Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0328%/8h= +35.9% APRnext payment +$3.28 per $10,000 · paid last 24h +0.052%
Price spread now: MEXC against Bitget−0.080%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$170.174% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.071%+$7 on $10k
Price spread, last 7 days+0.086%+$9 · spread now −0.080%, 7d avg −0.013%
Together, before fees+0.157%+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.068% cheaper against Bitget than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of −0.013%). If the spread goes back, that is −$7 on $10k: about 16 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.071% in total) that is about 6.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.071% in total (about 3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DRAMUSDT62.2500get 0.0000% / 8h3h 55m$26.1M$13.4M20x
ShortMEXC DRAM_USDT62.2000.0328get 0.0328% / 8h3h 55m$8.2M$5.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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

Funding earned
$68.88
Price spread: −0.080% → −0.013%
−$6.76
Slippage, 4 orders
−$5.35
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
$44.77
Costs to cover
0.174%
Break-even
2.5 days
Slippage from Bitget: live order book, 4 min ago; MEXC: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago0.80 bp7.8 bp −$812.5 bp −$12532.5 bp −$3,25288.4 bp −$44.2K
Sell MEXC live order book, 3 min ago0.80 bp0.8 bp −$11.9 bp −$196.8 bp −$678doesn't fit

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx DRAM/USDC0.0000%1h62.202−0.077%$438K$502K20xas long as short
Bitget DRAMUSDTlong0.0000%8h62.250long leg$26.1M$13.4M20x
GRVT DRAM_USDT_Perp0.0000%8h62.241−0.015%$36K$178K10xas long as short
SunX DRAM-USDT0.0000%8h62.200−0.080%$916$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h62.240−0.016%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.200−0.080%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0021%1h62.216−0.054%$1K$32K5xas long as short
edgeX DRAMUSDC+0.0030%4h62.219−0.050%$151K$297K20xas long as short
QFEX DRAM-USD+0.0036%1h62.170−0.129%$1.0M$78K10xas long as short
Arcus DRAM-USD+0.0040%1h62.200−0.080%$48K$77K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest DRAM-USD-PERP+0.0046%1h62.160−0.145%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.155−0.153%$266K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.190−0.096%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.140−0.177%$1.1M$2.3M10xas long as short
Entropy io:DRAM+0.0066%1h62.212−0.061%$160K$454K25xas long as short
OKX DRAM-USDT-SWAP+0.0075%8h62.240−0.016%$5.5M$4.5M50xas long as short
Paradex DRAM-USD-PERP+0.0077%8h62.196−0.087%5xas long as short
Pacifica DRAM+0.0100%1h62.209−0.065%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.180−0.112%$3.0M$394K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.2500.000%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.220−0.048%$9K10xas long as short
Lighter DRAM+0.0104%1h62.193−0.092%$1.0M$1.1M20xas long as short
Aevo DRAM-PERP+0.0104%1h62.204−0.074%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0104%1h62.330+0.129%$535K$75K20xas long as short
Bybit DRAMUSDT+0.0111%8h62.252+0.003%$9.7M$9.7M100xas long as short
tradeXYZ xyz:DRAM+0.0132%1h62.186−0.103%$81.4M$35.5M20xas long as short
Aster DRAMUSDT+0.0207%8h62.218−0.052%$200K$35K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0233%1h62.190−0.096%$13K$3K20xas long as short
Variational Omni DRAM+0.0276%8h62.194−0.090%$2.4M$748Kas long as short
BloFin DRAM-USDT+0.0305%8h62.270+0.032%$302K$26K20xas long as short
Extended DRAM-USD+0.0320%1h62.201−0.079%$76K$622K10xas long as short
Binance DRAMUSDT+0.0323%8h62.217−0.054%$44.7M$80.2M50xas long as short
MEXC DRAM_USDTshort+0.0328%8h62.200−0.080%$8.2M$5.5M100x
Gate DRAM_USDT+0.0602%8h62.230−0.032%$8.2M$3.5M75xas long as short