Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Bybit+0.289%53s7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$276as 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−$2762.763% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.437%−$44 · spread now +0.289%, 7d avg −0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.335% dearer against Bybit than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of −0.046%. The two prices were read 53 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 | Bybit RAMUSDT | 13.840 | 0 | get 0.0000% / 8h | 7h 38m | $172K | $144K | 25x |
| Short | Phemex RAMUSDT | 13.880 | 0 | get 0.0000% / 8h | 7h 38m | $755K | $199K | 20x |
Bybit RAMUSDT
Phemex RAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bybit. 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
- $0
- Price spread: +0.289% → −0.046%
- $33.46
- Slippage, 4 orders
- −$253.26
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$242.8
- Costs to cover
- 2.763%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 41 min ago; Phemex: live order book, 59 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 Bybit live order book, 41 min ago | 7.12 bp | 109.0 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 59 min ago | 7.10 bp | 64.9 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
RAM on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance RAMUSDT | −0.3063% | 8h | 13.840 | 0.000% | $775K | $2.0M | 20x | as long as short |
| MEXC RAM_USDT | −0.3058% | 8h | 13.850 | +0.072% | $388K | $90K | 20x | as long as short |
| BloFin RAM-USDT | −0.3031% | 8h | 13.850 | +0.072% | $31K | $2K | 20x | as long as short |
| KuCoin RAMUSDTM | −0.1773% | 8h | 13.850 | +0.072% | $14K | $78K | 20x | as long as short |
| OKX RAM-USDT-SWAP | −0.1646% | 8h | 13.830 | −0.072% | $317K | $489K | 10x | as long as short |
| Bitget RAMUSDT | −0.1540% | 8h | 13.832 | −0.058% | $214K | $193K | 20x | as long as short |
| Bybit RAMUSDTlong | 0.0000% | 8h | 13.840 | long leg | $172K | $144K | 25x | |
| Gate RAM_USDT | 0.0000% | 8h | 13.865 | +0.181% | $24K | $4K | 20x | as long as short |
| HTX RAM-USDT | 0.0000% | 8h | 13.904 | +0.462% | $6K | $4K | 10x | as long as short |
| Phemex RAMUSDTshort | 0.0000% | 8h | 13.880 | +0.289% | $755K | $199K | 20x |
Binance RAMUSDT
MEXC RAM_USDT
BloFin RAM-USDT
KuCoin RAMUSDTM
OKX RAM-USDT-SWAP
Bitget RAMUSDT
Gate RAM_USDT
HTX RAM-USDT