DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0287%/8h= −31.4% APRnext payment −$2.87 per $10,000 · paid last 24h +0.004%

Price spread now: Binance against Gate−0.025%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$470.469% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.121%+$12 on $10k

Price spread, last 7 days+0.007%+$1 · spread now −0.025%, 7d avg −0.005%

Together, before fees+0.127%+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.121%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.121% in total (about 6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.87 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	Gate DRAM_USDT	62.310	0.0625	pay 0.0625% / 8h	4h 01m	$8.2M	$3.5M	75x
Short	Binance DRAMUSDT	62.295	0.0338	get 0.0338% / 8h	4h 01m	$44.8M	$80.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now −0.025%Rate

Funding earned: −$60.17
Price spread: −0.025% → −0.005%: −$1.97
Slippage, 4 orders: −$21.94
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$109.07
Costs to cover: 0.469%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; Binance: live order book, 11 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 Gate live order book, 2 min ago	1.60 bp	14.5 bp −$14	27.8 bp −$278	87.1 bp −$8,711	doesn't fit
Sell Binance live order book, 11 min ago	0.80 bp	5.8 bp −$6	7.8 bp −$78	32.9 bp −$3,291	doesn't fit

DRAM on 34 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	62.285	−0.040%	$439K	$502K	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.320	+0.016%	$36K	$177K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.290	−0.032%	$927	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.230	−0.128%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.280	−0.048%	$1.7M	$1.3M	10x	as long as short
Bitget DRAMUSDT	+0.0018%	8h	62.300	−0.016%	$26.2M	$13.4M	20x	as long as short
Aftermath Perps DRAMUSD	+0.0020%	1h	62.311	+0.001%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0040%	1h	62.281	−0.047%	$1.0M	$1.1M	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.290	−0.032%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.240	−0.112%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DRAM-USD	+0.0050%	1h	62.260	−0.080%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.260	−0.080%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.240	−0.112%	$1.1M	$2.3M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.280	−0.048%	$1.0M	$78K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0071%	1h	62.250	−0.096%	$13K	$3K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0079%	8h	62.270	−0.063%	—	—	5x	as long as short
edgeX DRAMUSDC	+0.0083%	4h	62.307	−0.005%	$151K	$299K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0084%	8h	62.300	−0.016%	$5.5M	$4.5M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0093%	1h	62.271	−0.063%	$81.6M	$35.4M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.256	−0.086%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.260	−0.080%	$3.0M	$394K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.310	0.000%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.270	−0.064%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.266	−0.071%	$4K	—	10x	as long as short
Bybit DRAMUSDT	+0.0118%	8h	62.314	+0.006%	$9.7M	$9.7M	100x	as long as short
Entropy io:DRAM	+0.0143%	1h	62.288	−0.035%	$177K	$443K	25x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	+0.032%	$535K	$75K	20x	as long as short
Aster DRAMUSDT	+0.0222%	8h	62.281	−0.046%	$200K	$35K	20x	as long as short
Variational Omni DRAM	+0.0302%	8h	62.364	+0.087%	$2.4M	$747K	—	as long as short
Binance DRAMUSDTshort	+0.0338%	8h	62.295	−0.025%	$44.8M	$80.1M	50x
MEXC DRAM_USDT	+0.0342%	8h	62.290	−0.032%	$8.9M	$5.5M	100x	as long as short
Extended DRAM-USD	+0.0344%	1h	62.272	−0.062%	$76K	$622K	10x	as long as short
BloFin DRAM-USDT	+0.0356%	8h	62.350	+0.064%	$302K	$26K	20x	as long as short
Gate DRAM_USDTlong	+0.0625%	8h	62.310	long leg	$8.2M	$3.5M	75x