Funding you earn now, next payment 16:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.96 per $10,000 · paid last 24h —
Price spread now: Bybit against Paradex−0.035%59s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.035% cheaper against Paradex than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex DRAM-USD-PERP | 60.601 | 0.0096 | pay 0.0096% / 8h | 7h 50m | — | — | 5x |
| Short | Bybit DRAMUSDT | 60.580 | 0 | get 0.0000% / 8h | 7h 50m | $9.6M | $10.4M | 100x |
Paradex DRAM-USD-PERP
Bybit DRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Paradex. 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
- −$20.09
- Price spread: −0.035% → 0.000%
- −$3.47
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$38.56
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Bybit: live order book, 2 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 0.82 bp | 8.0 bp −$8 | 16.4 bp −$164 | 141.8 bp −$14.2K | doesn't fit |
Paradex: 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 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 | −0.0733% | 8h | 60.600 | −0.002% | $26.4M | $15.2M | 20x | as long as short |
| Entropy io:DRAM | −0.0277% | 1h | 60.609 | +0.013% | $179K | $466K | 25x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.606 | +0.009% | $194K | $39K | 20x | as long as short |
| Extended DRAM-USD | 0.0000% | 1h | 60.593 | −0.014% | $76K | $218K | 10x | as long as short |
| Binance DRAMUSDT | 0.0000% | 8h | 60.588 | −0.022% | $43.6M | $89.5M | 50x | as long as short |
| Bybit DRAMUSDTshort | 0.0000% | 8h | 60.580 | −0.035% | $9.6M | $10.4M | 100x | |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.636 | +0.057% | $418K | $338K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 60.640 | +0.064% | $7.9M | $3.6M | 75x | as long as short |
| MEXC DRAM_USDT | 0.0000% | 8h | 60.610 | +0.015% | $8.4M | $5.4M | 100x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.635 | +0.056% | $2.3M | $584K | — | as long as short |
Bitget DRAMUSDT
Entropy io:DRAM
Aster DRAMUSDT
Extended DRAM-USD
Binance DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
MEXC DRAM_USDT
Variational Omni DRAMShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.632 | +0.051% | $36K | $209K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.620 | +0.031% | $855 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.680 | +0.130% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.630 | +0.048% | $1.7M | $1.3M | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0004% | 8h | 60.580 | −0.035% | $5.4M | $6.1M | 50x | as long as short |
| BloFin DRAM-USDT | +0.0034% | 8h | 60.600 | −0.002% | $298K | $25K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0039% | 1h | 60.637 | +0.059% | $1K | $29K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.620 | +0.031% | $47K | $67K | 10x | as long as short |
| edgeX DRAMUSDC | +0.0046% | 4h | 60.606 | +0.008% | $147K | $299K | 20x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.650 | +0.081% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.575 | −0.043% | $252K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.609 | +0.013% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.580 | −0.035% | $1.1M | $3.5M | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0051% | 1h | 60.558 | −0.071% | $78.4M | $34.8M | 20x | as long as short |
| QFEX DRAM-USD | +0.0053% | 1h | 60.720 | +0.196% | $990K | $84K | 10x | as long as short |
| Paradex DRAM-USD-PERPlong | +0.0096% | 8h | 60.601 | long leg | — | — | 5x | |
| Pacifica DRAM | +0.0100% | 1h | 60.607 | +0.009% | $73K | $34K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.600 | −0.002% | $3.0M | $404K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.620 | +0.031% | $21K | $182K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.610 | +0.015% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.594 | −0.011% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0240% | 1h | 60.577 | −0.040% | $1.1M | $1.2M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0245% | 1h | 60.610 | +0.015% | $12K | $3K | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0248% | 1h | 60.590 | −0.018% | $532K | $86K | 20x | as long as short |
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
OKX DRAM-USDT-SWAP
BloFin DRAM-USDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
edgeX DRAMUSDC
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
tradeXYZ xyz:DRAM
QFEX DRAM-USD
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Lighter DRAM
Deribit DRAM_USDC-PERPETUAL
Coinbase International DRAM-PERP-INTX