Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.22 per $10,000 · paid last 24h −0.017%
Price spread now: Bybit against Gate−0.016%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$470.471% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now −0.016%, 7d avg +0.006%
=Funding pays, the price is against you. Bybit is 0.023% cheaper against Gate than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.006%). If the spread goes back, that is −$2 on $10k: about 3.4 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate DRAM_USDT | 60.960 | 0 | get 0.0000% / 8h | 21m 20s | $8.0M | $3.7M | 75x |
| Short | Bybit DRAMUSDT | 60.950 | 0.0022 | get 0.0022% / 8h | 21m 20s | $9.6M | $10.4M | 100x |
Gate DRAM_USDT
Bybit DRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $4.58
- Price spread: −0.016% → +0.006%
- −$2.25
- Slippage, 4 orders
- −$21.06
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$44.73
- Costs to cover
- 0.471%
- Break-even
- 75.4 days
Slippage from Gate: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago | 2.46 bp | 11.8 bp −$12 | 25.6 bp −$256 | 77.9 bp −$7,786 | 139.6 bp −$69.8K |
| Sell Bybit live order book, 2 min ago | 0.82 bp | 7.5 bp −$7 | 12.2 bp −$122 | 114.6 bp −$11.5K | 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 | −0.0768% | 8h | 60.960 | 0.000% | $26.6M | $15.1M | 20x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.935 | −0.042% | $195K | $38K | 20x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.904 | −0.093% | $422K | $340K | 20x | as long as short |
| Gate DRAM_USDTlong | 0.0000% | 8h | 60.960 | long leg | $8.0M | $3.7M | 75x | |
| Variational Omni DRAM | 0.0000% | 8h | 60.834 | −0.207% | $2.3M | $597K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.863 | −0.159% | $36K | $206K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.920 | −0.066% | $896 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.820 | −0.230% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.900 | −0.098% | $1.7M | $1.3M | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0015% | 8h | 60.920 | −0.066% | $5.4M | $6.0M | 50x | as long as short |
Bitget DRAMUSDT
Aster DRAMUSDT
RISEx DRAM/USDC
Variational Omni DRAM
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
OKX DRAM-USDT-SWAPShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DRAMUSDTshort | +0.0022% | 8h | 60.950 | −0.016% | $9.6M | $10.4M | 100x | |
| Extended DRAM-USD | +0.0024% | 1h | 60.894 | −0.108% | $77K | $196K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0025% | 8h | 60.920 | −0.066% | $7.7M | $5.7M | 100x | as long as short |
| Binance DRAMUSDT | +0.0027% | 8h | 60.910 | −0.082% | $43.8M | $89.1M | 50x | as long as short |
| Aftermath Perps DRAMUSD | +0.0039% | 1h | 60.881 | −0.129% | $1K | $29K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.850 | −0.180% | $47K | $67K | 10x | as long as short |
| QFEX DRAM-USD | +0.0040% | 1h | 60.920 | −0.066% | $992K | $84K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.890 | −0.115% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.834 | −0.207% | $179K | $480K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.897 | −0.103% | $253K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.901 | −0.097% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.800 | −0.262% | $1.1M | $3.5M | 10x | as long as short |
| BloFin DRAM-USDT | +0.0057% | 8h | 60.940 | −0.033% | $299K | $26K | 20x | as long as short |
| edgeX DRAMUSDC | +0.0069% | 4h | 60.843 | −0.192% | $147K | $298K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.866 | −0.154% | $73K | $38K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.900 | −0.098% | $3.0M | $422K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.880 | −0.131% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.920 | −0.066% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.902 | −0.095% | $4K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0106% | 8h | 60.896 | −0.104% | — | — | 5x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0176% | 1h | 60.940 | −0.033% | $523K | $75K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0202% | 1h | 60.892 | −0.112% | $78.8M | $35.9M | 20x | as long as short |
| Lighter DRAM | +0.0376% | 1h | 60.929 | −0.051% | $1.1M | $1.2M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0407% | 1h | 60.910 | −0.082% | $13K | $3K | 20x | as long as short |
Extended DRAM-USD
MEXC DRAM_USDT
Binance DRAMUSDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
QFEX DRAM-USD
Vest DRAM-USD-PERP
Entropy io:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
BloFin DRAM-USDT
edgeX DRAMUSDC
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Paradex DRAM-USD-PERP
Coinbase International DRAM-PERP-INTX
tradeXYZ xyz:DRAM
Lighter DRAM
Deribit DRAM_USDC-PERPETUAL