Funding you earn now, next payment 11:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.022%
Price spread now: Extended against KuCoin+0.048%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$840.836% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.048%, 7d avg +0.006%
=Together, before fees−0.068%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Extended is 0.042% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.006%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.002% in total (about -0.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DRAMUSDTM | 61.400 | 0.0100 | pay 0.0100% / 8h | 5h 52m | $3.0M | $417K | 20x |
| Short | Extended DRAM-USD | 61.430 | 0.0320 | get 0.0040% / 1h | 52m 37s | $100K | $298K | 10x |
KuCoin DRAMUSDTM
Extended DRAM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $46.2
- Price spread: +0.048% → +0.006%
- $4.25
- Slippage, 4 orders
- −$66.63
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$33.19
- Costs to cover
- 0.836%
- Break-even
- 12.0 days
Slippage from KuCoin: live order book, 3 min ago; Extended: live order book, 57 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, 3 min ago | 0.81 bp | 55.7 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 57 min ago | 0.90 bp | 3.7 bp −$4 | 7.1 bp −$71 | doesn't fit | doesn't fit |
DRAM on 34 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit DRAMUSDT | 0.0000% | 8h | 61.480 | +0.130% | $9.6M | $11.2M | 100x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 61.470 | +0.114% | $26.8M | $17.0M | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.480 | +0.130% | $689 | $2.4M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.410 | +0.016% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.470 | +0.114% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0030% | 1h | 61.349 | −0.084% | $1K | $26K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.400 | 0.000% | $60K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.460 | +0.098% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.462 | +0.101% | $256K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.483 | +0.135% | $2K | $15K | 20x | as long as short |
Bybit DRAMUSDT
Bitget DRAMUSDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USD
SoDEX DRAM-USDShow all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.420 | +0.033% | $1.1M | $3.6M | 10x | as long as short |
| QFEX DRAM-USD | +0.0057% | 1h | 61.330 | −0.114% | $1.0M | $98K | 10x | as long as short |
| edgeX DRAMUSDC | +0.0062% | 4h | 61.351 | −0.079% | $149K | $298K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0076% | 1h | 61.460 | +0.098% | $13K | $3K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.468 | +0.111% | $74K | $30K | 10x | as long as short |
| KuCoin DRAMUSDTMlong | +0.0100% | 8h | 61.400 | long leg | $3.0M | $417K | 20x | |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.480 | +0.130% | $21K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.470 | +0.114% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.487 | +0.142% | $4K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0131% | 8h | 61.479 | +0.129% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0131% | 1h | 61.444 | +0.072% | $79.8M | $38.3M | 20x | as long as short |
| Gate DRAM_USDT | +0.0133% | 8h | 61.480 | +0.130% | $8.0M | $3.7M | 75x | as long as short |
| Lighter DRAM | +0.0136% | 1h | 61.455 | +0.090% | $1.1M | $1.4M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0173% | 8h | 61.450 | +0.081% | $5.5M | $6.7M | 50x | as long as short |
| Aster DRAMUSDT | +0.0227% | 8h | 61.374 | −0.042% | $196K | $28K | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0232% | 1h | 61.330 | −0.114% | $537K | $91K | 20x | as long as short |
| Variational Omni DRAM | +0.0250% | 8h | 61.369 | −0.050% | $2.2M | $688K | — | as long as short |
| BloFin DRAM-USDT | +0.0311% | 8h | 61.500 | +0.163% | $305K | $27K | 20x | as long as short |
| MEXC DRAM_USDT | +0.0319% | 8h | 61.450 | +0.081% | $9.0M | $5.4M | 100x | as long as short |
| Extended DRAM-USDshort | +0.0320% | 1h | 61.430 | +0.048% | $100K | $298K | 10x | |
| Binance DRAMUSDT | +0.0326% | 8h | 61.460 | +0.098% | $44.6M | $97.6M | 50x | as long as short |
| Entropy io:DRAM | +0.0484% | 1h | 61.476 | +0.124% | $326K | $1.7M | 25x | as long as short |
| RISEx DRAM/USDC | +0.0600% | 1h | 61.446 | +0.076% | $462K | $370K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0764% | 8h | 61.460 | +0.098% | $37K | $220K | 10x | as long as short |
Ondo Perps DRAM-USD.P
QFEX DRAM-USD
edgeX DRAMUSDC
Deribit DRAM_USDC-PERPETUAL
Pacifica DRAM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
Gate DRAM_USDT
Lighter DRAM
OKX DRAM-USDT-SWAP
Aster DRAMUSDT
Coinbase International DRAM-PERP-INTX
Variational Omni DRAM
BloFin DRAM-USDT
MEXC DRAM_USDT
Binance DRAMUSDT
Entropy io:DRAM
RISEx DRAM/USDC
GRVT DRAM_USDT_Perp