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+0.2977%/8h= +326.0% APRnext payment +$29.77 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.213%7-day average +0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1371.373% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.427%−$43 on $10k
Price spread, last 4 days (all we have)+0.328%+$33 · spread now −0.213%, 7d avg +0.075%
Together, before fees−0.099%−$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.288% cheaper against MEXC than usual: you would sell low and buy high (spread −0.213% now, against its 7-day average of +0.075%). If the spread goes back, that is −$29 on $10k: about 8 hours of funding at the current rate (+$89 a day). Mind the row above: over the last 7 days funding on this pair cost −0.427%, 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 -0.427% in total (about -22.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$29.77 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
LongMEXC RAM_USDT14.090−0.2977get 0.2977% / 8h40m 15s$398K$90K20x
ShortBybit RAMUSDT14.0600get 0.0000% / 8h40m 15s$162K$137K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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
$625.17
Price spread: −0.213% → +0.075%
−$28.79
Slippage, 4 orders
−$126.28
Fee MEXC: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$459.09
Costs to cover
1.373%
Break-even
1.9 days
Slippage from MEXC: live order book, 50 min ago; Bybit: live order book, 44 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 50 min ago10.58 bp17.5 bp −$1751.9 bp −$519193.6 bp −$19.4K287.1 bp −$143.6K
Sell Bybit live order book, 44 min ago7.07 bp22.9 bp −$23doesn't fitdoesn't fitdoesn't fit

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
BloFin RAM-USDT−0.2979%8h14.060−0.213%$31K$2K20xas long as short
MEXC RAM_USDTlong−0.2977%8h14.090long leg$398K$90K20x
Binance RAMUSDT−0.2975%8h14.0900.000%$777K$2.0M20xas long as short
KuCoin RAMUSDTM−0.1776%8h14.060−0.213%$14K$45K20xas long as short
OKX RAM-USDT-SWAP−0.1667%8h14.070−0.142%$323K$491K10xas long as short
Bitget RAMUSDT−0.1647%8h14.086−0.028%$222K$192K20xas long as short
Bybit RAMUSDTshort0.0000%8h14.060−0.213%$162K$137K25x
Gate RAM_USDT0.0000%8h14.092+0.014%$24K$4K20xas long as short
HTX RAM-USDT0.0000%8h14.083−0.050%$6K$4K10xas long as short
Phemex RAMUSDT0.0000%8h14.080−0.071%$763K$196K20xas long as short