DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0058%/8h= −6.3% APRnext payment −$0.58 per $10,000 · paid last 24h +0.037%

Price spread now: Variational Omni against Orderly−0.026%7-day average — · you buy dearer than you sell

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

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.026% cheaper against Orderly than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_DRAM_USDC_mythos	61.150	0.0100	pay 0.0100% / 8h	1h 29m	$8K	—	10x
Short	Variational Omni DRAM	61.134	0.0042	get 0.0042% / 8h	1h 29m	$2.3M	$682K	—

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 −0.026%Rate

Funding earned: −$12.14
Price spread: −0.026% → 0.000%: −$2.57
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$20.71
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 5 min ago	3.11 bp	doesn't fit	8.2 bp −$82	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	−0.0580%	8h	61.190	+0.065%	$26.0M	$14.6M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	61.181	+0.051%	$197K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.189	+0.064%	$9.4M	$10.2M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.160	+0.016%	$424K	$358K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.220	+0.114%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.160	+0.017%	$36K	$201K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.170	+0.033%	$796	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.060	−0.147%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.170	+0.033%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0012%	8h	61.180	+0.049%	$5.4M	$5.9M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps DRAMUSD	+0.0029%	1h	61.130	−0.032%	$1K	$31K	5x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.170	+0.033%	$996K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.110	−0.065%	$48K	$68K	10x	as long as short
Variational Omni DRAMshort	+0.0042%	8h	61.134	−0.026%	$2.3M	$682K	—
Vest DRAM-USD-PERP	+0.0046%	1h	61.150	0.000%	—	—	10x	as long as short
edgeX DRAMUSDC	+0.0047%	4h	61.122	−0.046%	$148K	$299K	20x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.115	−0.057%	$169K	$470K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.141	−0.015%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.170	+0.033%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.080	−0.114%	$1.0M	$3.5M	10x	as long as short
BloFin DRAM-USDT	+0.0052%	8h	61.180	+0.049%	$300K	$26K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0083%	1h	61.154	+0.007%	$79.2M	$35.9M	20x	as long as short
Extended DRAM-USD	+0.0088%	1h	61.153	+0.005%	$74K	$189K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0091%	8h	61.162	+0.020%	—	—	5x	as long as short
Binance DRAMUSDT	+0.0092%	8h	61.170	+0.033%	$43.7M	$87.7M	50x	as long as short
MEXC DRAM_USDT	+0.0093%	8h	61.160	+0.016%	$8.0M	$5.6M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.193	+0.071%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.140	−0.016%	$3.0M	$416K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.130	−0.033%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythoslong	+0.0100%	8h	61.150	long leg	$8K	—	10x
Aevo DRAM-PERP	+0.0104%	1h	61.154	+0.006%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	−0.065%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0192%	1h	61.173	+0.038%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0405%	1h	61.150	0.000%	$13K	$3K	20x	as long as short