Funding you earn now, next payment 16:00 UTC+0.0110%/8h= +12.0% APRnext payment +$1.10 per $10,000 · paid last 24h −0.001%
Price spread now: Aster against Bybit−0.100%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$360.365% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.100%, 7d avg −0.025%
=Together, before fees+0.045%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.075% cheaper against Bybit than usual: you would sell low and buy high (spread −0.100% now, against its 7-day average of −0.025%). If the spread goes back, that is −$7 on $10k: about 2.3 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.002% in total) that is about 8 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DRAMUSDT | 60.951 | 0.0019 | pay 0.0019% / 8h | 6h 21m | $9.5M | $10.9M | 100x |
| Short | Aster DRAMUSDT | 60.890 | 0.0129 | get 0.0129% / 8h | 6h 21m | $194K | $28K | 20x |
Bybit DRAMUSDT
Aster DRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bybit. 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
- $23.08
- Price spread: −0.100% → −0.025%
- −$7.48
- Slippage, 4 orders
- −$17.45
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$20.85
- Costs to cover
- 0.365%
- Break-even
- 13.3 days
Slippage from Bybit: live order book, 5 min ago; Aster: live order book, 28 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 Bybit live order book, 5 min ago | 0.82 bp | 8.2 bp −$8 | 14.9 bp −$149 | 99.8 bp −$9,979 | doesn't fit |
| Sell Aster live order book, 28 min ago | 2.46 bp | 8.0 bp −$8 | 8.9 bp −$89 | 243.4 bp −$24.3K | doesn't fit |
DRAM on 34 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0068% | 8h | 60.950 | −0.002% | $26.6M | $15.9M | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.930 | −0.034% | $561 | $2.4M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.900 | −0.084% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.940 | −0.018% | $1.7M | $1.3M | 10x | as long as short |
| Bybit DRAMUSDTlong | +0.0019% | 8h | 60.951 | long leg | $9.5M | $10.9M | 100x | |
| Aftermath Perps DRAMUSD | +0.0036% | 1h | 60.911 | −0.065% | $1K | $28K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.880 | −0.116% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0048% | 1h | 60.920 | −0.051% | $992K | $96K | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.934 | −0.028% | $473K | $1.6M | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.913 | −0.062% | $253K | $1.3M | 10x | as long as short |
Bitget DRAMUSDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Vest DRAM-USD-PERP
QFEX DRAM-USD
Entropy io:DRAM
Polymarket Perps DRAM-USDShow all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX DRAM-USD | +0.0050% | 1h | 60.926 | −0.041% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.870 | −0.133% | $1.1M | $3.5M | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0078% | 1h | 60.920 | −0.051% | $13K | $3K | 20x | as long as short |
| Lighter DRAM | +0.0096% | 1h | 60.923 | −0.046% | $1.1M | $1.4M | 20x | as long as short |
| edgeX DRAMUSDC | +0.0099% | 4h | 60.958 | +0.011% | $148K | $299K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.880 | −0.116% | $73K | $30K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.880 | −0.116% | $3.0M | $413K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.000 | +0.080% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.950 | −0.002% | $8K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0103% | 8h | 60.926 | −0.041% | — | — | 5x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.934 | −0.028% | $4K | — | 10x | as long as short |
| RISEx DRAM/USDC | +0.0107% | 1h | 60.923 | −0.046% | $461K | $369K | 20x | as long as short |
| Aster DRAMUSDTshort | +0.0129% | 8h | 60.890 | −0.100% | $194K | $28K | 20x | |
| OKX DRAM-USDT-SWAP | +0.0131% | 8h | 60.950 | −0.002% | $5.5M | $6.5M | 50x | as long as short |
| Gate DRAM_USDT | +0.0145% | 8h | 60.960 | +0.015% | $7.9M | $3.7M | 75x | as long as short |
| tradeXYZ xyz:DRAM | +0.0153% | 1h | 60.914 | −0.061% | $79.1M | $37.0M | 20x | as long as short |
| Variational Omni DRAM | +0.0159% | 8h | 60.963 | +0.019% | $2.2M | $666K | — | as long as short |
| Extended DRAM-USD | +0.0216% | 1h | 60.924 | −0.044% | $99K | $298K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0219% | 8h | 60.940 | −0.018% | $8.8M | $5.5M | 100x | as long as short |
| Binance DRAMUSDT | +0.0220% | 8h | 60.940 | −0.018% | $44.3M | $94.4M | 50x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0280% | 1h | 60.850 | −0.166% | $533K | $87K | 20x | as long as short |
| BloFin DRAM-USDT | +0.0519% | 8h | 60.940 | −0.018% | $305K | $26K | 20x | as long as short |
| Arcus DRAM-USD | +0.0540% | 1h | 60.890 | −0.100% | $60K | $87K | 10x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0743% | 8h | 60.932 | −0.031% | $36K | $214K | 10x | as long as short |
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
Deribit DRAM_USDC-PERPETUAL
Lighter DRAM
edgeX DRAMUSDC
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Paradex DRAM-USD-PERP
Aevo DRAM-PERP
RISEx DRAM/USDC
OKX DRAM-USDT-SWAP
Gate DRAM_USDT
tradeXYZ xyz:DRAM
Variational Omni DRAM
Extended DRAM-USD
MEXC DRAM_USDT
Binance DRAMUSDT
Coinbase International DRAM-PERP-INTX
BloFin DRAM-USDT
Arcus DRAM-USD
GRVT DRAM_USDT_Perp