Funding you earn now, next payment 08:00 UTC−0.0060%/8h= −6.5% APRpaid last 24h −0.014%
Price spread now: QFEX against KuCoin+0.033%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$780.781% of the position
Funding, last 4 days (all we have)−0.065%−$6 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now +0.033%, 7d avg −0.002%
=The price spread pays, funding is against you. QFEX is 0.035% dearer against KuCoin than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of −0.002%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 47 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DRAMUSDTM | 60.870 | 0.0100 | pay 0.0100% / 8h | 16m 07s | $3.0M | $421K | 20x |
| Short | QFEX DRAM-USD | 60.890 | 0.0040 | get 0.0005% / 1h | 16m 07s | $992K | $84K | 10x |
KuCoin DRAMUSDTM
QFEX DRAM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$12.53
- Price spread: +0.033% → −0.002%
- $3.51
- Slippage, 4 orders
- −$56.1
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$87.13
- Costs to cover
- 0.781%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 min ago; QFEX: live order book, 64 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, 11 min ago | 1.64 bp | 34.9 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 64 min ago | 2.45 bp | 7.5 bp −$7 | 7.5 bp −$75 | 13.3 bp −$1,327 | 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 | −0.0763% | 8h | 60.930 | +0.099% | $26.6M | $15.2M | 20x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.889 | +0.031% | $195K | $38K | 20x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.895 | +0.041% | $422K | $340K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 60.930 | +0.099% | $8.0M | $3.8M | 75x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.894 | +0.040% | $2.3M | $597K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.931 | +0.100% | $36K | $207K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.890 | +0.033% | $707 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.860 | −0.016% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.870 | 0.000% | $1.7M | $1.3M | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0013% | 8h | 60.890 | +0.033% | $5.4M | $6.0M | 50x | as long as short |
Bitget DRAMUSDT
Aster DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
Variational Omni DRAM
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
OKX DRAM-USDT-SWAPShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DRAMUSDT | +0.0023% | 8h | 60.915 | +0.074% | $9.6M | $10.4M | 100x | as long as short |
| Extended DRAM-USD | +0.0024% | 1h | 60.859 | −0.019% | $74K | $201K | 10x | as long as short |
| Binance DRAMUSDT | +0.0024% | 8h | 60.872 | +0.003% | $43.8M | $89.1M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0025% | 8h | 60.860 | −0.016% | $8.4M | $5.7M | 100x | as long as short |
| Aftermath Perps DRAMUSD | +0.0039% | 1h | 60.888 | +0.029% | $1K | $29K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.870 | 0.000% | $47K | $67K | 10x | as long as short |
| QFEX DRAM-USDshort | +0.0040% | 1h | 60.890 | +0.033% | $992K | $84K | 10x | |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.880 | +0.016% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.857 | −0.021% | $179K | $480K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.870 | 0.000% | $253K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.875 | +0.008% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.880 | +0.016% | $1.1M | $3.5M | 10x | as long as short |
| BloFin DRAM-USDT | +0.0057% | 8h | 60.920 | +0.082% | $299K | $26K | 20x | as long as short |
| edgeX DRAMUSDC | +0.0097% | 4h | 60.925 | +0.090% | $148K | $299K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.908 | +0.062% | $73K | $34K | 10x | as long as short |
| KuCoin DRAMUSDTMlong | +0.0100% | 8h | 60.870 | long leg | $3.0M | $421K | 20x | |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.870 | 0.000% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.880 | +0.016% | $8K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0103% | 8h | 60.886 | +0.027% | — | — | 5x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.868 | −0.003% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0176% | 1h | 60.940 | +0.115% | $523K | $75K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0192% | 1h | 60.870 | 0.000% | $78.8M | $35.9M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0243% | 1h | 60.870 | 0.000% | $13K | $3K | 20x | as long as short |
| Lighter DRAM | +0.0368% | 1h | 60.891 | +0.034% | $1.1M | $1.2M | 20x | as long as short |
Bybit DRAMUSDT
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
Vest DRAM-USD-PERP
Entropy io:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
BloFin DRAM-USDT
edgeX DRAMUSDC
Pacifica DRAM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Paradex DRAM-USD-PERP
Aevo DRAM-PERP
Coinbase International DRAM-PERP-INTX
tradeXYZ xyz:DRAM
Deribit DRAM_USDC-PERPETUAL
Lighter DRAM