Funding you earn now, next payment 08:00 UTC+0.0233%/8h= +25.5% APRnext payment +$2.33 per $10,000 · paid last 24h +0.022%
Price spread now: Gate against OKX+0.016%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$450.447% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 7 days+0.005%$0 · spread now +0.016%, 7d avg +0.009%
=The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.068% in total (about -3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.33 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 | OKX DRAM-USDT-SWAP | 61.640 | 0.0056 | pay 0.0056% / 8h | 2h 57m | $5.4M | $4.7M | 50x |
| Short | Gate DRAM_USDT | 61.650 | 0.0289 | get 0.0289% / 8h | 2h 57m | $8.1M | $3.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $48.93
- Price spread: +0.016% → +0.009%
- $0.73
- Slippage, 4 orders
- −$19.7
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $4.96
- Costs to cover
- 0.447%
- Break-even
- 6.3 days
Slippage from OKX: live order book, 5 min ago; Gate: live order book, 1 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, 5 min ago | 0.81 bp | 7.6 bp −$8 | 14.3 bp −$143 | 120.2 bp −$12.0K | doesn't fit |
| Sell Gate live order book, 1 min ago | 1.62 bp | 15.6 bp −$16 | 25.7 bp −$257 | 29.9 bp −$2,986 | 60.1 bp −$30.1K |
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 | 61.580 | −0.097% | $433K | $501K | 20x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 61.630 | −0.016% | $26.0M | $13.8M | 20x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.490 | −0.243% | $36K | $190K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.620 | −0.032% | $954 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.490 | −0.243% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.620 | −0.032% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0024% | 1h | 61.520 | −0.195% | $1K | $31K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.500 | −0.227% | $48K | $77K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.530 | −0.178% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0050% | 1h | 61.570 | −0.114% | $1.0M | $84K | 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 | 61.572 | −0.110% | $258K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.560 | −0.130% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.490 | −0.243% | $1.1M | $2.5M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0056% | 4h | 61.479 | −0.262% | $149K | $299K | 20x | as long as short |
| OKX DRAM-USDT-SWAPlong | +0.0056% | 8h | 61.640 | long leg | $5.4M | $4.7M | 50x | |
| Bybit DRAMUSDT | +0.0063% | 8h | 61.647 | +0.011% | $9.5M | $10.0M | 100x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.532 | −0.176% | $74K | $49K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.570 | −0.114% | $3.0M | $400K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.510 | −0.211% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.600 | −0.065% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.607 | −0.054% | $4K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0109% | 8h | 61.557 | −0.135% | — | — | 5x | as long as short |
| Aster DRAMUSDT | +0.0115% | 8h | 61.599 | −0.066% | $198K | $35K | 20x | as long as short |
| Entropy io:DRAM | +0.0142% | 1h | 61.504 | −0.221% | $170K | $466K | 25x | as long as short |
| Variational Omni DRAM | +0.0175% | 8h | 61.464 | −0.285% | $2.4M | $618K | — | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 61.510 | −0.211% | $528K | $74K | 20x | as long as short |
| BloFin DRAM-USDT | +0.0204% | 8h | 61.560 | −0.130% | $301K | $26K | 20x | as long as short |
| MEXC DRAM_USDT | +0.0228% | 8h | 61.620 | −0.032% | $9.0M | $5.5M | 100x | as long as short |
| Binance DRAMUSDT | +0.0228% | 8h | 61.628 | −0.019% | $44.1M | $83.0M | 50x | as long as short |
| Extended DRAM-USD | +0.0232% | 1h | 61.606 | −0.055% | $74K | $241K | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0248% | 1h | 61.573 | −0.109% | $80.1M | $35.7M | 20x | as long as short |
| Lighter DRAM | +0.0264% | 1h | 61.613 | −0.044% | $1.1M | $1.2M | 20x | as long as short |
| Gate DRAM_USDTshort | +0.0289% | 8h | 61.650 | +0.016% | $8.1M | $3.6M | 75x | |
| Deribit DRAM_USDC-PERPETUAL | +0.0562% | 1h | 61.610 | −0.049% | $13K | $3K | 20x | as long as short |
OKX DRAM-USDT-SWAP
Gate DRAM_USDT
RISEx DRAM/USDC
Bitget DRAMUSDT
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
edgeX DRAMUSDC
Bybit DRAMUSDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Paradex DRAM-USD-PERP
Aster DRAMUSDT
Variational Omni DRAM
Coinbase International DRAM-PERP-INTX
BloFin DRAM-USDT
MEXC DRAM_USDT
Binance DRAMUSDT
Extended DRAM-USD
tradeXYZ xyz:DRAM
Lighter DRAM
Deribit DRAM_USDC-PERPETUAL