DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.037%

Price spread now: KuCoin against Gate−0.065%7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$1011.015% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.130%+$13 on $10k

Price spread, last 7 days+0.014%+$1 · spread now −0.065%, 7d avg −0.053%

Together, before fees+0.144%+$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.053%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DRAM_USDT	61.590	0	get 0.0000% / 8h	2h 09m	$8.2M	$3.6M	75x
Short	KuCoin DRAMUSDTM	61.550	0.0100	get 0.0100% / 8h	2h 09m	$3.0M	$483K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.065%Rate

Funding earned: $21
Price spread: −0.065% → −0.053%: −$1.23
Slippage, 4 orders: −$74.48
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$81.71
Costs to cover: 1.015%
Break-even: 34.2 days

Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 7 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, 4 min ago	1.62 bp	10.4 bp −$10	28.1 bp −$281	141.6 bp −$14.2K	doesn't fit
Sell KuCoin live order book, 7 min ago	1.62 bp	31.8 bp −$32	doesn't fit	doesn't fit	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
Gate DRAM_USDTlong	0.0000%	8h	61.590	long leg	$8.2M	$3.6M	75x
SunX DRAM-USDT	0.0000%	8h	61.570	−0.032%	$613	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.530	−0.097%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.570	−0.032%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0032%	1h	61.565	−0.041%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.540	−0.081%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.552	−0.062%	$251K	$506K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.550	−0.065%	$203K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.559	−0.050%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.500	−0.146%	$1.2M	$1.7M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0052%	8h	61.600	+0.016%	$5.4M	$4.9M	50x	as long as short
edgeX DRAMUSDC	+0.0053%	4h	61.603	+0.021%	$152K	$291K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0075%	1h	61.570	−0.032%	$13K	$9K	20x	as long as short
QFEX DRAM-USD	+0.0080%	1h	61.560	−0.049%	$1.0M	$77K	10x	as long as short
Bitget DRAMUSDT	+0.0088%	8h	61.570	−0.032%	$25.9M	$12.6M	20x	as long as short
Aster DRAMUSDT	+0.0097%	8h	61.570	−0.033%	$201K	$36K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.585	−0.008%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTMshort	+0.0100%	8h	61.550	−0.065%	$3.0M	$483K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	61.580	−0.016%	$22K	$183K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.560	−0.049%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.572	−0.030%	$4K	—	10x	as long as short
tradeXYZ xyz:DRAM	+0.0121%	1h	61.560	−0.049%	$78.9M	$39.7M	20x	as long as short
Bybit DRAMUSDT	+0.0133%	8h	61.610	+0.032%	$9.2M	$10.3M	100x	as long as short
Paradex DRAM-USD-PERP	+0.0135%	8h	61.572	−0.030%	—	—	5x	as long as short
Lighter DRAM	+0.0152%	1h	61.569	−0.034%	$990K	$1.2M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0171%	8h	61.578	−0.020%	$36K	$189K	10x	as long as short
Variational Omni DRAM	+0.0178%	8h	61.573	−0.027%	$2.4M	$978K	—	as long as short
BloFin DRAM-USDT	+0.0208%	8h	61.600	+0.016%	$295K	$26K	20x	as long as short
Extended DRAM-USD	+0.0224%	1h	61.563	−0.043%	$102K	$741K	10x	as long as short
Binance DRAMUSDT	+0.0228%	8h	61.570	−0.032%	$43.7M	$82.9M	50x	as long as short
MEXC DRAM_USDT	+0.0229%	8h	61.570	−0.032%	$11.1M	$6.4M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.580	−0.016%	$510K	$44K	20x	as long as short
RISEx DRAM/USDC	+0.0459%	1h	61.575	−0.024%	$474K	$440K	20x	as long as short
Arcus DRAM-USD	+0.0739%	1h	61.550	−0.065%	$50K	$94K	10x	as long as short