Funding you earn now, next payment 08:00 UTC+0.0266%/8h= +29.1% APRnext payment +$2.66 per $10,000 · paid last 24h +0.051%
Price spread now: BloFin against Bybit−0.064%92s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as 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−$340.342% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.064%, 7d avg −0.012%
=Funding pays, the price is against you. BloFin is 0.052% cheaper against Bybit than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of −0.012%). If the spread goes back, that is −$5 on $10k: about 16 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.078% in total) that is about 4.7 days. The two prices were read 92 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 0.078% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.66 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 | Bybit DRAMUSDT | 62.450 | 0.0136 | pay 0.0136% / 8h | 4h 13m | $9.7M | $9.7M | 100x |
| Short | BloFin DRAM-USDT | 62.410 | 0.0402 | get 0.0402% / 8h | 4h 13m | $302K | $26K | 20x |
Bybit DRAMUSDT
BloFin DRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $55.86
- Price spread: −0.064% → −0.012%
- −$5.24
- Slippage, 4 orders
- −$11.23
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $16.39
- Costs to cover
- 0.342%
- Break-even
- 4.9 days
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 21 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 Bybit live order book, 5 min ago | 0.80 bp | 7.2 bp −$7 | 14.0 bp −$140 | 122.7 bp −$12.3K | doesn't fit |
| Sell BloFin live order book, 21 min ago | 1.60 bp | 8.6 bp −$9 | 11.4 bp −$114 | 34.8 bp −$3,479 | 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 | 62.417 | −0.052% | $442K | $501K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.430 | −0.032% | $910 | $2.7M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.400 | −0.080% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.440 | −0.016% | $1.7M | $1.3M | 10x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0010% | 8h | 62.460 | +0.016% | $37K | $173K | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0020% | 1h | 62.395 | −0.088% | $1K | $32K | 5x | as long as short |
| Lighter DRAM | +0.0032% | 1h | 62.389 | −0.098% | $1.0M | $1.1M | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.400 | −0.080% | $49K | $77K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.370 | −0.128% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.396 | −0.086% | $267K | $1.3M | 10x | as long as short |
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
GRVT DRAM_USDT_Perp
Aftermath Perps DRAMUSD
Lighter DRAM
Arcus DRAM-USD
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX DRAM-USD | +0.0050% | 1h | 62.397 | −0.085% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.360 | −0.144% | $1.1M | $2.3M | 10x | as long as short |
| QFEX DRAM-USD | +0.0052% | 1h | 62.410 | −0.064% | $1.0M | $78K | 10x | as long as short |
| edgeX DRAMUSDC | +0.0066% | 4h | 62.390 | −0.097% | $151K | $299K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0077% | 1h | 62.401 | −0.078% | $81.7M | $35.4M | 20x | as long as short |
| Bitget DRAMUSDT | +0.0078% | 8h | 62.430 | −0.032% | $26.2M | $13.4M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0081% | 8h | 62.405 | −0.072% | — | — | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0099% | 8h | 62.440 | −0.016% | $5.5M | $4.5M | 50x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.428 | −0.035% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.390 | −0.096% | $3.0M | $394K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.450 | 0.000% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.420 | −0.048% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.412 | −0.061% | $4K | — | 10x | as long as short |
| Bybit DRAMUSDTlong | +0.0136% | 8h | 62.450 | long leg | $9.7M | $9.7M | 100x | |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.330 | −0.192% | $535K | $75K | 20x | as long as short |
| Entropy io:DRAM | +0.0154% | 1h | 62.401 | −0.078% | $183K | $441K | 25x | as long as short |
| Aster DRAMUSDT | +0.0251% | 8h | 62.423 | −0.043% | $201K | $35K | 20x | as long as short |
| Variational Omni DRAM | +0.0326% | 8h | 62.404 | −0.074% | $2.4M | $747K | — | as long as short |
| Binance DRAMUSDT | +0.0366% | 8h | 62.420 | −0.048% | $44.9M | $80.1M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0367% | 8h | 62.420 | −0.048% | $8.9M | $5.5M | 100x | as long as short |
| Extended DRAM-USD | +0.0368% | 1h | 62.403 | −0.076% | $76K | $622K | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0391% | 1h | 62.400 | −0.080% | $13K | $3K | 20x | as long as short |
| BloFin DRAM-USDTshort | +0.0402% | 8h | 62.410 | −0.064% | $302K | $26K | 20x | |
| Gate DRAM_USDT | +0.0633% | 8h | 62.450 | 0.000% | $8.2M | $3.5M | 75x | as long as short |
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
QFEX DRAM-USD
edgeX DRAMUSDC
tradeXYZ xyz:DRAM
Bitget DRAMUSDT
Paradex DRAM-USD-PERP
OKX DRAM-USDT-SWAP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Coinbase International DRAM-PERP-INTX
Entropy io:DRAM
Aster DRAMUSDT
Variational Omni DRAM
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
Deribit DRAM_USDC-PERPETUAL
Gate DRAM_USDT