Funding you earn now, next payment 12:00 UTC−0.0091%/8h= −9.9% APRpaid last 24h +0.012%
Price spread now: Bybit against edgeX−0.029%91s7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as 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−$320.316% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)−0.005%−$1 · spread now −0.029%, 7d avg +0.025%
=Together, before fees−0.013%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.054% cheaper against edgeX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.025%). Swap the legs. The two prices were read 91 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 | edgeX DRAMUSDC | 60.147 | 0.0091 | pay 0.0045% / 4h | 3h 28m | $146K | $300K | 20x |
| Short | Bybit DRAMUSDT | 60.129 | 0 | get 0.0000% / 8h | 7h 28m | $9.5M | $10.5M | 100x |
edgeX DRAMUSDC
Bybit DRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against edgeX. 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
- −$19.06
- Price spread: −0.029% → +0.025%
- −$5.44
- Slippage, 4 orders
- −$11.64
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$56.15
- Costs to cover
- 0.316%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 5 min ago; Bybit: 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 edgeX live order book, 5 min ago | 2.49 bp | 7.5 bp −$8 | 16.2 bp −$162 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.83 bp | 8.6 bp −$9 | 17.1 bp −$171 | 95.7 bp −$9,571 | 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 | −0.0601% | 8h | 60.120 | −0.044% | $26.2M | $15.2M | 20x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.089 | −0.095% | $192K | $39K | 20x | as long as short |
| Extended DRAM-USD | 0.0000% | 1h | 60.095 | −0.087% | $75K | $216K | 10x | as long as short |
| Binance DRAMUSDT | 0.0000% | 8h | 60.111 | −0.059% | $43.2M | $91.1M | 50x | as long as short |
| Bybit DRAMUSDTshort | 0.0000% | 8h | 60.129 | −0.029% | $9.5M | $10.5M | 100x | |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.052 | −0.157% | $415K | $335K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 60.100 | −0.077% | $7.8M | $3.7M | 75x | as long as short |
| MEXC DRAM_USDT | 0.0000% | 8h | 60.080 | −0.111% | $8.3M | $5.4M | 100x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.175 | +0.047% | $2.2M | $647K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.180 | +0.056% | $36K | $210K | 10x | as long as short |
Bitget DRAMUSDT
Aster DRAMUSDT
Extended DRAM-USD
Binance DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
MEXC DRAM_USDT
Variational Omni DRAM
GRVT DRAM_USDT_PerpShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX DRAM-USDT | 0.0000% | 8h | 60.060 | −0.144% | $769 | $2.5M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.180 | +0.056% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.100 | −0.077% | $1.7M | $1.3M | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0004% | 8h | 60.140 | −0.011% | $5.3M | $6.1M | 50x | as long as short |
| BloFin DRAM-USDT | +0.0009% | 8h | 60.120 | −0.044% | $300K | $26K | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.050 | −0.161% | $47K | $67K | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0041% | 1h | 60.169 | +0.037% | $1K | $29K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.030 | −0.194% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.114 | −0.054% | $166K | $490K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.000 | −0.244% | $249K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.045 | −0.169% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.000 | −0.244% | $1.1M | $3.5M | 10x | as long as short |
| QFEX DRAM-USD | +0.0053% | 1h | 60.070 | −0.127% | $978K | $86K | 10x | as long as short |
| edgeX DRAMUSDClong | +0.0091% | 4h | 60.147 | long leg | $146K | $300K | 20x | |
| Paradex DRAM-USD-PERP | +0.0099% | 8h | 60.045 | −0.168% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.063 | −0.139% | $72K | $30K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.050 | −0.161% | $2.9M | $400K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.110 | −0.061% | $21K | $183K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.060 | −0.144% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.047 | −0.165% | $4K | — | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0153% | 1h | 60.066 | −0.134% | $78.1M | $35.5M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0248% | 1h | 60.340 | +0.322% | $530K | $86K | 20x | as long as short |
| Lighter DRAM | +0.0272% | 1h | 60.080 | −0.111% | $1.1M | $1.2M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0417% | 1h | 60.050 | −0.161% | $12K | $3K | 20x | as long as short |
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
OKX DRAM-USDT-SWAP
BloFin DRAM-USDT
Arcus DRAM-USD
Aftermath Perps DRAMUSD
Vest DRAM-USD-PERP
Entropy io:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
QFEX DRAM-USD
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
tradeXYZ xyz:DRAM
Coinbase International DRAM-PERP-INTX
Lighter DRAM
Deribit DRAM_USDC-PERPETUAL