Funding you earn now, next payment 08:00 UTC+0.0425%/8h= +46.5% APRnext payment +$4.25 per $10,000 · paid last 24h +0.037%
Price spread now: Variational Omni against KuCoin+0.087%7-day average +0.041% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.016%+$2 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now +0.087%, 7d avg +0.041%
=Together, before fees−0.018%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Variational Omni is 0.046% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.041%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.016% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.25 per $10,000. 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 | KuCoin DRAMUSDTM | 62.170 | 0.0100 | pay 0.0100% / 8h | 5h 59m | $3.0M | $402K | 20x |
| Short | Variational Omni DRAM | 62.224 | 0.0525 | get 0.0525% / 8h | 5h 59m | $2.4M | $710K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against KuCoin. 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
- $89.15
- Price spread: +0.087% → +0.041%
- $4.58
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $81.72
- Costs to cover
- 0.120%
- Break-even
- 0.6 days
Slippage unknown: KuCoin: live order book, 3 min ago; Variational Omni: RFQ quote, 5 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 KuCoin live order book, 3 min ago | 1.61 bp | 38.4 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 3.09 bp | doesn't fit | 5.9 bp −$59 | doesn't fit | doesn't fit |
DRAM on 33 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 | 62.176 | +0.010% | $447K | $505K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.240 | +0.113% | $789 | $2.8M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.190 | +0.032% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.180 | +0.016% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0032% | 1h | 62.161 | −0.014% | $1K | $33K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.180 | +0.016% | $51K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.150 | −0.032% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0046% | 1h | 62.170 | 0.000% | $1.0M | $78K | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0050% | 1h | 62.151 | −0.031% | $82.0M | $37.0M | 20x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 62.139 | −0.050% | $253K | $426K | 25x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.168 | −0.003% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.157 | −0.021% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.090 | −0.129% | $1.2M | $1.9M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0073% | 4h | 62.214 | +0.070% | $151K | $298K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.144 | −0.041% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTMlong | +0.0100% | 8h | 62.170 | long leg | $3.0M | $402K | 20x | |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.190 | +0.032% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.180 | +0.016% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.183 | +0.022% | $4K | — | 10x | as long as short |
| Bitget DRAMUSDT | +0.0111% | 8h | 62.190 | +0.032% | $26.1M | $13.1M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0151% | 8h | 62.167 | −0.005% | — | — | 5x | as long as short |
| Lighter DRAM | +0.0152% | 1h | 62.166 | −0.006% | $966K | $1.0M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.040 | −0.209% | $534K | $81K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0214% | 8h | 62.180 | +0.016% | $5.5M | $4.5M | 50x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0233% | 1h | 62.150 | −0.032% | $13K | $3K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0257% | 8h | 62.235 | +0.105% | $36K | $155K | 10x | as long as short |
| Bybit DRAMUSDT | +0.0270% | 8h | 62.230 | +0.097% | $9.6M | $10.1M | 100x | as long as short |
| Aster DRAMUSDT | +0.0434% | 8h | 62.200 | +0.049% | $200K | $36K | 20x | as long as short |
| Gate DRAM_USDT | +0.0490% | 8h | 62.220 | +0.080% | $8.1M | $3.5M | 75x | as long as short |
| Variational Omni DRAMshort | +0.0525% | 8h | 62.224 | +0.087% | $2.4M | $710K | — | |
| Binance DRAMUSDT | +0.0559% | 8h | 62.175 | +0.007% | $44.5M | $81.6M | 50x | as long as short |
| Extended DRAM-USD | +0.0560% | 1h | 62.163 | −0.011% | $75K | $665K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0561% | 8h | 62.170 | 0.000% | $9.6M | $5.5M | 100x | as long as short |
KuCoin DRAMUSDTM
Variational Omni DRAM
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
tradeXYZ xyz:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
edgeX DRAMUSDC
Pacifica DRAM
ApeX Omni DRAMUSDT
Bitget DRAMUSDT
Paradex DRAM-USD-PERP
Lighter DRAM
Coinbase International DRAM-PERP-INTX
OKX DRAM-USDT-SWAP
Deribit DRAM_USDC-PERPETUAL
GRVT DRAM_USDT_Perp
Bybit DRAMUSDT
Aster DRAMUSDT
Gate DRAM_USDT
Binance DRAMUSDT
Extended DRAM-USD
MEXC DRAM_USDT