Funding you earn now, next payment 04:00 UTC+0.0400%/8h= +43.8% APRpaid last 24h +0.046%
Price spread now: Variational Omni against edgeX−0.023%7-day average +0.001% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.023%, 7d avg +0.001%
=Together, before fees+0.001%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.024% cheaper against edgeX than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.001%). If the spread goes back, that is −$2 on $10k: about 5 hours of funding at the current rate (+$12 a day). At the pace of the last 3 days (+0.042% in total) that is about 47 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.042% in total (about 4.4% a year). A funding rate is set anew for every payment. 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 | edgeX DRAMUSDC | 62.217 | 0.0091 | pay 0.0045% / 4h | 1h 38m | $151K | $296K | 20x |
| Short | Variational Omni DRAM | 62.203 | 0.0491 | get 0.0491% / 8h | 5h 38m | $2.4M | $713K | — |
edgeX DRAMUSDC
Variational Omni DRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against edgeX. 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
- $84.06
- Price spread: −0.023% → +0.001%
- −$2.39
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $72.67
- Costs to cover
- 0.090%
- Break-even
- 0.9 days
Slippage unknown: edgeX: live order book, 24 min ago; Variational Omni: RFQ quote, just now. 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 edgeX live order book, 24 min ago | 2.41 bp | 7.4 bp −$7 | 14.5 bp −$145 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, just now | 3.09 bp | doesn't fit | 5.7 bp −$57 | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx DRAM/USDC | 0.0000% | 1h | 62.248 | +0.050% | $442K | $506K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.240 | +0.037% | $918 | $2.8M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.210 | −0.011% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.250 | +0.053% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0029% | 1h | 62.213 | −0.005% | $1K | $33K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.210 | −0.011% | $51K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.190 | −0.043% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 62.188 | −0.046% | $253K | $419K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.217 | 0.000% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.237 | +0.032% | $2K | $15K | 20x | as long as short |
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
Vest DRAM-USD-PERP
Entropy io:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.190 | −0.043% | $1.1M | $2.0M | 10x | as long as short |
| QFEX DRAM-USD | +0.0055% | 1h | 62.230 | +0.021% | $1.0M | $78K | 10x | as long as short |
| Lighter DRAM | +0.0080% | 1h | 62.208 | −0.014% | $967K | $1.0M | 20x | as long as short |
| edgeX DRAMUSDClong | +0.0091% | 4h | 62.217 | long leg | $151K | $296K | 20x | |
| Pacifica DRAM | +0.0100% | 1h | 62.192 | −0.039% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.220 | +0.005% | $3.0M | $401K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.180 | −0.059% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.220 | +0.005% | $9K | — | 10x | as long as short |
| Bitget DRAMUSDT | +0.0102% | 8h | 62.260 | +0.069% | $26.2M | $13.2M | 20x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.228 | +0.018% | $4K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0130% | 8h | 62.228 | +0.019% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0139% | 1h | 62.221 | +0.007% | $81.8M | $37.0M | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0175% | 8h | 62.233 | +0.027% | $36K | $157K | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 62.040 | −0.284% | $534K | $76K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0194% | 8h | 62.250 | +0.053% | $5.5M | $4.5M | 50x | as long as short |
| Bybit DRAMUSDT | +0.0261% | 8h | 62.274 | +0.092% | $9.7M | $10.0M | 100x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0394% | 1h | 62.200 | −0.027% | $13K | $3K | 20x | as long as short |
| Aster DRAMUSDT | +0.0405% | 8h | 62.255 | +0.061% | $200K | $36K | 20x | as long as short |
| Variational Omni DRAMshort | +0.0491% | 8h | 62.203 | −0.023% | $2.4M | $713K | — | |
| Binance DRAMUSDT | +0.0524% | 8h | 62.240 | +0.037% | $44.6M | $81.6M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0526% | 8h | 62.250 | +0.053% | $9.6M | $5.5M | 100x | as long as short |
| Extended DRAM-USD | +0.0528% | 1h | 62.233 | +0.026% | $75K | $669K | 10x | as long as short |
| Gate DRAM_USDT | +0.0534% | 8h | 62.290 | +0.118% | $8.1M | $3.5M | 75x | as long as short |
| BloFin DRAM-USDT | +0.0775% | 8h | 62.260 | +0.069% | $302K | $26K | 20x | as long as short |
Ondo Perps DRAM-USD.P
QFEX DRAM-USD
Lighter DRAM
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Bitget DRAMUSDT
Aevo DRAM-PERP
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
GRVT DRAM_USDT_Perp
Coinbase International DRAM-PERP-INTX
OKX DRAM-USDT-SWAP
Bybit DRAMUSDT
Deribit DRAM_USDC-PERPETUAL
Aster DRAMUSDT
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
Gate DRAM_USDT
BloFin DRAM-USDT