Funding you earn now, next payment 04:00 UTC−0.0157%/8h= −17.2% APRpaid last 24h +0.033%
Price spread now: Arcus against Bybit−0.157%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Arcus is 0.157% cheaper against Bybit than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DRAMUSDT | 62.458 | 0.0197 | pay 0.0197% / 8h | 4h 38m | $9.7M | $9.8M | 100x |
| Short | Arcus DRAM-USD | 62.360 | 0.0040 | get 0.0005% / 1h | 38m 09s | $51K | $79K | 10x |
Bybit DRAMUSDT
Arcus DRAM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Bybit. 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
- −$32.9
- Price spread: −0.157% → 0.000%
- −$15.69
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$64.09
- Costs to cover
- 0.155%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; Arcus: no order-book sample. Net counts fees only.
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 Bybit live order book, 5 min ago | 0.80 bp | 7.3 bp −$7 | 13.4 bp −$134 | 118.9 bp −$11.9K | doesn't fit |
| Sell Arcus no order-book sample | — | — | — | — | — |
Arcus: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 62.420 | −0.061% | $442K | $501K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.420 | −0.061% | $730 | $2.7M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.400 | −0.093% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.410 | −0.077% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0023% | 1h | 62.394 | −0.103% | $1K | $32K | 5x | as long as short |
| Lighter DRAM | +0.0032% | 1h | 62.414 | −0.070% | $970K | $1.0M | 20x | as long as short |
| edgeX DRAMUSDC | +0.0040% | 4h | 62.437 | −0.034% | $151K | $296K | 20x | as long as short |
| Arcus DRAM-USDshort | +0.0040% | 1h | 62.360 | −0.157% | $51K | $79K | 10x | |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.390 | −0.109% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.394 | −0.102% | $267K | $1.3M | 10x | as long as short |
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Lighter DRAM
edgeX DRAMUSDC
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX DRAM-USD | +0.0050% | 1h | 62.414 | −0.070% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.380 | −0.125% | $1.1M | $2.2M | 10x | as long as short |
| QFEX DRAM-USD | +0.0052% | 1h | 62.400 | −0.093% | $1.0M | $78K | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0071% | 1h | 62.410 | −0.077% | $13K | $3K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0073% | 8h | 62.460 | +0.003% | $37K | $167K | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0093% | 1h | 62.404 | −0.086% | $81.8M | $35.4M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0094% | 8h | 62.416 | −0.068% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.421 | −0.059% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.410 | −0.077% | $3.0M | $393K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.460 | +0.003% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.440 | −0.029% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.433 | −0.041% | $4K | — | 10x | as long as short |
| Bitget DRAMUSDT | +0.0105% | 8h | 62.420 | −0.061% | $26.3M | $13.2M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0138% | 8h | 62.430 | −0.045% | $5.5M | $4.4M | 50x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.330 | −0.205% | $535K | $75K | 20x | as long as short |
| Entropy io:DRAM | +0.0170% | 1h | 62.403 | −0.088% | $198K | $436K | 25x | as long as short |
| Bybit DRAMUSDTlong | +0.0197% | 8h | 62.458 | long leg | $9.7M | $9.8M | 100x | |
| Aster DRAMUSDT | +0.0307% | 8h | 62.436 | −0.036% | $201K | $35K | 20x | as long as short |
| Variational Omni DRAM | +0.0393% | 8h | 62.463 | +0.009% | $2.4M | $753K | — | as long as short |
| Extended DRAM-USD | +0.0424% | 1h | 62.404 | −0.086% | $75K | $636K | 10x | as long as short |
| Binance DRAMUSDT | +0.0426% | 8h | 62.420 | −0.061% | $45.0M | $80.3M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0427% | 8h | 62.420 | −0.061% | $9.2M | $5.4M | 100x | as long as short |
| BloFin DRAM-USDT | +0.0569% | 8h | 62.470 | +0.019% | $302K | $26K | 20x | as long as short |
| Gate DRAM_USDT | +0.0615% | 8h | 62.460 | +0.003% | $8.2M | $3.5M | 75x | as long as short |
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
QFEX DRAM-USD
Deribit DRAM_USDC-PERPETUAL
GRVT DRAM_USDT_Perp
tradeXYZ xyz:DRAM
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Bitget DRAMUSDT
OKX DRAM-USDT-SWAP
Coinbase International DRAM-PERP-INTX
Entropy io:DRAM
Aster DRAMUSDT
Variational Omni DRAM
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
BloFin DRAM-USDT
Gate DRAM_USDT