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+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h +0.071%
Price spread now: BloFin against KuCoin+0.131%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$810.805% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.131%, 7d avg +0.044%
Together, before fees−0.111%−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.086% dearer against KuCoin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DRAMUSDTM61.2100.0100pay 0.0100% / 8h1h 47m$3.0M$414K20x
ShortBloFin DRAM-USDT61.2900.0129get 0.0129% / 8h1h 47m$302K$26K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$6.05
Price spread: +0.131% → +0.044%
$8.63
Slippage, 4 orders
−$56.53
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$65.85
Costs to cover
0.805%
Break-even
83.2 days
Slippage from KuCoin: live order book, 10 min ago; BloFin: live order book, 37 min ago.

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, 10 min ago0.82 bp32.2 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 37 min ago1.63 bp10.9 bp −$1120.6 bp −$20658.9 bp −$5,890doesn'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
Bitget DRAMUSDT−0.0457%8h61.250+0.065%$26.0M$14.5M20xas long as short
Bybit DRAMUSDT0.0000%8h61.220+0.016%$9.4M$10.3M100xas long as short
RISEx DRAM/USDC0.0000%1h61.230+0.032%$424K$419K20xas long as short
Gate DRAM_USDT0.0000%8h61.270+0.098%$8.0M$3.7M75xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.270+0.098%$36K$201K10xas long as short
SunX DRAM-USDT0.0000%8h61.220+0.016%$732$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.170−0.065%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.240+0.049%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0012%4h61.298+0.144%$149K$299K20xas long as short
Aster DRAMUSDT+0.0028%8h61.258+0.078%$197K$35K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps DRAMUSD+0.0028%1h61.238+0.045%$1K$31K5xas long as short
OKX DRAM-USDT-SWAP+0.0030%8h61.240+0.049%$5.4M$5.7M50xas long as short
QFEX DRAM-USD+0.0039%1h61.220+0.016%$997K$84K10xas long as short
Arcus DRAM-USD+0.0040%1h61.230+0.033%$48K$68K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.220+0.016%10xas long as short
Entropy io:DRAM+0.0050%1h61.213+0.005%$169K$469K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.206−0.007%$254K$1.4M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.225+0.025%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.160−0.082%$1.1M$3.4M10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0077%1h61.220+0.016%$13K$3K20xas long as short
Variational Omni DRAM+0.0083%8h61.275+0.106%$2.3M$682Kas long as short
Pacifica DRAM+0.0100%1h61.214+0.006%$73K$46K10xas long as short
KuCoin DRAMUSDTMlong+0.0100%8h61.210long leg$3.0M$414K20x
ApeX Omni DRAMUSDT+0.0100%1h61.280+0.114%$21K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.220+0.016%$8K10xas long as short
tradeXYZ xyz:DRAM+0.0104%1h61.216+0.010%$79.3M$35.9M20xas long as short
Aevo DRAM-PERP+0.0104%1h61.226+0.026%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0105%8h61.205−0.009%5xas long as short
Lighter DRAM+0.0128%1h61.248+0.062%$1.1M$1.2M20xas long as short
Extended DRAM-USD+0.0128%1h61.203−0.011%$74K$190K10xas long as short
BloFin DRAM-USDTshort+0.0129%8h61.290+0.131%$302K$26K20x
Binance DRAMUSDT+0.0132%8h61.230+0.033%$43.8M$87.3M50xas long as short
MEXC DRAM_USDT+0.0133%8h61.230+0.033%$8.0M$5.6M100xas long as short
Coinbase International DRAM-PERP-INTX+0.0160%1h61.110−0.163%$525K$75K20xas long as short