DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0707%/8h= −77.4% APRnext payment −$7.07 per $10,000 · paid last 24h −0.010%

Price spread now: Bitget against KuCoin+0.164%7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$880.877% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.081%−$8 on $10k

Price spread, last 7 days−0.143%−$14 · spread now +0.164%, 7d avg +0.052%

Together, before fees−0.224%−$22 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.112% dearer against KuCoin than usual: you sell high and buy low (spread +0.164% now, against its 7-day average of +0.052%): +$11 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.081% in total) that is about 9.7 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.081% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.07 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	KuCoin DRAMUSDTM	61.000	0.0100	pay 0.0100% / 8h	1h 14m	$3.0M	$418K	20x
Short	Bitget DRAMUSDT	61.100	−0.0607	pay 0.0607% / 8h	1h 14m	$26.1M	$14.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.164%Rate

Funding earned: −$148.47
Price spread: +0.164% → +0.052%: $11.22
Slippage, 4 orders: −$63.73
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$224.98
Costs to cover: 0.877%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; Bitget: live order book, 4 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	0.82 bp	39.4 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	0.82 bp	8.4 bp −$8	15.8 bp −$158	37.7 bp −$3,768	83.9 bp −$41.9K

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 DRAMUSDTshort	−0.0607%	8h	61.100	+0.164%	$26.1M	$14.7M	20x
Aster DRAMUSDT	0.0000%	8h	61.056	+0.092%	$196K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.067	+0.110%	$9.4M	$10.3M	100x	as long as short
OKX DRAM-USDT-SWAP	0.0000%	8h	61.050	+0.082%	$5.4M	$5.9M	50x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.025	+0.041%	$423K	$351K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.100	+0.164%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.134	+0.219%	$36K	$203K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.040	+0.066%	$730	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.020	+0.033%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.050	+0.082%	$1.7M	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni DRAM	+0.0011%	8h	61.034	+0.056%	$2.3M	$683K	—	as long as short
Aftermath Perps DRAMUSD	+0.0030%	1h	61.066	+0.107%	$1K	$30K	5x	as long as short
edgeX DRAMUSDC	+0.0031%	4h	61.104	+0.170%	$148K	$299K	20x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.020	+0.033%	$994K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.050	+0.082%	$48K	$68K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.030	+0.049%	—	—	10x	as long as short
BloFin DRAM-USDT	+0.0048%	8h	61.050	+0.082%	$298K	$26K	20x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.025	+0.041%	$180K	$481K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.019	+0.031%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.045	+0.074%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.990	−0.016%	$1.1M	$3.5M	10x	as long as short
Extended DRAM-USD	+0.0064%	1h	61.008	+0.012%	$74K	$190K	10x	as long as short
Binance DRAMUSDT	+0.0066%	8h	61.037	+0.061%	$43.7M	$88.0M	50x	as long as short
MEXC DRAM_USDT	+0.0067%	8h	61.020	+0.033%	$8.0M	$5.7M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0078%	1h	61.030	+0.049%	$13K	$3K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0085%	8h	61.016	+0.026%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0097%	1h	61.019	+0.031%	$79.0M	$35.9M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.038	+0.063%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTMlong	+0.0100%	8h	61.000	long leg	$3.0M	$418K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	61.110	+0.180%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.030	+0.049%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.045	+0.074%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	+0.180%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0224%	1h	61.052	+0.085%	$1.1M	$1.2M	20x	as long as short