERPETUAL
RISEx DRAM/USDC