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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.016%
Price spread now: KuCoin against MEXC−0.149%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$600.596% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 7 days+0.125%+$13 · spread now −0.149%, 7d avg −0.038%
Together, before fees+0.145%+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.111% cheaper against MEXC than usual: you would sell low and buy high (spread −0.149% now, against its 7-day average of −0.038%). If the spread goes back, that is −$11 on $10k: about 3.7 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.020% in total) that is about 39 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC DRAM_USDT60.4100get 0.0000% / 8h7h 19m$8.4M$5.4M100x
ShortKuCoin DRAMUSDTM60.3200.0100get 0.0100% / 8h7h 19m$2.9M$398K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.149% → −0.038%
−$11.07
Slippage, 4 orders
−$47.63
Fee MEXC: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$49.7
Costs to cover
0.596%
Break-even
23.6 days
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 7 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, 3 min ago0.83 bp0.8 bp −$10.8 bp −$86.2 bp −$620doesn't fit
Sell KuCoin live order book, 7 min ago0.83 bp23.2 bp −$23doesn't fitdoesn't fitdoesn'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
Bitget DRAMUSDT−0.0538%8h60.440+0.050%$26.4M$15.2M20xas long as short
Aster DRAMUSDT0.0000%8h60.4100.000%$193K$26K20xas long as short
Extended DRAM-USD0.0000%1h60.374−0.059%$75K$248K10xas long as short
Binance DRAMUSDT0.0000%8h60.429+0.031%$43.7M$91.5M50xas long as short
RISEx DRAM/USDC0.0000%1h60.374−0.060%$416K$337K20xas long as short
Gate DRAM_USDT0.0000%8h60.420+0.017%$7.9M$3.7M75xas long as short
MEXC DRAM_USDTlong0.0000%8h60.410long leg$8.4M$5.4M100x
Variational Omni DRAM0.0000%8h60.406−0.006%$2.2M$688Kas long as short
GRVT DRAM_USDT_Perp0.0000%8h60.230−0.298%$36K$210K10xas long as short
SunX DRAM-USDT0.0000%8h60.380−0.050%$716$2.5M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX DRAM-USDT0.0000%8h60.370−0.066%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h60.390−0.033%$1.7M$1.3M10xas long as short
OKX DRAM-USDT-SWAP+0.0020%8h60.440+0.050%$5.4M$6.3M50xas long as short
Arcus DRAM-USD+0.0040%1h60.380−0.050%$47K$67K10xas long as short
Aftermath Perps DRAMUSD+0.0041%1h60.250−0.264%$1K$29K5xas long as short
edgeX DRAMUSDC+0.0043%4h60.225−0.307%$146K$299K20xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.340−0.116%10xas long as short
Entropy io:DRAM+0.0050%1h60.328−0.136%$162K$504K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h60.367−0.071%$251K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h60.385−0.041%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.300−0.182%$1.1M$3.5M10xas long as short
QFEX DRAM-USD+0.0053%1h60.300−0.182%$983K$91K10xas long as short
BloFin DRAM-USDT+0.0060%8h60.360−0.083%$301K$26K20xas long as short
Bybit DRAMUSDT+0.0069%8h60.450+0.066%$9.6M$10.5M100xas long as short
Pacifica DRAM+0.0100%1h60.316−0.156%$72K$30K10xas long as short
KuCoin DRAMUSDTMshort+0.0100%8h60.320−0.149%$2.9M$398K20x
ApeX Omni DRAMUSDT+0.0100%1h60.250−0.265%$21K$183K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h60.360−0.083%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h60.354−0.092%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0128%8h60.389−0.035%5xas long as short
tradeXYZ xyz:DRAM+0.0201%1h60.4100.000%$78.4M$35.9M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0248%1h60.100−0.513%$527K$87K20xas long as short
Lighter DRAM+0.0304%1h60.440+0.050%$1.1M$1.2M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0413%1h60.360−0.083%$12K$3K20xas long as short