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 − costs—prices read too far apart to compare
costs, in and out, $10k−$210.206% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DRAM-USDT | 60.900 | 0.0051 | pay 0.0051% / 8h | 10m 12s | $298K | $26K | 20x |
| Short | MEXC DRAM_USDT | 60.880 | 0.0021 | get 0.0021% / 8h | 10m 12s | $8.4M | $5.7M | 100x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 4 min ago | 0.82 bp | 10.8 bp −$11 | 14.4 bp −$144 | 40.1 bp −$4,010 | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.82 bp | 2.0 bp −$2 | 2.4 bp −$24 | 7.3 bp −$725 | 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 | −0.0766% | 8h | 60.930 | +0.049% | $26.6M | $15.2M | 20x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.899 | −0.002% | $195K | $38K | 20x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.860 | −0.065% | $421K | $340K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 60.940 | +0.066% | $8.0M | $3.8M | 75x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.847 | −0.086% | $2.3M | $589K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.887 | −0.022% | $36K | $208K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.880 | −0.033% | $698 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.880 | −0.033% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.900 | 0.000% | $1.7M | $1.3M | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0012% | 8h | 60.890 | −0.016% | $5.4M | $6.0M | 50x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended DRAM-USD | +0.0016% | 1h | 60.871 | −0.047% | $74K | $198K | 10x | as long as short |
| Binance DRAMUSDT | +0.0018% | 8h | 60.880 | −0.033% | $43.8M | $89.1M | 50x | as long as short |
| MEXC DRAM_USDTshort | +0.0021% | 8h | 60.880 | −0.033% | $8.4M | $5.7M | 100x | |
| Bybit DRAMUSDT | +0.0024% | 8h | 60.903 | +0.005% | $9.6M | $10.4M | 100x | as long as short |
| Aftermath Perps DRAMUSD | +0.0039% | 1h | 60.864 | −0.059% | $1K | $29K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.840 | −0.099% | $47K | $67K | 10x | as long as short |
| QFEX DRAM-USD | +0.0040% | 1h | 60.860 | −0.066% | $991K | $84K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.860 | −0.066% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.819 | −0.133% | $179K | $481K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.852 | −0.079% | $253K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.868 | −0.053% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.830 | −0.115% | $1.1M | $3.5M | 10x | as long as short |
| BloFin DRAM-USDTlong | +0.0051% | 8h | 60.900 | long leg | $298K | $26K | 20x | |
| edgeX DRAMUSDC | +0.0059% | 4h | 60.867 | −0.054% | $148K | $300K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0079% | 1h | 60.870 | −0.049% | $13K | $3K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0096% | 8h | 60.838 | −0.102% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.850 | −0.081% | $73K | $34K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.860 | −0.066% | $3.0M | $421K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.880 | −0.033% | $21K | $183K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.880 | −0.033% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.876 | −0.040% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0176% | 1h | 60.940 | +0.066% | $523K | $75K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0180% | 1h | 60.847 | −0.087% | $78.7M | $35.9M | 20x | as long as short |
| Lighter DRAM | +0.0360% | 1h | 60.904 | +0.007% | $1.1M | $1.2M | 20x | as long as short |
BloFin DRAM-USDT
MEXC DRAM_USDT
Bitget DRAMUSDT
Aster DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
Variational Omni DRAM
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
OKX DRAM-USDT-SWAP
Extended DRAM-USD
Binance DRAMUSDT
Bybit DRAMUSDT
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
edgeX DRAMUSDC
Deribit DRAM_USDC-PERPETUAL
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Coinbase International DRAM-PERP-INTX
tradeXYZ xyz:DRAM
Lighter DRAM