DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0385%/8h= −42.2% APRnext payment −$3.85 per $10,000 · paid last 24h +0.009%

Price spread now: Gate against Binance+0.010%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$440.445% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.122%−$12 on $10k

Price spread, last 2 days (all we have)+0.010%+$1 · spread now +0.010%, 7d avg +0.007%

Together, before fees−0.112%−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.122% in total (about -6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.85 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	61.974	0.0385	pay 0.0385% / 8h	22m 15s	$43.7M	$82.3M	50x
Short	Gate DRAM_USDT	61.980	0	get 0.0000% / 8h	22m 15s	$8.3M	$3.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.010%Rate

Funding earned: −$80.94
Price spread: +0.010% → +0.007%: $0.39
Slippage, 4 orders: −$19.47
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$125.02
Costs to cover: 0.445%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; Gate: 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, 5 min ago	0.81 bp	5.8 bp −$6	8.0 bp −$80	29.9 bp −$2,993	doesn't fit
Sell Gate live order book, 1 min ago	2.42 bp	18.7 bp −$19	26.4 bp −$264	30.4 bp −$3,040	60.7 bp −$30.3K

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
Gate DRAM_USDTshort	0.0000%	8h	61.980	+0.010%	$8.3M	$3.5M	75x
SunX DRAM-USDT	0.0000%	8h	61.960	−0.022%	$1K	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.940	−0.054%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.810	−0.264%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0020%	4h	61.951	−0.036%	$153K	$289K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0039%	1h	61.949	−0.040%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.870	−0.167%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.942	−0.051%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.950	−0.038%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.900	−0.119%	$1.2M	$1.8M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0079%	1h	61.930	−0.070%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.959	−0.023%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.930	−0.070%	$3.0M	$473K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.960	−0.022%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.950	−0.038%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.968	−0.009%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0162%	8h	62.000	+0.043%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0166%	8h	61.970	−0.006%	$26.0M	$12.6M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0192%	8h	61.950	−0.038%	—	—	5x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.635%	$510K	$43K	20x	as long as short
Lighter DRAM	+0.0216%	1h	61.954	−0.032%	$977K	$1.2M	20x	as long as short
Aster DRAMUSDT	+0.0250%	8h	61.969	−0.007%	$199K	$36K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0259%	8h	61.970	−0.006%	$36K	$172K	10x	as long as short
Bybit DRAMUSDT	+0.0285%	8h	61.997	+0.038%	$9.3M	$10.5M	100x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.969	−0.007%	$456K	$476K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0302%	1h	61.944	−0.048%	$80.5M	$39.9M	20x	as long as short
Entropy io:DRAM	+0.0320%	1h	61.914	−0.096%	$255K	$493K	25x	as long as short
Variational Omni DRAM	+0.0337%	8h	61.958	−0.025%	$2.4M	$955K	—	as long as short
MEXC DRAM_USDT	+0.0382%	8h	61.970	−0.006%	$11.2M	$6.5M	100x	as long as short
Extended DRAM-USD	+0.0384%	1h	61.962	−0.018%	$77K	$767K	10x	as long as short
Binance DRAMUSDTlong	+0.0385%	8h	61.974	long leg	$43.7M	$82.3M	50x
Deribit DRAM_USDC-PERPETUAL	+0.0557%	1h	61.970	−0.006%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0641%	8h	61.980	+0.010%	$253K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.950	−0.038%	$50K	$90K	10x	as long as short