DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0045%/8h= −5.0% APRpaid last 24h +0.009%

Price spread now: Coinbase International against Variational Omni−0.593%7-day average −0.154% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.074%+$7 on $10k

Price spread, last 3 days (all we have)+0.673%+$67 · spread now −0.593%, 7d avg −0.154%

Together, before fees+0.746%+ Points / potential airdropVariational Omni: Active · farm board+$75 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Coinbase International is 0.439% cheaper against Variational Omni than usual: you would sell low and buy high (−$44 if the spread goes back to its 7-day average of −0.154%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.074%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni DRAM	61.947	0.0237	pay 0.0237% / 8h	45m 44s	$2.4M	$948K	—
Short	Coinbase International DRAM-PERP-INTX	61.580	0.0192	get 0.0024% / 1h	45m 44s	$510K	$43K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 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 Variational OmnibpFee Coinbase InternationalbpOrdersPrice spread, now −0.593%Rate

Funding earned: −$9.5
Price spread: −0.593% → −0.154%: −$43.88
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$63.39
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Coinbase International: live order book, 32 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, 3 min ago	3.10 bp	doesn't fit	9.0 bp −$90	doesn't fit	doesn't fit
Sell Coinbase International live order book, 32 min ago	3.24 bp	8.2 bp −$8	12.6 bp −$126	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
Gate DRAM_USDT	0.0000%	8h	62.010	+0.101%	$8.3M	$3.4M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.990	+0.069%	$486	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.910	−0.060%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.880	−0.109%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	61.921	−0.042%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.870	−0.125%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.958	+0.017%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.983	+0.058%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.900	−0.076%	$1.2M	$1.8M	10x	as long as short
edgeX DRAMUSDC	+0.0066%	4h	61.944	−0.006%	$153K	$290K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0079%	1h	61.930	−0.028%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.994	+0.075%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.910	−0.060%	$3.0M	$475K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.940	−0.012%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.980	+0.053%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.987	+0.064%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0139%	8h	61.990	+0.069%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0142%	8h	61.980	+0.053%	$26.0M	$12.7M	20x	as long as short
Aster DRAMUSDT	+0.0164%	8h	62.000	+0.085%	$199K	$36K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0171%	8h	61.984	+0.060%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0176%	8h	61.941	−0.011%	$36K	$178K	10x	as long as short
Coinbase International DRAM-PERP-INTXshort	+0.0192%	1h	61.580	−0.593%	$510K	$43K	20x
Lighter DRAM	+0.0200%	1h	61.984	+0.059%	$978K	$1.2M	20x	as long as short
Variational Omni DRAMlong	+0.0237%	8h	61.947	long leg	$2.4M	$948K	—
Entropy io:DRAM	+0.0271%	1h	61.904	−0.070%	$260K	$502K	25x	as long as short
Bybit DRAMUSDT	+0.0275%	8h	62.040	+0.150%	$9.4M	$10.4M	100x	as long as short
MEXC DRAM_USDT	+0.0293%	8h	61.980	+0.053%	$11.2M	$6.5M	100x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.980	+0.053%	$457K	$475K	20x	as long as short
Extended DRAM-USD	+0.0296%	1h	61.969	+0.035%	$77K	$766K	10x	as long as short
Binance DRAMUSDT	+0.0299%	8h	61.980	+0.053%	$43.9M	$82.5M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0302%	1h	61.985	+0.061%	$80.4M	$39.8M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0396%	1h	61.980	+0.053%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0543%	8h	61.950	+0.004%	$295K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.960	+0.021%	$50K	$89K	10x	as long as short