Funding you earn now, next payment 08:00 UTC−0.0246%/8h= −27.0% APRpaid last 24h −0.046%
Price spread now: edgeX against Variational Omni−0.095%59s7-day average −0.001% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.145%+$14 · spread now −0.095%, 7d avg −0.001%
=Together, before fees+0.103%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and edgeX is 0.093% cheaper against Variational Omni than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.001%). Swap the legs. The two prices were read 59 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 4 days it paid -0.042% in total (about -4.3% 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 | Variational Omni DRAM | 62.284 | 0.0290 | pay 0.0290% / 8h | 3h 56m | $2.4M | $747K | — |
| Short | edgeX DRAMUSDC | 62.225 | 0.0043 | get 0.0022% / 4h | 3h 56m | $151K | $296K | 20x |
Variational Omni DRAM
edgeX DRAMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Variational Omni. 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
- −$51.75
- Price spread: −0.095% → −0.001%
- −$9.31
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$70.06
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; edgeX: live order book, 61 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 Variational Omni RFQ quote, 2 min ago | 3.09 bp | doesn't fit | 6.5 bp −$65 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 61 min ago | 2.40 bp | 6.9 bp −$7 | 14.4 bp −$144 | 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 | 62.191 | −0.149% | $438K | $502K | 20x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 62.190 | −0.151% | $26.1M | $13.4M | 20x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 62.256 | −0.046% | $37K | $177K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.230 | −0.087% | $744 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.240 | −0.071% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.220 | −0.103% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0020% | 1h | 62.245 | −0.063% | $1K | $32K | 5x | as long as short |
| QFEX DRAM-USD | +0.0036% | 1h | 62.170 | −0.183% | $1.0M | $78K | 10x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.210 | −0.119% | $48K | $77K | 10x | as long as short |
| edgeX DRAMUSDCshort | +0.0043% | 4h | 62.225 | −0.095% | $151K | $296K | 20x |
RISEx DRAM/USDC
Bitget DRAMUSDT
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
QFEX DRAM-USD
Arcus DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.190 | −0.151% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.191 | −0.149% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.217 | −0.108% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.140 | −0.231% | $1.1M | $2.3M | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0077% | 8h | 62.185 | −0.158% | — | — | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0078% | 8h | 62.210 | −0.119% | $5.5M | $4.5M | 50x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.198 | −0.138% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.190 | −0.151% | $3.0M | $394K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.280 | −0.007% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.240 | −0.071% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.228 | −0.090% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0104% | 1h | 62.330 | +0.074% | $535K | $75K | 20x | as long as short |
| Entropy io:DRAM | +0.0108% | 1h | 62.219 | −0.105% | $173K | $447K | 25x | as long as short |
| Bybit DRAMUSDT | +0.0111% | 8h | 62.220 | −0.103% | $9.7M | $9.7M | 100x | as long as short |
| Lighter DRAM | +0.0144% | 1h | 62.181 | −0.166% | $1.0M | $1.1M | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0158% | 1h | 62.163 | −0.194% | $81.4M | $35.5M | 20x | as long as short |
| Aster DRAMUSDT | +0.0211% | 8h | 62.231 | −0.085% | $200K | $35K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0232% | 1h | 62.210 | −0.119% | $13K | $3K | 20x | as long as short |
| Variational Omni DRAMlong | +0.0290% | 8h | 62.284 | long leg | $2.4M | $747K | — | |
| BloFin DRAM-USDT | +0.0318% | 8h | 62.270 | −0.023% | $302K | $26K | 20x | as long as short |
| Extended DRAM-USD | +0.0328% | 1h | 62.175 | −0.175% | $76K | $622K | 10x | as long as short |
| Binance DRAMUSDT | +0.0328% | 8h | 62.193 | −0.147% | $44.6M | $80.1M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0330% | 8h | 62.180 | −0.167% | $8.2M | $5.5M | 100x | as long as short |
| Gate DRAM_USDT | +0.0606% | 8h | 62.220 | −0.103% | $8.1M | $3.5M | 75x | as long as short |
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
Paradex DRAM-USD-PERP
OKX DRAM-USDT-SWAP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Coinbase International DRAM-PERP-INTX
Entropy io:DRAM
Bybit DRAMUSDT
Lighter DRAM
tradeXYZ xyz:DRAM
Aster DRAMUSDT
Deribit DRAM_USDC-PERPETUAL
BloFin DRAM-USDT
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
Gate DRAM_USDT