DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0163%/8h= +17.8% APRnext payment +$1.63 per $10,000 · paid last 24h +0.021%

Price spread now: Binance against Bybit−0.047%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$290.290% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.079%+$8 on $10k

Price spread, last 7 days+0.053%+$5 · spread now −0.047%, 7d avg −0.012%

Together, before fees+0.132%+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.035% cheaper against Bybit than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of −0.012%). If the spread goes back, that is −$4 on $10k: about 17 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.079% in total) that is about 3.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DRAMUSDT	61.679	0.0065	pay 0.0065% / 8h	2h 56m	$9.5M	$10.0M	100x
Short	Binance DRAMUSDT	61.650	0.0228	get 0.0228% / 8h	2h 56m	$44.1M	$83.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee BinancebpOrdersPrice spread, now −0.047%Rate

Funding earned: $34.22
Price spread: −0.047% → −0.012%: −$3.52
Slippage, 4 orders: −$8.03
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: $1.67
Costs to cover: 0.290%
Break-even: 6.7 days

Slippage from Bybit: live order book, 2 min ago; Binance: 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 Bybit live order book, 2 min ago	0.81 bp	7.4 bp −$7	13.0 bp −$130	138.4 bp −$13.8K	doesn't fit
Sell Binance live order book, 1 min ago	0.81 bp	7.2 bp −$7	9.8 bp −$98	39.3 bp −$3,933	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	61.664	−0.024%	$434K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.670	−0.015%	$26.0M	$13.8M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.490	−0.306%	$36K	$190K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.650	−0.047%	$711	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.490	−0.306%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.640	−0.063%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.544	−0.220%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.530	−0.242%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.620	−0.096%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.660	−0.031%	$1.0M	$84K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DRAM-USD	+0.0050%	1h	61.646	−0.054%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.647	−0.052%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.610	−0.112%	$1.1M	$2.5M	10x	as long as short
edgeX DRAMUSDC	+0.0056%	4h	61.479	−0.325%	$149K	$299K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0057%	8h	61.680	+0.002%	$5.4M	$4.7M	50x	as long as short
Bybit DRAMUSDTlong	+0.0065%	8h	61.679	long leg	$9.5M	$10.0M	100x
Pacifica DRAM	+0.0100%	1h	61.610	−0.112%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.600	−0.128%	$3.0M	$400K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.510	−0.274%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.670	−0.015%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.656	−0.037%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0112%	8h	61.643	−0.059%	—	—	5x	as long as short
Aster DRAMUSDT	+0.0115%	8h	61.632	−0.076%	$198K	$35K	20x	as long as short
Entropy io:DRAM	+0.0162%	1h	61.560	−0.193%	$170K	$466K	25x	as long as short
Variational Omni DRAM	+0.0175%	8h	61.464	−0.348%	$2.4M	$618K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.510	−0.274%	$528K	$74K	20x	as long as short
BloFin DRAM-USDT	+0.0204%	8h	61.560	−0.193%	$301K	$26K	20x	as long as short
MEXC DRAM_USDT	+0.0228%	8h	61.630	−0.079%	$9.0M	$5.5M	100x	as long as short
Binance DRAMUSDTshort	+0.0228%	8h	61.650	−0.047%	$44.1M	$83.0M	50x
Extended DRAM-USD	+0.0232%	1h	61.653	−0.042%	$74K	$241K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0280%	1h	61.610	−0.112%	$80.1M	$35.7M	20x	as long as short
Gate DRAM_USDT	+0.0285%	8h	61.690	+0.018%	$8.1M	$3.6M	75x	as long as short
Lighter DRAM	+0.0296%	1h	61.630	−0.079%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0399%	1h	61.670	−0.015%	$13K	$3K	20x	as long as short