Funding you earn now, next payment 08:00 UTC−0.0157%/8h= −17.2% APRnext payment −$1.57 per $10,000 · paid last 24h −0.021%
Price spread now: Bybit against Binance+0.015%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$270.272% of the position
Funding, last 7 days−0.079%−$8 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now +0.015%, 7d avg +0.012%
=The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DRAMUSDT | 61.004 | 0.0171 | pay 0.0171% / 8h | 2h 27m | $43.7M | $85.3M | 50x |
| Short | Bybit DRAMUSDT | 61.013 | 0.0014 | get 0.0014% / 8h | 2h 27m | $9.4M | $10.2M | 100x |
Binance DRAMUSDT
Bybit DRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$32.98
- Price spread: +0.015% → +0.012%
- $0.28
- Slippage, 4 orders
- −$6.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$59.87
- Costs to cover
- 0.272%
- Break-even
- never at this rate
Slippage from Binance: live order book, just now; Bybit: live order book, 1 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, just now | 0.82 bp | 5.8 bp −$6 | 9.1 bp −$91 | 39.7 bp −$3,971 | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.82 bp | 8.0 bp −$8 | 14.5 bp −$145 | 111.5 bp −$11.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0385% | 8h | 61.000 | −0.007% | $25.8M | $14.0M | 20x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.913 | −0.149% | $422K | $507K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.140 | +0.223% | $36K | $194K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.930 | −0.121% | $601 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.950 | −0.089% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.050 | +0.075% | $1.7M | $1.3M | 10x | as long as short |
| Bybit DRAMUSDTshort | +0.0014% | 8h | 61.013 | +0.015% | $9.4M | $10.2M | 100x | |
| Aftermath Perps DRAMUSD | +0.0024% | 1h | 61.076 | +0.118% | $1K | $31K | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0033% | 8h | 61.030 | +0.043% | $5.4M | $5.3M | 50x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.030 | +0.043% | $48K | $75K | 10x | as long as short |
Bitget DRAMUSDT
RISEx DRAM/USDC
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
OKX DRAM-USDT-SWAP
Arcus DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.940 | −0.105% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0050% | 1h | 60.910 | −0.154% | $992K | $84K | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 61.013 | +0.015% | $168K | $469K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.905 | −0.162% | $256K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.946 | −0.095% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.870 | −0.220% | $1.1M | $3.1M | 10x | as long as short |
| Aster DRAMUSDT | +0.0062% | 8h | 61.019 | +0.024% | $196K | $35K | 20x | as long as short |
| edgeX DRAMUSDC | +0.0071% | 4h | 61.119 | +0.188% | $148K | $297K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0078% | 1h | 60.910 | −0.154% | $13K | $3K | 20x | as long as short |
| Gate DRAM_USDT | +0.0086% | 8h | 60.990 | −0.023% | $8.0M | $3.7M | 75x | as long as short |
| Paradex DRAM-USD-PERP | +0.0100% | 8h | 60.946 | −0.095% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.948 | −0.092% | $73K | $49K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.910 | −0.154% | $3.0M | $405K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.070 | +0.108% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.920 | −0.138% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.936 | −0.111% | $4K | — | 10x | as long as short |
| Variational Omni DRAM | +0.0122% | 8h | 61.116 | +0.183% | $2.3M | $676K | — | as long as short |
| tradeXYZ xyz:DRAM | +0.0125% | 1h | 60.906 | −0.161% | $78.9M | $35.9M | 20x | as long as short |
| BloFin DRAM-USDT | +0.0130% | 8h | 60.980 | −0.039% | $300K | $26K | 20x | as long as short |
| Extended DRAM-USD | +0.0168% | 1h | 60.921 | −0.137% | $76K | $191K | 10x | as long as short |
| Binance DRAMUSDTlong | +0.0171% | 8h | 61.004 | long leg | $43.7M | $85.3M | 50x | |
| MEXC DRAM_USDT | +0.0172% | 8h | 60.990 | −0.023% | $8.1M | $5.6M | 100x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 61.060 | +0.092% | $524K | $74K | 20x | as long as short |
| Lighter DRAM | +0.0200% | 1h | 61.023 | +0.031% | $1.1M | $1.2M | 20x | as long as short |
Vest DRAM-USD-PERP
QFEX DRAM-USD
Entropy io:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
Aster DRAMUSDT
edgeX DRAMUSDC
Deribit DRAM_USDC-PERPETUAL
Gate DRAM_USDT
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Variational Omni DRAM
tradeXYZ xyz:DRAM
BloFin DRAM-USDT
Extended DRAM-USD
MEXC DRAM_USDT
Coinbase International DRAM-PERP-INTX
Lighter DRAM