DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0254%/8h= +27.8% APRnext payment +$2.54 per $10,000 · paid last 24h +0.005%

Price spread now: BloFin against Binance+0.024%51s7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$300.305% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 2 days (all we have)−0.025%−$3 · spread now +0.024%, 7d avg +0.007%

Together, before fees−0.085%−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.060%, so the current rate has only just turned in your favour. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.060% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.54 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	61.965	0.0328	pay 0.0328% / 8h	38m 24s	$43.9M	$82.6M	50x
Short	BloFin DRAM-USDT	61.980	0.0581	get 0.0581% / 8h	38m 24s	$253K	$27K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.024%Rate

Funding earned: $53.26
Price spread: +0.024% → +0.007%: $1.76
Slippage, 4 orders: −$8.47
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $24.54
Costs to cover: 0.305%
Break-even: 3.8 days

Slippage from Binance: live order book, 4 min ago; BloFin: live order book, 33 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, 4 min ago	0.81 bp	5.8 bp −$6	7.1 bp −$71	26.5 bp −$2,645	doesn't fit
Sell BloFin live order book, 33 min ago	0.81 bp	9.5 bp −$10	14.9 bp −$149	38.3 bp −$3,825	doesn't fit

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
Gate DRAM_USDT	0.0000%	8h	61.980	+0.024%	$8.3M	$3.4M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.960	−0.008%	$764	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.920	−0.073%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.810	−0.250%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0006%	4h	61.964	−0.002%	$153K	$289K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0038%	1h	61.984	+0.030%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.920	−0.073%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.944	−0.034%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.961	−0.007%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.920	−0.073%	$1.2M	$1.8M	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	+0.0079%	1h	61.950	−0.024%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.972	+0.011%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.930	−0.057%	$3.0M	$475K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.860	−0.170%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.980	+0.024%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.971	+0.010%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0150%	8h	61.960	−0.008%	$26.0M	$12.7M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0151%	8h	61.970	+0.008%	$5.4M	$4.6M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0186%	8h	61.968	+0.005%	—	—	5x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.621%	$510K	$43K	20x	as long as short
Aster DRAMUSDT	+0.0193%	8h	61.976	+0.018%	$199K	$36K	20x	as long as short
Lighter DRAM	+0.0200%	1h	61.955	−0.016%	$977K	$1.2M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0204%	8h	61.980	+0.025%	$36K	$172K	10x	as long as short
Variational Omni DRAM	+0.0276%	8h	61.967	+0.004%	$2.4M	$947K	—	as long as short
Bybit DRAMUSDT	+0.0282%	8h	61.980	+0.024%	$9.3M	$10.5M	100x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.969	+0.006%	$457K	$475K	20x	as long as short
MEXC DRAM_USDT	+0.0322%	8h	61.950	−0.024%	$11.2M	$6.5M	100x	as long as short
Binance DRAMUSDTlong	+0.0328%	8h	61.965	long leg	$43.9M	$82.6M	50x
Extended DRAM-USD	+0.0328%	1h	61.955	−0.016%	$77K	$766K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0329%	1h	61.956	−0.015%	$80.4M	$39.7M	20x	as long as short
Entropy io:DRAM	+0.0342%	1h	61.922	−0.069%	$260K	$502K	25x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0558%	1h	61.950	−0.024%	$13K	$9K	20x	as long as short
BloFin DRAM-USDTshort	+0.0581%	8h	61.980	+0.024%	$253K	$27K	20x
Arcus DRAM-USD	+0.0680%	1h	61.950	−0.024%	$50K	$89K	10x	as long as short