DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0358%/8h= +39.2% APRnext payment +$3.58 per $10,000 · paid last 24h +0.027%

Price spread now: Binance against OKX+0.011%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$280.280% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.053%+$5 on $10k

Price spread, last 2 days (all we have)−0.016%−$2 · spread now +0.011%, 7d avg −0.007%

Together, before fees+0.037%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$11 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 0.053% in total (about 2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.58 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	OKX DRAM-USDT-SWAP	62.190	0.0222	pay 0.0222% / 8h	6h 15m	$5.5M	$4.5M	50x
Short	Binance DRAMUSDT	62.197	0.0580	get 0.0580% / 8h	6h 15m	$44.6M	$81.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now +0.011%Rate

Funding earned: $75.2
Price spread: +0.011% → −0.007%: $1.83
Slippage, 4 orders: −$8.03
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: $49
Costs to cover: 0.280%
Break-even: 2.4 days

Slippage from OKX: live order book, 2 min ago; Binance: live order book, 12 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 OKX live order book, 2 min ago	1.61 bp	8.3 bp −$8	15.1 bp −$151	106.1 bp −$10.6K	doesn't fit
Sell Binance live order book, 12 min ago	0.80 bp	5.8 bp −$6	9.2 bp −$92	38.1 bp −$3,811	doesn't fit

DRAM on 33 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
SunX DRAM-USDT	0.0000%	8h	62.160	−0.048%	$545	$2.9M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.130	−0.096%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.160	−0.048%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0033%	1h	62.144	−0.073%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.150	−0.064%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.120	−0.113%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.150	−0.064%	$1.0M	$78K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.147	−0.069%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.144	−0.074%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.120	−0.113%	$1.1M	$1.9M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAM	+0.0054%	1h	62.129	−0.098%	$252K	$430K	25x	as long as short
edgeX DRAMUSDC	+0.0079%	4h	62.126	−0.102%	$150K	$297K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.146	−0.071%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.170	−0.032%	$3.0M	$404K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.170	−0.032%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.190	0.000%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.187	−0.004%	$4K	—	10x	as long as short
Lighter DRAM	+0.0144%	1h	62.175	−0.024%	$966K	$1.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.130	−0.096%	$534K	$93K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0164%	8h	62.186	−0.007%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0214%	1h	62.149	−0.066%	$81.8M	$36.8M	20x	as long as short
Bitget DRAMUSDT	+0.0215%	8h	62.200	+0.016%	$26.0M	$13.0M	20x	as long as short
OKX DRAM-USDT-SWAPlong	+0.0222%	8h	62.190	long leg	$5.5M	$4.5M	50x
Deribit DRAM_USDC-PERPETUAL	+0.0233%	1h	62.160	−0.048%	$13K	$3K	20x	as long as short
Bybit DRAMUSDT	+0.0297%	8h	62.229	+0.063%	$9.6M	$10.1M	100x	as long as short
GRVT DRAM_USDT_Perp	+0.0345%	8h	62.153	−0.060%	$36K	$153K	10x	as long as short
Aster DRAMUSDT	+0.0453%	8h	62.179	−0.018%	$200K	$36K	20x	as long as short
Gate DRAM_USDT	+0.0529%	8h	62.200	+0.016%	$8.2M	$3.5M	75x	as long as short
Variational Omni DRAM	+0.0540%	8h	62.173	−0.027%	$2.4M	$709K	—	as long as short
MEXC DRAM_USDT	+0.0580%	8h	62.190	0.000%	$9.7M	$5.9M	100x	as long as short
Binance DRAMUSDTshort	+0.0580%	8h	62.197	+0.011%	$44.6M	$81.9M	50x
Extended DRAM-USD	+0.0584%	1h	62.164	−0.042%	$75K	$669K	10x	as long as short
RISEx DRAM/USDC	+0.0835%	1h	62.172	−0.029%	$447K	$504K	20x	as long as short