DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0165%/8h= +18.1% APRnext payment +$1.65 per $10,000 · paid last 24h +0.051%

Price spread now: BloFin against Bybit−0.063%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$370.369% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.078%+$8 on $10k

Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.063%, 7d avg −0.011%

Together, before fees+0.130%+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.052% cheaper against Bybit than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of −0.011%). If the spread goes back, that is −$5 on $10k: about 25 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.078% in total) that is about 4.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DRAMUSDT	61.759	0.0062	pay 0.0062% / 8h	2h 52m	$9.5M	$10.0M	100x
Short	BloFin DRAM-USDT	61.720	0.0227	get 0.0227% / 8h	2h 52m	$300K	$26K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.063%Rate

Funding earned: $34.7
Price spread: −0.063% → −0.011%: −$5.21
Slippage, 4 orders: −$13.92
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$7.43
Costs to cover: 0.369%
Break-even: 8.5 days

Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 37 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	0.81 bp	7.4 bp −$7	13.0 bp −$130	138.4 bp −$13.8K	doesn't fit
Sell BloFin live order book, 37 min ago	2.42 bp	10.0 bp −$10	13.4 bp −$134	39.0 bp −$3,897	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	61.700	−0.096%	$434K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.730	−0.047%	$26.1M	$13.9M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.610	−0.241%	$37K	$189K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.710	−0.079%	$919	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.670	−0.144%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.710	−0.079%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0018%	4h	61.622	−0.221%	$149K	$298K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.589	−0.275%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.600	−0.257%	$48K	$76K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.670	−0.144%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0050%	1h	61.700	−0.096%	$1.0M	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.684	−0.121%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.703	−0.091%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.600	−0.257%	$1.1M	$2.5M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0057%	8h	61.750	−0.015%	$5.5M	$4.7M	50x	as long as short
Bybit DRAMUSDTlong	+0.0062%	8h	61.759	long leg	$9.5M	$10.0M	100x
Pacifica DRAM	+0.0100%	1h	61.660	−0.161%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.680	−0.128%	$3.0M	$401K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.680	−0.128%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.700	−0.096%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.706	−0.086%	$4K	—	10x	as long as short
Entropy io:DRAM	+0.0104%	1h	61.612	−0.238%	$170K	$465K	25x	as long as short
Aster DRAMUSDT	+0.0112%	8h	61.731	−0.045%	$199K	$35K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0113%	8h	61.692	−0.109%	—	—	5x	as long as short
Variational Omni DRAM	+0.0175%	8h	61.664	−0.153%	$2.4M	$618K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.510	−0.403%	$528K	$74K	20x	as long as short
Lighter DRAM	+0.0216%	1h	61.721	−0.062%	$1.1M	$1.2M	20x	as long as short
Extended DRAM-USD	+0.0224%	1h	61.703	−0.090%	$74K	$238K	10x	as long as short
Binance DRAMUSDT	+0.0225%	8h	61.740	−0.031%	$44.2M	$83.2M	50x	as long as short
MEXC DRAM_USDT	+0.0226%	8h	61.730	−0.047%	$9.0M	$5.5M	100x	as long as short
BloFin DRAM-USDTshort	+0.0227%	8h	61.720	−0.063%	$300K	$26K	20x
tradeXYZ xyz:DRAM	+0.0253%	1h	61.708	−0.083%	$80.2M	$35.5M	20x	as long as short
Gate DRAM_USDT	+0.0270%	8h	61.750	−0.015%	$8.1M	$3.6M	75x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0399%	1h	61.700	−0.096%	$13K	$3K	20x	as long as short