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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0075%/8h= −8.2% APRnext payment $0.75 per $10,000 · paid last 24h −0.021%
Price spread now: Bybit against MEXC+0.090%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$180.177% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.079%−$8 on $10k
Price spread, last 7 days−0.099%−$10 · spread now +0.090%, 7d avg +0.021%
Together, before fees−0.178%−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.069% dearer against MEXC than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of +0.021%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.1 days. At the pace of the last 7 days (−0.079% in total) that is about 6.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC DRAM_USDT61.0900.0075pay 0.0075% / 8h1h 18m$8.0M$5.7M100x
ShortBybit DRAMUSDT61.1450get 0.0000% / 8h1h 18m$9.4M$10.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$15.75
Price spread: +0.090% → +0.021%
$6.88
Slippage, 4 orders
−$6.75
Fee MEXC: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$26.61
Costs to cover
0.177%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; Bybit: live order book, 4 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, 4 min ago0.82 bp1.4 bp −$12.3 bp −$236.9 bp −$693doesn't fit
Sell Bybit live order book, 4 min ago0.82 bp7.5 bp −$711.5 bp −$115121.5 bp −$12.2Kdoesn'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
Bitget DRAMUSDT−0.0585%8h61.150+0.098%$26.1M$14.7M20xas long as short
Aster DRAMUSDT0.0000%8h61.119+0.047%$197K$35K20xas long as short
Bybit DRAMUSDTshort0.0000%8h61.145+0.090%$9.4M$10.3M100x
RISEx DRAM/USDC0.0000%1h61.099+0.014%$423K$353K20xas long as short
Gate DRAM_USDT0.0000%8h61.160+0.115%$8.0M$3.7M75xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.171+0.132%$36K$203K10xas long as short
SunX DRAM-USDT0.0000%8h61.100+0.016%$674$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.130+0.065%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.120+0.049%$1.7M$1.3M10xas long as short
OKX DRAM-USDT-SWAP+0.0001%8h61.130+0.065%$5.4M$5.9M50xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin DRAM-USDT+0.0006%8h61.150+0.098%$299K$26K20xas long as short
edgeX DRAMUSDC+0.0012%4h61.166+0.125%$148K$298K20xas long as short
Variational Omni DRAM+0.0023%8h61.144+0.089%$2.3M$683Kas long as short
Aftermath Perps DRAMUSD+0.0029%1h61.116+0.043%$1K$30K5xas long as short
QFEX DRAM-USD+0.0039%1h61.110+0.033%$995K$84K10xas long as short
Arcus DRAM-USD+0.0040%1h61.120+0.049%$48K$68K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.0900.000%10xas long as short
Entropy io:DRAM+0.0050%1h61.084−0.010%$180K$480K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.092+0.003%$254K$1.4M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.101+0.018%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.040−0.082%$1.1M$3.5M10xas long as short
Extended DRAM-USD+0.0072%1h61.085−0.008%$74K$189K10xas long as short
Binance DRAMUSDT+0.0074%8h61.113+0.037%$43.7M$87.9M50xas long as short
MEXC DRAM_USDTlong+0.0075%8h61.090long leg$8.0M$5.7M100x
Paradex DRAM-USD-PERP+0.0087%8h61.091+0.001%5xas long as short
Pacifica DRAM+0.0100%1h61.114+0.039%$73K$46K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.080−0.016%$3.0M$418K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.120+0.049%$21K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.0900.000%$8K10xas long as short
tradeXYZ xyz:DRAM+0.0100%1h61.101+0.018%$79.1M$35.8M20xas long as short
Aevo DRAM-PERP+0.0104%1h61.0900.000%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0160%1h61.110+0.033%$525K$75K20xas long as short
Lighter DRAM+0.0224%1h61.125+0.057%$1.1M$1.2M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0405%1h61.0900.000%$13K$3K20xas long as short