Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0157%/8h= +17.2% APRnext payment +$1.57 per $10,000 · paid last 24h +0.021%
Price spread now: MEXC against Bybit−0.076%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$190.189% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.079%+$8 on $10k
Price spread, last 7 days+0.094%+$9 · spread now −0.076%, 7d avg −0.020%
Together, before fees+0.173%+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.056% cheaper against Bybit than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of −0.020%). If the spread goes back, that is −$6 on $10k: about 28 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.079% in total) that is about 5.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DRAMUSDT61.5970.0053pay 0.0053% / 8h2h 44m$9.5M$10.0M100x
ShortMEXC DRAM_USDT61.5500.0210get 0.0210% / 8h2h 44m$9.0M$5.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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

Funding earned
$33.03
Price spread: −0.076% → −0.020%
−$5.59
Slippage, 4 orders
−$7.95
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 0 bp × 2 orders
$0
Net
$8.49
Costs to cover
0.189%
Break-even
5.2 days
Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago0.81 bp7.1 bp −$711.9 bp −$119134.2 bp −$13.4Kdoesn't fit
Sell MEXC live order book, 3 min ago0.81 bp2.3 bp −$23.1 bp −$317.6 bp −$757doesn't fit

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx DRAM/USDC0.0000%1h61.636+0.064%$434K$501K20xas long as short
Bitget DRAMUSDT0.0000%8h61.590−0.011%$26.0M$13.9M20xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.600+0.005%$36K$191K10xas long as short
SunX DRAM-USDT0.0000%8h61.610+0.021%$795$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.600+0.005%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.600+0.005%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0003%4h61.594−0.005%$149K$299K20xas long as short
Aftermath Perps DRAMUSD+0.0024%1h61.626+0.046%$1K$31K5xas long as short
Arcus DRAM-USD+0.0040%1h61.610+0.021%$48K$76K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.600+0.005%10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX DRAM-USD+0.0050%1h61.630+0.054%$1.0M$84K10xas long as short
Entropy io:DRAM+0.0050%1h61.600+0.005%$170K$466K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.619+0.036%$259K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.605+0.013%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.590−0.011%$1.1M$2.6M10xas long as short
OKX DRAM-USDT-SWAP+0.0052%8h61.610+0.021%$5.4M$4.7M50xas long as short
Bybit DRAMUSDTlong+0.0053%8h61.597long leg$9.5M$10.0M100x
Deribit DRAM_USDC-PERPETUAL+0.0075%1h61.620+0.037%$13K$3K20xas long as short
Aster DRAMUSDT+0.0097%8h61.572−0.041%$198K$35K20xas long as short
Pacifica DRAM+0.0100%1h61.602+0.008%$74K$49K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.570−0.044%$3.0M$402K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.640+0.070%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.630+0.054%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.610+0.021%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0109%8h61.629+0.051%5xas long as short
Variational Omni DRAM+0.0157%8h61.624+0.044%$2.4M$618Kas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.510−0.141%$528K$74K20xas long as short
Extended DRAM-USD+0.0208%1h61.564−0.054%$74K$238K10xas long as short
tradeXYZ xyz:DRAM+0.0208%1h61.565−0.052%$80.0M$35.6M20xas long as short
MEXC DRAM_USDTshort+0.0210%8h61.550−0.076%$9.0M$5.5M100x
Binance DRAMUSDT+0.0210%8h61.567−0.049%$44.2M$83.4M50xas long as short
BloFin DRAM-USDT+0.0214%8h61.630+0.054%$300K$26K20xas long as short
Gate DRAM_USDT+0.0231%8h61.630+0.054%$8.1M$3.6M75xas long as short
Lighter DRAM+0.0232%1h61.613+0.026%$1.1M$1.2M20xas long as short