Funding you earn now, next payment 08:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.94 per $10,000 · paid last 24h +0.020%
Price spread now: Bybit against KuCoin+0.082%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$960.960% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 7 days−0.061%−$6 · spread now +0.082%, 7d avg +0.060%
=The price spread pays, funding is against you. Bybit is 0.022% dearer against KuCoin than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of +0.060%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.089% in total) that is about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DRAMUSDTM | 61.340 | 0.0100 | pay 0.0100% / 8h | 1h 57m | $3.0M | $412K | 20x |
| Short | Bybit DRAMUSDT | 61.390 | 0.0006 | get 0.0006% / 8h | 1h 57m | $9.4M | $10.3M | 100x |
KuCoin DRAMUSDTM
Bybit DRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$19.77
- Price spread: +0.082% → +0.060%
- $2.19
- Slippage, 4 orders
- −$73.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$113.61
- Costs to cover
- 0.960%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 9 min ago; Bybit: live order book, 5 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 KuCoin live order book, 9 min ago | 0.81 bp | 48.0 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.81 bp | 8.7 bp −$9 | 15.2 bp −$152 | 142.1 bp −$14.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0433% | 8h | 61.400 | +0.098% | $26.1M | $14.5M | 20x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 61.432 | +0.149% | $425K | $506K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 61.410 | +0.114% | $8.0M | $3.7M | 75x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.460 | +0.196% | $36K | $197K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.430 | +0.147% | $711 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.420 | +0.130% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.390 | +0.082% | $1.7M | $1.3M | 10x | as long as short |
| Bybit DRAMUSDTshort | +0.0006% | 8h | 61.390 | +0.082% | $9.4M | $10.3M | 100x | |
| Aftermath Perps DRAMUSD | +0.0028% | 1h | 61.401 | +0.099% | $1K | $31K | 5x | as long as short |
| edgeX DRAMUSDC | +0.0039% | 4h | 61.431 | +0.149% | $149K | $299K | 20x | as long as short |
Bitget DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
edgeX DRAMUSDCShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX DRAM-USD | +0.0039% | 1h | 61.420 | +0.130% | $1.0M | $84K | 10x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.400 | +0.098% | $48K | $69K | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0041% | 8h | 61.370 | +0.049% | $5.4M | $5.7M | 50x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.420 | +0.130% | — | — | 10x | as long as short |
| Aster DRAMUSDT | +0.0048% | 8h | 61.380 | +0.066% | $197K | $35K | 20x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 61.358 | +0.029% | $169K | $471K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.417 | +0.126% | $255K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.400 | +0.098% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.350 | +0.016% | $1.1M | $3.4M | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0076% | 1h | 61.430 | +0.147% | $13K | $3K | 20x | as long as short |
| Variational Omni DRAM | +0.0097% | 8h | 61.464 | +0.202% | $2.3M | $669K | — | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.432 | +0.149% | $74K | $46K | 10x | as long as short |
| KuCoin DRAMUSDTMlong | +0.0100% | 8h | 61.340 | long leg | $3.0M | $412K | 20x | |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.490 | +0.245% | $21K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.420 | +0.130% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.406 | +0.107% | $4K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0113% | 8h | 61.426 | +0.140% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0124% | 1h | 61.363 | +0.037% | $79.5M | $36.1M | 20x | as long as short |
| Lighter DRAM | +0.0144% | 1h | 61.362 | +0.036% | $1.1M | $1.1M | 20x | as long as short |
| Binance DRAMUSDT | +0.0150% | 8h | 61.360 | +0.033% | $43.9M | $87.0M | 50x | as long as short |
| Extended DRAM-USD | +0.0152% | 1h | 61.332 | −0.013% | $76K | $185K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0155% | 8h | 61.350 | +0.016% | $8.0M | $5.6M | 100x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0160% | 1h | 61.110 | −0.375% | $525K | $75K | 20x | as long as short |
| BloFin DRAM-USDT | +0.0175% | 8h | 61.420 | +0.130% | $299K | $26K | 20x | as long as short |
QFEX DRAM-USD
Arcus DRAM-USD
OKX DRAM-USDT-SWAP
Vest DRAM-USD-PERP
Aster DRAMUSDT
Entropy io:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
Deribit DRAM_USDC-PERPETUAL
Variational Omni DRAM
Pacifica DRAM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
Lighter DRAM
Binance DRAMUSDT
Extended DRAM-USD
MEXC DRAM_USDT
Coinbase International DRAM-PERP-INTX
BloFin DRAM-USDT