Funding you earn now, next payment 00:00 UTC+0.0599%/8h= +65.6% APRnext payment +$5.99 per $10,000 · paid last 24h +0.033%
Price spread now: BloFin against KuCoin+0.032%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$990.992% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 3 days (all we have)+0.005%+$1 · spread now +0.032%, 7d avg +0.041%
=The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.068% in total (about -3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.99 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 | 61.930 | 0.0100 | pay 0.0100% / 8h | 12m 31s | $3.0M | $471K | 20x |
| Short | BloFin DRAM-USDT | 61.950 | 0.0699 | get 0.0699% / 8h | 12m 31s | $295K | $27K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $125.88
- Price spread: +0.032% → +0.041%
- −$0.87
- Slippage, 4 orders
- −$75.18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $25.83
- Costs to cover
- 0.992%
- Break-even
- 5.6 days
Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 59 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, 5 min ago | 0.81 bp | 56.0 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 59 min ago | 0.81 bp | 9.5 bp −$10 | 14.9 bp −$149 | 38.3 bp −$3,825 | 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_USDT | 0.0000% | 8h | 61.960 | +0.048% | $8.3M | $3.5M | 75x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.950 | +0.032% | $742 | $3.2M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.940 | +0.016% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.810 | −0.194% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0040% | 1h | 61.933 | +0.005% | $1K | $36K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.870 | −0.097% | — | $797 | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.906 | −0.039% | $210K | $1.2M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.917 | −0.021% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.900 | −0.048% | $1.2M | $1.8M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0071% | 4h | 61.953 | +0.036% | $153K | $291K | 20x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX DRAM-USD | +0.0079% | 1h | 61.950 | +0.032% | $1.0M | $80K | 10x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.905 | −0.040% | $75K | $40K | 10x | as long as short |
| KuCoin DRAMUSDTMlong | +0.0100% | 8h | 61.930 | long leg | $3.0M | $471K | 20x | |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.970 | +0.065% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.950 | +0.032% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.957 | +0.044% | $4K | — | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0178% | 8h | 61.970 | +0.065% | $5.4M | $4.6M | 50x | as long as short |
| Bitget DRAMUSDT | +0.0185% | 8h | 61.950 | +0.032% | $26.1M | $12.6M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0192% | 1h | 61.580 | −0.565% | $510K | $43K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0216% | 8h | 61.953 | +0.038% | — | — | 5x | as long as short |
| Lighter DRAM | +0.0240% | 1h | 61.955 | +0.040% | $961K | $1.2M | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0286% | 8h | 61.989 | +0.096% | $36K | $171K | 10x | as long as short |
| Aster DRAMUSDT | +0.0288% | 8h | 61.962 | +0.051% | $199K | $36K | 20x | as long as short |
| RISEx DRAM/USDC | +0.0295% | 1h | 61.953 | +0.037% | $456K | $476K | 20x | as long as short |
| Bybit DRAMUSDT | +0.0301% | 8h | 61.980 | +0.081% | $9.3M | $10.5M | 100x | as long as short |
| tradeXYZ xyz:DRAM | +0.0316% | 1h | 61.951 | +0.034% | $80.6M | $40.1M | 20x | as long as short |
| Entropy io:DRAM | +0.0331% | 1h | 61.903 | −0.044% | $255K | $494K | 25x | as long as short |
| Variational Omni DRAM | +0.0371% | 8h | 61.986 | +0.090% | $2.4M | $953K | — | as long as short |
| MEXC DRAM_USDT | +0.0421% | 8h | 61.940 | +0.016% | $11.2M | $6.5M | 100x | as long as short |
| Extended DRAM-USD | +0.0424% | 1h | 61.928 | −0.003% | $78K | $768K | 10x | as long as short |
| Binance DRAMUSDT | +0.0425% | 8h | 61.940 | +0.016% | $43.6M | $82.4M | 50x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0558% | 1h | 61.930 | 0.000% | $13K | $9K | 20x | as long as short |
| Arcus DRAM-USD | +0.0680% | 1h | 61.940 | +0.016% | $50K | $90K | 10x | as long as short |
| BloFin DRAM-USDTshort | +0.0699% | 8h | 61.950 | +0.032% | $295K | $27K | 20x |
KuCoin DRAMUSDTM
BloFin DRAM-USDT
Gate DRAM_USDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
edgeX DRAMUSDC
Pacifica DRAM
ApeX Omni DRAMUSDT
OKX DRAM-USDT-SWAP
Bitget DRAMUSDT
Coinbase International DRAM-PERP-INTX
Paradex DRAM-USD-PERP
Lighter DRAM
GRVT DRAM_USDT_Perp
Aster DRAMUSDT
RISEx DRAM/USDC
Bybit DRAMUSDT
tradeXYZ xyz:DRAM
Variational Omni DRAM
MEXC DRAM_USDT
Extended DRAM-USD
Binance DRAMUSDT
Deribit DRAM_USDC-PERPETUAL