DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0786%/8h= −86.1% APRnext payment −$7.86 per $10,000 · paid last 24h −0.052%

Price spread now: Bitget against MEXC+0.115%7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$8as in the Price arb table

costs, in and out, $10k−$180.182% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.071%−$7 on $10k

Price spread, last 7 days−0.130%−$13 · spread now +0.115%, 7d avg +0.013%

Together, before fees−0.201%−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.102% dearer against MEXC than usual: you sell high and buy low (spread +0.115% now, against its 7-day average of +0.013%): +$10 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.071% in total) that is about 10 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.071% in total (about -3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.86 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	MEXC DRAM_USDT	60.840	0.0022	pay 0.0022% / 8h	11m 02s	$8.4M	$5.7M	100x
Short	Bitget DRAMUSDT	60.910	−0.0764	pay 0.0764% / 8h	11m 02s	$26.6M	$15.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXCbpFee BitgetbpOrdersPrice spread, now +0.115%Rate

Funding earned: −$165.06
Price spread: +0.115% → +0.013%: $10.19
Slippage, 4 orders: −$6.16
Fee MEXC: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$173.03
Costs to cover: 0.182%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Bitget: 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 MEXC live order book, 2 min ago	0.82 bp	0.8 bp −$1	1.0 bp −$10	6.4 bp −$636	doesn't fit
Sell Bitget live order book, 3 min ago	0.82 bp	8.1 bp −$8	16.4 bp −$164	39.7 bp −$3,966	87.1 bp −$43.6K

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	−0.0764%	8h	60.910	+0.115%	$26.6M	$15.2M	20x
Aster DRAMUSDT	0.0000%	8h	60.870	+0.050%	$195K	$38K	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.858	+0.030%	$421K	$340K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	60.910	+0.115%	$8.0M	$3.8M	75x	as long as short
Variational Omni DRAM	0.0000%	8h	60.876	+0.058%	$2.3M	$589K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.887	+0.077%	$36K	$208K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.860	+0.033%	$698	$2.6M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	60.840	0.000%	$13K	$3K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.840	0.000%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.870	+0.049%	$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
OKX DRAM-USDT-SWAP	+0.0012%	8h	60.860	+0.033%	$5.4M	$6.0M	50x	as long as short
Binance DRAMUSDT	+0.0021%	8h	60.843	+0.005%	$43.8M	$89.1M	50x	as long as short
MEXC DRAM_USDTlong	+0.0022%	8h	60.840	long leg	$8.4M	$5.7M	100x
Extended DRAM-USD	+0.0024%	1h	60.842	+0.003%	$74K	$198K	10x	as long as short
Bybit DRAMUSDT	+0.0024%	8h	60.880	+0.066%	$9.6M	$10.4M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0039%	1h	60.858	+0.030%	$1K	$29K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.850	+0.016%	$47K	$67K	10x	as long as short
QFEX DRAM-USD	+0.0040%	1h	60.860	+0.033%	$991K	$84K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.860	+0.033%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.831	−0.015%	$179K	$481K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.834	−0.010%	$253K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.851	+0.018%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.830	−0.016%	$1.1M	$3.5M	10x	as long as short
BloFin DRAM-USDT	+0.0051%	8h	60.900	+0.099%	$298K	$26K	20x	as long as short
edgeX DRAMUSDC	+0.0059%	4h	60.867	+0.045%	$148K	$300K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0097%	8h	60.853	+0.021%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	60.864	+0.040%	$73K	$34K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.850	+0.016%	$3.0M	$421K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.880	+0.066%	$21K	$183K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.880	+0.066%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.849	+0.015%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0176%	1h	60.940	+0.164%	$523K	$75K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0181%	1h	60.830	−0.016%	$78.7M	$35.9M	20x	as long as short
Lighter DRAM	+0.0360%	1h	60.870	+0.049%	$1.1M	$1.2M	20x	as long as short