Funding you earn now, next payment 00:00 UTC−0.0046%/8h= −5.1% APRnext payment −$0.46 per $10,000 · paid last 24h +0.060%
Price spread now: OKX against Bitget+0.065%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$350.353% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days−0.059%−$6 · spread now +0.065%, 7d avg −0.007%
=The price spread pays, funding is against you. OKX is 0.071% dearer against Bitget than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of −0.007%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget DRAMUSDT | 61.630 | 0.0112 | pay 0.0112% / 8h | 2h 26m | $25.9M | $12.6M | 20x |
| Short | OKX DRAM-USDT-SWAP | 61.670 | 0.0066 | get 0.0066% / 8h | 2h 26m | $5.4M | $4.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$9.73
- Price spread: +0.065% → −0.007%
- $7.14
- Slippage, 4 orders
- −$13.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$37.85
- Costs to cover
- 0.353%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; OKX: live order book, 1 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, 2 min ago | 0.81 bp | 8.3 bp −$8 | 13.8 bp −$138 | 19.1 bp −$1,912 | 59.8 bp −$29.9K |
| Sell OKX live order book, 1 min ago | 0.81 bp | 9.0 bp −$9 | 14.9 bp −$149 | 72.7 bp −$7,270 | 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 | 61.640 | +0.016% | $8.2M | $3.5M | 75x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.620 | −0.016% | $799 | $3.3M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.610 | −0.032% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.640 | +0.016% | $1.8M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0036% | 4h | 61.628 | −0.004% | $152K | $290K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0037% | 1h | 61.594 | −0.058% | $1K | $36K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.560 | −0.114% | — | $797 | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.603 | −0.044% | $203K | $1.2M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.635 | +0.008% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.550 | −0.130% | $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-SWAPshort | +0.0066% | 8h | 61.670 | +0.065% | $5.4M | $4.9M | 50x | |
| QFEX DRAM-USD | +0.0080% | 1h | 61.630 | 0.000% | $1.0M | $77K | 10x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.563 | −0.109% | $75K | $40K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.570 | −0.097% | $3.0M | $483K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.540 | −0.146% | $22K | $182K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.630 | 0.000% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.641 | +0.018% | $4K | — | 10x | as long as short |
| Aster DRAMUSDT | +0.0105% | 8h | 61.605 | −0.040% | $201K | $33K | 20x | as long as short |
| Bitget DRAMUSDTlong | +0.0112% | 8h | 61.630 | long leg | $25.9M | $12.6M | 20x | |
| Bybit DRAMUSDT | +0.0168% | 8h | 61.660 | +0.049% | $9.1M | $10.2M | 100x | as long as short |
| tradeXYZ xyz:DRAM | +0.0168% | 1h | 61.619 | −0.018% | $79.0M | $39.7M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0168% | 8h | 61.634 | +0.007% | — | — | 5x | as long as short |
| Variational Omni DRAM | +0.0170% | 8h | 61.632 | +0.004% | $2.4M | $998K | — | as long as short |
| GRVT DRAM_USDT_Perp | +0.0177% | 8h | 61.621 | −0.015% | $36K | $190K | 10x | as long as short |
| Entropy io:DRAM | +0.0186% | 1h | 61.574 | −0.091% | $249K | $503K | 25x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0232% | 1h | 61.510 | −0.195% | $510K | $43K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0237% | 1h | 61.640 | +0.016% | $13K | $9K | 20x | as long as short |
| MEXC DRAM_USDT | +0.0238% | 8h | 61.620 | −0.016% | $11.1M | $6.4M | 100x | as long as short |
| Lighter DRAM | +0.0240% | 1h | 61.648 | +0.029% | $991K | $1.2M | 20x | as long as short |
| Extended DRAM-USD | +0.0240% | 1h | 61.630 | −0.001% | $102K | $741K | 10x | as long as short |
| Binance DRAMUSDT | +0.0242% | 8h | 61.636 | +0.010% | $43.7M | $82.6M | 50x | as long as short |
| BloFin DRAM-USDT | +0.0263% | 8h | 61.640 | +0.016% | $295K | $26K | 20x | as long as short |
| RISEx DRAM/USDC | +0.0459% | 1h | 61.630 | 0.000% | $475K | $439K | 20x | as long as short |
| Arcus DRAM-USD | +0.0739% | 1h | 61.620 | −0.016% | $50K | $96K | 10x | as long as short |
Bitget DRAMUSDT
OKX DRAM-USDT-SWAP
Gate DRAM_USDT
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
Aster DRAMUSDT
Bybit DRAMUSDT
tradeXYZ xyz:DRAM
Paradex DRAM-USD-PERP
Variational Omni DRAM
GRVT DRAM_USDT_Perp
Coinbase International DRAM-PERP-INTX
Deribit DRAM_USDC-PERPETUAL
MEXC DRAM_USDT
Lighter DRAM
Extended DRAM-USD
Binance DRAMUSDT
BloFin DRAM-USDT
RISEx DRAM/USDC