Funding you earn now, next payment 08:00 UTC+0.0328%/8h= +35.9% APRnext payment +$3.28 per $10,000 · paid last 24h +0.027%
Price spread now: MEXC against OKX−0.048%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$170.169% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 7 days+0.045%+$4 · spread now −0.048%, 7d avg −0.004%
=Funding pays, the price is against you. MEXC is 0.044% cheaper against OKX than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of −0.004%). If the spread goes back, that is −$4 on $10k: about 11 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.053% in total) that is about 5.8 days.
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 2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.28 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 | 62.610 | 0.0236 | pay 0.0236% / 8h | 7h 21m | $5.5M | $4.7M | 50x |
| Short | MEXC DRAM_USDT | 62.580 | 0.0564 | get 0.0564% / 8h | 7h 21m | $9.8M | $6.7M | 100x |
OKX DRAM-USDT-SWAP
MEXC DRAM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $68.83
- Price spread: −0.048% → −0.004%
- −$4.36
- Slippage, 4 orders
- −$6.86
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $47.61
- Costs to cover
- 0.169%
- Break-even
- 2.2 days
Slippage from OKX: live order book, 1 min ago; MEXC: live order book, 2 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, 1 min ago | 0.80 bp | 8.0 bp −$8 | 14.8 bp −$148 | 97.3 bp −$9,727 | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.80 bp | 0.8 bp −$1 | 2.8 bp −$28 | 8.3 bp −$834 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX DRAM-USDT | 0.0000% | 8h | 62.530 | −0.128% | $671 | $3.0M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.410 | −0.319% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.560 | −0.080% | $1.8M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0036% | 1h | 62.441 | −0.270% | $1K | $35K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.530 | −0.128% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.566 | −0.070% | $268K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.545 | −0.104% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.510 | −0.160% | $1.1M | $1.9M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0098% | 4h | 62.468 | −0.227% | $151K | $296K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.586 | −0.039% | $76K | $41K | 10x | as long as short |
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
edgeX DRAMUSDC
Pacifica DRAMShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.510 | −0.160% | $3.0M | $425K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.450 | −0.256% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.590 | −0.032% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.582 | −0.045% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0120% | 1h | 62.570 | −0.064% | $973K | $1.3M | 20x | as long as short |
| QFEX DRAM-USD | +0.0160% | 1h | 62.580 | −0.048% | $1.0M | $78K | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 62.390 | −0.351% | $540K | $96K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0224% | 8h | 62.578 | −0.051% | — | — | 5x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0230% | 1h | 62.550 | −0.096% | $13K | $3K | 20x | as long as short |
| OKX DRAM-USDT-SWAPlong | +0.0236% | 8h | 62.610 | long leg | $5.5M | $4.7M | 50x | |
| tradeXYZ xyz:DRAM | +0.0242% | 1h | 62.552 | −0.093% | $82.2M | $37.5M | 20x | as long as short |
| Aster DRAMUSDT | +0.0442% | 8h | 62.484 | −0.202% | $201K | $36K | 20x | as long as short |
| Bybit DRAMUSDT | +0.0445% | 8h | 62.630 | +0.032% | $9.6M | $10.5M | 100x | as long as short |
| Variational Omni DRAM | +0.0508% | 8h | 62.525 | −0.136% | $2.4M | $750K | — | as long as short |
| Bitget DRAMUSDT | +0.0529% | 8h | 62.590 | −0.032% | $26.2M | $12.9M | 20x | as long as short |
| Entropy io:DRAM | +0.0545% | 1h | 62.451 | −0.254% | $254K | $453K | 25x | as long as short |
| MEXC DRAM_USDTshort | +0.0564% | 8h | 62.580 | −0.048% | $9.8M | $6.7M | 100x | |
| Binance DRAMUSDT | +0.0566% | 8h | 62.593 | −0.027% | $44.7M | $82.2M | 50x | as long as short |
| Extended DRAM-USD | +0.0568% | 1h | 62.571 | −0.063% | $76K | $719K | 10x | as long as short |
| Arcus DRAM-USD | +0.0606% | 1h | 62.490 | −0.192% | $51K | $81K | 10x | as long as short |
| Gate DRAM_USDT | +0.0777% | 8h | 62.600 | −0.016% | $8.3M | $3.5M | 75x | as long as short |
| BloFin DRAM-USDT | +0.0935% | 8h | 62.440 | −0.272% | $298K | $26K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.1008% | 8h | 62.540 | −0.112% | $37K | $156K | 10x | as long as short |
| RISEx DRAM/USDC | +0.1096% | 1h | 62.584 | −0.042% | $462K | $494K | 20x | as long as short |
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Lighter DRAM
QFEX DRAM-USD
Coinbase International DRAM-PERP-INTX
Paradex DRAM-USD-PERP
Deribit DRAM_USDC-PERPETUAL
tradeXYZ xyz:DRAM
Aster DRAMUSDT
Bybit DRAMUSDT
Variational Omni DRAM
Bitget DRAMUSDT
Entropy io:DRAM
Binance DRAMUSDT
Extended DRAM-USD
Arcus DRAM-USD
Gate DRAM_USDT
BloFin DRAM-USDT
GRVT DRAM_USDT_Perp
RISEx DRAM/USDC