DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.28 per $10,000 · paid last 24h +0.020%

Price spread now: Bybit against KuCoin+0.139%7-day average +0.059% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$890.886% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.089%−$9 on $10k

Price spread, last 7 days−0.115%−$12 · spread now +0.139%, 7d avg +0.059%

Together, before fees−0.204%−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.080% dearer against KuCoin than usual: you sell high and buy low (spread +0.139% now, against its 7-day average of +0.059%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DRAMUSDTM	61.730	0.0100	pay 0.0100% / 8h	3h 17m	$3.0M	$398K	20x
Short	Bybit DRAMUSDT	61.816	0.0072	get 0.0072% / 8h	3h 17m	$9.6M	$9.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.139%Rate

Funding earned: −$5.94
Price spread: +0.139% → +0.059%: $7.99
Slippage, 4 orders: −$65.64
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$86.59
Costs to cover: 0.886%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Bybit: live order book, 1 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	1.62 bp	45.6 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	0.81 bp	7.5 bp −$7	12.5 bp −$125	106.8 bp −$10.7K	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	61.820	+0.146%	$26.0M	$13.7M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.880	+0.243%	$36K	$187K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.780	+0.081%	$727	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.780	+0.081%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.820	+0.146%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0023%	1h	61.772	+0.068%	$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	+0.049%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.740	+0.016%	—	—	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	+0.036%	$172K	$461K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.739	+0.015%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.749	+0.031%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.670	−0.097%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0056%	8h	61.810	+0.130%	$5.4M	$4.6M	50x	as long as short
edgeX DRAMUSDC	+0.0063%	4h	61.879	+0.242%	$150K	$298K	20x	as long as short
Bybit DRAMUSDTshort	+0.0072%	8h	61.816	+0.139%	$9.6M	$9.9M	100x
Pacifica DRAM	+0.0100%	1h	61.750	+0.032%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTMlong	+0.0100%	8h	61.730	long leg	$3.0M	$398K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	61.800	+0.113%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.760	+0.049%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.761	+0.050%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	61.720	−0.016%	$530K	$74K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0107%	8h	61.740	+0.016%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0129%	1h	61.740	+0.016%	$80.3M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0168%	8h	61.776	+0.075%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0200%	1h	61.815	+0.138%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0204%	8h	61.884	+0.250%	$2.4M	$739K	—	as long as short
BloFin DRAM-USDT	+0.0225%	8h	61.760	+0.049%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0255%	8h	61.800	+0.114%	$44.3M	$81.6M	50x	as long as short
Extended DRAM-USD	+0.0256%	1h	61.749	+0.031%	$75K	$239K	10x	as long as short
MEXC DRAM_USDT	+0.0259%	8h	61.800	+0.113%	$8.2M	$5.6M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.760	+0.049%	$13K	$3K	20x	as long as short
Gate DRAM_USDT	+0.0401%	8h	61.810	+0.130%	$8.1M	$3.6M	75x	as long as short