DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0745%/8h= −81.6% APRnext payment −$7.45 per $10,000 · paid last 24h −0.054%

Price spread now: OKX against BloFin−0.112%73s7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as 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−$340.343% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 3 days (all we have)+0.112%+$11 · spread now −0.112%, 7d avg −0.003%

Together, before fees+0.061%+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and OKX is 0.109% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.003%). Swap the legs. The two prices were read 73 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 -0.051% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.45 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	62.400	0.0988	pay 0.0988% / 8h	6h 57m	$300K	$26K	20x
Short	OKX DRAM-USDT-SWAP	62.330	0.0243	get 0.0243% / 8h	6h 57m	$5.5M	$4.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.112%Rate

Funding earned: −$156.49
Price spread: −0.112% → −0.003%: −$10.88
Slippage, 4 orders: −$12.29
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$201.65
Costs to cover: 0.343%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; OKX: live order book, 5 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	1.60 bp	10.8 bp −$11	15.2 bp −$152	48.0 bp −$4,796	doesn't fit
Sell OKX live order book, 5 min ago	0.80 bp	7.4 bp −$7	15.3 bp −$153	doesn't fit	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	62.360	−0.064%	$781	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.440	+0.064%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.310	−0.144%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0023%	4h	62.427	+0.043%	$151K	$297K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.379	−0.033%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.400	0.000%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.330	−0.112%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.330	−0.112%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	62.360	−0.064%	$254K	$449K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.349	−0.082%	$267K	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	62.320	−0.128%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.340	−0.096%	$1.2M	$1.8M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0071%	1h	62.340	−0.096%	$13K	$3K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.342	−0.093%	$76K	$42K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.330	−0.112%	$3.0M	$418K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.450	+0.080%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.380	−0.032%	$9K	—	10x	as long as short
Lighter DRAM	+0.0104%	1h	62.319	−0.130%	$968K	$1.0M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.356	−0.070%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.390	−0.016%	$540K	$91K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0157%	1h	62.316	−0.135%	$82.1M	$37.7M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0228%	8h	62.368	−0.052%	—	—	5x	as long as short
OKX DRAM-USDT-SWAPshort	+0.0243%	8h	62.330	−0.112%	$5.5M	$4.7M	50x
Bybit DRAMUSDT	+0.0430%	8h	62.368	−0.051%	$9.6M	$10.4M	100x	as long as short
Aster DRAMUSDT	+0.0511%	8h	62.388	−0.020%	$201K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0576%	8h	62.330	−0.112%	$26.1M	$12.8M	20x	as long as short
Variational Omni DRAM	+0.0600%	8h	62.414	+0.023%	$2.4M	$751K	—	as long as short
Binance DRAMUSDT	+0.0638%	8h	62.329	−0.113%	$44.9M	$82.2M	50x	as long as short
MEXC DRAM_USDT	+0.0639%	8h	62.310	−0.144%	$9.7M	$5.9M	100x	as long as short
Extended DRAM-USD	+0.0640%	1h	62.317	−0.133%	$76K	$665K	10x	as long as short
Gate DRAM_USDT	+0.0804%	8h	62.360	−0.064%	$8.2M	$3.3M	75x	as long as short
RISEx DRAM/USDC	+0.0835%	1h	62.368	−0.052%	$456K	$501K	20x	as long as short
BloFin DRAM-USDTlong	+0.0988%	8h	62.400	long leg	$300K	$26K	20x
GRVT DRAM_USDT_Perp	+0.1063%	8h	62.440	+0.064%	$37K	$152K	10x	as long as short