Funding you earn now, next payment 04:00 UTC+0.0490%/8h= +53.7% APRpaid last 24h +0.056%
Price spread now: MEXC against edgeX−0.022%53s7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as 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−$160.159% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now −0.022%, 7d avg +0.003%
=Together, before fees+0.020%+ Points / potential airdropedgeX: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.025% cheaper against edgeX than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.003%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.076% in total) that is about 2.3 days. The two prices were read 53 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 0.076% in total (about 4.0% 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 | edgeX DRAMUSDC | 62.214 | 0.0073 | pay 0.0036% / 4h | 2h 00m | $151K | $298K | 20x |
| Short | MEXC DRAM_USDT | 62.200 | 0.0563 | get 0.0563% / 8h | 6h 00m | $9.6M | $5.9M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $102.97
- Price spread: −0.022% → +0.003%
- −$2.53
- Slippage, 4 orders
- −$6.94
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $84.5
- Costs to cover
- 0.159%
- Break-even
- 1.3 days
Slippage from edgeX: live order book, 2 min ago; MEXC: 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 edgeX live order book, 2 min ago | 2.41 bp | 7.4 bp −$7 | 14.5 bp −$145 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.80 bp | 0.8 bp −$1 | 0.8 bp −$8 | 5.9 bp −$591 | 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 | 62.240 | +0.042% | $789 | $2.8M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.150 | −0.102% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.240 | +0.042% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0032% | 1h | 62.174 | −0.064% | $1K | $34K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.190 | −0.038% | $51K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.170 | −0.070% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0046% | 1h | 62.210 | −0.006% | $1.0M | $78K | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.213 | −0.001% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.223 | +0.015% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.160 | −0.086% | $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 | +0.0052% | 1h | 62.156 | −0.093% | $253K | $426K | 25x | as long as short |
| edgeX DRAMUSDClong | +0.0073% | 4h | 62.214 | long leg | $151K | $298K | 20x | |
| Pacifica DRAM | +0.0100% | 1h | 62.164 | −0.080% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.180 | −0.054% | $3.0M | $401K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.190 | −0.038% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.270 | +0.091% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.262 | +0.077% | $4K | — | 10x | as long as short |
| Bitget DRAMUSDT | +0.0117% | 8h | 62.220 | +0.010% | $26.1M | $13.1M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.040 | −0.279% | $534K | $81K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0153% | 8h | 62.211 | −0.005% | — | — | 5x | as long as short |
| Lighter DRAM | +0.0160% | 1h | 62.197 | −0.027% | $967K | $1.0M | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0211% | 1h | 62.185 | −0.046% | $82.1M | $37.0M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0215% | 8h | 62.210 | −0.006% | $5.5M | $4.5M | 50x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0257% | 8h | 62.235 | +0.035% | $36K | $155K | 10x | as long as short |
| Bybit DRAMUSDT | +0.0271% | 8h | 62.260 | +0.074% | $9.6M | $10.1M | 100x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0393% | 1h | 62.220 | +0.010% | $13K | $3K | 20x | as long as short |
| Aster DRAMUSDT | +0.0438% | 8h | 62.248 | +0.056% | $200K | $36K | 20x | as long as short |
| Gate DRAM_USDT | +0.0498% | 8h | 62.260 | +0.074% | $8.2M | $3.5M | 75x | as long as short |
| Variational Omni DRAM | +0.0525% | 8h | 62.224 | +0.017% | $2.4M | $710K | — | as long as short |
| Extended DRAM-USD | +0.0560% | 1h | 62.195 | −0.030% | $75K | $665K | 10x | as long as short |
| Binance DRAMUSDT | +0.0562% | 8h | 62.200 | −0.022% | $44.5M | $81.6M | 50x | as long as short |
| MEXC DRAM_USDTshort | +0.0563% | 8h | 62.200 | −0.022% | $9.6M | $5.9M | 100x | |
| RISEx DRAM/USDC | +0.0835% | 1h | 62.234 | +0.033% | $448K | $505K | 20x | as long as short |
edgeX DRAMUSDC
MEXC DRAM_USDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Bitget DRAMUSDT
Coinbase International DRAM-PERP-INTX
Paradex DRAM-USD-PERP
Lighter DRAM
tradeXYZ xyz:DRAM
OKX DRAM-USDT-SWAP
GRVT DRAM_USDT_Perp
Bybit DRAMUSDT
Deribit DRAM_USDC-PERPETUAL
Aster DRAMUSDT
Gate DRAM_USDT
Variational Omni DRAM
Extended DRAM-USD
Binance DRAMUSDT
RISEx DRAM/USDC