Funding you earn now, next payment 08:00 UTC−0.0145%/8h= −15.9% APRnext payment −$1.45 per $10,000 · paid last 24h −0.071%
Price spread now: KuCoin against BloFin−0.242%95s7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$950.951% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.203%+$20 · spread now −0.242%, 7d avg −0.044%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.199% cheaper against BloFin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.044%). Swap the legs. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DRAM-USDT | 61.890 | 0.0245 | pay 0.0245% / 8h | 3h 19m | $299K | $26K | 20x |
| Short | KuCoin DRAMUSDTM | 61.740 | 0.0100 | get 0.0100% / 8h | 3h 19m | $3.0M | $397K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$30.42
- Price spread: −0.242% → −0.044%
- −$19.85
- Slippage, 4 orders
- −$71.1
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$145.37
- Costs to cover
- 0.951%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 10 min ago; KuCoin: live order book, 3 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 BloFin live order book, 10 min ago | 2.42 bp | 10.9 bp −$11 | 15.6 bp −$156 | 41.5 bp −$4,146 | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 1.62 bp | 28.6 bp −$29 | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx DRAM/USDC | 0.0000% | 1h | 61.806 | −0.136% | $435K | $500K | 20x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 61.810 | −0.129% | $26.0M | $13.7M | 20x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.904 | +0.022% | $36K | $187K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.830 | −0.097% | $586 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.780 | −0.178% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.790 | −0.162% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0023% | 1h | 61.824 | −0.107% | $1K | $32K | 5x | as long as short |
| QFEX DRAM-USD | +0.0036% | 1h | 61.810 | −0.129% | $1.0M | $84K | 10x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.830 | −0.097% | $48K | $77K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.780 | −0.178% | — | — | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:DRAM | +0.0050% | 1h | 61.772 | −0.191% | $172K | $460K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.770 | −0.194% | $259K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.795 | −0.153% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.740 | −0.242% | $1.1M | $2.4M | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0059% | 8h | 61.790 | −0.162% | $5.4M | $4.6M | 50x | as long as short |
| edgeX DRAMUSDC | +0.0071% | 4h | 61.820 | −0.113% | $150K | $298K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0074% | 1h | 61.770 | −0.194% | $13K | $3K | 20x | as long as short |
| Bybit DRAMUSDT | +0.0075% | 8h | 61.790 | −0.162% | $9.6M | $9.8M | 100x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.774 | −0.188% | $74K | $47K | 10x | as long as short |
| KuCoin DRAMUSDTMshort | +0.0100% | 8h | 61.740 | −0.242% | $3.0M | $397K | 20x | |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.840 | −0.081% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.780 | −0.178% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.788 | −0.165% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0104% | 1h | 62.110 | +0.355% | $533K | $75K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0109% | 8h | 61.758 | −0.213% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0133% | 1h | 61.744 | −0.236% | $80.4M | $35.6M | 20x | as long as short |
| Aster DRAMUSDT | +0.0147% | 8h | 61.756 | −0.217% | $199K | $35K | 20x | as long as short |
| Lighter DRAM | +0.0192% | 1h | 61.775 | −0.186% | $1.1M | $1.2M | 20x | as long as short |
| Variational Omni DRAM | +0.0204% | 8h | 61.884 | −0.009% | $2.4M | $739K | — | as long as short |
| BloFin DRAM-USDTlong | +0.0245% | 8h | 61.890 | long leg | $299K | $26K | 20x | |
| Binance DRAMUSDT | +0.0261% | 8h | 61.770 | −0.194% | $44.3M | $81.5M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0262% | 8h | 61.760 | −0.210% | $8.2M | $5.6M | 100x | as long as short |
| Extended DRAM-USD | +0.0264% | 1h | 61.755 | −0.217% | $75K | $261K | 10x | as long as short |
| Gate DRAM_USDT | +0.0416% | 8h | 61.810 | −0.129% | $8.1M | $3.5M | 75x | as long as short |
BloFin DRAM-USDT
KuCoin DRAMUSDTM
RISEx DRAM/USDC
Bitget DRAMUSDT
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
OKX DRAM-USDT-SWAP
edgeX DRAMUSDC
Deribit DRAM_USDC-PERPETUAL
Bybit DRAMUSDT
Pacifica DRAM
ApeX Omni DRAMUSDT
Coinbase International DRAM-PERP-INTX
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
Aster DRAMUSDT
Lighter DRAM
Variational Omni DRAM
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
Gate DRAM_USDT