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−0.0217%/8h= −23.8% APRnext payment $2.17 per $10,000 · paid last 24h −0.052%
Price spread now: Bitget against MEXC0.000%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$190.188% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.071%−$7 on $10k
Price spread, last 7 days+0.006%+$1 · spread now 0.000%, 7d avg +0.012%
Together, before fees−0.065%−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.071% in total (about -3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.17 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC DRAM_USDT62.2100.0457pay 0.0457% / 8h7h 52m$10.5M$6.6M100x
ShortBitget DRAMUSDT62.2100.0240get 0.0240% / 8h7h 52m$26.3M$12.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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
−$45.57
Price spread: 0.000% → +0.012%
−$1.19
Slippage, 4 orders
−$6.8
Fee MEXC: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$65.56
Costs to cover
0.188%
Break-even
never at this rate
Slippage from MEXC: live order book, 6 min ago; Bitget: live order book, 2 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 MEXC live order book, 6 min ago0.81 bp0.8 bp −$10.8 bp −$86.7 bp −$673doesn't fit
Sell Bitget live order book, 2 min ago0.80 bp8.0 bp −$811.4 bp −$11430.9 bp −$3,09072.7 bp −$36.4K

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
SunX DRAM-USDT0.0000%8h62.220+0.016%$904$3.1M10xas long as short
HTX DRAM-USDT0.0000%8h62.170−0.064%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.220+0.016%$1.8M$1.3M10xas long as short
edgeX DRAMUSDC+0.0037%4h62.079−0.211%$150K$295K20xas long as short
Aftermath Perps DRAMUSD+0.0039%1h62.113−0.156%$1K$35K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.160−0.080%$60110xas long as short
SoDEX DRAM-USD+0.0050%1h62.213+0.005%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.140−0.113%$1.2M$1.8M10xas long as short
Pacifica DRAM+0.0100%1h62.154−0.090%$76K$40K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.160−0.080%$3.0M$453K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni DRAMUSDT+0.0100%1h62.130−0.129%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.240+0.048%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.129−0.131%$4K10xas long as short
Lighter DRAM+0.0144%1h62.212+0.003%$961K$1.2M20xas long as short
QFEX DRAM-USD+0.0160%1h62.2100.000%$1.0M$79K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.920−0.466%$535K$95K20xas long as short
OKX DRAM-USDT-SWAP+0.0198%8h62.220+0.016%$5.4M$4.6M50xas long as short
Paradex DRAM-USD-PERP+0.0218%8h62.199−0.018%5xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0233%1h62.190−0.032%$13K$3K20xas long as short
Bitget DRAMUSDTshort+0.0240%8h62.2100.000%$26.3M$12.8M20x
GRVT DRAM_USDT_Perp+0.0244%8h62.108−0.163%$37K$164K10xas long as short
Polymarket Perps DRAM-USD+0.0250%1h62.194−0.026%$266K$1.3M10xas long as short
Gate DRAM_USDT+0.0315%8h62.240+0.048%$8.3M$3.3M75xas long as short
Aster DRAMUSDT+0.0327%8h62.151−0.095%$200K$36K20xas long as short
Entropy io:DRAM+0.0409%1h62.129−0.130%$254K$475K25xas long as short
Variational Omni DRAM+0.0410%8h62.157−0.086%$2.4M$904Kas long as short
Extended DRAM-USD+0.0456%1h62.206−0.006%$75K$767K10xas long as short
MEXC DRAM_USDTlong+0.0457%8h62.210long leg$10.5M$6.6M100x
Binance DRAMUSDT+0.0460%8h62.223+0.022%$44.4M$81.8M50xas long as short
tradeXYZ xyz:DRAM+0.0571%1h62.193−0.027%$81.5M$39.3M20xas long as short
Bybit DRAMUSDT+0.0589%8h62.266+0.090%$9.6M$10.5M100xas long as short
Arcus DRAM-USD+0.0606%1h62.160−0.080%$51K$85K10xas long as short
BloFin DRAM-USDT+0.0785%8h62.240+0.048%$295K$27K20xas long as short
RISEx DRAM/USDC+0.1096%1h62.209−0.001%$454K$478K20xas long as short