Funding you earn now, next payment 08:00 UTC−0.0145%/8h= −15.9% APRnext payment −$1.45 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against Bybit−0.064%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$310.312% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 7 days+0.070%+$7 · spread now −0.064%, 7d avg −0.007%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.057% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DRAMUSDT | 62.430 | 0.0248 | pay 0.0248% / 8h | 5h 03m | $9.7M | $10.0M | 100x |
| Short | Bitget DRAMUSDT | 62.390 | 0.0103 | get 0.0103% / 8h | 5h 03m | $26.3M | $13.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$30.51
- Price spread: −0.064% → −0.007%
- −$5.74
- Slippage, 4 orders
- −$8.24
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$67.5
- Costs to cover
- 0.312%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: 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 Bybit live order book, 4 min ago | 0.80 bp | 7.0 bp −$7 | 13.5 bp −$135 | 119.6 bp −$12.0K | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.80 bp | 7.5 bp −$8 | 12.2 bp −$122 | 34.7 bp −$3,472 | 88.0 bp −$44.0K |
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 | 62.390 | −0.064% | $443K | $501K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.390 | −0.064% | $704 | $2.7M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.370 | −0.096% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.390 | −0.064% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0028% | 1h | 62.363 | −0.107% | $1K | $33K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.370 | −0.096% | $51K | $80K | 10x | as long as short |
| edgeX DRAMUSDC | +0.0043% | 4h | 62.379 | −0.082% | $151K | $297K | 20x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.350 | −0.128% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.365 | −0.104% | $267K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.379 | −0.082% | $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 | 62.330 | −0.160% | $1.1M | $2.2M | 10x | as long as short |
| QFEX DRAM-USD | +0.0055% | 1h | 62.370 | −0.096% | $1.0M | $78K | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0071% | 1h | 62.380 | −0.080% | $13K | $3K | 20x | as long as short |
| Lighter DRAM | +0.0088% | 1h | 62.359 | −0.114% | $969K | $1.0M | 20x | as long as short |
| Entropy io:DRAM | +0.0094% | 1h | 62.347 | −0.133% | $246K | $413K | 25x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.364 | −0.106% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.390 | −0.064% | $3.0M | $389K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.330 | −0.160% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.410 | −0.032% | $9K | — | 10x | as long as short |
| Bitget DRAMUSDTshort | +0.0103% | 8h | 62.390 | −0.064% | $26.3M | $13.2M | 20x | |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.407 | −0.037% | $4K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0120% | 8h | 62.398 | −0.051% | — | — | 5x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0126% | 8h | 62.387 | −0.069% | $36K | $162K | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0171% | 8h | 62.390 | −0.064% | $5.5M | $4.4M | 50x | as long as short |
| tradeXYZ xyz:DRAM | +0.0175% | 1h | 62.357 | −0.117% | $81.8M | $36.0M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 62.040 | −0.625% | $534K | $74K | 20x | as long as short |
| Bybit DRAMUSDTlong | +0.0248% | 8h | 62.430 | long leg | $9.7M | $10.0M | 100x | |
| Aster DRAMUSDT | +0.0359% | 8h | 62.419 | −0.017% | $201K | $36K | 20x | as long as short |
| Variational Omni DRAM | +0.0441% | 8h | 62.393 | −0.060% | $2.4M | $717K | — | as long as short |
| Binance DRAMUSDT | +0.0477% | 8h | 62.370 | −0.096% | $44.9M | $80.9M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0479% | 8h | 62.380 | −0.080% | $9.2M | $5.6M | 100x | as long as short |
| Extended DRAM-USD | +0.0480% | 1h | 62.374 | −0.089% | $76K | $637K | 10x | as long as short |
| Gate DRAM_USDT | +0.0574% | 8h | 62.410 | −0.032% | $8.2M | $3.6M | 75x | as long as short |
| BloFin DRAM-USDT | +0.0696% | 8h | 62.380 | −0.080% | $302K | $26K | 20x | as long as short |
Bybit DRAMUSDT
Bitget DRAMUSDT
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
edgeX DRAMUSDC
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Deribit DRAM_USDC-PERPETUAL
Lighter DRAM
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Paradex DRAM-USD-PERP
GRVT DRAM_USDT_Perp
OKX DRAM-USDT-SWAP
tradeXYZ xyz:DRAM
Coinbase International DRAM-PERP-INTX
Aster DRAMUSDT
Variational Omni DRAM
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
Gate DRAM_USDT
BloFin DRAM-USDT