Funding you earn now, next payment 08:00 UTC+0.0434%/8h= +47.5% APRnext payment +$4.34 per $10,000 · paid last 24h +0.050%
Price spread now: Bybit against SunX+0.061%7-day average +0.021% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 3 days (all we have)−0.045%−$5 · spread now +0.061%, 7d avg +0.021%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bybit is 0.040% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.021%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.101% in total (about 5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.34 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 | SunX DRAM-USDT | 62.430 | 0 | get 0.0000% / 8h | 7h 40m | $637 | $3.0M | 10x |
| Short | Bybit DRAMUSDT | 62.468 | 0.0434 | get 0.0434% / 8h | 7h 40m | $9.6M | $10.5M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against SunX. 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
- $91.11
- Price spread: +0.061% → +0.021%
- $4.01
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $76.12
- Costs to cover
- 0.190%
- Break-even
- 1.2 days
Slippage unknown: SunX: live order book, 7 min ago; Bybit: live order book, 3 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 SunX live order book, 7 min ago | 45.67 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.80 bp | 8.0 bp −$8 | 12.0 bp −$120 | 113.5 bp −$11.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX DRAM-USDTlong | 0.0000% | 8h | 62.430 | long leg | $637 | $3.0M | 10x | |
| HTX DRAM-USDT | 0.0000% | 8h | 62.320 | −0.176% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.400 | −0.048% | $1.8M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0037% | 4h | 62.355 | −0.121% | $151K | $295K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0037% | 1h | 62.332 | −0.157% | $1K | $35K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.330 | −0.160% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.368 | −0.099% | $267K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.408 | −0.035% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.340 | −0.144% | $1.1M | $1.9M | 10x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.430 | −0.001% | $76K | $40K | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.340 | −0.144% | $3.0M | $442K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.430 | 0.000% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.440 | +0.016% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.432 | +0.003% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0152% | 1h | 62.415 | −0.024% | $970K | $1.2M | 20x | as long as short |
| QFEX DRAM-USD | +0.0160% | 1h | 62.390 | −0.064% | $1.0M | $78K | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 61.920 | −0.817% | $535K | $95K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0219% | 8h | 62.450 | +0.032% | $5.5M | $4.7M | 50x | as long as short |
| Paradex DRAM-USD-PERP | +0.0223% | 8h | 62.447 | +0.027% | — | — | 5x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0231% | 1h | 62.390 | −0.064% | $13K | $3K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0341% | 1h | 62.387 | −0.069% | $81.8M | $39.9M | 20x | as long as short |
| Aster DRAMUSDT | +0.0374% | 8h | 62.324 | −0.169% | $200K | $36K | 20x | as long as short |
| Bitget DRAMUSDT | +0.0389% | 8h | 62.420 | −0.016% | $26.2M | $12.9M | 20x | as long as short |
| Bybit DRAMUSDTshort | +0.0434% | 8h | 62.468 | +0.061% | $9.6M | $10.5M | 100x | |
| Variational Omni DRAM | +0.0456% | 8h | 62.405 | −0.040% | $2.4M | $765K | — | as long as short |
| MEXC DRAM_USDT | +0.0500% | 8h | 62.420 | −0.016% | $10.1M | $6.7M | 100x | as long as short |
| Binance DRAMUSDT | +0.0503% | 8h | 62.432 | +0.004% | $44.6M | $81.7M | 50x | as long as short |
| Extended DRAM-USD | +0.0504% | 1h | 62.397 | −0.053% | $75K | $767K | 10x | as long as short |
| Entropy io:DRAM | +0.0531% | 1h | 62.316 | −0.183% | $254K | $476K | 25x | as long as short |
| Arcus DRAM-USD | +0.0606% | 1h | 62.370 | −0.096% | $51K | $83K | 10x | as long as short |
| Gate DRAM_USDT | +0.0660% | 8h | 62.430 | 0.000% | $8.3M | $3.4M | 75x | as long as short |
| BloFin DRAM-USDT | +0.0870% | 8h | 62.350 | −0.128% | $296K | $26K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0958% | 8h | 62.337 | −0.150% | $37K | $162K | 10x | as long as short |
| RISEx DRAM/USDC | +0.1096% | 1h | 62.401 | −0.046% | $455K | $491K | 20x | as long as short |
SunX DRAM-USDT
Bybit DRAMUSDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Lighter DRAM
Coinbase International DRAM-PERP-INTX
OKX DRAM-USDT-SWAP
Paradex DRAM-USD-PERP
Deribit DRAM_USDC-PERPETUAL
tradeXYZ xyz:DRAM
Aster DRAMUSDT
Bitget DRAMUSDT
Variational Omni DRAM
MEXC DRAM_USDT
Binance DRAMUSDT
Extended DRAM-USD
Gate DRAM_USDT
BloFin DRAM-USDT
GRVT DRAM_USDT_Perp
RISEx DRAM/USDC