DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0186%/8h= +20.4% APRnext payment +$1.86 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Gate0.000%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$540.540% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.066%+$7 on $10k

Price spread, last 7 days+0.003%$0 · spread now 0.000%, 7d avg −0.007%

Together, before fees+0.069%+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.066% in total (about 3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.86 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	62.030	0	get 0.0000% / 8h	7h 59m	$8.3M	$3.3M	75x
Short	OKX DRAM-USDT-SWAP	62.030	0.0186	get 0.0186% / 8h	7h 59m	$5.4M	$4.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $39.11
Price spread: 0.000% → −0.007%: $0.73
Slippage, 4 orders: −$28.95
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$14.12
Costs to cover: 0.540%
Break-even: 9.5 days

Slippage from Gate: live order book, 4 min ago; OKX: live order book, 3 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	1.61 bp	17.2 bp −$17	28.4 bp −$284	165.7 bp −$16.6K	doesn't fit
Sell OKX live order book, 3 min ago	0.81 bp	8.0 bp −$8	19.2 bp −$192	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
Polymarket Perps DRAM-USD	−0.0186%	1h	62.013	−0.027%	$265K	$1.5M	10x	as long as short
Bybit DRAMUSDT	0.0000%	8h	62.038	+0.013%	$9.4M	$10.5M	100x	as long as short
Gate DRAM_USDTlong	0.0000%	8h	62.030	long leg	$8.3M	$3.3M	75x
SunX DRAM-USDT	0.0000%	8h	62.060	+0.048%	$569	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.010	−0.032%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.050	+0.032%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0032%	4h	62.048	+0.029%	$154K	$291K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0041%	1h	62.003	−0.043%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.810	−0.355%	—	$797	10x	as long as short
tradeXYZ xyz:DRAM	+0.0050%	1h	61.993	−0.060%	$81.1M	$40.9M	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	62.025	−0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.850	−0.290%	$1.2M	$1.8M	10x	as long as short
QFEX DRAM-USD	+0.0079%	1h	61.950	−0.129%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.979	−0.083%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.880	−0.242%	$3.0M	$469K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.060	+0.048%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.970	−0.097%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.023	−0.012%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.177%	$535K	$95K	20x	as long as short
OKX DRAM-USDT-SWAPshort	+0.0186%	8h	62.030	0.000%	$5.4M	$4.6M	50x
Bitget DRAMUSDT	+0.0198%	8h	61.990	−0.064%	$26.3M	$12.5M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0219%	8h	62.052	+0.035%	—	—	5x	as long as short
Lighter DRAM	+0.0256%	1h	61.899	−0.211%	$970K	$1.1M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0311%	8h	62.072	+0.068%	$37K	$170K	10x	as long as short
Aster DRAMUSDT	+0.0316%	8h	61.983	−0.076%	$199K	$36K	20x	as long as short
Variational Omni DRAM	+0.0411%	8h	62.047	+0.027%	$2.4M	$948K	—	as long as short
Extended DRAM-USD	+0.0448%	1h	61.983	−0.076%	$78K	$764K	10x	as long as short
MEXC DRAM_USDT	+0.0450%	8h	61.980	−0.081%	$10.5M	$6.6M	100x	as long as short
Binance DRAMUSDT	+0.0451%	8h	61.992	−0.061%	$43.7M	$82.8M	50x	as long as short
Arcus DRAM-USD	+0.0680%	1h	62.030	0.000%	$50K	$89K	10x	as long as short
Entropy io:DRAM	+0.0711%	1h	61.996	−0.055%	$253K	$494K	25x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0719%	1h	61.960	−0.113%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0756%	8h	62.040	+0.016%	$295K	$27K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	61.943	−0.140%	$456K	$475K	20x	as long as short