DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0366%/8h= +40.1% APRnext payment +$3.66 per $10,000 · paid last 24h +0.037%

Price spread now: Gate against KuCoin+0.081%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$108as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$950.955% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.130%−$13 on $10k

Price spread, last 7 days−0.036%−$4 · spread now +0.081%, 7d avg +0.053%

Together, before fees−0.166%−$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Gate is 0.028% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.053%. Mind the row above: over the last 7 days funding on this pair cost −0.130%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.130% in total (about -6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.66 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DRAMUSDTM	61.940	0.0100	pay 0.0100% / 8h	3h 29m	$3.0M	$397K	20x
Short	Gate DRAM_USDT	61.990	0.0466	get 0.0466% / 8h	3h 29m	$8.1M	$3.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee KuCoinbpFee GatebpOrdersPrice spread, now +0.081%Rate

Funding earned: $76.86
Price spread: +0.081% → +0.053%: $2.81
Slippage, 4 orders: −$68.48
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$15.81
Costs to cover: 0.955%
Break-even: 8.4 days

Slippage from KuCoin: live order book, 3 min ago; Gate: live order book, 4 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	36.8 bp −$37	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	1.61 bp	19.2 bp −$19	26.0 bp −$260	32.6 bp −$3,257	61.2 bp −$30.6K

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	61.953	+0.022%	$436K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.980	+0.065%	$26.1M	$13.6M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.003	+0.102%	$36K	$186K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.020	+0.129%	$642	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.910	−0.048%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.970	+0.048%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0018%	4h	61.970	+0.049%	$150K	$299K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0022%	1h	61.944	+0.007%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.970	+0.048%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.930	−0.016%	$48K	$77K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.930	−0.016%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.924	−0.026%	$165K	$454K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.941	+0.002%	$260K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.957	+0.027%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.920	−0.032%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0065%	8h	61.990	+0.081%	$5.4M	$4.6M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0085%	8h	61.929	−0.018%	—	—	5x	as long as short
Bybit DRAMUSDT	+0.0088%	8h	61.983	+0.069%	$9.6M	$9.8M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.967	+0.043%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTMlong	+0.0100%	8h	61.940	long leg	$3.0M	$397K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	61.950	+0.016%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.960	+0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.969	+0.046%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.274%	$533K	$75K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0134%	1h	61.946	+0.010%	$80.7M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0165%	8h	61.943	+0.005%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0192%	1h	61.968	+0.045%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0226%	8h	61.974	+0.055%	$2.4M	$739K	—	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0234%	1h	61.950	+0.016%	$13K	$3K	20x	as long as short
BloFin DRAM-USDT	+0.0260%	8h	61.960	+0.032%	$300K	$26K	20x	as long as short
Extended DRAM-USD	+0.0280%	1h	61.929	−0.017%	$76K	$601K	10x	as long as short
Binance DRAMUSDT	+0.0281%	8h	61.947	+0.011%	$44.5M	$81.1M	50x	as long as short
MEXC DRAM_USDT	+0.0282%	8h	61.950	+0.016%	$8.2M	$5.6M	100x	as long as short
Gate DRAM_USDTshort	+0.0466%	8h	61.990	+0.081%	$8.1M	$3.5M	75x