Funding you earn now, next payment 02:00 UTC−0.0493%/8h= −54.0% APRpaid last 24h −0.041%
Price spread now: Pacifica against MEXC−0.043%45s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Pacifica is 0.043% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 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 0.010% in total (about 0.5% a year). A funding rate is set anew for every payment. 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 | 0.0593 | pay 0.0593% / 8h | 6h 23m | $9.7M | $5.9M | 100x |
| Short | Pacifica DRAM | 62.213 | 0.0100 | get 0.0013% / 1h | 23m 48s | $76K | $44K | 10x |
MEXC DRAM_USDT
Pacifica DRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against MEXC. 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
- −$103.53
- Price spread: −0.043% → 0.000%
- −$4.32
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$115.85
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; Pacifica: no order-book sample. Net counts fees only.
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 | 1.5 bp −$15 | 7.1 bp −$709 | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
DRAM on 33 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 | 62.270 | +0.048% | $821 | $2.9M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.240 | 0.000% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.250 | +0.016% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0019% | 4h | 62.251 | +0.017% | $151K | $296K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0034% | 1h | 62.223 | −0.028% | $1K | $34K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.230 | −0.016% | $51K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.210 | −0.048% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0046% | 1h | 62.250 | +0.016% | $1.0M | $78K | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.246 | +0.010% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.239 | −0.002% | $2K | $15K | 20x | as long as short |
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Arcus DRAM-USD
Vest DRAM-USD-PERP
QFEX DRAM-USD
Polymarket Perps DRAM-USD
SoDEX DRAM-USDShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.210 | −0.048% | $1.1M | $1.9M | 10x | as long as short |
| Entropy io:DRAM | +0.0056% | 1h | 62.196 | −0.071% | $253K | $430K | 25x | as long as short |
| Pacifica DRAMshort | +0.0100% | 1h | 62.213 | −0.043% | $76K | $44K | 10x | |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.240 | 0.000% | $3.0M | $404K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.190 | −0.080% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.260 | +0.032% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.263 | +0.038% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.130 | −0.177% | $534K | $93K | 20x | as long as short |
| Lighter DRAM | +0.0160% | 1h | 62.231 | −0.014% | $966K | $1.0M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0180% | 8h | 62.255 | +0.024% | — | — | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0228% | 8h | 62.250 | +0.016% | $5.5M | $4.5M | 50x | as long as short |
| tradeXYZ xyz:DRAM | +0.0235% | 1h | 62.228 | −0.019% | $81.9M | $36.7M | 20x | as long as short |
| Bitget DRAMUSDT | +0.0279% | 8h | 62.250 | +0.016% | $26.0M | $12.9M | 20x | as long as short |
| Bybit DRAMUSDT | +0.0348% | 8h | 62.270 | +0.048% | $9.6M | $10.1M | 100x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0427% | 8h | 62.258 | +0.028% | $37K | $154K | 10x | as long as short |
| Aster DRAMUSDT | +0.0468% | 8h | 62.259 | +0.030% | $200K | $36K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0554% | 1h | 62.230 | −0.016% | $13K | $3K | 20x | as long as short |
| Variational Omni DRAM | +0.0556% | 8h | 62.285 | +0.072% | $2.4M | $756K | — | as long as short |
| Gate DRAM_USDT | +0.0568% | 8h | 62.290 | +0.080% | $8.2M | $3.5M | 75x | as long as short |
| Extended DRAM-USD | +0.0592% | 1h | 62.234 | −0.010% | $75K | $669K | 10x | as long as short |
| MEXC DRAM_USDTlong | +0.0593% | 8h | 62.240 | long leg | $9.7M | $5.9M | 100x | |
| Binance DRAMUSDT | +0.0593% | 8h | 62.240 | 0.000% | $44.7M | $82.0M | 50x | as long as short |
| RISEx DRAM/USDC | +0.0835% | 1h | 62.258 | +0.029% | $448K | $504K | 20x | as long as short |
Ondo Perps DRAM-USD.P
Entropy io:DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Coinbase International DRAM-PERP-INTX
Lighter DRAM
Paradex DRAM-USD-PERP
OKX DRAM-USDT-SWAP
tradeXYZ xyz:DRAM
Bitget DRAMUSDT
Bybit DRAMUSDT
GRVT DRAM_USDT_Perp
Aster DRAMUSDT
Deribit DRAM_USDC-PERPETUAL
Variational Omni DRAM
Gate DRAM_USDT
Extended DRAM-USD
Binance DRAMUSDT
RISEx DRAM/USDC