DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0159%/8h= +17.4% APRnext payment +$1.59 per $10,000 · paid last 24h −0.012%

Price spread now: OKX against Bybit−0.011%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$31as in the Funding arb table

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

costs, in and out, $10k−$340.336% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 7 days+0.018%+$2 · spread now −0.011%, 7d avg −0.016%

Together, before fees+0.038%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DRAMUSDT	61.037	0	get 0.0000% / 8h	4h 08m	$9.5M	$11.1M	100x
Short	OKX DRAM-USDT-SWAP	61.030	0.0159	get 0.0159% / 8h	4h 08m	$5.5M	$7.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.011%Rate

Funding earned: $33.32
Price spread: −0.011% → −0.016%: $0.48
Slippage, 4 orders: −$12.58
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: $0.22
Costs to cover: 0.336%
Break-even: 7.0 days

Slippage from Bybit: live order book, 3 min ago; OKX: 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, 3 min ago	0.82 bp	9.3 bp −$9	15.4 bp −$154	110.2 bp −$11.0K	doesn't fit
Sell OKX live order book, 2 min ago	0.82 bp	7.4 bp −$7	15.8 bp −$158	doesn't fit	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
Bybit DRAMUSDTlong	0.0000%	8h	61.037	long leg	$9.5M	$11.1M	100x
RISEx DRAM/USDC	0.0000%	1h	60.998	−0.064%	$458K	$365K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.030	−0.011%	$7.9M	$3.5M	75x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.000	−0.061%	$26.6M	$17.1M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.030	−0.011%	$608	$2.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.020	−0.028%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.030	−0.011%	$1.7M	$1.3M	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0021%	8h	61.063	+0.043%	$36K	$229K	10x	as long as short
edgeX DRAMUSDC	+0.0022%	4h	61.067	+0.049%	$148K	$298K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0027%	1h	60.998	−0.064%	$1K	$26K	5x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0032%	1h	61.000	−0.061%	$1.0M	$100K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.970	−0.110%	$59K	$80K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.950	−0.143%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.986	−0.084%	$254K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.011	−0.043%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.950	−0.143%	$1.1M	$3.6M	10x	as long as short
Lighter DRAM	+0.0072%	1h	60.989	−0.079%	$1.1M	$1.4M	20x	as long as short
Aster DRAMUSDT	+0.0087%	8h	61.018	−0.032%	$195K	$28K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0092%	8h	60.996	−0.068%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	61.010	−0.044%	$74K	$32K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.980	−0.093%	$3.0M	$384K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.050	+0.021%	$21K	$187K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.030	−0.011%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.005	−0.052%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0111%	8h	61.028	−0.014%	$2.1M	$679K	—	as long as short
Binance DRAMUSDT	+0.0148%	8h	61.010	−0.044%	$44.0M	$98.3M	50x	as long as short
MEXC DRAM_USDT	+0.0149%	8h	60.990	−0.077%	$9.8M	$5.8M	100x	as long as short
Extended DRAM-USD	+0.0152%	1h	60.988	−0.080%	$97K	$974K	10x	as long as short
OKX DRAM-USDT-SWAPshort	+0.0159%	8h	61.030	−0.011%	$5.5M	$7.6M	50x
tradeXYZ xyz:DRAM	+0.0159%	1h	60.964	−0.120%	$79.2M	$38.0M	20x	as long as short
Entropy io:DRAM	+0.0173%	1h	60.991	−0.075%	$291K	$1.7M	25x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0216%	1h	61.140	+0.169%	$536K	$90K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0406%	1h	61.010	−0.044%	$12K	$4K	20x	as long as short
BloFin DRAM-USDT	+0.0628%	8h	61.040	+0.005%	$309K	$27K	20x	as long as short