Funding you earn now, next payment 04:00 UTC−0.0383%/8h= −41.9% APRpaid last 24h −0.035%
Price spread now: edgeX against Bybit−0.139%81s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as 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−$420.416% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 3 days (all we have)+0.128%+$13 · spread now −0.139%, 7d avg −0.025%
=Together, before fees+0.130%+ Points / potential airdropedgeX: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and edgeX is 0.115% cheaper against Bybit than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.025%). Swap the legs. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.002% in total (about 0.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DRAMUSDT | 62.528 | 0.0466 | pay 0.0466% / 8h | 7h 06m | $9.6M | $10.4M | 100x |
| Short | edgeX DRAMUSDC | 62.441 | 0.0084 | get 0.0042% / 4h | 3h 06m | $151K | $296K | 20x |
Bybit DRAMUSDT
edgeX DRAMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$80.36
- Price spread: −0.139% → −0.025%
- −$11.49
- Slippage, 4 orders
- −$21.56
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$133.42
- Costs to cover
- 0.416%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; edgeX: live order book, 2 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 | 0.80 bp | 7.3 bp −$7 | 14.7 bp −$147 | 117.8 bp −$11.8K | doesn't fit |
| Sell edgeX live order book, 2 min ago | 6.40 bp | 14.6 bp −$15 | 23.8 bp −$238 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX DRAM-USDT | 0.0000% | 8h | 62.460 | −0.109% | $781 | $3.0M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.450 | −0.125% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.490 | −0.061% | $1.8M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0034% | 1h | 62.442 | −0.138% | $1K | $35K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.430 | −0.157% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.440 | −0.141% | $267K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.478 | −0.080% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.400 | −0.205% | $1.2M | $1.9M | 10x | as long as short |
| edgeX DRAMUSDCshort | +0.0084% | 4h | 62.441 | −0.139% | $151K | $296K | 20x | |
| Pacifica DRAM | +0.0100% | 1h | 62.405 | −0.197% | $76K | $41K | 10x | as long as short |
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
Pacifica DRAMShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.450 | −0.125% | $3.0M | $421K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.370 | −0.253% | $22K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.490 | −0.061% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.490 | −0.060% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0120% | 1h | 62.465 | −0.101% | $972K | $1.3M | 20x | as long as short |
| QFEX DRAM-USD | +0.0160% | 1h | 62.440 | −0.141% | $1.0M | $78K | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 62.390 | −0.221% | $540K | $91K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0227% | 1h | 62.450 | −0.125% | $82.2M | $37.6M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0231% | 1h | 62.440 | −0.141% | $13K | $3K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0237% | 8h | 62.456 | −0.115% | — | — | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0246% | 8h | 62.510 | −0.029% | $5.5M | $4.6M | 50x | as long as short |
| Bybit DRAMUSDTlong | +0.0466% | 8h | 62.528 | long leg | $9.6M | $10.4M | 100x | |
| Aster DRAMUSDT | +0.0492% | 8h | 62.357 | −0.274% | $201K | $36K | 20x | as long as short |
| Entropy io:DRAM | +0.0516% | 1h | 62.372 | −0.249% | $255K | $448K | 25x | as long as short |
| Variational Omni DRAM | +0.0585% | 8h | 62.483 | −0.071% | $2.4M | $749K | — | as long as short |
| Bitget DRAMUSDT | +0.0596% | 8h | 62.480 | −0.077% | $26.2M | $12.9M | 20x | as long as short |
| Arcus DRAM-USD | +0.0606% | 1h | 62.450 | −0.125% | $51K | $82K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0615% | 8h | 62.480 | −0.077% | $9.7M | $6.7M | 100x | as long as short |
| Binance DRAMUSDT | +0.0620% | 8h | 62.476 | −0.082% | $45.0M | $81.9M | 50x | as long as short |
| Extended DRAM-USD | +0.0624% | 1h | 62.449 | −0.126% | $76K | $665K | 10x | as long as short |
| Gate DRAM_USDT | +0.0821% | 8h | 62.490 | −0.061% | $8.3M | $3.5M | 75x | as long as short |
| BloFin DRAM-USDT | +0.0962% | 8h | 62.510 | −0.029% | $299K | $26K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.1049% | 8h | 62.448 | −0.128% | $37K | $153K | 10x | as long as short |
| RISEx DRAM/USDC | +0.1096% | 1h | 62.444 | −0.134% | $456K | $499K | 20x | as long as short |
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Lighter DRAM
QFEX DRAM-USD
Coinbase International DRAM-PERP-INTX
tradeXYZ xyz:DRAM
Deribit DRAM_USDC-PERPETUAL
Paradex DRAM-USD-PERP
OKX DRAM-USDT-SWAP
Aster DRAMUSDT
Entropy io:DRAM
Variational Omni DRAM
Bitget DRAMUSDT
Arcus DRAM-USD
MEXC DRAM_USDT
Binance DRAMUSDT
Extended DRAM-USD
Gate DRAM_USDT
BloFin DRAM-USDT
GRVT DRAM_USDT_Perp
RISEx DRAM/USDC