Funding you earn now, next payment 08:00 UTC+0.0648%/8h= +71.0% APRnext payment +$6.48 per $10,000 · paid last 24h +0.081%
Price spread now: BloFin against Bitget−0.033%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$360.355% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)+0.045%+$5 · spread now −0.033%, 7d avg −0.007%
=Funding pays, the price is against you. BloFin is 0.025% cheaper against Bitget than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of −0.007%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.070% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.070% in total (about 3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.48 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 | Bitget DRAMUSDT | 61.450 | −0.0465 | get 0.0465% / 8h | 2h 02m | $26.1M | $14.5M | 20x |
| Short | BloFin DRAM-USDT | 61.430 | 0.0183 | get 0.0183% / 8h | 2h 02m | $298K | $26K | 20x |
Bitget DRAMUSDT
BloFin DRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $136.16
- Price spread: −0.033% → −0.007%
- −$2.52
- Slippage, 4 orders
- −$11.52
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $98.12
- Costs to cover
- 0.355%
- Break-even
- 2.0 days
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 22 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 Bitget live order book, 1 min ago | 0.81 bp | 8.3 bp −$8 | 11.5 bp −$115 | 23.8 bp −$2,383 | 66.5 bp −$33.2K |
| Sell BloFin live order book, 22 min ago | 1.63 bp | 10.9 bp −$11 | 20.6 bp −$206 | 58.9 bp −$5,890 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDTlong | −0.0465% | 8h | 61.450 | long leg | $26.1M | $14.5M | 20x | |
| RISEx DRAM/USDC | 0.0000% | 1h | 61.419 | −0.051% | $425K | $506K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 61.500 | +0.081% | $8.0M | $3.7M | 75x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.462 | +0.019% | $36K | $196K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.420 | −0.049% | $906 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.370 | −0.130% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.440 | −0.016% | $1.7M | $1.3M | 10x | as long as short |
| Bybit DRAMUSDT | +0.0012% | 8h | 61.466 | +0.026% | $9.4M | $10.2M | 100x | as long as short |
| Aftermath Perps DRAMUSD | +0.0028% | 1h | 61.364 | −0.140% | $1K | $31K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.390 | −0.098% | $48K | $69K | 10x | as long as short |
RISEx DRAM/USDC
Gate DRAM_USDT
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Bybit DRAMUSDT
Aftermath Perps DRAMUSD
Arcus DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.390 | −0.098% | — | — | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0046% | 8h | 61.460 | +0.016% | $5.5M | $5.7M | 50x | as long as short |
| QFEX DRAM-USD | +0.0050% | 1h | 61.400 | −0.081% | $1.0M | $84K | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.392 | −0.094% | $255K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.427 | −0.037% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.380 | −0.114% | $1.1M | $3.4M | 10x | as long as short |
| Aster DRAMUSDT | +0.0058% | 8h | 61.454 | +0.006% | $198K | $35K | 20x | as long as short |
| Entropy io:DRAM | +0.0071% | 1h | 61.367 | −0.135% | $170K | $470K | 25x | as long as short |
| edgeX DRAMUSDC | +0.0073% | 4h | 61.428 | −0.036% | $149K | $298K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0076% | 1h | 61.410 | −0.065% | $13K | $3K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.366 | −0.136% | $74K | $49K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.410 | −0.065% | $3.0M | $411K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.440 | −0.016% | $21K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.410 | −0.065% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.421 | −0.047% | $4K | — | 10x | as long as short |
| Variational Omni DRAM | +0.0106% | 8h | 61.444 | −0.009% | $2.3M | $669K | — | as long as short |
| Paradex DRAM-USD-PERP | +0.0119% | 8h | 61.411 | −0.064% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0147% | 1h | 61.426 | −0.039% | $79.6M | $36.1M | 20x | as long as short |
| Extended DRAM-USD | +0.0160% | 1h | 61.420 | −0.049% | $76K | $188K | 10x | as long as short |
| Binance DRAMUSDT | +0.0163% | 8h | 61.438 | −0.019% | $44.0M | $87.0M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0165% | 8h | 61.430 | −0.033% | $8.1M | $5.7M | 100x | as long as short |
| BloFin DRAM-USDTshort | +0.0183% | 8h | 61.430 | −0.033% | $298K | $26K | 20x | |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 61.110 | −0.553% | $525K | $75K | 20x | as long as short |
| Lighter DRAM | +0.0240% | 1h | 61.462 | +0.020% | $1.1M | $1.2M | 20x | as long as short |
Vest DRAM-USD-PERP
OKX DRAM-USDT-SWAP
QFEX DRAM-USD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
Aster DRAMUSDT
Entropy io:DRAM
edgeX DRAMUSDC
Deribit DRAM_USDC-PERPETUAL
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Variational Omni DRAM
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
Coinbase International DRAM-PERP-INTX
Lighter DRAM