DRAM

Alert: funding

Alert: spread

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

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

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%

Together, before fees−0.012%−$1 on $10k · with fees, hour by hour

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 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 −0.017%Rate

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