DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0062%/8h= −6.8% APRpaid last 24h −0.013%

Price spread now: Variational Omni against Coinbase International+0.199%7-day average +0.152% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.069%−$7 on $10k

Price spread, last 3 days (all we have)−0.197%−$20 · spread now +0.199%, 7d avg +0.152%

Together, before fees−0.266%+ Points / potential airdropVariational Omni: Active · farm board−$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.047% dearer against Coinbase International than usual: you sell high and buy low (spread +0.199% now, against its 7-day average of +0.152%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International DRAM-PERP-INTX	61.510	0.0232	pay 0.0029% / 1h	29m 51s	$510K	$43K	20x
Short	Variational Omni DRAM	61.632	0.0170	get 0.0170% / 8h	2h 29m	$2.4M	$998K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Coinbase InternationalbpFee Variational OmnibpOrdersPrice spread, now +0.199%Rate

Funding earned: −$13
Price spread: +0.199% → +0.152%: $4.71
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$18.29
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 58 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.

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 Coinbase International live order book, 58 min ago	2.44 bp	8.2 bp −$8	13.5 bp −$135	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	3.11 bp	doesn't fit	5.5 bp −$55	doesn't fit	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
Gate DRAM_USDT	0.0000%	8h	61.630	+0.195%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.630	+0.195%	$830	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.570	+0.098%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.630	+0.195%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0037%	1h	61.563	+0.086%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.560	+0.081%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.599	+0.145%	$203K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.624	+0.185%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.550	+0.065%	$1.2M	$1.7M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0062%	8h	61.630	+0.195%	$5.4M	$4.9M	50x	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	+0.0080%	1h	61.620	+0.179%	$1.0M	$77K	10x	as long as short
Aster DRAMUSDT	+0.0096%	8h	61.581	+0.116%	$201K	$33K	20x	as long as short
edgeX DRAMUSDC	+0.0096%	4h	61.591	+0.132%	$152K	$290K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.551	+0.067%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.560	+0.081%	$3.0M	$483K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.590	+0.130%	$22K	$182K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.610	+0.163%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.623	+0.184%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0108%	8h	61.610	+0.163%	$25.9M	$12.6M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0162%	8h	61.631	+0.197%	—	—	5x	as long as short
Bybit DRAMUSDT	+0.0165%	8h	61.640	+0.211%	$9.1M	$10.2M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0167%	1h	61.605	+0.154%	$79.0M	$39.7M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0168%	8h	61.590	+0.131%	$36K	$192K	10x	as long as short
Variational Omni DRAMshort	+0.0170%	8h	61.632	+0.199%	$2.4M	$998K	—
Entropy io:DRAM	+0.0184%	1h	61.563	+0.086%	$249K	$503K	25x	as long as short
MEXC DRAM_USDT	+0.0225%	8h	61.620	+0.179%	$11.1M	$6.4M	100x	as long as short
BloFin DRAM-USDT	+0.0227%	8h	61.630	+0.195%	$295K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0229%	8h	61.630	+0.195%	$43.7M	$82.6M	50x	as long as short
Extended DRAM-USD	+0.0232%	1h	61.622	+0.182%	$102K	$741K	10x	as long as short
Coinbase International DRAM-PERP-INTXlong	+0.0232%	1h	61.510	long leg	$510K	$43K	20x
Lighter DRAM	+0.0240%	1h	61.630	+0.195%	$991K	$1.2M	20x	as long as short
RISEx DRAM/USDC	+0.0459%	1h	61.630	+0.195%	$475K	$439K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0562%	1h	61.630	+0.195%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0739%	1h	61.610	+0.163%	$50K	$96K	10x	as long as short