DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0471%/8h= −51.6% APRnext payment −$4.71 per $10,000 · paid last 24h −0.052%

Price spread now: Bitget against Binance+0.033%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

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

costs, in and out, $10k−$280.284% of the position

Long on Binance Short on Bitget

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−0.039%−$4 · spread now +0.033%, 7d avg +0.004%

Together, before fees−0.110%−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.029% dearer against Binance than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of +0.004%): +$3 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.071% in total) that is about 2.8 days.

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 −$4.71 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	61.110	0.0178	pay 0.0178% / 8h	2h 31m	$43.8M	$84.8M	50x
Short	Bitget DRAMUSDT	61.130	−0.0293	pay 0.0293% / 8h	2h 31m	$25.8M	$13.9M	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 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 BinancebpFee BitgetbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$98.97
Price spread: +0.033% → +0.004%: $2.87
Slippage, 4 orders: −$6.38
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$124.48
Costs to cover: 0.284%
Break-even: never at this rate

Slippage from Binance: live order book, 11 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 11 min ago	0.81 bp	5.8 bp −$6	7.9 bp −$79	33.4 bp −$3,336	doesn't fit
Sell Bitget live order book, 2 min ago	1.64 bp	8.1 bp −$8	15.5 bp −$155	35.0 bp −$3,499	82.8 bp −$41.4K

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
Bitget DRAMUSDTshort	−0.0293%	8h	61.130	+0.033%	$25.8M	$13.9M	20x
RISEx DRAM/USDC	0.0000%	1h	61.102	−0.012%	$423K	$507K	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.303	+0.316%	$36K	$191K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.070	−0.065%	$526	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.170	+0.098%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.160	+0.082%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0021%	8h	61.119	+0.015%	$9.4M	$10.1M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.184	+0.122%	$1K	$31K	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0037%	8h	61.120	+0.016%	$5.4M	$5.3M	50x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.110	0.000%	$48K	$75K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.070	−0.065%	—	—	10x	as long as short
edgeX DRAMUSDC	+0.0048%	4h	61.260	+0.246%	$149K	$298K	20x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.080	−0.049%	$995K	$84K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.120	+0.016%	$169K	$468K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.053	−0.093%	$256K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.056	−0.088%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.020	−0.147%	$1.1M	$3.0M	10x	as long as short
Aster DRAMUSDT	+0.0071%	8h	61.126	+0.027%	$197K	$35K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.098	−0.020%	$73K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.080	−0.049%	$3.0M	$404K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.210	+0.164%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.070	−0.065%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0101%	8h	61.091	−0.031%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.075	−0.058%	$4K	—	10x	as long as short
Gate DRAM_USDT	+0.0116%	8h	61.130	+0.033%	$8.0M	$3.6M	75x	as long as short
Variational Omni DRAM	+0.0133%	8h	61.216	+0.173%	$2.3M	$676K	—	as long as short
tradeXYZ xyz:DRAM	+0.0135%	1h	61.060	−0.082%	$79.1M	$35.8M	20x	as long as short
BloFin DRAM-USDT	+0.0163%	8h	61.140	+0.049%	$301K	$26K	20x	as long as short
Binance DRAMUSDTlong	+0.0178%	8h	61.110	long leg	$43.8M	$84.8M	50x
MEXC DRAM_USDT	+0.0180%	8h	61.100	−0.016%	$8.1M	$5.6M	100x	as long as short
Extended DRAM-USD	+0.0184%	1h	61.108	−0.004%	$76K	$191K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.150	+0.065%	$525K	$74K	20x	as long as short
Lighter DRAM	+0.0200%	1h	61.112	+0.003%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0241%	1h	61.070	−0.065%	$13K	$3K	20x	as long as short