Funding you earn now, next payment 08:00 UTC−0.0146%/8h= −16.0% APRnext payment −$1.46 per $10,000 · paid last 24h +0.030%
Price spread now: Bybit against Bitget+0.038%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$320.317% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now +0.038%, 7d avg +0.006%
=The price spread pays, funding is against you. Bybit is 0.032% dearer against Bitget than usual: you sell high and buy low (spread +0.038% now, against its 7-day average of +0.006%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.008% in total) that is about 30 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget DRAMUSDT | 62.560 | 0.0558 | pay 0.0558% / 8h | 7h 17m | $26.2M | $12.9M | 20x |
| Short | Bybit DRAMUSDT | 62.584 | 0.0412 | get 0.0412% / 8h | 7h 17m | $9.6M | $10.4M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$30.75
- Price spread: +0.038% → +0.006%
- $3.21
- Slippage, 4 orders
- −$8.73
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$59.27
- Costs to cover
- 0.317%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 5 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, 1 min ago | 0.80 bp | 7.7 bp −$8 | 12.6 bp −$126 | 28.7 bp −$2,869 | 66.4 bp −$33.2K |
| Sell Bybit live order book, 5 min ago | 0.80 bp | 7.5 bp −$7 | 12.0 bp −$120 | 93.0 bp −$9,304 | 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 | 62.530 | −0.048% | $776 | $3.0M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.510 | −0.080% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.550 | −0.016% | $1.8M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0003% | 4h | 62.578 | +0.029% | $151K | $296K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0036% | 1h | 62.497 | −0.101% | $1K | $35K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.480 | −0.128% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.489 | −0.113% | $267K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.539 | −0.034% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.450 | −0.176% | $1.1M | $1.9M | 10x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.538 | −0.035% | $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 | 62.480 | −0.128% | $3.0M | $424K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.520 | −0.064% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.560 | 0.000% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.556 | −0.007% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0120% | 1h | 62.536 | −0.038% | $973K | $1.3M | 20x | as long as short |
| QFEX DRAM-USD | +0.0160% | 1h | 62.490 | −0.112% | $1.0M | $78K | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 62.390 | −0.272% | $540K | $96K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0222% | 8h | 62.547 | −0.020% | — | — | 5x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0230% | 1h | 62.530 | −0.048% | $13K | $3K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0230% | 1h | 62.521 | −0.062% | $82.4M | $37.6M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0238% | 8h | 62.560 | 0.000% | $5.5M | $4.7M | 50x | as long as short |
| Bybit DRAMUSDTshort | +0.0412% | 8h | 62.584 | +0.038% | $9.6M | $10.4M | 100x | |
| Aster DRAMUSDT | +0.0448% | 8h | 62.454 | −0.169% | $201K | $36K | 20x | as long as short |
| Variational Omni DRAM | +0.0530% | 8h | 62.585 | +0.039% | $2.4M | $750K | — | as long as short |
| Entropy io:DRAM | +0.0533% | 1h | 62.452 | −0.173% | $253K | $455K | 25x | as long as short |
| Bitget DRAMUSDTlong | +0.0558% | 8h | 62.560 | long leg | $26.2M | $12.9M | 20x | |
| MEXC DRAM_USDT | +0.0573% | 8h | 62.550 | −0.016% | $9.8M | $6.7M | 100x | as long as short |
| Binance DRAMUSDT | +0.0575% | 8h | 62.547 | −0.021% | $44.9M | $81.9M | 50x | as long as short |
| Extended DRAM-USD | +0.0576% | 1h | 62.531 | −0.046% | $76K | $663K | 10x | as long as short |
| Arcus DRAM-USD | +0.0606% | 1h | 62.510 | −0.080% | $51K | $81K | 10x | as long as short |
| Gate DRAM_USDT | +0.0769% | 8h | 62.570 | +0.016% | $8.3M | $3.5M | 75x | as long as short |
| BloFin DRAM-USDT | +0.0949% | 8h | 62.520 | −0.064% | $298K | $26K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.1046% | 8h | 62.596 | +0.058% | $37K | $154K | 10x | as long as short |
| RISEx DRAM/USDC | +0.1096% | 1h | 62.540 | −0.032% | $462K | $495K | 20x | as long as short |
Bitget DRAMUSDT
Bybit DRAMUSDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Lighter DRAM
Coinbase International DRAM-PERP-INTX
Paradex DRAM-USD-PERP
Deribit DRAM_USDC-PERPETUAL
tradeXYZ xyz:DRAM
OKX DRAM-USDT-SWAP
Aster DRAMUSDT
Variational Omni DRAM
MEXC DRAM_USDT
Binance DRAMUSDT
Extended DRAM-USD
Gate DRAM_USDT
BloFin DRAM-USDT
GRVT DRAM_USDT_Perp
RISEx DRAM/USDC