Funding you earn now, next payment 08:00 UTC+0.0181%/8h= +19.8% APRnext payment +$1.81 per $10,000 · paid last 24h +0.027%
Price spread now: Binance against OKX−0.050%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$270.273% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 7 days+0.056%+$6 · spread now −0.050%, 7d avg +0.004%
=Funding pays, the price is against you. Binance is 0.054% cheaper against OKX than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of +0.004%). If the spread goes back, that is −$5 on $10k: about 24 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.053% in total) that is about 7.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DRAM-USDT-SWAP | 61.480 | 0.0051 | pay 0.0051% / 8h | 2h 59m | $5.4M | $4.7M | 50x |
| Short | Binance DRAMUSDT | 61.449 | 0.0232 | get 0.0232% / 8h | 2h 59m | $44.0M | $82.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $37.94
- Price spread: −0.050% → +0.004%
- −$5.41
- Slippage, 4 orders
- −$7.26
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $5.28
- Costs to cover
- 0.273%
- Break-even
- 6.0 days
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 13 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 OKX live order book, 3 min ago | 0.81 bp | 7.6 bp −$8 | 14.3 bp −$143 | 120.2 bp −$12.0K | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.81 bp | 5.8 bp −$6 | 8.1 bp −$81 | 37.0 bp −$3,702 | 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 | 61.505 | +0.041% | $433K | $501K | 20x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 61.480 | 0.000% | $25.9M | $13.8M | 20x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.601 | +0.196% | $37K | $189K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.490 | +0.016% | $924 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.510 | +0.049% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.480 | 0.000% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0007% | 4h | 61.583 | +0.168% | $149K | $299K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0024% | 1h | 61.520 | +0.064% | $1K | $31K | 5x | as long as short |
| QFEX DRAM-USD | +0.0036% | 1h | 61.510 | +0.049% | $1.0M | $84K | 10x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.510 | +0.049% | $48K | $77K | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.480 | 0.000% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.486 | +0.010% | $258K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.487 | +0.011% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.450 | −0.049% | $1.1M | $2.5M | 10x | as long as short |
| OKX DRAM-USDT-SWAPlong | +0.0051% | 8h | 61.480 | long leg | $5.4M | $4.7M | 50x | |
| Bybit DRAMUSDT | +0.0059% | 8h | 61.471 | −0.015% | $9.5M | $10.0M | 100x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.487 | +0.012% | $74K | $49K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.450 | −0.049% | $3.0M | $399K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.540 | +0.098% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.510 | +0.049% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.488 | +0.014% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0104% | 1h | 61.510 | +0.049% | $528K | $74K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0108% | 8h | 61.488 | +0.013% | — | — | 5x | as long as short |
| Aster DRAMUSDT | +0.0118% | 8h | 61.494 | +0.023% | $198K | $35K | 20x | as long as short |
| Variational Omni DRAM | +0.0175% | 8h | 61.464 | −0.026% | $2.4M | $618K | — | as long as short |
| Lighter DRAM | +0.0200% | 1h | 61.508 | +0.046% | $1.1M | $1.2M | 20x | as long as short |
| BloFin DRAM-USDT | +0.0207% | 8h | 61.530 | +0.081% | $299K | $26K | 20x | as long as short |
| Extended DRAM-USD | +0.0232% | 1h | 61.440 | −0.066% | $75K | $239K | 10x | as long as short |
| Binance DRAMUSDTshort | +0.0232% | 8h | 61.449 | −0.050% | $44.0M | $82.7M | 50x | |
| MEXC DRAM_USDT | +0.0233% | 8h | 61.440 | −0.065% | $9.0M | $5.7M | 100x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0238% | 1h | 61.490 | +0.016% | $13K | $3K | 20x | as long as short |
| Gate DRAM_USDT | +0.0303% | 8h | 61.510 | +0.049% | $8.1M | $3.6M | 75x | as long as short |
| Entropy io:DRAM | +0.0449% | 1h | 61.465 | −0.024% | $169K | $465K | 25x | as long as short |
| tradeXYZ xyz:DRAM | +0.0699% | 1h | 61.485 | +0.008% | $80.0M | $35.7M | 20x | as long as short |
OKX DRAM-USDT-SWAP
Binance DRAMUSDT
RISEx DRAM/USDC
Bitget DRAMUSDT
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Bybit DRAMUSDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Coinbase International DRAM-PERP-INTX
Paradex DRAM-USD-PERP
Aster DRAMUSDT
Variational Omni DRAM
Lighter DRAM
BloFin DRAM-USDT
Extended DRAM-USD
MEXC DRAM_USDT
Deribit DRAM_USDC-PERPETUAL
Gate DRAM_USDT
tradeXYZ xyz:DRAM