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+0.0206%/8h= +22.6% APRnext payment +$2.06 per $10,000 · paid last 24h +0.041%
Price spread now: MEXC against KuCoin+0.032%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$750.745% 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 7 days+0.004%$0 · spread now +0.032%, 7d avg +0.039%
Together, before fees−0.006%−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.010% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.06 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DRAMUSDTM62.0400.0100pay 0.0100% / 8h3h 46m$3.0M$395K20x
ShortMEXC DRAM_USDT62.0600.0306get 0.0306% / 8h3h 46m$8.2M$5.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$43.26
Price spread: +0.032% → +0.039%
−$0.71
Slippage, 4 orders
−$62.54
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$31.99
Costs to cover
0.745%
Break-even
12.2 days
Slippage from KuCoin: live order book, 6 min ago; MEXC: live order book, 1 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, 6 min ago0.81 bp42.4 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago0.81 bp1.9 bp −$22.4 bp −$246.6 bp −$659doesn'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%1h62.063+0.038%$437K$501K20xas long as short
Bitget DRAMUSDT0.0000%8h62.090+0.081%$26.0M$13.4M20xas long as short
GRVT DRAM_USDT_Perp0.0000%8h62.110+0.113%$36K$180K10xas long as short
SunX DRAM-USDT0.0000%8h62.070+0.048%$882$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h62.060+0.032%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.060+0.032%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0020%1h62.086+0.074%$1K$32K5xas long as short
QFEX DRAM-USD+0.0036%1h62.050+0.016%$1.0M$78K10xas long as short
Arcus DRAM-USD+0.0040%1h62.070+0.048%$48K$77K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.020−0.032%10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:DRAM+0.0050%1h62.068+0.045%$159K$452K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.038−0.003%$265K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.065+0.040%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.000−0.064%$1.1M$2.3M10xas long as short
edgeX DRAMUSDC+0.0059%4h62.085+0.073%$150K$299K20xas long as short
OKX DRAM-USDT-SWAP+0.0070%8h62.080+0.064%$5.4M$4.5M50xas long as short
Paradex DRAM-USD-PERP+0.0080%8h62.065+0.040%5xas long as short
Pacifica DRAM+0.0100%1h62.077+0.059%$76K$44K10xas long as short
KuCoin DRAMUSDTMlong+0.0100%8h62.040long leg$3.0M$395K20x
ApeX Omni DRAMUSDT+0.0100%1h62.080+0.064%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.080+0.064%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.080+0.065%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0104%1h62.110+0.113%$533K$75K20xas long as short
Bybit DRAMUSDT+0.0108%8h62.100+0.097%$9.7M$9.7M100xas long as short
Lighter DRAM+0.0112%1h62.067+0.044%$1.0M$1.2M20xas long as short
tradeXYZ xyz:DRAM+0.0139%1h62.036−0.006%$81.2M$35.5M20xas long as short
Aster DRAMUSDT+0.0189%8h62.083+0.069%$200K$35K20xas long as short
Variational Omni DRAM+0.0261%8h62.144+0.168%$2.4M$748Kas long as short
BloFin DRAM-USDT+0.0282%8h62.090+0.081%$300K$26K20xas long as short
Extended DRAM-USD+0.0304%1h62.052+0.020%$76K$662K10xas long as short
Binance DRAMUSDT+0.0306%8h62.060+0.032%$44.5M$80.5M50xas long as short
MEXC DRAM_USDTshort+0.0306%8h62.060+0.032%$8.2M$5.5M100x
Deribit DRAM_USDC-PERPETUAL+0.0395%1h62.070+0.048%$13K$3K20xas long as short
Gate DRAM_USDT+0.0559%8h62.090+0.081%$8.1M$3.5M75xas long as short