DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0339%/8h= +37.1% APRnext payment +$3.39 per $10,000 · paid last 24h +0.027%

Price spread now: BloFin against MEXC+0.225%244s7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$200.202% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 3 days (all we have)−0.228%−$23 · spread now +0.225%, 7d avg +0.009%

Together, before fees−0.229%−$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BloFin is 0.216% dearer against MEXC than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.009%. The two prices were read 244 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.001% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.39 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	MEXC DRAM_USDT	62.240	0.0612	pay 0.0612% / 8h	6h 45m	$9.7M	$5.9M	100x
Short	BloFin DRAM-USDT	62.380	0.0951	get 0.0951% / 8h	6h 45m	$301K	$26K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee MEXCbpFee BloFinbpOrdersPrice spread, now +0.225%Rate

Funding earned: $71.23
Price spread: +0.225% → +0.009%: $21.59
Slippage, 4 orders: −$8.23
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $72.59
Costs to cover: 0.202%
Break-even: from the start

Slippage from MEXC: live order book, 8 min ago; BloFin: live order book, 17 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 MEXC live order book, 8 min ago	0.80 bp	0.8 bp −$1	1.3 bp −$13	6.7 bp −$673	35.1 bp −$17.6K
Sell BloFin live order book, 17 min ago	1.60 bp	7.9 bp −$8	9.6 bp −$96	35.4 bp −$3,541	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
SunX DRAM-USDT	0.0000%	8h	62.240	0.000%	$690	$2.9M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.320	+0.129%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.240	0.000%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.261	+0.034%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.280	+0.064%	$50K	$82K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.220	−0.032%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.230	−0.016%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	62.248	+0.013%	$253K	$444K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.220	−0.032%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.235	−0.008%	$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	62.220	−0.032%	$1.1M	$1.8M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0071%	1h	62.230	−0.016%	$13K	$3K	20x	as long as short
edgeX DRAMUSDC	+0.0096%	4h	62.271	+0.050%	$151K	$297K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.231	−0.014%	$76K	$42K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.230	−0.016%	$3.0M	$407K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.240	0.000%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.270	+0.048%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.260	+0.032%	$4K	—	10x	as long as short
Lighter DRAM	+0.0144%	1h	62.235	−0.008%	$967K	$1.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.390	+0.241%	$540K	$90K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0197%	8h	62.249	+0.015%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0217%	1h	62.233	−0.011%	$81.9M	$37.3M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0229%	8h	62.250	+0.016%	$5.5M	$4.7M	50x	as long as short
Bybit DRAMUSDT	+0.0375%	8h	62.270	+0.048%	$9.6M	$10.2M	100x	as long as short
Bitget DRAMUSDT	+0.0469%	8h	62.240	0.000%	$26.1M	$12.7M	20x	as long as short
Aster DRAMUSDT	+0.0485%	8h	62.264	+0.039%	$200K	$36K	20x	as long as short
Variational Omni DRAM	+0.0573%	8h	62.275	+0.057%	$2.4M	$757K	—	as long as short
MEXC DRAM_USDTlong	+0.0612%	8h	62.240	long leg	$9.7M	$5.9M	100x
Binance DRAMUSDT	+0.0612%	8h	62.236	−0.006%	$44.7M	$82.0M	50x	as long as short
Extended DRAM-USD	+0.0616%	1h	62.231	−0.015%	$75K	$663K	10x	as long as short
Gate DRAM_USDT	+0.0671%	8h	62.260	+0.032%	$8.2M	$3.4M	75x	as long as short
GRVT DRAM_USDT_Perp	+0.0699%	8h	62.329	+0.143%	$37K	$152K	10x	as long as short
RISEx DRAM/USDC	+0.0835%	1h	62.250	+0.016%	$450K	$503K	20x	as long as short
BloFin DRAM-USDTshort	+0.0951%	8h	62.380	+0.225%	$301K	$26K	20x