Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.021%+$2 on $10k · with fees, hour by hour
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DRAMUSDTM61.9300.0100pay 0.0100% / 8h3h 27m$3.0M$397K20x
ShortBinance DRAMUSDT61.9300.0279get 0.0279% / 8h3h 27m$44.4M$81.1M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago0.81 bp36.8 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, just now0.81 bp5.8 bp −$68.3 bp −$8333.6 bp −$3,356doesn't fit

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx DRAM/USDC0.0000%1h61.948+0.029%$436K$500K20xas long as short
Bitget DRAMUSDT0.0000%8h61.960+0.048%$26.1M$13.6M20xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.959+0.047%$36K$186K10xas long as short
SunX DRAM-USDT0.0000%8h61.980+0.081%$718$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.980+0.081%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.000+0.113%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0022%1h61.918−0.020%$1K$32K5xas long as short
QFEX DRAM-USD+0.0036%1h61.950+0.032%$1.0M$84K10xas long as short
Arcus DRAM-USD+0.0040%1h61.940+0.016%$48K$77K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.9300.000%10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:DRAM+0.0050%1h61.915−0.024%$172K$461K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.907−0.037%$260K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.980+0.081%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.940+0.016%$1.1M$2.4M10xas long as short
edgeX DRAMUSDC+0.0056%4h61.959+0.047%$150K$297K20xas long as short
OKX DRAM-USDT-SWAP+0.0064%8h61.950+0.032%$5.4M$4.6M50xas long as short
Bybit DRAMUSDT+0.0088%8h61.963+0.053%$9.6M$9.8M100xas long as short
Pacifica DRAM+0.0100%1h61.959+0.047%$74K$47K10xas long as short
KuCoin DRAMUSDTMlong+0.0100%8h61.930long leg$3.0M$397K20x
ApeX Omni DRAMUSDT+0.0100%1h61.950+0.032%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.920−0.016%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.9300.000%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0104%1h62.110+0.291%$533K$75K20xas long as short
Paradex DRAM-USD-PERP+0.0114%8h61.958+0.045%5xas long as short
tradeXYZ xyz:DRAM+0.0136%1h61.908−0.036%$80.6M$35.6M20xas long as short
Aster DRAMUSDT+0.0162%8h61.926−0.006%$199K$35K20xas long as short
Lighter DRAM+0.0184%1h61.961+0.050%$1.1M$1.2M20xas long as short
Variational Omni DRAM+0.0226%8h61.974+0.071%$2.4M$739Kas long as short
BloFin DRAM-USDT+0.0260%8h61.960+0.048%$300K$26K20xas long as short
Binance DRAMUSDTshort+0.0279%8h61.9300.000%$44.4M$81.1M50x
MEXC DRAM_USDT+0.0279%8h61.920−0.016%$8.2M$5.6M100xas long as short
Extended DRAM-USD+0.0280%1h61.932+0.003%$76K$547K10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0396%1h61.980+0.081%$13K$3K20xas long as short
Gate DRAM_USDT+0.0458%8h61.970+0.065%$8.1M$3.5M75xas long as short