Funding you earn now, next payment 04:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h +0.015%
Price spread now: KuCoin against edgeX+0.046%83s7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as 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−$850.850% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)−0.141%−$14 · spread now +0.046%, 7d avg −0.029%
=Together, before fees−0.055%+ Points / potential airdropedgeX: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.075% dearer against edgeX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.029%. The two prices were read 83 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 | edgeX DRAMUSDC | 62.231 | 0.0057 | pay 0.0028% / 4h | 1h 56m | $151K | $298K | 20x |
| Short | KuCoin DRAMUSDTM | 62.260 | 0.0100 | get 0.0100% / 8h | 5h 56m | $3.0M | $404K | 20x |
edgeX DRAMUSDC
KuCoin DRAMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against edgeX. 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
- $9.05
- Price spread: +0.046% → −0.029%
- $7.46
- Slippage, 4 orders
- −$64.03
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$68.52
- Costs to cover
- 0.850%
- Break-even
- 60.0 days
Slippage from edgeX: live order book, 7 min ago; KuCoin: live order book, 6 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 edgeX live order book, 7 min ago | 2.41 bp | 7.4 bp −$7 | 14.5 bp −$145 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 1.61 bp | 32.3 bp −$32 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx DRAM/USDC | 0.0000% | 1h | 62.310 | +0.127% | $448K | $505K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.310 | +0.126% | $603 | $2.8M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.300 | +0.110% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.310 | +0.126% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0032% | 1h | 62.207 | −0.040% | $1K | $33K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.250 | +0.030% | $51K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.250 | +0.030% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.288 | +0.091% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.315 | +0.134% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.270 | +0.062% | $1.2M | $1.9M | 10x | as long as short |
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.PShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX DRAM-USD | +0.0055% | 1h | 62.300 | +0.110% | $1.0M | $78K | 10x | as long as short |
| edgeX DRAMUSDClong | +0.0057% | 4h | 62.231 | long leg | $151K | $298K | 20x | |
| Pacifica DRAM | +0.0100% | 1h | 62.327 | +0.154% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTMshort | +0.0100% | 8h | 62.260 | +0.046% | $3.0M | $404K | 20x | |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.190 | −0.067% | $22K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.330 | +0.158% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.332 | +0.162% | $4K | — | 10x | as long as short |
| Bitget DRAMUSDT | +0.0119% | 8h | 62.320 | +0.142% | $26.2M | $13.1M | 20x | as long as short |
| Entropy io:DRAM | +0.0130% | 1h | 62.226 | −0.009% | $253K | $427K | 25x | as long as short |
| Paradex DRAM-USD-PERP | +0.0154% | 8h | 62.308 | +0.122% | — | — | 5x | as long as short |
| Lighter DRAM | +0.0168% | 1h | 62.296 | +0.104% | $968K | $1.0M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 62.040 | −0.308% | $534K | $81K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0215% | 8h | 62.310 | +0.126% | $5.5M | $4.5M | 50x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0243% | 8h | 62.210 | −0.034% | $36K | $155K | 10x | as long as short |
| Bybit DRAMUSDT | +0.0284% | 8h | 62.350 | +0.191% | $9.7M | $10.0M | 100x | as long as short |
| tradeXYZ xyz:DRAM | +0.0297% | 1h | 62.293 | +0.099% | $82.2M | $37.0M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0393% | 1h | 62.280 | +0.078% | $13K | $3K | 20x | as long as short |
| Aster DRAMUSDT | +0.0436% | 8h | 62.331 | +0.160% | $200K | $36K | 20x | as long as short |
| Gate DRAM_USDT | +0.0505% | 8h | 62.350 | +0.191% | $8.2M | $3.5M | 75x | as long as short |
| Variational Omni DRAM | +0.0519% | 8h | 62.285 | +0.086% | $2.4M | $710K | — | as long as short |
| MEXC DRAM_USDT | +0.0558% | 8h | 62.300 | +0.110% | $9.6M | $5.5M | 100x | as long as short |
| Binance DRAMUSDT | +0.0559% | 8h | 62.310 | +0.126% | $44.7M | $81.6M | 50x | as long as short |
| Extended DRAM-USD | +0.0560% | 1h | 62.294 | +0.101% | $75K | $665K | 10x | as long as short |
QFEX DRAM-USD
Pacifica DRAM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Bitget DRAMUSDT
Entropy io:DRAM
Paradex DRAM-USD-PERP
Lighter DRAM
Coinbase International DRAM-PERP-INTX
OKX DRAM-USDT-SWAP
GRVT DRAM_USDT_Perp
Bybit DRAMUSDT
tradeXYZ xyz:DRAM
Deribit DRAM_USDC-PERPETUAL
Aster DRAMUSDT
Gate DRAM_USDT
Variational Omni DRAM
MEXC DRAM_USDT
Binance DRAMUSDT
Extended DRAM-USD