DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0326%/8h= −35.7% APRnext payment −$3.26 per $10,000 · paid last 24h −0.027%

Price spread now: Binance against BloFin+0.018%51s7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$310.310% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 2 days (all we have)−0.017%−$2 · spread now +0.018%, 7d avg −0.007%

Together, before fees−0.015%−$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.024% dearer against BloFin than usual: you sell high and buy low (spread +0.018% now, against its 7-day average of −0.007%): +$2 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 6 hours. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.002% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.26 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	BloFin DRAM-USDT	62.240	0.0791	pay 0.0791% / 8h	7h 50m	$295K	$26K	20x
Short	Binance DRAMUSDT	62.251	0.0464	get 0.0464% / 8h	7h 50m	$44.4M	$81.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now +0.018%Rate

Funding earned: −$68.55
Price spread: +0.018% → −0.007%: $2.43
Slippage, 4 orders: −$9.03
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$97.14
Costs to cover: 0.310%
Break-even: never at this rate

Slippage from BloFin: live order book, 16 min ago; Binance: live order book, 7 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 BloFin live order book, 16 min ago	0.81 bp	8.6 bp −$9	13.7 bp −$137	48.7 bp −$4,867	doesn't fit
Sell Binance live order book, 7 min ago	0.81 bp	5.8 bp −$6	8.6 bp −$86	40.6 bp −$4,060	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	62.190	−0.080%	$870	$3.1M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.180	−0.096%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.220	−0.032%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0039%	1h	62.155	−0.137%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.170	−0.112%	—	$201	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.244	+0.006%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.110	−0.209%	$1.2M	$1.7M	10x	as long as short
edgeX DRAMUSDC	+0.0075%	4h	62.216	−0.039%	$151K	$295K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.153	−0.140%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.160	−0.129%	$3.0M	$449K	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	62.200	−0.064%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.270	+0.048%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.179	−0.098%	$4K	—	10x	as long as short
Lighter DRAM	+0.0144%	1h	62.191	−0.079%	$961K	$1.2M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.220	−0.032%	$1.0M	$79K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0180%	1h	62.223	−0.027%	$266K	$1.3M	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.514%	$535K	$95K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0203%	8h	62.270	+0.048%	$5.4M	$4.6M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0216%	8h	62.202	−0.062%	—	—	5x	as long as short
Bitget DRAMUSDT	+0.0257%	8h	62.230	−0.016%	$26.3M	$12.8M	20x	as long as short
Aster DRAMUSDT	+0.0330%	8h	62.154	−0.138%	$200K	$36K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0393%	1h	62.240	0.000%	$13K	$3K	20x	as long as short
Variational Omni DRAM	+0.0419%	8h	62.255	+0.025%	$2.4M	$756K	—	as long as short
Entropy io:DRAM	+0.0426%	1h	62.146	−0.151%	$254K	$475K	25x	as long as short
Gate DRAM_USDT	+0.0460%	8h	62.270	+0.048%	$8.3M	$3.4M	75x	as long as short
MEXC DRAM_USDT	+0.0461%	8h	62.240	0.000%	$10.1M	$6.7M	100x	as long as short
Extended DRAM-USD	+0.0464%	1h	62.248	+0.012%	$75K	$767K	10x	as long as short
Binance DRAMUSDTshort	+0.0464%	8h	62.251	+0.018%	$44.4M	$81.6M	50x
tradeXYZ xyz:DRAM	+0.0514%	1h	62.231	−0.014%	$81.6M	$39.3M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0517%	8h	62.213	−0.043%	$37K	$164K	10x	as long as short
Bybit DRAMUSDT	+0.0553%	8h	62.307	+0.108%	$9.6M	$10.5M	100x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.180	−0.096%	$51K	$84K	10x	as long as short
BloFin DRAM-USDTlong	+0.0791%	8h	62.240	long leg	$295K	$26K	20x
RISEx DRAM/USDC	+0.1096%	1h	62.212	−0.045%	$454K	$478K	20x	as long as short