DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0298%/8h= +32.6% APRnext payment +$2.98 per $10,000 · paid last 24h +0.071%

Price spread now: BloFin against KuCoin+0.080%80s7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$84as 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−$830.833% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.080%, 7d avg +0.043%

Together, before fees−0.082%−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BloFin is 0.037% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.043%. The two prices were read 80 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 -0.010% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.98 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	KuCoin DRAMUSDTM	62.410	0.0100	pay 0.0100% / 8h	4h 11m	$3.0M	$394K	20x
Short	BloFin DRAM-USDT	62.460	0.0398	get 0.0398% / 8h	4h 11m	$302K	$26K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now +0.080%Rate

Funding earned: $62.49
Price spread: +0.080% → +0.043%: $3.73
Slippage, 4 orders: −$59.31
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$17.09
Costs to cover: 0.833%
Break-even: 8.9 days

Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 23 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 KuCoin live order book, 5 min ago	1.60 bp	33.2 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 23 min ago	1.60 bp	8.6 bp −$9	11.4 bp −$114	34.8 bp −$3,479	doesn't fit

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	62.425	+0.023%	$442K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.430	+0.032%	$914	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.400	−0.016%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.430	+0.032%	$1.7M	$1.3M	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0003%	8h	62.405	−0.008%	$36K	$174K	10x	as long as short
Aftermath Perps DRAMUSD	+0.0021%	1h	62.402	−0.012%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.403	−0.011%	$1.0M	$1.1M	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.400	−0.016%	$49K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.380	−0.048%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.391	−0.030%	$267K	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	62.418	+0.013%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.370	−0.064%	$1.1M	$2.3M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.410	0.000%	$1.0M	$78K	10x	as long as short
edgeX DRAMUSDC	+0.0066%	4h	62.390	−0.033%	$151K	$299K	20x	as long as short
Bitget DRAMUSDT	+0.0075%	8h	62.440	+0.048%	$26.2M	$13.4M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0083%	8h	62.406	−0.006%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0085%	1h	62.410	0.000%	$81.8M	$35.5M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0099%	8h	62.440	+0.048%	$5.5M	$4.5M	50x	as long as short
Pacifica DRAM	+0.0100%	1h	62.429	+0.030%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTMlong	+0.0100%	8h	62.410	long leg	$3.0M	$394K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	62.440	+0.048%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.430	+0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.437	+0.043%	$4K	—	10x	as long as short
Bybit DRAMUSDT	+0.0134%	8h	62.460	+0.080%	$9.7M	$9.7M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.128%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0155%	1h	62.404	−0.010%	$183K	$441K	25x	as long as short
Aster DRAMUSDT	+0.0250%	8h	62.426	+0.026%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0326%	8h	62.404	−0.009%	$2.4M	$747K	—	as long as short
MEXC DRAM_USDT	+0.0365%	8h	62.430	+0.032%	$8.9M	$5.5M	100x	as long as short
Binance DRAMUSDT	+0.0365%	8h	62.432	+0.035%	$44.9M	$80.1M	50x	as long as short
Extended DRAM-USD	+0.0368%	1h	62.414	+0.006%	$76K	$622K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0391%	1h	62.410	0.000%	$13K	$3K	20x	as long as short
BloFin DRAM-USDTshort	+0.0398%	8h	62.460	+0.080%	$302K	$26K	20x
Gate DRAM_USDT	+0.0634%	8h	62.460	+0.080%	$8.2M	$3.5M	75x	as long as short