DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0130%/8h= +14.3% APRnext payment +$1.30 per $10,000 · paid last 24h +0.012%

Price spread now: Bybit against OKX+0.016%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$310.314% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 7 days−0.005%$0 · spread now +0.016%, 7d avg +0.016%

Together, before fees−0.025%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX DRAM-USDT-SWAP	60.780	0.0045	pay 0.0045% / 8h	7h 09m	$5.4M	$6.3M	50x
Short	Bybit DRAMUSDT	60.790	0.0176	get 0.0176% / 8h	7h 09m	$9.6M	$10.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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 OKXbpFee BybitbpOrdersPrice spread, now +0.016%Rate

Funding earned: $27.33
Price spread: +0.016% → +0.016%: $0.02
Slippage, 4 orders: −$10.43
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$4.08
Costs to cover: 0.314%
Break-even: 8.0 days

Slippage from OKX: live order book, 3 min ago; Bybit: live order book, 3 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	0.82 bp	8.3 bp −$8	13.0 bp −$130	65.4 bp −$6,541	doesn't fit
Sell Bybit live order book, 3 min ago	0.83 bp	7.6 bp −$8	15.2 bp −$152	101.0 bp −$10.1K	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
Bitget DRAMUSDT	−0.0453%	8h	60.770	−0.016%	$26.5M	$15.3M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.624	−0.256%	$194K	$26K	20x	as long as short
Extended DRAM-USD	0.0000%	1h	60.744	−0.059%	$76K	$257K	10x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.705	−0.124%	$417K	$337K	20x	as long as short
MEXC DRAM_USDT	0.0000%	8h	60.750	−0.049%	$8.7M	$5.6M	100x	as long as short
Variational Omni DRAM	0.0000%	8h	60.685	−0.156%	$2.1M	$727K	—	as long as short
SunX DRAM-USDT	0.0000%	8h	60.750	−0.049%	$771	$2.5M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.560	−0.362%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.740	−0.066%	$1.7M	$1.3M	10x	as long as short
Binance DRAMUSDT	+0.0001%	8h	60.770	−0.016%	$43.9M	$92.1M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX DRAMUSDC	+0.0034%	4h	60.538	−0.399%	$147K	$301K	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.690	−0.148%	$47K	$68K	10x	as long as short
Aftermath Perps DRAMUSD	+0.0042%	1h	60.528	−0.414%	$1K	$29K	5x	as long as short
OKX DRAM-USDT-SWAPlong	+0.0045%	8h	60.780	long leg	$5.4M	$6.3M	50x
Vest DRAM-USD-PERP	+0.0046%	1h	60.640	−0.230%	—	—	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0047%	8h	60.560	−0.362%	$36K	$212K	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.706	−0.122%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.630	−0.247%	$1.1M	$3.5M	10x	as long as short
QFEX DRAM-USD	+0.0053%	1h	60.710	−0.115%	$988K	$91K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0069%	1h	60.736	−0.072%	$252K	$1.3M	10x	as long as short
Entropy io:DRAM	+0.0075%	1h	60.718	−0.102%	$1.0M	$954K	25x	as long as short
Gate DRAM_USDT	+0.0081%	8h	60.770	−0.016%	$7.9M	$3.7M	75x	as long as short
Pacifica DRAM	+0.0100%	1h	60.660	−0.197%	$73K	$30K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.660	−0.197%	$3.0M	$401K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.440	−0.559%	$21K	$183K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.710	−0.115%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.698	−0.134%	$4K	—	10x	as long as short
BloFin DRAM-USDT	+0.0150%	8h	60.720	−0.099%	$298K	$26K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0174%	8h	60.717	−0.103%	—	—	5x	as long as short
Bybit DRAMUSDTshort	+0.0176%	8h	60.790	+0.016%	$9.6M	$10.6M	100x
tradeXYZ xyz:DRAM	+0.0213%	1h	60.756	−0.039%	$79.2M	$36.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0248%	1h	60.100	−1.119%	$527K	$87K	20x	as long as short
Lighter DRAM	+0.0320%	1h	60.772	−0.013%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0409%	1h	60.720	−0.099%	$12K	$3K	20x	as long as short