Funding you earn now, next payment 07:00 UTC−0.0176%/8h= −19.3% APRpaid last 24h +0.022%
Price spread now: Variational Omni against Coinbase International+0.202%7-day average +0.155% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)−0.285%−$28 · spread now +0.202%, 7d avg +0.155%
=Together, before fees−0.334%+ Points / potential airdropVariational Omni: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.048% dearer against Coinbase International than usual: you sell high and buy low (spread +0.202% now, against its 7-day average of +0.155%): +$5 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 4 days (−0.049% in total) that is about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DRAM-PERP-INTX | 60.910 | 0.0176 | pay 0.0022% / 1h | 36m 55s | $523K | $75K | 20x |
| Short | Variational Omni DRAM | 61.033 | 0 | get 0.0000% / 8h | 36m 55s | $2.3M | $582K | — |
Coinbase International DRAM-PERP-INTX
Variational Omni DRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Coinbase International. 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
- −$36.96
- Price spread: +0.202% → +0.155%
- $4.76
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$42.2
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: 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 Coinbase International live order book, 1 min ago | 4.92 bp | 11.5 bp −$11 | 14.2 bp −$142 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 3.13 bp | doesn't fit | 6.6 bp −$66 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0746% | 8h | 61.030 | +0.197% | $26.4M | $15.0M | 20x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.955 | +0.075% | $196K | $35K | 20x | as long as short |
| Bybit DRAMUSDT | 0.0000% | 8h | 61.011 | +0.166% | $9.5M | $10.3M | 100x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.964 | +0.088% | $422K | $341K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 61.020 | +0.181% | $8.0M | $3.7M | 75x | as long as short |
| Variational Omni DRAMshort | 0.0000% | 8h | 61.033 | +0.202% | $2.3M | $582K | — | |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.996 | +0.141% | $36K | $205K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.980 | +0.115% | $776 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.990 | +0.131% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.970 | +0.099% | $1.7M | $1.3M | 10x | as long as short |
Bitget DRAMUSDT
Aster DRAMUSDT
Bybit DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DRAM-USDT-SWAP | +0.0008% | 8h | 61.000 | +0.148% | $5.4M | $6.0M | 50x | as long as short |
| BloFin DRAM-USDT | +0.0028% | 8h | 61.000 | +0.148% | $297K | $26K | 20x | as long as short |
| Extended DRAM-USD | +0.0032% | 1h | 60.959 | +0.080% | $77K | $196K | 10x | as long as short |
| Binance DRAMUSDT | +0.0033% | 8h | 60.975 | +0.107% | $43.7M | $88.7M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0034% | 8h | 60.970 | +0.099% | $7.7M | $5.7M | 100x | as long as short |
| Aftermath Perps DRAMUSD | +0.0035% | 1h | 60.987 | +0.126% | $1K | $30K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.960 | +0.082% | $47K | $67K | 10x | as long as short |
| QFEX DRAM-USD | +0.0040% | 1h | 60.970 | +0.099% | $993K | $84K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.950 | +0.066% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.936 | +0.043% | $179K | $480K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.942 | +0.053% | $253K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.970 | +0.099% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.960 | +0.082% | $1.1M | $3.5M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0070% | 4h | 60.968 | +0.096% | $148K | $298K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0100% | 8h | 60.967 | +0.094% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.993 | +0.137% | $73K | $38K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.950 | +0.066% | $3.0M | $422K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.040 | +0.213% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.950 | +0.066% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.949 | +0.065% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTXlong | +0.0176% | 1h | 60.910 | long leg | $523K | $75K | 20x | |
| tradeXYZ xyz:DRAM | +0.0196% | 1h | 60.963 | +0.087% | $78.9M | $35.9M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0243% | 1h | 60.940 | +0.049% | $13K | $3K | 20x | as long as short |
| Lighter DRAM | +0.0360% | 1h | 60.978 | +0.112% | $1.1M | $1.2M | 20x | as long as short |
OKX DRAM-USDT-SWAP
BloFin DRAM-USDT
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
QFEX DRAM-USD
Vest DRAM-USD-PERP
Entropy io:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
edgeX DRAMUSDC
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
tradeXYZ xyz:DRAM
Deribit DRAM_USDC-PERPETUAL
Lighter DRAM