DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0386%/8h= −42.2% APRnext payment −$3.86 per $10,000 · paid last 24h −0.052%

Price spread now: Bitget against Binance+0.022%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$270.275% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.071%−$7 on $10k

Price spread, last 7 days−0.028%−$3 · spread now +0.022%, 7d avg +0.004%

Together, before fees−0.099%−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: −$12 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 -0.071% in total (about -3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.86 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DRAMUSDT	62.386	0.0481	pay 0.0481% / 8h	5h 07m	$44.9M	$80.9M	50x
Short	Bitget DRAMUSDT	62.400	0.0095	get 0.0095% / 8h	5h 07m	$26.3M	$13.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BitgetbpOrdersPrice spread, now +0.022%Rate

Funding earned: −$80.97
Price spread: +0.022% → +0.004%: $1.74
Slippage, 4 orders: −$5.49
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$106.72
Costs to cover: 0.275%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; Bitget: live order book, 1 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 Binance live order book, 5 min ago	0.80 bp	5.8 bp −$6	8.6 bp −$86	31.9 bp −$3,189	doesn't fit
Sell Bitget live order book, 1 min ago	0.80 bp	7.5 bp −$8	12.2 bp −$122	34.7 bp −$3,472	88.0 bp −$44.0K

DRAM on 34 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
RISEx DRAM/USDC	0.0000%	1h	62.376	−0.017%	$443K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.380	−0.010%	$845	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.390	+0.006%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.400	+0.022%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	62.339	−0.076%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.350	−0.058%	$51K	$80K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.330	−0.090%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.352	−0.055%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.385	−0.002%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.300	−0.138%	$1.1M	$2.1M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0055%	1h	62.370	−0.026%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0088%	1h	62.333	−0.086%	$246K	$413K	25x	as long as short
Bitget DRAMUSDTshort	+0.0095%	8h	62.400	+0.022%	$26.3M	$13.2M	20x
Lighter DRAM	+0.0096%	1h	62.375	−0.018%	$969K	$1.0M	20x	as long as short
edgeX DRAMUSDC	+0.0099%	4h	62.365	−0.034%	$151K	$297K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.334	−0.084%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.370	−0.026%	$3.0M	$389K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.330	−0.090%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.400	+0.022%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.399	+0.020%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0117%	8h	62.378	−0.014%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0126%	8h	62.387	+0.001%	$36K	$162K	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0174%	8h	62.390	+0.006%	$5.5M	$4.4M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0175%	1h	62.366	−0.033%	$81.8M	$36.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.555%	$534K	$74K	20x	as long as short
Bybit DRAMUSDT	+0.0243%	8h	62.412	+0.041%	$9.7M	$10.0M	100x	as long as short
Aster DRAMUSDT	+0.0363%	8h	62.390	+0.005%	$201K	$36K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0392%	1h	62.380	−0.010%	$13K	$3K	20x	as long as short
Variational Omni DRAM	+0.0449%	8h	62.353	−0.054%	$2.4M	$717K	—	as long as short
Extended DRAM-USD	+0.0480%	1h	62.367	−0.031%	$76K	$637K	10x	as long as short
Binance DRAMUSDTlong	+0.0481%	8h	62.386	long leg	$44.9M	$80.9M	50x
MEXC DRAM_USDT	+0.0481%	8h	62.380	−0.010%	$9.2M	$5.6M	100x	as long as short
Gate DRAM_USDT	+0.0559%	8h	62.430	+0.070%	$8.2M	$3.6M	75x	as long as short
BloFin DRAM-USDT	+0.0700%	8h	62.390	+0.006%	$301K	$26K	20x	as long as short