DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0236%/8h= −25.9% APRnext payment −$2.36 per $10,000 · paid last 24h −0.055%

Price spread now: Bitget against BloFin−0.049%7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$330.330% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%$0 on $10k

Price spread, last 3 days (all we have)+0.032%+$3 · spread now −0.049%, 7d avg +0.012%

Together, before fees+0.027%+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.061% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.012%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.005% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.36 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	BloFin DRAM-USDT	61.730	0.0328	pay 0.0328% / 8h	1h 47m	$294K	$27K	20x
Short	Bitget DRAMUSDT	61.700	0.0092	get 0.0092% / 8h	1h 47m	$26.0M	$12.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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 BloFinbpFee BitgetbpOrdersPrice spread, now −0.049%Rate

Funding earned: −$49.63
Price spread: −0.049% → +0.012%: −$6.05
Slippage, 4 orders: −$8.97
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$88.65
Costs to cover: 0.330%
Break-even: never at this rate

Slippage from BloFin: live order book, 30 min ago; Bitget: live order book, 2 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 BloFin live order book, 30 min ago	0.81 bp	8.3 bp −$8	12.9 bp −$129	40.2 bp −$4,022	doesn't fit
Sell Bitget live order book, 2 min ago	0.81 bp	8.6 bp −$9	19.2 bp −$192	44.4 bp −$4,439	107.0 bp −$53.5K

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	61.700	−0.049%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.710	−0.032%	$879	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.730	0.000%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.700	−0.049%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0024%	4h	61.712	−0.029%	$153K	$289K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	61.688	−0.067%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.610	−0.194%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.666	−0.104%	$254K	$505K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.682	−0.078%	$204K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.691	−0.063%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.650	−0.130%	$1.2M	$1.7M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	61.680	−0.081%	$1.0M	$77K	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0084%	8h	61.720	−0.016%	$5.4M	$4.6M	50x	as long as short
Aster DRAMUSDT	+0.0091%	8h	61.728	−0.003%	$198K	$36K	20x	as long as short
Bitget DRAMUSDTshort	+0.0092%	8h	61.700	−0.049%	$26.0M	$12.5M	20x
Pacifica DRAM	+0.0100%	1h	61.716	−0.023%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.710	−0.032%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.670	−0.097%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.700	−0.049%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.707	−0.037%	$4K	—	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0138%	8h	61.721	−0.014%	$35K	$189K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0148%	8h	61.714	−0.025%	—	—	5x	as long as short
Bybit DRAMUSDT	+0.0170%	8h	61.740	+0.016%	$9.3M	$10.3M	100x	as long as short
Variational Omni DRAM	+0.0172%	8h	61.710	−0.033%	$2.4M	$969K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.243%	$510K	$44K	20x	as long as short
MEXC DRAM_USDT	+0.0221%	8h	61.690	−0.065%	$11.1M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0222%	8h	61.700	−0.049%	$43.7M	$82.7M	50x	as long as short
Extended DRAM-USD	+0.0224%	1h	61.691	−0.063%	$102K	$741K	10x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.720	−0.015%	$480K	$442K	20x	as long as short
Lighter DRAM	+0.0304%	1h	61.700	−0.049%	$992K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0325%	1h	61.698	−0.052%	$79.2M	$39.9M	20x	as long as short
BloFin DRAM-USDTlong	+0.0328%	8h	61.730	long leg	$294K	$27K	20x
Deribit DRAM_USDC-PERPETUAL	+0.0399%	1h	61.690	−0.065%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.700	−0.049%	$50K	$92K	10x	as long as short