Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment $0.30 per $10,000 · paid last 24h −0.029%
Price spread now: MEXC against BloFin−0.033%64s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$210.206% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.033%, 7d avg −0.013%
Together, before fees+0.036%+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.020% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.013%). Swap the legs. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DRAM-USDT60.9000.0051pay 0.0051% / 8h10m 12s$298K$26K20x
ShortMEXC DRAM_USDT60.8800.0021get 0.0021% / 8h10m 12s$8.4M$5.7M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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

Funding earned
−$6.39
Price spread: −0.033% → −0.013%
−$2
Slippage, 4 orders
−$8.6
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$28.99
Costs to cover
0.206%
Break-even
never at this rate
Slippage from BloFin: live order book, 4 min ago; MEXC: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 4 min ago0.82 bp10.8 bp −$1114.4 bp −$14440.1 bp −$4,010doesn't fit
Sell MEXC live order book, 3 min ago0.82 bp2.0 bp −$22.4 bp −$247.3 bp −$725doesn't fit

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DRAMUSDT−0.0766%8h60.930+0.049%$26.6M$15.2M20xas long as short
Aster DRAMUSDT0.0000%8h60.899−0.002%$195K$38K20xas long as short
RISEx DRAM/USDC0.0000%1h60.860−0.065%$421K$340K20xas long as short
Gate DRAM_USDT0.0000%8h60.940+0.066%$8.0M$3.8M75xas long as short
Variational Omni DRAM0.0000%8h60.847−0.086%$2.3M$589Kas long as short
GRVT DRAM_USDT_Perp0.0000%8h60.887−0.022%$36K$208K10xas long as short
SunX DRAM-USDT0.0000%8h60.880−0.033%$698$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h60.880−0.033%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h60.9000.000%$1.7M$1.3M10xas long as short
OKX DRAM-USDT-SWAP+0.0012%8h60.890−0.016%$5.4M$6.0M50xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended DRAM-USD+0.0016%1h60.871−0.047%$74K$198K10xas long as short
Binance DRAMUSDT+0.0018%8h60.880−0.033%$43.8M$89.1M50xas long as short
MEXC DRAM_USDTshort+0.0021%8h60.880−0.033%$8.4M$5.7M100x
Bybit DRAMUSDT+0.0024%8h60.903+0.005%$9.6M$10.4M100xas long as short
Aftermath Perps DRAMUSD+0.0039%1h60.864−0.059%$1K$29K5xas long as short
Arcus DRAM-USD+0.0040%1h60.840−0.099%$47K$67K10xas long as short
QFEX DRAM-USD+0.0040%1h60.860−0.066%$991K$84K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.860−0.066%10xas long as short
Entropy io:DRAM+0.0050%1h60.819−0.133%$179K$481K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h60.852−0.079%$253K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h60.868−0.053%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.830−0.115%$1.1M$3.5M10xas long as short
BloFin DRAM-USDTlong+0.0051%8h60.900long leg$298K$26K20x
edgeX DRAMUSDC+0.0059%4h60.867−0.054%$148K$300K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0079%1h60.870−0.049%$13K$3K20xas long as short
Paradex DRAM-USD-PERP+0.0096%8h60.838−0.102%5xas long as short
Pacifica DRAM+0.0100%1h60.850−0.081%$73K$34K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h60.860−0.066%$3.0M$421K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h60.880−0.033%$21K$183K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h60.880−0.033%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h60.876−0.040%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0176%1h60.940+0.066%$523K$75K20xas long as short
tradeXYZ xyz:DRAM+0.0180%1h60.847−0.087%$78.7M$35.9M20xas long as short
Lighter DRAM+0.0360%1h60.904+0.007%$1.1M$1.2M20xas long as short