Funding you earn now, next payment 08:00 UTC−0.0295%/8h= −32.3% APRnext payment −$2.95 per $10,000 · paid last 24h −0.050%
Price spread now: SunX against Bybit−0.064%7-day average −0.021% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 3 days (all we have)+0.049%+$5 · spread now −0.064%, 7d avg −0.021%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and SunX is 0.043% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.101% in total (about -5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.95 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 | 62.200 | 0.0295 | pay 0.0295% / 8h | 6h 15m | $9.6M | $10.1M | 100x |
| Short | SunX DRAM-USDT | 62.160 | 0 | get 0.0000% / 8h | 6h 15m | $545 | $2.9M | 10x |
Bybit DRAMUSDT
SunX DRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$62.04
- Price spread: −0.064% → −0.021%
- −$4.28
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$85.32
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; SunX: live order book, 12 min ago. Net counts fees only.
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, 2 min ago | 0.80 bp | 8.2 bp −$8 | 14.9 bp −$149 | 128.6 bp −$12.9K | doesn't fit |
| Sell SunX live order book, 12 min ago | 45.79 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
DRAM on 33 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-USDTshort | 0.0000% | 8h | 62.160 | −0.064% | $545 | $2.9M | 10x | |
| HTX DRAM-USDT | 0.0000% | 8h | 62.130 | −0.113% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.160 | −0.064% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0033% | 1h | 62.144 | −0.090% | $1K | $34K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.150 | −0.080% | $51K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.120 | −0.129% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0046% | 1h | 62.150 | −0.080% | $1.0M | $78K | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.147 | −0.085% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.144 | −0.090% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.100 | −0.161% | $1.1M | $1.9M | 10x | as long as short |
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
Vest DRAM-USD-PERP
QFEX DRAM-USD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.PShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:DRAM | +0.0053% | 1h | 62.130 | −0.113% | $252K | $430K | 25x | as long as short |
| edgeX DRAMUSDC | +0.0079% | 4h | 62.126 | −0.118% | $150K | $297K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.139 | −0.098% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.150 | −0.080% | $3.0M | $404K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.170 | −0.048% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.190 | −0.016% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.187 | −0.020% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0144% | 1h | 62.153 | −0.076% | $966K | $1.0M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.130 | −0.113% | $534K | $93K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0165% | 8h | 62.171 | −0.046% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0213% | 1h | 62.146 | −0.087% | $81.8M | $36.8M | 20x | as long as short |
| Bitget DRAMUSDT | +0.0221% | 8h | 62.190 | −0.016% | $26.0M | $13.0M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0222% | 8h | 62.140 | −0.096% | $5.5M | $4.5M | 50x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0233% | 1h | 62.160 | −0.064% | $13K | $3K | 20x | as long as short |
| Bybit DRAMUSDTlong | +0.0295% | 8h | 62.200 | long leg | $9.6M | $10.1M | 100x | |
| GRVT DRAM_USDT_Perp | +0.0345% | 8h | 62.153 | −0.076% | $36K | $153K | 10x | as long as short |
| Aster DRAMUSDT | +0.0453% | 8h | 62.182 | −0.029% | $200K | $36K | 20x | as long as short |
| Gate DRAM_USDT | +0.0529% | 8h | 62.200 | 0.000% | $8.2M | $3.5M | 75x | as long as short |
| Variational Omni DRAM | +0.0540% | 8h | 62.173 | −0.043% | $2.4M | $709K | — | as long as short |
| Binance DRAMUSDT | +0.0581% | 8h | 62.181 | −0.030% | $44.6M | $81.9M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0581% | 8h | 62.180 | −0.032% | $9.6M | $5.9M | 100x | as long as short |
| Extended DRAM-USD | +0.0584% | 1h | 62.164 | −0.058% | $75K | $669K | 10x | as long as short |
| RISEx DRAM/USDC | +0.0835% | 1h | 62.163 | −0.059% | $447K | $504K | 20x | as long as short |
Entropy io:DRAM
edgeX DRAMUSDC
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Lighter DRAM
Coinbase International DRAM-PERP-INTX
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
Bitget DRAMUSDT
OKX DRAM-USDT-SWAP
Deribit DRAM_USDC-PERPETUAL
GRVT DRAM_USDT_Perp
Aster DRAMUSDT
Gate DRAM_USDT
Variational Omni DRAM
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
RISEx DRAM/USDC