Funding you earn now, next payment 08:00 UTC−0.0243%/8h= −26.6% APRnext payment −$2.43 per $10,000 · paid last 24h −0.050%
Price spread now: Bitget against Binance−0.017%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$280.280% of the position
Funding, last 7 days−0.065%−$7 on $10k
+Price spread, last 2 days (all we have)+0.054%+$5 · spread now −0.017%, 7d avg +0.012%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.029% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.012%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.065% in total (about -3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.43 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 | Binance DRAMUSDT | 62.240 | 0.0454 | pay 0.0454% / 8h | 7h 54m | $44.3M | $82.4M | 50x |
| Short | Bitget DRAMUSDT | 62.230 | 0.0211 | get 0.0211% / 8h | 7h 54m | $26.3M | $12.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$51.1
- Price spread: −0.017% → +0.012%
- −$2.86
- Slippage, 4 orders
- −$5.96
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$81.93
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Bitget: live order book, 4 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 Binance live order book, 3 min ago | 0.81 bp | 6.4 bp −$6 | 9.3 bp −$93 | 35.2 bp −$3,521 | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.81 bp | 8.2 bp −$8 | 13.4 bp −$134 | 42.2 bp −$4,225 | 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 | 62.210 | −0.049% | $944 | $3.1M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.140 | −0.161% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.200 | −0.065% | $1.8M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0037% | 4h | 62.079 | −0.260% | $150K | $295K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0040% | 1h | 62.041 | −0.320% | $1K | $36K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.160 | −0.129% | — | $601 | 10x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.140 | −0.161% | $1.2M | $1.8M | 10x | as long as short |
| Gate DRAM_USDT | +0.0071% | 8h | 62.230 | −0.017% | $8.3M | $3.3M | 75x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.154 | −0.139% | $76K | $40K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.160 | −0.129% | $3.0M | $458K | 20x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.130 | −0.177% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.180 | −0.097% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.138 | −0.164% | $4K | — | 10x | as long as short |
| SoDEX DRAM-USD | +0.0129% | 1h | 62.193 | −0.076% | $2K | $15K | 20x | as long as short |
| QFEX DRAM-USD | +0.0160% | 1h | 62.200 | −0.065% | $1.0M | $79K | 10x | as long as short |
| Lighter DRAM | +0.0168% | 1h | 62.198 | −0.068% | $972K | $1.2M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 61.920 | −0.515% | $535K | $95K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0196% | 8h | 62.260 | +0.032% | $5.4M | $4.6M | 50x | as long as short |
| Bitget DRAMUSDTshort | +0.0211% | 8h | 62.230 | −0.017% | $26.3M | $12.9M | 20x | |
| Paradex DRAM-USD-PERP | +0.0219% | 8h | 62.203 | −0.060% | — | — | 5x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0233% | 1h | 62.190 | −0.081% | $13K | $3K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0244% | 8h | 62.108 | −0.212% | $37K | $164K | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0288% | 1h | 62.125 | −0.185% | $266K | $1.3M | 10x | as long as short |
| Aster DRAMUSDT | +0.0321% | 8h | 62.178 | −0.101% | $200K | $36K | 20x | as long as short |
| Entropy io:DRAM | +0.0392% | 1h | 62.123 | −0.188% | $254K | $475K | 25x | as long as short |
| Variational Omni DRAM | +0.0410% | 8h | 62.157 | −0.134% | $2.4M | $904K | — | as long as short |
| MEXC DRAM_USDT | +0.0453% | 8h | 62.230 | −0.017% | $10.5M | $6.6M | 100x | as long as short |
| Binance DRAMUSDTlong | +0.0454% | 8h | 62.240 | long leg | $44.3M | $82.4M | 50x | |
| Extended DRAM-USD | +0.0456% | 1h | 62.226 | −0.023% | $75K | $767K | 10x | as long as short |
| Bybit DRAMUSDT | +0.0597% | 8h | 62.306 | +0.106% | $9.6M | $10.6M | 100x | as long as short |
| Arcus DRAM-USD | +0.0606% | 1h | 62.070 | −0.274% | $51K | $86K | 10x | as long as short |
| BloFin DRAM-USDT | +0.0760% | 8h | 62.200 | −0.065% | $295K | $27K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0789% | 1h | 62.153 | −0.140% | $81.3M | $39.2M | 20x | as long as short |
| RISEx DRAM/USDC | +0.1096% | 1h | 62.215 | −0.041% | $454K | $478K | 20x | as long as short |
Binance DRAMUSDT
Bitget DRAMUSDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Gate DRAM_USDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
SoDEX DRAM-USD
Lighter DRAM
Coinbase International DRAM-PERP-INTX
OKX DRAM-USDT-SWAP
Paradex DRAM-USD-PERP
Deribit DRAM_USDC-PERPETUAL
GRVT DRAM_USDT_Perp
Polymarket Perps DRAM-USD
Aster DRAMUSDT
Variational Omni DRAM
MEXC DRAM_USDT
Extended DRAM-USD
Bybit DRAMUSDT
BloFin DRAM-USDT
tradeXYZ xyz:DRAM
RISEx DRAM/USDC