DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0069%/8h= +7.6% APRnext payment +$0.69 per $10,000 · paid last 24h +0.041%

Price spread now: Binance against KuCoin+0.106%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$860.859% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.009%−$1 on $10k

Price spread, last 7 days−0.076%−$8 · spread now +0.106%, 7d avg +0.048%

Together, before fees−0.086%−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.058% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.048%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DRAMUSDTM	61.080	0.0100	pay 0.0100% / 8h	2h 24m	$3.0M	$406K	20x
Short	Binance DRAMUSDT	61.145	0.0169	get 0.0169% / 8h	2h 24m	$43.8M	$85.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.106%Rate

Funding earned: $14.59
Price spread: +0.106% → +0.048%: $5.85
Slippage, 4 orders: −$63.86
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$65.42
Costs to cover: 0.859%
Break-even: 38.4 days

Slippage from KuCoin: live order book, 3 min ago; Binance: live order book, 3 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 KuCoin live order book, 3 min ago	1.64 bp	41.5 bp −$41	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	0.82 bp	5.8 bp −$6	9.1 bp −$91	43.5 bp −$4,351	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	−0.0443%	8h	61.170	+0.147%	$25.8M	$14.0M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.140	+0.098%	$423K	$507K	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.140	+0.098%	$36K	$194K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.180	+0.164%	$669	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.950	−0.213%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.190	+0.180%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0011%	8h	61.153	+0.120%	$9.4M	$10.2M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0025%	1h	61.100	+0.033%	$1K	$31K	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0038%	8h	61.160	+0.131%	$5.5M	$5.6M	50x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.060	−0.033%	$48K	$75K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.130	+0.082%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.120	+0.065%	$996K	$84K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.060	−0.033%	$168K	$468K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.125	+0.074%	$256K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.103	+0.038%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.070	−0.016%	$1.1M	$3.2M	10x	as long as short
edgeX DRAMUSDC	+0.0055%	4h	60.942	−0.226%	$148K	$297K	20x	as long as short
Aster DRAMUSDT	+0.0061%	8h	61.125	+0.074%	$197K	$35K	20x	as long as short
Gate DRAM_USDT	+0.0071%	8h	61.170	+0.147%	$8.0M	$3.7M	75x	as long as short
Pacifica DRAM	+0.0100%	1h	61.090	+0.017%	$73K	$49K	10x	as long as short
KuCoin DRAMUSDTMlong	+0.0100%	8h	61.080	long leg	$3.0M	$406K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	60.990	−0.147%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.110	+0.049%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0102%	8h	61.130	+0.082%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.112	+0.052%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0113%	8h	61.095	+0.024%	$2.3M	$676K	—	as long as short
tradeXYZ xyz:DRAM	+0.0129%	1h	61.101	+0.034%	$79.2M	$35.9M	20x	as long as short
BloFin DRAM-USDT	+0.0134%	8h	61.190	+0.180%	$302K	$26K	20x	as long as short
MEXC DRAM_USDT	+0.0167%	8h	61.120	+0.065%	$8.1M	$5.6M	100x	as long as short
Extended DRAM-USD	+0.0168%	1h	61.120	+0.066%	$76K	$191K	10x	as long as short
Binance DRAMUSDTshort	+0.0169%	8h	61.145	+0.106%	$43.8M	$85.7M	50x
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.060	−0.033%	$524K	$74K	20x	as long as short
Lighter DRAM	+0.0200%	1h	61.123	+0.070%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0405%	1h	61.140	+0.098%	$13K	$3K	20x	as long as short