DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0301%/8h= −33.0% APRnext payment −$3.01 per $10,000 · paid last 24h −0.037%

Price spread now: KuCoin against Gate−0.129%7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$118as in the Price arb table

costs, in and out, $10k−$1111.107% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.130%+$13 on $10k

Price spread, last 7 days+0.084%+$8 · spread now −0.129%, 7d avg −0.053%

Together, before fees+0.215%+$21 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.077% cheaper against Gate than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.053%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.130%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.130% in total (about 6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.01 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	61.810	0.0401	pay 0.0401% / 8h	3h 17m	$8.1M	$3.6M	75x
Short	KuCoin DRAMUSDTM	61.730	0.0100	get 0.0100% / 8h	3h 17m	$3.0M	$398K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now −0.129%Rate

Funding earned: −$63.21
Price spread: −0.129% → −0.053%: −$7.68
Slippage, 4 orders: −$83.7
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$181.59
Costs to cover: 1.107%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; KuCoin: 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 Gate live order book, 1 min ago	0.81 bp	16.0 bp −$16	24.1 bp −$241	82.0 bp −$8,200	152.5 bp −$76.3K
Sell KuCoin live order book, 5 min ago	1.62 bp	28.6 bp −$29	doesn't fit	doesn't fit	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
RISEx DRAM/USDC	0.0000%	1h	61.770	−0.065%	$435K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.790	−0.032%	$26.0M	$13.7M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.880	+0.113%	$36K	$187K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.730	−0.129%	$816	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.780	−0.049%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.750	−0.097%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0023%	1h	61.788	−0.036%	$1K	$31K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.770	−0.065%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.760	−0.081%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.730	−0.129%	—	—	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	−0.094%	$172K	$461K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.706	−0.168%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.725	−0.138%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.670	−0.227%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0056%	8h	61.790	−0.032%	$5.4M	$4.6M	50x	as long as short
edgeX DRAMUSDC	+0.0063%	4h	61.879	+0.112%	$150K	$298K	20x	as long as short
Bybit DRAMUSDT	+0.0072%	8h	61.779	−0.050%	$9.6M	$9.9M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0074%	1h	61.720	−0.146%	$13K	$3K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.750	−0.098%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTMshort	+0.0100%	8h	61.730	−0.129%	$3.0M	$398K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	61.800	−0.016%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.730	−0.129%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.736	−0.119%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.485%	$533K	$75K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0107%	8h	61.740	−0.113%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0129%	1h	61.738	−0.116%	$80.3M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0168%	8h	61.762	−0.078%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0200%	1h	61.773	−0.060%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0204%	8h	61.884	+0.120%	$2.4M	$739K	—	as long as short
BloFin DRAM-USDT	+0.0242%	8h	61.780	−0.049%	$299K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0255%	8h	61.765	−0.073%	$44.3M	$81.6M	50x	as long as short
Extended DRAM-USD	+0.0256%	1h	61.753	−0.093%	$75K	$239K	10x	as long as short
MEXC DRAM_USDT	+0.0259%	8h	61.770	−0.065%	$8.2M	$5.6M	100x	as long as short
Gate DRAM_USDTlong	+0.0401%	8h	61.810	long leg	$8.1M	$3.6M	75x