Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.063%−$6 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DRAMUSDTM61.9300.0100pay 0.0100% / 8h12m 31s$3.0M$471K20x
ShortBloFin DRAM-USDT61.9500.0699get 0.0699% / 8h12m 31s$295K$27K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago0.81 bp56.0 bp −$56doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 59 min ago0.81 bp9.5 bp −$1014.9 bp −$14938.3 bp −$3,825doesn't fit

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DRAM_USDT0.0000%8h61.960+0.048%$8.3M$3.5M75xas long as short
SunX DRAM-USDT0.0000%8h61.950+0.032%$742$3.2M10xas long as short
HTX DRAM-USDT0.0000%8h61.940+0.016%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.810−0.194%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0040%1h61.933+0.005%$1K$36K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.870−0.097%$79710xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.906−0.039%$210K$1.2M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.917−0.021%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.900−0.048%$1.2M$1.8M10xas long as short
edgeX DRAMUSDC+0.0071%4h61.953+0.036%$153K$291K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX DRAM-USD+0.0079%1h61.950+0.032%$1.0M$80K10xas long as short
Pacifica DRAM+0.0100%1h61.905−0.040%$75K$40K10xas long as short
KuCoin DRAMUSDTMlong+0.0100%8h61.930long leg$3.0M$471K20x
ApeX Omni DRAMUSDT+0.0100%1h61.970+0.065%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.950+0.032%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.957+0.044%$4K10xas long as short
OKX DRAM-USDT-SWAP+0.0178%8h61.970+0.065%$5.4M$4.6M50xas long as short
Bitget DRAMUSDT+0.0185%8h61.950+0.032%$26.1M$12.6M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0192%1h61.580−0.565%$510K$43K20xas long as short
Paradex DRAM-USD-PERP+0.0216%8h61.953+0.038%5xas long as short
Lighter DRAM+0.0240%1h61.955+0.040%$961K$1.2M20xas long as short
GRVT DRAM_USDT_Perp+0.0286%8h61.989+0.096%$36K$171K10xas long as short
Aster DRAMUSDT+0.0288%8h61.962+0.051%$199K$36K20xas long as short
RISEx DRAM/USDC+0.0295%1h61.953+0.037%$456K$476K20xas long as short
Bybit DRAMUSDT+0.0301%8h61.980+0.081%$9.3M$10.5M100xas long as short
tradeXYZ xyz:DRAM+0.0316%1h61.951+0.034%$80.6M$40.1M20xas long as short
Entropy io:DRAM+0.0331%1h61.903−0.044%$255K$494K25xas long as short
Variational Omni DRAM+0.0371%8h61.986+0.090%$2.4M$953Kas long as short
MEXC DRAM_USDT+0.0421%8h61.940+0.016%$11.2M$6.5M100xas long as short
Extended DRAM-USD+0.0424%1h61.928−0.003%$78K$768K10xas long as short
Binance DRAMUSDT+0.0425%8h61.940+0.016%$43.6M$82.4M50xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0558%1h61.9300.000%$13K$9K20xas long as short
Arcus DRAM-USD+0.0680%1h61.940+0.016%$50K$90K10xas long as short
BloFin DRAM-USDTshort+0.0699%8h61.950+0.032%$295K$27K20x