Funding you earn now, next payment 00:00 UTC+0.0316%/8h= +34.6% APRnext payment +$3.16 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Gate+0.016%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$560.560% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 3 days (all we have)+0.051%+$5 · spread now +0.016%, 7d avg +0.009%
=The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$9 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 0.062% in total (about 3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.16 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 | Gate DRAM_USDT | 61.730 | 0 | get 0.0000% / 8h | 1h 48m | $8.2M | $3.5M | 75x |
| Short | BloFin DRAM-USDT | 61.740 | 0.0316 | get 0.0316% / 8h | 1h 48m | $294K | $27K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $66.37
- Price spread: +0.016% → +0.009%
- $0.7
- Slippage, 4 orders
- −$28.96
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $11.11
- Costs to cover
- 0.560%
- Break-even
- 5.8 days
Slippage from Gate: live order book, 5 min ago; BloFin: live order book, 28 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 Gate live order book, 5 min ago | 2.43 bp | 19.6 bp −$20 | 33.6 bp −$336 | 142.7 bp −$14.3K | doesn't fit |
| Sell BloFin live order book, 28 min ago | 0.81 bp | 8.1 bp −$8 | 13.0 bp −$130 | 39.0 bp −$3,902 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate DRAM_USDTlong | 0.0000% | 8h | 61.730 | long leg | $8.2M | $3.5M | 75x | |
| SunX DRAM-USDT | 0.0000% | 8h | 61.720 | −0.016% | $758 | $3.3M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.660 | −0.113% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.720 | −0.016% | $1.8M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0024% | 4h | 61.712 | −0.029% | $153K | $289K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0034% | 1h | 61.660 | −0.113% | $1K | $36K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.620 | −0.178% | — | $797 | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 61.674 | −0.091% | $254K | $505K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.700 | −0.049% | $204K | $1.2M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.721 | −0.015% | $2K | $15K | 20x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.640 | −0.146% | $1.2M | $1.7M | 10x | as long as short |
| QFEX DRAM-USD | +0.0052% | 1h | 61.690 | −0.065% | $1.0M | $77K | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0081% | 8h | 61.730 | 0.000% | $5.4M | $4.6M | 50x | as long as short |
| Aster DRAMUSDT | +0.0090% | 8h | 61.737 | +0.011% | $198K | $36K | 20x | as long as short |
| Bitget DRAMUSDT | +0.0091% | 8h | 61.730 | 0.000% | $26.0M | $12.5M | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.728 | −0.002% | $75K | $40K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.700 | −0.049% | $3.0M | $476K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.700 | −0.049% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.710 | −0.032% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.732 | +0.003% | $4K | — | 10x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0138% | 8h | 61.721 | −0.014% | $35K | $189K | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0149% | 8h | 61.713 | −0.027% | — | — | 5x | as long as short |
| Bybit DRAMUSDT | +0.0167% | 8h | 61.762 | +0.052% | $9.3M | $10.3M | 100x | as long as short |
| Variational Omni DRAM | +0.0172% | 8h | 61.710 | −0.033% | $2.4M | $969K | — | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0208% | 1h | 61.580 | −0.243% | $510K | $44K | 20x | as long as short |
| MEXC DRAM_USDT | +0.0221% | 8h | 61.720 | −0.016% | $11.1M | $6.4M | 100x | as long as short |
| Binance DRAMUSDT | +0.0222% | 8h | 61.720 | −0.016% | $43.7M | $82.7M | 50x | as long as short |
| Extended DRAM-USD | +0.0224% | 1h | 61.721 | −0.015% | $102K | $741K | 10x | as long as short |
| RISEx DRAM/USDC | +0.0257% | 1h | 61.723 | −0.011% | $480K | $442K | 20x | as long as short |
| BloFin DRAM-USDTshort | +0.0316% | 8h | 61.740 | +0.016% | $294K | $27K | 20x | |
| Lighter DRAM | +0.0320% | 1h | 61.725 | −0.008% | $992K | $1.2M | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0334% | 1h | 61.704 | −0.042% | $79.2M | $39.8M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0399% | 1h | 61.710 | −0.032% | $13K | $9K | 20x | as long as short |
| Arcus DRAM-USD | +0.0649% | 1h | 61.710 | −0.032% | $50K | $93K | 10x | as long as short |
Gate DRAM_USDT
BloFin DRAM-USDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
OKX DRAM-USDT-SWAP
Aster DRAMUSDT
Bitget DRAMUSDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
GRVT DRAM_USDT_Perp
Paradex DRAM-USD-PERP
Bybit DRAMUSDT
Variational Omni DRAM
Coinbase International DRAM-PERP-INTX
MEXC DRAM_USDT
Binance DRAMUSDT
Extended DRAM-USD
RISEx DRAM/USDC
Lighter DRAM
tradeXYZ xyz:DRAM
Deribit DRAM_USDC-PERPETUAL