Funding you earn now, next payment 03:00 UTC+0.0510%/8h= +55.9% APRpaid last 24h +0.050%
Price spread now: BloFin against tradeXYZ+0.030%88s7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$390.393% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.030%, 7d avg +0.046%
=Together, before fees−0.056%+ Points / potential airdroptradeXYZ: Active · farm board−$6 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: +$15 a day on $10k at the current rate. The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.042% in total (about -2.2% a year). A funding rate is set anew for every payment. 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 | tradeXYZ xyz:DRAM | 62.381 | 0.0174 | pay 0.0022% / 1h | 1m 36s | $81.9M | $36.0M | 20x |
| Short | BloFin DRAM-USDT | 62.400 | 0.0684 | get 0.0684% / 8h | 5h 01m | $302K | $26K | 20x |
tradeXYZ xyz:DRAM
BloFin DRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against tradeXYZ. 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
- $107.15
- Price spread: +0.030% → +0.046%
- −$1.52
- Slippage, 4 orders
- −$9.25
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $66.37
- Costs to cover
- 0.393%
- Break-even
- 2.7 days
Slippage from tradeXYZ: live order book, 8 min ago; BloFin: live order book, 38 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 tradeXYZ live order book, 8 min ago | 0.56 bp | 10.3 bp −$10 | 12.2 bp −$122 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 38 min ago | 2.41 bp | 9.7 bp −$10 | 14.0 bp −$140 | 48.4 bp −$4,843 | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx DRAM/USDC | 0.0000% | 1h | 62.404 | +0.037% | $443K | $501K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.390 | +0.014% | $747 | $2.7M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.370 | −0.018% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.410 | +0.046% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0027% | 1h | 62.361 | −0.032% | $1K | $33K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.370 | −0.018% | $51K | $80K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.350 | −0.050% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.371 | −0.016% | $267K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.396 | +0.024% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.340 | −0.066% | $1.1M | $2.2M | 10x | as long as short |
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.PShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX DRAM-USD | +0.0055% | 1h | 62.380 | −0.002% | $1.0M | $78K | 10x | as long as short |
| edgeX DRAMUSDC | +0.0060% | 4h | 62.403 | +0.035% | $151K | $298K | 20x | as long as short |
| Entropy io:DRAM | +0.0094% | 1h | 62.355 | −0.042% | $246K | $413K | 25x | as long as short |
| Lighter DRAM | +0.0096% | 1h | 62.396 | +0.024% | $970K | $1.0M | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.415 | +0.055% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.380 | −0.002% | $3.0M | $389K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.440 | +0.095% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.410 | +0.046% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.409 | +0.045% | $4K | — | 10x | as long as short |
| Bitget DRAMUSDT | +0.0107% | 8h | 62.420 | +0.063% | $26.3M | $13.2M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0116% | 8h | 62.393 | +0.019% | — | — | 5x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0127% | 8h | 62.412 | +0.049% | $37K | $163K | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0167% | 8h | 62.430 | +0.079% | $5.5M | $4.4M | 50x | as long as short |
| tradeXYZ xyz:DRAMlong | +0.0174% | 1h | 62.381 | long leg | $81.9M | $36.0M | 20x | |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 62.040 | −0.547% | $534K | $74K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0231% | 1h | 62.390 | +0.014% | $13K | $3K | 20x | as long as short |
| Bybit DRAMUSDT | +0.0242% | 8h | 62.437 | +0.090% | $9.7M | $10.0M | 100x | as long as short |
| Aster DRAMUSDT | +0.0357% | 8h | 62.429 | +0.077% | $201K | $36K | 20x | as long as short |
| Variational Omni DRAM | +0.0441% | 8h | 62.393 | +0.019% | $2.4M | $717K | — | as long as short |
| Extended DRAM-USD | +0.0472% | 1h | 62.393 | +0.020% | $76K | $637K | 10x | as long as short |
| Binance DRAMUSDT | +0.0473% | 8h | 62.410 | +0.046% | $44.9M | $80.8M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0475% | 8h | 62.400 | +0.030% | $9.3M | $5.6M | 100x | as long as short |
| Gate DRAM_USDT | +0.0579% | 8h | 62.450 | +0.111% | $8.2M | $3.6M | 75x | as long as short |
| BloFin DRAM-USDTshort | +0.0684% | 8h | 62.400 | +0.030% | $302K | $26K | 20x |
QFEX DRAM-USD
edgeX DRAMUSDC
Entropy io:DRAM
Lighter DRAM
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Bitget DRAMUSDT
Paradex DRAM-USD-PERP
GRVT DRAM_USDT_Perp
OKX DRAM-USDT-SWAP
Coinbase International DRAM-PERP-INTX
Deribit DRAM_USDC-PERPETUAL
Bybit DRAMUSDT
Aster DRAMUSDT
Variational Omni DRAM
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
Gate DRAM_USDT