DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0178%/8h= −19.5% APRnext payment −$1.78 per $10,000 · paid last 24h −0.051%

Price spread now: Bybit against BloFin−0.065%72s7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as 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−$360.359% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.078%−$8 on $10k

Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.065%, 7d avg +0.011%

Together, before fees−0.003%$0 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.076% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.011%). Swap the legs. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin DRAM-USDT	61.760	0.0238	pay 0.0238% / 8h	2h 50m	$300K	$26K	20x
Short	Bybit DRAMUSDT	61.720	0.0060	get 0.0060% / 8h	2h 50m	$9.5M	$10.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.065%Rate

Funding earned: −$37.48
Price spread: −0.065% → +0.011%: −$7.58
Slippage, 4 orders: −$12.9
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$80.97
Costs to cover: 0.359%
Break-even: never at this rate

Slippage from BloFin: live order book, 39 min ago; Bybit: live order book, 3 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, 39 min ago	2.42 bp	10.9 bp −$11	15.6 bp −$156	41.5 bp −$4,146	doesn't fit
Sell Bybit live order book, 3 min ago	0.81 bp	7.5 bp −$8	11.8 bp −$118	104.4 bp −$10.4K	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
RISEx DRAM/USDC	0.0000%	1h	61.706	−0.087%	$434K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.700	−0.097%	$26.0M	$13.9M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.711	−0.079%	$36K	$191K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.710	−0.081%	$842	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.690	−0.113%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.680	−0.130%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0025%	1h	61.659	−0.164%	$1K	$31K	5x	as long as short
edgeX DRAMUSDC	+0.0030%	4h	61.687	−0.118%	$149K	$298K	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.670	−0.146%	$48K	$76K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.670	−0.146%	—	—	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	+0.0050%	1h	61.700	−0.097%	$1.0M	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.684	−0.123%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.685	−0.121%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.650	−0.178%	$1.1M	$2.6M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0058%	8h	61.710	−0.081%	$5.4M	$4.7M	50x	as long as short
Bybit DRAMUSDTshort	+0.0060%	8h	61.720	−0.065%	$9.5M	$10.0M	100x
Entropy io:DRAM	+0.0086%	1h	61.648	−0.181%	$170K	$466K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	61.666	−0.152%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.670	−0.146%	$3.0M	$401K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.730	−0.049%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.700	−0.097%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.693	−0.109%	$4K	—	10x	as long as short
Aster DRAMUSDT	+0.0110%	8h	61.695	−0.106%	$198K	$35K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0114%	8h	61.696	−0.104%	—	—	5x	as long as short
Variational Omni DRAM	+0.0167%	8h	61.714	−0.074%	$2.4M	$618K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.510	−0.405%	$528K	$74K	20x	as long as short
Binance DRAMUSDT	+0.0222%	8h	61.690	−0.113%	$44.3M	$83.3M	50x	as long as short
MEXC DRAM_USDT	+0.0223%	8h	61.680	−0.130%	$9.0M	$5.5M	100x	as long as short
Extended DRAM-USD	+0.0224%	1h	61.663	−0.156%	$74K	$238K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0237%	1h	61.690	−0.113%	$13K	$3K	20x	as long as short
BloFin DRAM-USDTlong	+0.0238%	8h	61.760	long leg	$300K	$26K	20x
Gate DRAM_USDT	+0.0255%	8h	61.730	−0.049%	$8.1M	$3.6M	75x	as long as short
tradeXYZ xyz:DRAM	+0.0260%	1h	61.681	−0.128%	$80.1M	$35.6M	20x	as long as short
Lighter DRAM	+0.0304%	1h	61.703	−0.092%	$1.1M	$1.2M	20x	as long as short