DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.19 per $10,000 · paid last 24h −0.037%

Price spread now: KuCoin against OKX−0.032%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$690.693% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.064%+$6 on $10k

Price spread, last 7 days−0.036%−$4 · spread now −0.032%, 7d avg −0.046%

Together, before fees+0.028%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.064%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX DRAM-USDT-SWAP	61.790	0.0119	pay 0.0119% / 8h	1h 05m	$5.4M	$4.6M	50x
Short	KuCoin DRAMUSDTM	61.770	0.0100	get 0.0100% / 8h	1h 05m	$3.0M	$477K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.032%Rate

Funding earned: −$3.99
Price spread: −0.032% → −0.046%: $1.36
Slippage, 4 orders: −$47.31
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$71.94
Costs to cover: 0.693%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 2 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, 2 min ago	0.81 bp	9.8 bp −$10	15.9 bp −$159	77.6 bp −$7,756	doesn't fit
Sell KuCoin live order book, 2 min ago	0.81 bp	21.4 bp −$21	doesn't fit	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
Gate DRAM_USDT	0.0000%	8h	61.800	+0.016%	$8.3M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.780	−0.016%	$1K	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.760	−0.049%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.780	−0.016%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	0.0000%	4h	61.763	−0.044%	$153K	$289K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	61.772	−0.030%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.740	−0.081%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.718	−0.117%	$260K	$505K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.751	−0.063%	$210K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.778	−0.019%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.730	−0.097%	$1.2M	$1.7M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	61.780	−0.016%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.737	−0.085%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTMshort	+0.0100%	8h	61.770	−0.032%	$3.0M	$477K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	61.820	+0.049%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.780	−0.016%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.790	0.000%	$4K	—	10x	as long as short
Aster DRAMUSDT	+0.0111%	8h	61.745	−0.073%	$199K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0116%	8h	61.780	−0.016%	$26.0M	$12.5M	20x	as long as short
OKX DRAM-USDT-SWAPlong	+0.0119%	8h	61.790	long leg	$5.4M	$4.6M	50x
GRVT DRAM_USDT_Perp	+0.0139%	8h	61.782	−0.013%	$36K	$181K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0156%	8h	61.785	−0.008%	—	—	5x	as long as short
Variational Omni DRAM	+0.0196%	8h	61.777	−0.022%	$2.4M	$938K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.340%	$510K	$43K	20x	as long as short
Bybit DRAMUSDT	+0.0240%	8h	61.837	+0.076%	$9.3M	$10.4M	100x	as long as short
MEXC DRAM_USDT	+0.0244%	8h	61.780	−0.016%	$11.2M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0245%	8h	61.785	−0.008%	$43.9M	$82.7M	50x	as long as short
Extended DRAM-USD	+0.0248%	1h	61.774	−0.027%	$77K	$766K	10x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.793	+0.005%	$455K	$475K	20x	as long as short
Lighter DRAM	+0.0272%	1h	61.787	−0.005%	$968K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0285%	1h	61.771	−0.031%	$79.3M	$39.3M	20x	as long as short
BloFin DRAM-USDT	+0.0476%	8h	61.810	+0.032%	$294K	$27K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0560%	1h	61.770	−0.032%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.770	−0.032%	$50K	$91K	10x	as long as short