Funding you earn now, next payment 01:00 UTC+0.0494%/8h= +54.1% APRpaid last 24h +0.051%
Price spread now: Variational Omni against Polymarket Perps+0.106%55s7-day average +0.034% · 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)+0.051%+$5 on $10k
+Price spread, last 3 days (all we have)−0.124%−$12 · spread now +0.106%, 7d avg +0.034%
=Together, before fees−0.073%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Variational Omni is 0.073% dearer against Polymarket Perps than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.034%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.051% in total (about 5.5% 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 | Polymarket Perps DRAM-USD | 62.479 | 0.0050 | pay 0.0006% / 1h | 12m 34s | $267K | $1.3M | 10x |
| Short | Variational Omni DRAM | 62.545 | 0.0544 | get 0.0544% / 8h | 7h 12m | $2.4M | $750K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Polymarket Perps. 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
- $103.76
- Price spread: +0.106% → +0.034%
- $7.26
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $103.02
- Costs to cover
- 0.080%
- Break-even
- 0.1 days
Slippage unknown: Polymarket Perps: live order book, 1 min ago; Variational Omni: RFQ quote, 2 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 Polymarket Perps live order book, 1 min ago | 2.24 bp | 6.6 bp −$7 | 6.6 bp −$66 | 8.5 bp −$848 | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 3.09 bp | doesn't fit | 5.3 bp −$53 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX DRAM-USDT | 0.0000% | 8h | 62.490 | +0.018% | $764 | $3.0M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.370 | −0.174% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.510 | +0.050% | $1.8M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0035% | 1h | 62.478 | −0.001% | $1K | $35K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.470 | −0.014% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USDlong | +0.0050% | 1h | 62.479 | long leg | $267K | $1.3M | 10x | |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.515 | +0.058% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.430 | −0.078% | $1.1M | $1.9M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0072% | 4h | 62.567 | +0.140% | $151K | $297K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.510 | +0.050% | $76K | $41K | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.470 | −0.014% | $3.0M | $421K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.560 | +0.130% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.550 | +0.114% | $9K | — | 10x | as long as short |
| Lighter DRAM | +0.0104% | 1h | 62.501 | +0.035% | $972K | $1.3M | 20x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.533 | +0.086% | $4K | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0160% | 1h | 62.480 | +0.002% | $1.0M | $78K | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 62.390 | −0.142% | $540K | $91K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0222% | 8h | 62.495 | +0.026% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0226% | 1h | 62.490 | +0.018% | $82.3M | $37.7M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0230% | 1h | 62.500 | +0.034% | $13K | $3K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0239% | 8h | 62.510 | +0.050% | $5.5M | $4.6M | 50x | as long as short |
| Bybit DRAMUSDT | +0.0420% | 8h | 62.543 | +0.102% | $9.6M | $10.4M | 100x | as long as short |
| Aster DRAMUSDT | +0.0468% | 8h | 62.417 | −0.100% | $201K | $36K | 20x | as long as short |
| Entropy io:DRAM | +0.0522% | 1h | 62.433 | −0.074% | $254K | $455K | 25x | as long as short |
| Variational Omni DRAMshort | +0.0544% | 8h | 62.545 | +0.106% | $2.4M | $750K | — | |
| MEXC DRAM_USDT | +0.0591% | 8h | 62.490 | +0.018% | $9.7M | $6.7M | 100x | as long as short |
| Extended DRAM-USD | +0.0592% | 1h | 62.486 | +0.011% | $76K | $663K | 10x | as long as short |
| Binance DRAMUSDT | +0.0595% | 8h | 62.500 | +0.034% | $45.0M | $82.0M | 50x | as long as short |
| Bitget DRAMUSDT | +0.0597% | 8h | 62.500 | +0.034% | $26.2M | $12.9M | 20x | as long as short |
| Arcus DRAM-USD | +0.0606% | 1h | 62.510 | +0.050% | $51K | $81K | 10x | as long as short |
| Gate DRAM_USDT | +0.0793% | 8h | 62.520 | +0.066% | $8.3M | $3.5M | 75x | as long as short |
| BloFin DRAM-USDT | +0.0958% | 8h | 62.530 | +0.082% | $298K | $26K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.1048% | 8h | 62.562 | +0.132% | $37K | $153K | 10x | as long as short |
| RISEx DRAM/USDC | +0.1096% | 1h | 62.489 | +0.016% | $460K | $496K | 20x | as long as short |
Polymarket Perps DRAM-USD
Variational Omni DRAM
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
SoDEX DRAM-USD
edgeX DRAMUSDC
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Lighter DRAM
Coinbase International DRAM-PERP-INTX
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
Deribit DRAM_USDC-PERPETUAL
OKX DRAM-USDT-SWAP
Bybit DRAMUSDT
Aster DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
Binance DRAMUSDT
Bitget DRAMUSDT
Gate DRAM_USDT
BloFin DRAM-USDT
GRVT DRAM_USDT_Perp
RISEx DRAM/USDC