DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0552%/8h= −60.4% APRnext payment −$5.52 per $10,000 · paid last 24h +0.004%

Price spread now: Gate against BloFin+0.016%93s7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$60as 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−$530.534% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.062%−$6 on $10k

Price spread, last 3 days (all we have)−0.071%−$7 · spread now +0.016%, 7d avg −0.009%

Together, before fees−0.132%−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.025% dearer against BloFin than usual: you sell high and buy low (spread +0.016% now, against its 7-day average of −0.009%): +$2 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.062% in total) that is about 2.8 days. The two prices were read 93 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 -0.062% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.52 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	61.980	0.0552	pay 0.0552% / 8h	43m 27s	$295K	$27K	20x
Short	Gate DRAM_USDT	61.990	0	get 0.0000% / 8h	43m 27s	$8.3M	$3.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.016%Rate

Funding earned: −$115.9
Price spread: +0.016% → −0.009%: $2.48
Slippage, 4 orders: −$26.45
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$166.86
Costs to cover: 0.534%
Break-even: never at this rate

Slippage from BloFin: live order book, 28 min ago; Gate: live order book, 5 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, 28 min ago	0.81 bp	9.3 bp −$9	12.7 bp −$127	42.5 bp −$4,253	doesn't fit
Sell Gate live order book, 5 min ago	1.61 bp	17.7 bp −$18	21.6 bp −$216	26.5 bp −$2,652	55.9 bp −$27.9K

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_USDTshort	0.0000%	8h	61.990	+0.016%	$8.3M	$3.4M	75x
SunX DRAM-USDT	0.0000%	8h	61.970	−0.016%	$826	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.920	−0.097%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.850	−0.210%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	61.955	−0.040%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.860	−0.194%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.939	−0.066%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.980	0.000%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.900	−0.129%	$1.2M	$1.8M	10x	as long as short
edgeX DRAMUSDC	+0.0072%	4h	61.972	−0.013%	$153K	$291K	20x	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	−0.048%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.978	−0.002%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.920	−0.097%	$3.0M	$475K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.900	−0.129%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.980	0.000%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.989	+0.014%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0141%	8h	61.970	−0.016%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0143%	8h	61.960	−0.032%	$26.0M	$12.7M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0169%	8h	61.964	−0.026%	—	—	5x	as long as short
Aster DRAMUSDT	+0.0172%	8h	61.994	+0.022%	$199K	$36K	20x	as long as short
Lighter DRAM	+0.0176%	1h	61.971	−0.015%	$978K	$1.2M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0191%	8h	61.968	−0.019%	$36K	$178K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.645%	$510K	$43K	20x	as long as short
Variational Omni DRAM	+0.0261%	8h	61.987	+0.012%	$2.4M	$948K	—	as long as short
Bybit DRAMUSDT	+0.0275%	8h	62.002	+0.035%	$9.3M	$10.5M	100x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.967	−0.020%	$457K	$475K	20x	as long as short
MEXC DRAM_USDT	+0.0302%	8h	61.950	−0.048%	$11.2M	$6.5M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0302%	1h	61.966	−0.023%	$80.4M	$39.9M	20x	as long as short
Extended DRAM-USD	+0.0304%	1h	61.959	−0.034%	$77K	$766K	10x	as long as short
Binance DRAMUSDT	+0.0307%	8h	61.964	−0.026%	$43.8M	$82.6M	50x	as long as short
Entropy io:DRAM	+0.0310%	1h	61.906	−0.119%	$260K	$502K	25x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0396%	1h	61.970	−0.016%	$13K	$9K	20x	as long as short
BloFin DRAM-USDTlong	+0.0552%	8h	61.980	long leg	$295K	$27K	20x
Arcus DRAM-USD	+0.0680%	1h	61.950	−0.048%	$50K	$89K	10x	as long as short