Funding you earn now, next payment 08:00 UTC−0.2445%/8h= −267.8% APRnext payment −$24.45 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Phemex−0.070%59s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$73 a day on $10k at the current rate, and BloFin is 0.070% cheaper against Phemex than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 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 | Phemex RAMUSDT | 14.210 | 0 | get 0.0000% / 8h | 2h 11m | $765K | $183K | 20x |
| Short | BloFin RAM-USDT | 14.200 | −0.2445 | pay 0.2445% / 8h | 2h 11m | $30K | $2K | 20x |
Phemex RAMUSDT
BloFin RAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Phemex. 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
- −$513.55
- Price spread: −0.070% → 0.000%
- −$7.04
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$544.59
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 36 min ago; BloFin: no order-book sample. Net counts fees only.
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 Phemex live order book, 36 min ago | 13.91 bp | 72.1 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin RAM-USDTshort | −0.2445% | 8h | 14.200 | −0.070% | $30K | $2K | 20x | |
| Binance RAMUSDT | −0.2436% | 8h | 14.250 | +0.281% | $763K | $1.8M | 20x | as long as short |
| MEXC RAM_USDT | −0.2434% | 8h | 14.240 | +0.211% | $402K | $91K | 20x | as long as short |
| Bitget RAMUSDT | −0.1460% | 8h | 14.260 | +0.352% | $221K | $179K | 20x | as long as short |
| OKX RAM-USDT-SWAP | −0.1294% | 8h | 14.250 | +0.281% | $322K | $461K | 10x | as long as short |
| KuCoin RAMUSDTM | −0.1122% | 8h | 14.190 | −0.141% | $15K | $46K | 20x | as long as short |
| Bybit RAMUSDT | 0.0000% | 8h | 14.260 | +0.352% | $156K | $130K | 25x | as long as short |
| Gate RAM_USDT | 0.0000% | 8h | 14.191 | −0.134% | $24K | $4K | 20x | as long as short |
| HTX RAM-USDT | 0.0000% | 8h | 14.223 | +0.091% | $6K | $4K | 10x | as long as short |
| Phemex RAMUSDTlong | 0.0000% | 8h | 14.210 | long leg | $765K | $183K | 20x |
Binance RAMUSDT
MEXC RAM_USDT
Bitget RAMUSDT
OKX RAM-USDT-SWAP
KuCoin RAMUSDTM
Bybit RAMUSDT
Gate RAM_USDT
HTX RAM-USDT