Funding you earn now, next payment 16:00 UTC−0.0511%/8h= −56.0% APRnext payment −$5.11 per $10,000 · paid last 24h −0.131%
Price spread now: MEXC against KuCoin−0.071%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$634as in the Funding arb table
Net, price: spread back to 7d avg − costs−$620as in the Price arb table
costs, in and out, $10k−$6196.192% of the position
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.071%, 7d avg −0.060%
=The price spread sits at its 7-day average of −0.060%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.146% in total (about -7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.11 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RAMUSDTM | 14.170 | −0.0444 | get 0.0444% / 8h | 4h 44m | $14K | $180K | 20x |
| Short | MEXC RAM_USDT | 14.160 | −0.0955 | pay 0.0955% / 8h | 4h 44m | $414K | $95K | 20x |
KuCoin RAMUSDTM
MEXC RAM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. 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
- −$107.31
- Price spread: −0.071% → −0.060%
- −$1.1
- Slippage, 4 orders
- −$607.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$727.64
- Costs to cover
- 6.192%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 41 min ago; MEXC: live order book, 52 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 KuCoin live order book, 41 min ago | 21.11 bp | 320.3 bp −$320 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 52 min ago | 7.03 bp | 13.9 bp −$14 | 48.5 bp −$485 | 197.6 bp −$19.8K | doesn't fit |
RAM on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC RAM_USDTshort | −0.0955% | 8h | 14.160 | −0.071% | $414K | $95K | 20x | |
| Binance RAMUSDT | −0.0953% | 8h | 14.150 | −0.141% | $785K | $2.4M | 20x | as long as short |
| BloFin RAM-USDT | −0.0926% | 8h | 14.160 | −0.071% | $28K | $2K | 20x | as long as short |
| Bitget RAMUSDT | −0.0451% | 8h | 14.149 | −0.148% | $195K | $220K | 20x | as long as short |
| KuCoin RAMUSDTMlong | −0.0444% | 8h | 14.170 | long leg | $14K | $180K | 20x | |
| OKX RAM-USDT-SWAP | −0.0421% | 8h | 14.160 | −0.071% | $295K | $566K | 10x | as long as short |
| Bybit RAMUSDT | 0.0000% | 8h | 14.160 | −0.071% | $168K | $154K | 25x | as long as short |
| Gate RAM_USDT | 0.0000% | 8h | 14.174 | +0.028% | $25K | $4K | 20x | as long as short |
| HTX RAM-USDT | 0.0000% | 8h | 14.212 | +0.296% | $6K | $5K | 10x | as long as short |
| Phemex RAMUSDT | 0.0000% | 8h | 14.160 | −0.071% | $767K | $232K | 20x | as long as short |
Binance RAMUSDT
BloFin RAM-USDT
Bitget RAMUSDT
OKX RAM-USDT-SWAP
Bybit RAMUSDT
Gate RAM_USDT
HTX RAM-USDT
Phemex RAMUSDT