Funding you earn now, next payment 08:00 UTC+0.0179%/8h= +19.6% APRnext payment +$1.79 per $10,000 · paid last 24h +0.041%
Price spread now: Binance against KuCoin0.000%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$740.738% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now 0.000%, 7d avg +0.048%
=Funding pays, the price is against you. Binance is 0.048% cheaper against KuCoin than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.048%). If the spread goes back, that is −$5 on $10k: about 21 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DRAMUSDTM | 61.930 | 0.0100 | pay 0.0100% / 8h | 3h 27m | $3.0M | $397K | 20x |
| Short | Binance DRAMUSDT | 61.930 | 0.0279 | get 0.0279% / 8h | 3h 27m | $44.4M | $81.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $37.5
- Price spread: 0.000% → +0.048%
- −$4.77
- Slippage, 4 orders
- −$51.83
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$41.09
- Costs to cover
- 0.738%
- Break-even
- 14.7 days
Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, just now.
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 KuCoin live order book, 5 min ago | 0.81 bp | 36.8 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, just now | 0.81 bp | 5.8 bp −$6 | 8.3 bp −$83 | 33.6 bp −$3,356 | 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 | 61.948 | +0.029% | $436K | $500K | 20x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 61.960 | +0.048% | $26.1M | $13.6M | 20x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.959 | +0.047% | $36K | $186K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.980 | +0.081% | $718 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.980 | +0.081% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.000 | +0.113% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0022% | 1h | 61.918 | −0.020% | $1K | $32K | 5x | as long as short |
| QFEX DRAM-USD | +0.0036% | 1h | 61.950 | +0.032% | $1.0M | $84K | 10x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.940 | +0.016% | $48K | $77K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.930 | 0.000% | — | — | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:DRAM | +0.0050% | 1h | 61.915 | −0.024% | $172K | $461K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.907 | −0.037% | $260K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.980 | +0.081% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.940 | +0.016% | $1.1M | $2.4M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0056% | 4h | 61.959 | +0.047% | $150K | $297K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0064% | 8h | 61.950 | +0.032% | $5.4M | $4.6M | 50x | as long as short |
| Bybit DRAMUSDT | +0.0088% | 8h | 61.963 | +0.053% | $9.6M | $9.8M | 100x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.959 | +0.047% | $74K | $47K | 10x | as long as short |
| KuCoin DRAMUSDTMlong | +0.0100% | 8h | 61.930 | long leg | $3.0M | $397K | 20x | |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.950 | +0.032% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.920 | −0.016% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.930 | 0.000% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0104% | 1h | 62.110 | +0.291% | $533K | $75K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0114% | 8h | 61.958 | +0.045% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0136% | 1h | 61.908 | −0.036% | $80.6M | $35.6M | 20x | as long as short |
| Aster DRAMUSDT | +0.0162% | 8h | 61.926 | −0.006% | $199K | $35K | 20x | as long as short |
| Lighter DRAM | +0.0184% | 1h | 61.961 | +0.050% | $1.1M | $1.2M | 20x | as long as short |
| Variational Omni DRAM | +0.0226% | 8h | 61.974 | +0.071% | $2.4M | $739K | — | as long as short |
| BloFin DRAM-USDT | +0.0260% | 8h | 61.960 | +0.048% | $300K | $26K | 20x | as long as short |
| Binance DRAMUSDTshort | +0.0279% | 8h | 61.930 | 0.000% | $44.4M | $81.1M | 50x | |
| MEXC DRAM_USDT | +0.0279% | 8h | 61.920 | −0.016% | $8.2M | $5.6M | 100x | as long as short |
| Extended DRAM-USD | +0.0280% | 1h | 61.932 | +0.003% | $76K | $547K | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0396% | 1h | 61.980 | +0.081% | $13K | $3K | 20x | as long as short |
| Gate DRAM_USDT | +0.0458% | 8h | 61.970 | +0.065% | $8.1M | $3.5M | 75x | as long as short |
KuCoin DRAMUSDTM
Binance DRAMUSDT
RISEx DRAM/USDC
Bitget DRAMUSDT
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
edgeX DRAMUSDC
OKX DRAM-USDT-SWAP
Bybit DRAMUSDT
Pacifica DRAM
ApeX Omni DRAMUSDT
Coinbase International DRAM-PERP-INTX
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
Aster DRAMUSDT
Lighter DRAM
Variational Omni DRAM
BloFin DRAM-USDT
MEXC DRAM_USDT
Extended DRAM-USD
Deribit DRAM_USDC-PERPETUAL
Gate DRAM_USDT