Settings8H · net · $10k
Funding arb · Price arb /

RAM

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1355%/8h= +148.4% APRnext payment +$13.55 per $10,000 · paid last 24h −0.030%
Price spread now: Phemex against KuCoin0.000%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.472%−$47 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$41 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.472%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.472% in total (about -24.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$13.55 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin RAMUSDTM14.180−0.1355get 0.1355% / 8h1h 28m$14K$46K20x
ShortPhemex RAMUSDT14.1800get 0.0000% / 8h1h 28m$764K$189K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$284.55
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Phemex: 6 bp × 2 orders
−$12
Net
$260.55
Costs to cover
0.240%
Break-even
0.6 days
Slippage unknown: KuCoin: no order-book sample; Phemex: live order book, 14 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin no order-book sample
Sell Phemex live order book, 14 min ago3.52 bp107.5 bp −$108doesn't fitdoesn't fitdoesn't fit
KuCoin: 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.

RAM on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance RAMUSDT−0.2560%8h14.172−0.053%$766K$1.9M20xas long as short
MEXC RAM_USDT−0.2558%8h14.1800.000%$400K$90K20xas long as short
BloFin RAM-USDT−0.2548%8h14.160−0.141%$31K$2K20xas long as short
Bitget RAMUSDT−0.1418%8h14.182+0.014%$220K$181K20xas long as short
OKX RAM-USDT-SWAP−0.1403%8h14.170−0.071%$327K$482K10xas long as short
KuCoin RAMUSDTMlong−0.1355%8h14.180long leg$14K$46K20x
Bybit RAMUSDT0.0000%8h14.170−0.071%$155K$131K25xas long as short
Gate RAM_USDT0.0000%8h14.128−0.367%$24K$4K20xas long as short
HTX RAM-USDT0.0000%8h14.184+0.028%$6K$4K10xas long as short
Phemex RAMUSDTshort0.0000%8h14.1800.000%$764K$189K20x