Funding you earn now, next payment 08:00 UTC+0.0159%/8h= +17.4% APRnext payment +$1.59 per $10,000 · paid last 24h +0.027%
Price spread now: MEXC against OKX−0.049%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$190.187% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 7 days+0.073%+$7 · spread now −0.049%, 7d avg −0.005%
=Funding pays, the price is against you. MEXC is 0.044% cheaper against OKX than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of −0.005%). If the spread goes back, that is −$4 on $10k: about 22 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.053% in total) that is about 5.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DRAM-USDT-SWAP | 61.600 | 0.0051 | pay 0.0051% / 8h | 2h 44m | $5.4M | $4.7M | 50x |
| Short | MEXC DRAM_USDT | 61.570 | 0.0210 | get 0.0210% / 8h | 2h 44m | $8.6M | $5.5M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $33.45
- Price spread: −0.049% → −0.005%
- −$4.39
- Slippage, 4 orders
- −$8.66
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $10.4
- Costs to cover
- 0.187%
- Break-even
- 4.8 days
Slippage from OKX: live order book, 3 min ago; MEXC: 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 OKX live order book, 3 min ago | 0.81 bp | 7.4 bp −$7 | 15.1 bp −$151 | 106.3 bp −$10.6K | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.81 bp | 2.3 bp −$2 | 3.1 bp −$31 | 7.6 bp −$757 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0002% | 8h | 61.580 | −0.032% | $26.0M | $13.9M | 20x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 61.563 | −0.060% | $433K | $501K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.600 | 0.000% | $36K | $191K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.610 | +0.016% | $795 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.600 | 0.000% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.600 | 0.000% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0003% | 4h | 61.594 | −0.010% | $149K | $299K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0024% | 1h | 61.626 | +0.041% | $1K | $31K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.600 | 0.000% | $48K | $76K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.550 | −0.081% | — | — | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX DRAM-USD | +0.0050% | 1h | 61.570 | −0.049% | $1.0M | $84K | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 61.574 | −0.042% | $170K | $466K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.548 | −0.084% | $258K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.605 | +0.008% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.540 | −0.097% | $1.1M | $2.6M | 10x | as long as short |
| OKX DRAM-USDT-SWAPlong | +0.0051% | 8h | 61.600 | long leg | $5.4M | $4.7M | 50x | |
| Bybit DRAMUSDT | +0.0052% | 8h | 61.590 | −0.016% | $9.5M | $10.0M | 100x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0075% | 1h | 61.620 | +0.032% | $13K | $3K | 20x | as long as short |
| Aster DRAMUSDT | +0.0097% | 8h | 61.567 | −0.053% | $198K | $35K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.551 | −0.079% | $74K | $49K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.550 | −0.081% | $3.0M | $402K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.640 | +0.065% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.630 | +0.049% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.610 | +0.016% | $4K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0108% | 8h | 61.569 | −0.050% | — | — | 5x | as long as short |
| Variational Omni DRAM | +0.0157% | 8h | 61.624 | +0.039% | $2.4M | $618K | — | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 61.510 | −0.146% | $528K | $74K | 20x | as long as short |
| Binance DRAMUSDT | +0.0206% | 8h | 61.560 | −0.064% | $44.2M | $83.4M | 50x | as long as short |
| tradeXYZ xyz:DRAM | +0.0207% | 1h | 61.558 | −0.068% | $80.0M | $35.6M | 20x | as long as short |
| Extended DRAM-USD | +0.0208% | 1h | 61.556 | −0.072% | $74K | $189K | 10x | as long as short |
| MEXC DRAM_USDTshort | +0.0210% | 8h | 61.570 | −0.049% | $8.6M | $5.5M | 100x | |
| BloFin DRAM-USDT | +0.0214% | 8h | 61.630 | +0.049% | $300K | $26K | 20x | as long as short |
| Gate DRAM_USDT | +0.0225% | 8h | 61.620 | +0.032% | $8.1M | $3.6M | 75x | as long as short |
| Lighter DRAM | +0.0232% | 1h | 61.582 | −0.029% | $1.1M | $1.2M | 20x | as long as short |
OKX DRAM-USDT-SWAP
MEXC DRAM_USDT
Bitget DRAMUSDT
RISEx DRAM/USDC
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Bybit DRAMUSDT
Deribit DRAM_USDC-PERPETUAL
Aster DRAMUSDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Paradex DRAM-USD-PERP
Variational Omni DRAM
Coinbase International DRAM-PERP-INTX
Binance DRAMUSDT
tradeXYZ xyz:DRAM
Extended DRAM-USD
BloFin DRAM-USDT
Gate DRAM_USDT
Lighter DRAM