DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0303%/8h= +33.2% APRnext payment +$3.03 per $10,000 · paid last 24h +0.021%

Price spread now: MEXC against Bybit−0.074%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$170.167% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

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

Price spread, last 7 days+0.077%+$8 · spread now −0.074%, 7d avg −0.019%

Together, before fees+0.155%+$16 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.055% cheaper against Bybit than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of −0.019%). If the spread goes back, that is −$5 on $10k: about 14 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.078% in total) that is about 4.9 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.078% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.03 per $10,000. 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	62.286	0.0261	pay 0.0261% / 8h	6h 03m	$9.6M	$10.1M	100x
Short	MEXC DRAM_USDT	62.240	0.0564	get 0.0564% / 8h	6h 03m	$9.6M	$5.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.074%Rate

Funding earned: $63.7
Price spread: −0.074% → −0.019%: −$5.48
Slippage, 4 orders: −$5.7
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 0 bp × 2 orders: $0
Net: $41.52
Costs to cover: 0.167%
Break-even: 2.4 days

Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 5 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	0.80 bp	7.2 bp −$7	14.6 bp −$146	119.1 bp −$11.9K	doesn't fit
Sell MEXC live order book, 5 min ago	0.81 bp	0.8 bp −$1	0.9 bp −$9	5.8 bp −$576	doesn't fit

DRAM on 33 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	62.230	−0.090%	$513	$2.8M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.150	−0.218%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.250	−0.058%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0032%	1h	62.124	−0.260%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.140	−0.234%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.160	−0.202%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.190	−0.154%	$1.0M	$78K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.206	−0.128%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.222	−0.103%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.100	−0.299%	$1.2M	$1.9M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAM	+0.0051%	1h	62.130	−0.250%	$253K	$426K	25x	as long as short
edgeX DRAMUSDC	+0.0082%	4h	62.132	−0.247%	$150K	$297K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.151	−0.217%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.180	−0.170%	$3.0M	$401K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.200	−0.138%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.250	−0.058%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.249	−0.059%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0116%	8h	62.240	−0.074%	$26.1M	$13.1M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0151%	8h	62.192	−0.151%	—	—	5x	as long as short
Lighter DRAM	+0.0152%	1h	62.212	−0.119%	$967K	$1.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.040	−0.395%	$534K	$81K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0207%	1h	62.204	−0.132%	$82.1M	$37.0M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0213%	8h	62.250	−0.058%	$5.5M	$4.5M	50x	as long as short
Bybit DRAMUSDTlong	+0.0261%	8h	62.286	long leg	$9.6M	$10.1M	100x
GRVT DRAM_USDT_Perp	+0.0261%	8h	62.181	−0.169%	$36K	$155K	10x	as long as short
Aster DRAMUSDT	+0.0438%	8h	62.255	−0.050%	$200K	$36K	20x	as long as short
Gate DRAM_USDT	+0.0490%	8h	62.260	−0.042%	$8.1M	$3.5M	75x	as long as short
Variational Omni DRAM	+0.0526%	8h	62.174	−0.180%	$2.4M	$709K	—	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0554%	1h	62.210	−0.122%	$13K	$3K	20x	as long as short
Extended DRAM-USD	+0.0560%	1h	62.222	−0.102%	$75K	$665K	10x	as long as short
Binance DRAMUSDT	+0.0563%	8h	62.248	−0.061%	$44.6M	$81.7M	50x	as long as short
MEXC DRAM_USDTshort	+0.0564%	8h	62.240	−0.074%	$9.6M	$5.9M	100x
RISEx DRAM/USDC	+0.0835%	1h	62.209	−0.124%	$448K	$505K	20x	as long as short