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−0.0673%/8h= −73.7% APRnext payment $6.73 per $10,000 · paid last 24h −0.052%
Price spread now: Bitget against MEXC+0.098%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$180.184% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.071%−$7 on $10k
Price spread, last 7 days−0.113%−$11 · spread now +0.098%, 7d avg +0.013%
Together, before fees−0.184%−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.086% dearer against MEXC than usual: you sell high and buy low (spread +0.098% now, against its 7-day average of +0.013%): +$9 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.071% in total) that is about 8.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.071% in total (about -3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $6.73 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
LongMEXC DRAM_USDT61.1200.0171pay 0.0171% / 8h2h 17m$8.0M$5.7M100x
ShortBitget DRAMUSDT61.180−0.0502pay 0.0502% / 8h2h 17m$25.9M$14.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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
−$141.33
Price spread: +0.098% → +0.013%
$8.56
Slippage, 4 orders
−$6.35
Fee MEXC: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$151.12
Costs to cover
0.184%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Bitget: live order book, 2 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 MEXC live order book, 1 min ago0.82 bp0.8 bp −$11.5 bp −$157.0 bp −$697doesn't fit
Sell Bitget live order book, 2 min ago0.82 bp8.4 bp −$814.9 bp −$14953.0 bp −$5,303109.6 bp −$54.8K

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
Bitget DRAMUSDTshort−0.0502%8h61.180+0.098%$25.9M$14.1M20x
RISEx DRAM/USDC0.0000%1h61.192+0.118%$424K$507K20xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.235+0.188%$36K$195K10xas long as short
SunX DRAM-USDT0.0000%8h61.200+0.131%$675$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.160+0.065%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.180+0.098%$1.7M$1.3M10xas long as short
Bybit DRAMUSDT+0.0004%8h61.180+0.098%$9.4M$10.2M100xas long as short
Aftermath Perps DRAMUSD+0.0025%1h61.156+0.059%$1K$31K5xas long as short
Gate DRAM_USDT+0.0026%8h61.220+0.164%$8.0M$3.7M75xas long as short
OKX DRAM-USDT-SWAP+0.0039%8h61.170+0.082%$5.4M$5.6M50xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus DRAM-USD+0.0040%1h61.170+0.082%$48K$69K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.180+0.098%10xas long as short
QFEX DRAM-USD+0.0050%1h61.210+0.147%$997K$84K10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.157+0.061%$254K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.160+0.065%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.160+0.065%$1.1M$3.3M10xas long as short
edgeX DRAMUSDC+0.0063%4h61.153+0.054%$148K$298K20xas long as short
Aster DRAMUSDT+0.0063%8h61.163+0.071%$197K$35K20xas long as short
Entropy io:DRAM+0.0071%1h61.157+0.061%$169K$470K25xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0077%1h61.150+0.049%$13K$3K20xas long as short
Pacifica DRAM+0.0100%1h61.184+0.104%$73K$49K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.130+0.016%$3.0M$409K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.220+0.164%$21K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.180+0.098%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.183+0.103%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0107%8h61.211+0.149%5xas long as short
Variational Omni DRAM+0.0110%8h61.134+0.023%$2.3M$675Kas long as short
tradeXYZ xyz:DRAM+0.0136%1h61.153+0.054%$79.2M$36.1M20xas long as short
BloFin DRAM-USDT+0.0152%8h61.200+0.131%$301K$26K20xas long as short
Extended DRAM-USD+0.0168%1h61.154+0.056%$76K$188K10xas long as short
Binance DRAMUSDT+0.0170%8h61.127+0.011%$43.7M$86.2M50xas long as short
MEXC DRAM_USDTlong+0.0171%8h61.120long leg$8.0M$5.7M100x
Coinbase International DRAM-PERP-INTX+0.0184%1h61.110−0.016%$525K$75K20xas long as short
Lighter DRAM+0.0240%1h61.151+0.051%$1.1M$1.2M20xas long as short