DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.037%

Price spread now: Variational Omni against Orderly+0.077%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.077% dearer against Orderly than usual: you sell high and buy low (spread +0.077% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_DRAM_USDC_mythos	60.800	0.0100	pay 0.0100% / 8h	7h 58m	$8K	—	10x
Short	Variational Omni DRAM	60.847	0	get 0.0000% / 8h	7h 58m	$2.3M	$589K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Orderly. 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

Position, each leg$Hold fordaysFee OrderlybpFee Variational OmnibpOrdersPrice spread, now +0.077%Rate

Funding earned: −$21
Price spread: +0.077% → 0.000%: $7.7
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$19.3
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 1 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 Orderly no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 1 min ago	3.12 bp	doesn't fit	7.2 bp −$72	doesn't fit	doesn't fit

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0761%	8h	60.810	+0.016%	$26.5M	$15.2M	20x	as long as short
Entropy io:DRAM	−0.0260%	1h	60.806	+0.010%	$179K	$480K	25x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.834	+0.055%	$195K	$39K	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.801	+0.002%	$421K	$339K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	60.810	+0.016%	$7.9M	$3.6M	75x	as long as short
Variational Omni DRAMshort	0.0000%	8h	60.847	+0.077%	$2.3M	$589K	—
GRVT DRAM_USDT_Perp	0.0000%	8h	60.872	+0.118%	$36K	$209K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.800	0.000%	$992	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.800	0.000%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.780	−0.033%	$1.7M	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended DRAM-USD	+0.0008%	1h	60.787	−0.021%	$74K	$198K	10x	as long as short
Binance DRAMUSDT	+0.0011%	8h	60.797	−0.005%	$43.7M	$89.1M	50x	as long as short
MEXC DRAM_USDT	+0.0011%	8h	60.800	0.000%	$8.4M	$5.4M	100x	as long as short
OKX DRAM-USDT-SWAP	+0.0014%	8h	60.820	+0.033%	$5.4M	$6.0M	50x	as long as short
Aftermath Perps DRAMUSD	+0.0039%	1h	60.787	−0.022%	$1K	$29K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.800	0.000%	$47K	$67K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.570	−0.378%	—	—	10x	as long as short
tradeXYZ xyz:DRAM	+0.0050%	1h	60.765	−0.058%	$78.7M	$35.8M	20x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.803	+0.005%	$253K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.819	+0.031%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.740	−0.099%	$1.1M	$3.5M	10x	as long as short
QFEX DRAM-USD	+0.0053%	1h	60.840	+0.066%	$992K	$84K	10x	as long as short
BloFin DRAM-USDT	+0.0063%	8h	60.850	+0.082%	$298K	$26K	20x	as long as short
edgeX DRAMUSDC	+0.0067%	4h	60.866	+0.109%	$148K	$299K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0099%	8h	60.818	+0.029%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	60.814	+0.024%	$73K	$34K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.110	+0.510%	$3.0M	$419K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.890	+0.148%	$21K	$183K	50x	as long as short
Orderly PERP_DRAM_USDC_mythoslong	+0.0100%	8h	60.800	long leg	$8K	—	10x
Aevo DRAM-PERP	+0.0104%	1h	60.786	−0.023%	$4K	—	10x	as long as short
Bybit DRAMUSDT	+0.0228%	8h	60.830	+0.049%	$9.6M	$10.5M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0248%	1h	60.940	+0.230%	$523K	$75K	20x	as long as short
Lighter DRAM	+0.0296%	1h	60.824	+0.039%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0408%	1h	60.820	+0.033%	$13K	$3K	20x	as long as short