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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0162%/8h= +17.7% APRnext payment +$1.62 per $10,000 · paid last 24h +0.033%
Price spread now: BloFin against MEXC+0.179%109s7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$180.182% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.168%−$17 · spread now +0.179%, 7d avg +0.013%
Together, before fees−0.159%−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.166% dearer against MEXC than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.013%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC DRAM_USDT61.3300.0328pay 0.0328% / 8h5h 45m$9.0M$5.4M100x
ShortBloFin DRAM-USDT61.4400.0490get 0.0490% / 8h5h 45m$305K$27K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$33.92
Price spread: +0.179% → +0.013%
$16.62
Slippage, 4 orders
−$6.2
Fee MEXC: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$32.34
Costs to cover
0.182%
Break-even
0.3 days
Slippage from MEXC: live order book, 6 min ago; BloFin: live order book, 62 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 MEXC live order book, 6 min ago0.81 bp0.8 bp −$11.5 bp −$155.7 bp −$573doesn't fit
Sell BloFin live order book, 62 min ago1.64 bp7.6 bp −$812.1 bp −$12139.0 bp −$3,903doesn't fit

DRAM on 34 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DRAMUSDT0.0000%8h61.358+0.046%$9.5M$11.3M100xas long as short
Bitget DRAMUSDT0.0000%8h61.340+0.016%$26.9M$17.2M20xas long as short
SunX DRAM-USDT0.0000%8h61.360+0.049%$836$2.4M10xas long as short
Deribit DRAM_USDC-PERPETUAL0.0000%1h61.340+0.016%$13K$3K20xas long as short
HTX DRAM-USDT0.0000%8h61.3300.000%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.360+0.049%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0029%1h61.361+0.050%$1K$26K5xas long as short
Arcus DRAM-USD+0.0040%1h61.290−0.065%$59K$81K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.290−0.065%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.318−0.020%$255K$1.3M10xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX DRAM-USD+0.0050%1h61.358+0.046%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.260−0.114%$1.1M$3.6M10xas long as short
QFEX DRAM-USD+0.0057%1h61.320−0.016%$1.0M$98K10xas long as short
edgeX DRAMUSDC+0.0065%4h61.402+0.117%$149K$300K20xas long as short
Lighter DRAM+0.0096%1h61.321−0.015%$1.1M$1.4M20xas long as short
Pacifica DRAM+0.0100%1h61.312−0.029%$73K$30K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.3300.000%$3.0M$420K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.420+0.147%$21K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.340+0.016%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.342+0.019%$4K10xas long as short
Gate DRAM_USDT+0.0117%8h61.370+0.065%$8.0M$3.8M75xas long as short
tradeXYZ xyz:DRAM+0.0123%1h61.307−0.038%$79.5M$38.6M20xas long as short
Paradex DRAM-USD-PERP+0.0123%8h61.319−0.018%5xas long as short
OKX DRAM-USDT-SWAP+0.0173%8h61.340+0.016%$5.5M$6.7M50xas long as short
Aster DRAMUSDT+0.0228%8h61.360+0.049%$196K$28K20xas long as short
Coinbase International DRAM-PERP-INTX+0.0232%1h61.3300.000%$537K$91K20xas long as short
Variational Omni DRAM+0.0269%8h61.359+0.048%$2.2M$689Kas long as short
Binance DRAMUSDT+0.0325%8h61.339+0.014%$44.6M$98.2M50xas long as short
Extended DRAM-USD+0.0328%1h61.320−0.017%$100K$295K10xas long as short
MEXC DRAM_USDTlong+0.0328%8h61.330long leg$9.0M$5.4M100x
BloFin DRAM-USDTshort+0.0490%8h61.440+0.179%$305K$27K20x
RISEx DRAM/USDC+0.0600%1h61.342+0.019%$461K$369K20xas long as short
GRVT DRAM_USDT_Perp+0.0731%8h61.425+0.154%$36K$222K10xas long as short
Entropy io:DRAM+0.0849%1h61.338+0.013%$321K$1.7M25xas long as short