Funding you earn now, next payment 08:00 UTC−0.0109%/8h= −11.9% APRnext payment −$1.09 per $10,000 · paid last 24h −0.017%
Price spread now: Bybit against Variational Omni−0.156%7-day average +0.018% · 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)−0.015%−$2 on $10k
+Price spread, last 7 days+0.151%+$15 · spread now −0.156%, 7d avg +0.018%
=Together, before fees+0.135%+ Points / potential airdropVariational Omni: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.174% cheaper against Variational Omni than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni DRAM | 61.116 | 0.0122 | pay 0.0122% / 8h | 2h 27m | $2.3M | $676K | — |
| Short | Bybit DRAMUSDT | 61.020 | 0.0014 | get 0.0014% / 8h | 2h 27m | $9.4M | $10.2M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$22.84
- Price spread: −0.156% → +0.018%
- −$17.41
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$51.25
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Bybit: live order book, 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 Variational Omni RFQ quote, 2 min ago | 3.12 bp | doesn't fit | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.82 bp | 8.0 bp −$8 | 14.5 bp −$145 | 111.5 bp −$11.2K | 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 | −0.0385% | 8h | 61.040 | −0.124% | $25.8M | $14.0M | 20x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.913 | −0.332% | $422K | $507K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.140 | +0.040% | $36K | $194K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.930 | −0.304% | $601 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.950 | −0.271% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.050 | −0.107% | $1.7M | $1.3M | 10x | as long as short |
| Bybit DRAMUSDTshort | +0.0014% | 8h | 61.020 | −0.156% | $9.4M | $10.2M | 100x | |
| Aftermath Perps DRAMUSD | +0.0024% | 1h | 61.076 | −0.065% | $1K | $31K | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0033% | 8h | 61.020 | −0.156% | $5.4M | $5.3M | 50x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.030 | −0.140% | $48K | $75K | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.940 | −0.287% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0050% | 1h | 60.910 | −0.336% | $992K | $84K | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 61.013 | −0.168% | $168K | $469K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.905 | −0.344% | $256K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.946 | −0.277% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.870 | −0.402% | $1.1M | $3.1M | 10x | as long as short |
| Aster DRAMUSDT | +0.0062% | 8h | 61.034 | −0.134% | $196K | $35K | 20x | as long as short |
| edgeX DRAMUSDC | +0.0071% | 4h | 61.119 | +0.005% | $148K | $297K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0078% | 1h | 60.910 | −0.336% | $13K | $3K | 20x | as long as short |
| Gate DRAM_USDT | +0.0086% | 8h | 61.040 | −0.124% | $8.0M | $3.7M | 75x | as long as short |
| Paradex DRAM-USD-PERP | +0.0100% | 8h | 60.946 | −0.277% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.948 | −0.274% | $73K | $49K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.930 | −0.304% | $3.0M | $405K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.070 | −0.074% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.920 | −0.320% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.936 | −0.294% | $4K | — | 10x | as long as short |
| Variational Omni DRAMlong | +0.0122% | 8h | 61.116 | long leg | $2.3M | $676K | — | |
| tradeXYZ xyz:DRAM | +0.0127% | 1h | 60.988 | −0.209% | $79.0M | $36.0M | 20x | as long as short |
| BloFin DRAM-USDT | +0.0130% | 8h | 60.980 | −0.222% | $300K | $26K | 20x | as long as short |
| Extended DRAM-USD | +0.0168% | 1h | 60.921 | −0.319% | $76K | $191K | 10x | as long as short |
| Binance DRAMUSDT | +0.0171% | 8h | 61.010 | −0.173% | $43.7M | $85.4M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0172% | 8h | 60.990 | −0.205% | $8.1M | $5.6M | 100x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 61.060 | −0.091% | $524K | $74K | 20x | as long as short |
| Lighter DRAM | +0.0200% | 1h | 61.023 | −0.151% | $1.1M | $1.2M | 20x | as long as short |
Variational Omni DRAM
Bybit DRAMUSDT
Bitget DRAMUSDT
RISEx DRAM/USDC
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
OKX DRAM-USDT-SWAP
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Aster DRAMUSDT
edgeX DRAMUSDC
Deribit DRAM_USDC-PERPETUAL
Gate DRAM_USDT
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
tradeXYZ xyz:DRAM
BloFin DRAM-USDT
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
Coinbase International DRAM-PERP-INTX
Lighter DRAM