Funding you earn now, next payment 16:00 UTC+0.0201%/8h= +22.0% APRnext payment +$2.01 per $10,000 · paid last 24h +0.006%
Price spread now: Bitget against OKX−0.029%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1731.732% of the position
Funding, last 7 days−0.184%−$18 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.029%, 7d avg +0.009%
=Funding pays, the price is against you. Bitget is 0.038% cheaper against OKX than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.009%). If the spread goes back, that is −$4 on $10k: about 15 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.184%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RAM-USDT-SWAP | 13.850 | −0.1632 | get 0.1632% / 8h | 7h 17m | $310K | $509K | 10x |
| Short | Bitget RAMUSDT | 13.846 | −0.1431 | pay 0.1431% / 8h | 7h 17m | $215K | $198K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- $42.15
- Price spread: −0.029% → +0.009%
- −$3.82
- Slippage, 4 orders
- −$151.25
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$134.91
- Costs to cover
- 1.732%
- Break-even
- 29.4 days
Slippage from OKX: live order book, 13 min ago; Bitget: live order book, 7 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 OKX live order book, 13 min ago | 7.32 bp | 19.1 bp −$19 | 680.1 bp −$6,801 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 7 min ago | 0.36 bp | 67.6 bp −$68 | 121.0 bp −$1,210 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RAM-USDT | −0.3183% | 8h | 13.780 | −0.505% | $30K | $2K | 20x | as long as short |
| MEXC RAM_USDT | −0.3178% | 8h | 13.820 | −0.217% | $384K | $92K | 20x | as long as short |
| Binance RAMUSDT | −0.3133% | 8h | 13.834 | −0.114% | $775K | $2.1M | 20x | as long as short |
| KuCoin RAMUSDTM | −0.1738% | 8h | 13.780 | −0.505% | $14K | $95K | 20x | as long as short |
| OKX RAM-USDT-SWAPlong | −0.1632% | 8h | 13.850 | long leg | $310K | $509K | 10x | |
| Bitget RAMUSDTshort | −0.1431% | 8h | 13.846 | −0.029% | $215K | $198K | 20x | |
| Bybit RAMUSDT | 0.0000% | 8h | 13.850 | 0.000% | $168K | $150K | 25x | as long as short |
| Gate RAM_USDT | 0.0000% | 8h | 13.843 | −0.051% | $24K | $4K | 20x | as long as short |
| HTX RAM-USDT | 0.0000% | 8h | 13.786 | −0.462% | $6K | $4K | 10x | as long as short |
| Phemex RAMUSDT | 0.0000% | 8h | 13.820 | −0.217% | $754K | $206K | 20x | as long as short |
OKX RAM-USDT-SWAP
Bitget RAMUSDT
BloFin RAM-USDT
MEXC RAM_USDT
Binance RAMUSDT
KuCoin RAMUSDTM
Bybit RAMUSDT
Gate RAM_USDT
HTX RAM-USDT
Phemex RAMUSDT