DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.18 per $10,000 · paid last 24h +0.037%

Price spread now: OKX against KuCoin+0.032%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$1031.026% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.064%−$6 on $10k

Price spread, last 7 days+0.036%+$4 · spread now +0.032%, 7d avg +0.046%

Together, before fees−0.028%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DRAMUSDTM	61.700	0.0100	pay 0.0100% / 8h	1h 48m	$3.0M	$476K	20x
Short	OKX DRAM-USDT-SWAP	61.720	0.0082	get 0.0082% / 8h	1h 48m	$5.4M	$4.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$3.76
Price spread: +0.032% → +0.046%: −$1.36
Slippage, 4 orders: −$80.63
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$107.75
Costs to cover: 1.026%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; OKX: 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, 4 min ago	1.62 bp	57.2 bp −$57	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.81 bp	8.2 bp −$8	14.8 bp −$148	79.1 bp −$7,911	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
Gate DRAM_USDT	0.0000%	8h	61.720	+0.032%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.720	+0.032%	$758	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.660	−0.065%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.720	+0.032%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0024%	4h	61.712	+0.020%	$153K	$289K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	61.660	−0.064%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.620	−0.130%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.674	−0.042%	$254K	$505K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.700	0.000%	$204K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.721	+0.034%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.640	−0.097%	$1.2M	$1.7M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	61.710	+0.016%	$1.0M	$77K	10x	as long as short
OKX DRAM-USDT-SWAPshort	+0.0082%	8h	61.720	+0.032%	$5.4M	$4.6M	50x
Aster DRAMUSDT	+0.0090%	8h	61.731	+0.050%	$198K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0091%	8h	61.730	+0.049%	$26.0M	$12.5M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.728	+0.046%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTMlong	+0.0100%	8h	61.700	long leg	$3.0M	$476K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	61.700	0.000%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.710	+0.016%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.732	+0.052%	$4K	—	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0138%	8h	61.721	+0.035%	$35K	$189K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0148%	8h	61.717	+0.027%	—	—	5x	as long as short
Bybit DRAMUSDT	+0.0167%	8h	61.759	+0.096%	$9.3M	$10.3M	100x	as long as short
Variational Omni DRAM	+0.0172%	8h	61.710	+0.016%	$2.4M	$969K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.194%	$510K	$44K	20x	as long as short
MEXC DRAM_USDT	+0.0221%	8h	61.720	+0.032%	$11.1M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0222%	8h	61.710	+0.016%	$43.7M	$82.7M	50x	as long as short
Extended DRAM-USD	+0.0224%	1h	61.711	+0.017%	$102K	$741K	10x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.720	+0.033%	$480K	$442K	20x	as long as short
BloFin DRAM-USDT	+0.0316%	8h	61.740	+0.065%	$294K	$27K	20x	as long as short
Lighter DRAM	+0.0320%	1h	61.725	+0.041%	$992K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0334%	1h	61.704	+0.006%	$79.2M	$39.8M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0399%	1h	61.710	+0.016%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.710	+0.016%	$50K	$92K	10x	as long as short