Funding you earn now, next payment 12:00 UTC+0.0596%/8h= +65.3% APRpaid last 24h −0.003%
Price spread now: BloFin against Deribit+0.196%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and BloFin is 0.196% dearer against Deribit than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DRAM_USDC-PERPETUAL | 61.120 | 0.0077 | pay 0.0010% / 1h | 50m 02s | $12K | $4K | 20x |
| Short | BloFin DRAM-USDT | 61.240 | 0.0674 | get 0.0674% / 8h | 4h 50m | $307K | $27K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Deribit. 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
- $125.23
- Price spread: +0.196% → 0.000%
- $19.63
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $125.86
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; BloFin: live order book, 50 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 50 min ago | 0.81 bp | 8.3 bp −$8 | 11.2 bp −$112 | 50.1 bp −$5,009 | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 DRAMUSDT | 0.0000% | 8h | 61.110 | −0.016% | $9.5M | $11.2M | 100x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 61.204 | +0.137% | $460K | $367K | 20x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 61.070 | −0.082% | $26.7M | $17.0M | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.220 | +0.164% | $972 | $2.3M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.210 | +0.147% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.080 | −0.065% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0028% | 1h | 61.201 | +0.133% | $1K | $26K | 5x | as long as short |
| QFEX DRAM-USD | +0.0032% | 1h | 61.170 | +0.082% | $1.0M | $98K | 10x | as long as short |
| Lighter DRAM | +0.0032% | 1h | 61.070 | −0.082% | $1.1M | $1.4M | 20x | as long as short |
| Gate DRAM_USDT | +0.0032% | 8h | 61.110 | −0.016% | $7.9M | $3.4M | 75x | as long as short |
Show all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus DRAM-USD | +0.0040% | 1h | 61.160 | +0.065% | $59K | $80K | 10x | as long as short |
| edgeX DRAMUSDC | +0.0046% | 4h | 61.218 | +0.161% | $149K | $299K | 20x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.120 | 0.000% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 61.144 | +0.039% | $300K | $1.7M | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.195 | +0.123% | $255K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.150 | +0.049% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.150 | +0.049% | $1.1M | $3.7M | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUALlong | +0.0077% | 1h | 61.120 | long leg | $12K | $4K | 20x | |
| Pacifica DRAM | +0.0100% | 1h | 61.201 | +0.133% | $75K | $31K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.120 | 0.000% | $3.0M | $409K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.190 | +0.115% | $21K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.170 | +0.082% | $8K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0103% | 8h | 61.185 | +0.106% | — | — | 5x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.151 | +0.051% | $4K | — | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0119% | 1h | 61.080 | −0.065% | $79.2M | $38.5M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0169% | 8h | 61.100 | −0.033% | $5.4M | $6.4M | 50x | as long as short |
| Aster DRAMUSDT | +0.0175% | 8h | 61.139 | +0.031% | $195K | $28K | 20x | as long as short |
| Variational Omni DRAM | +0.0214% | 8h | 61.209 | +0.145% | $2.2M | $686K | — | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0216% | 1h | 61.140 | +0.033% | $536K | $91K | 20x | as long as short |
| Binance DRAMUSDT | +0.0268% | 8h | 61.118 | −0.003% | $44.1M | $98.6M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0270% | 8h | 61.120 | 0.000% | $9.7M | $5.5M | 100x | as long as short |
| Extended DRAM-USD | +0.0272% | 1h | 61.090 | −0.050% | $101K | $504K | 10x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0297% | 8h | 61.240 | +0.196% | $36K | $230K | 10x | as long as short |
| BloFin DRAM-USDTshort | +0.0674% | 8h | 61.240 | +0.196% | $307K | $27K | 20x |
Deribit DRAM_USDC-PERPETUAL
BloFin DRAM-USDT
Bybit DRAMUSDT
RISEx DRAM/USDC
Bitget DRAMUSDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Lighter DRAM
Gate DRAM_USDT
edgeX DRAMUSDC
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
OKX DRAM-USDT-SWAP
Aster DRAMUSDT
Variational Omni DRAM
Coinbase International DRAM-PERP-INTX
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
GRVT DRAM_USDT_Perp