DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0187%/8h= +20.5% APRnext payment +$1.87 per $10,000 · paid last 24h +0.021%

Price spread now: MEXC against Bybit−0.005%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$170.166% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.079%+$8 on $10k

Price spread, last 7 days+0.017%+$2 · spread now −0.005%, 7d avg −0.020%

Together, before fees+0.096%+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.079% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.87 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	61.773	0.0072	pay 0.0072% / 8h	3h 17m	$9.6M	$9.9M	100x
Short	MEXC DRAM_USDT	61.770	0.0259	get 0.0259% / 8h	3h 17m	$8.2M	$5.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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 BybitbpFee MEXCbpOrdersPrice spread, now −0.005%Rate

Funding earned: $39.33
Price spread: −0.005% → −0.020%: $1.53
Slippage, 4 orders: −$5.64
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 0 bp × 2 orders: $0
Net: $24.21
Costs to cover: 0.166%
Break-even: 2.7 days

Slippage from Bybit: live order book, 6 min ago; MEXC: 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 Bybit live order book, 6 min ago	0.81 bp	7.7 bp −$8	15.6 bp −$156	156.1 bp −$15.6K	doesn't fit
Sell MEXC live order book, 5 min ago	0.81 bp	0.8 bp −$1	1.7 bp −$17	6.8 bp −$680	22.3 bp −$11.2K

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	61.770	−0.005%	$435K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.800	+0.044%	$26.0M	$13.7M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.880	+0.173%	$36K	$187K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.730	−0.070%	$816	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.780	+0.011%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.750	−0.037%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0023%	1h	61.772	−0.001%	$1K	$31K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.770	−0.005%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.760	−0.021%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.740	−0.053%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAM	+0.0050%	1h	61.752	−0.034%	$172K	$461K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.739	−0.055%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.725	−0.078%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.670	−0.167%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0056%	8h	61.790	+0.028%	$5.4M	$4.6M	50x	as long as short
edgeX DRAMUSDC	+0.0063%	4h	61.879	+0.172%	$150K	$298K	20x	as long as short
Bybit DRAMUSDTlong	+0.0072%	8h	61.773	long leg	$9.6M	$9.9M	100x
Deribit DRAM_USDC-PERPETUAL	+0.0074%	1h	61.720	−0.086%	$13K	$3K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.750	−0.038%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.730	−0.070%	$3.0M	$398K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.800	+0.044%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.760	−0.021%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.736	−0.060%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.546%	$533K	$75K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0107%	8h	61.740	−0.053%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0129%	1h	61.740	−0.053%	$80.3M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0168%	8h	61.753	−0.032%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0200%	1h	61.773	0.000%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0204%	8h	61.884	+0.180%	$2.4M	$739K	—	as long as short
BloFin DRAM-USDT	+0.0242%	8h	61.780	+0.011%	$299K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0255%	8h	61.766	−0.011%	$44.3M	$81.6M	50x	as long as short
Extended DRAM-USD	+0.0256%	1h	61.753	−0.033%	$75K	$239K	10x	as long as short
MEXC DRAM_USDTshort	+0.0259%	8h	61.770	−0.005%	$8.2M	$5.6M	100x
Gate DRAM_USDT	+0.0401%	8h	61.810	+0.060%	$8.1M	$3.6M	75x	as long as short