DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0276%/8h= −30.2% APRnext payment −$2.76 per $10,000 · paid last 24h −0.027%

Price spread now: OKX against MEXC+0.048%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$170.175% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.053%−$5 on $10k

Price spread, last 7 days−0.045%−$5 · spread now +0.048%, 7d avg +0.005%

Together, before fees−0.098%−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.044% dearer against MEXC than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of +0.005%): +$4 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.053% in total) that is about 5.8 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.053% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.76 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	62.430	0.0383	pay 0.0383% / 8h	4h 18m	$8.9M	$5.5M	100x
Short	OKX DRAM-USDT-SWAP	62.460	0.0107	get 0.0107% / 8h	4h 18m	$5.5M	$4.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$57.99
Price spread: +0.048% → +0.005%: $4.35
Slippage, 4 orders: −$7.47
Fee MEXC: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$71.1
Costs to cover: 0.175%
Break-even: never at this rate

Slippage from MEXC: 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 MEXC live order book, 4 min ago	0.80 bp	0.8 bp −$1	1.6 bp −$16	6.3 bp −$634	20.1 bp −$10.0K
Sell OKX live order book, 4 min ago	0.80 bp	8.5 bp −$8	16.0 bp −$160	doesn't fit	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
RISEx DRAM/USDC	0.0000%	1h	62.447	+0.027%	$442K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.460	+0.048%	$668	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.430	0.000%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.450	+0.032%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0005%	4h	62.476	+0.073%	$151K	$297K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0020%	1h	62.438	+0.012%	$1K	$32K	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0024%	8h	62.480	+0.080%	$36K	$172K	10x	as long as short
Lighter DRAM	+0.0032%	1h	62.432	+0.003%	$971K	$1.0M	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.450	+0.032%	$49K	$78K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.430	0.000%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DRAM-USD	+0.0050%	1h	62.423	−0.011%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.432	+0.003%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.450	+0.032%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.430	0.000%	$1.0M	$78K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0070%	1h	62.440	+0.016%	$13K	$3K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0075%	1h	62.416	−0.022%	$81.8M	$35.4M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0083%	8h	62.443	+0.021%	—	—	5x	as long as short
Bitget DRAMUSDT	+0.0096%	8h	62.430	0.000%	$26.3M	$13.3M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.441	+0.018%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.450	+0.032%	$3.0M	$393K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.490	+0.096%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.470	+0.064%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.456	+0.042%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAPshort	+0.0107%	8h	62.460	+0.048%	$5.5M	$4.5M	50x
Bybit DRAMUSDT	+0.0149%	8h	62.470	+0.064%	$9.7M	$9.7M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.160%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0158%	1h	62.436	+0.010%	$183K	$441K	25x	as long as short
Aster DRAMUSDT	+0.0265%	8h	62.439	+0.015%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0343%	8h	62.503	+0.118%	$2.4M	$747K	—	as long as short
Binance DRAMUSDT	+0.0379%	8h	62.437	+0.012%	$44.9M	$80.1M	50x	as long as short
MEXC DRAM_USDTlong	+0.0383%	8h	62.430	long leg	$8.9M	$5.5M	100x
Extended DRAM-USD	+0.0384%	1h	62.427	−0.005%	$76K	$622K	10x	as long as short
BloFin DRAM-USDT	+0.0438%	8h	62.460	+0.048%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0637%	8h	62.480	+0.080%	$8.2M	$3.5M	75x	as long as short