Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.40 per $10,000 · paid last 24h −0.005%
Price spread now: Variational Omni against Binance−0.025%7-day average −0.001% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.008%−$1 on $10k
+Price spread, last 2 days (all we have)−0.012%−$1 · spread now −0.025%, 7d avg −0.001%
=Together, before fees−0.021%+ Points / potential airdropVariational Omni: Active · farm board−$2 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 Variational Omni is 0.024% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.001%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DRAMUSDT | 62.300 | 0.0559 | pay 0.0559% / 8h | 5h 55m | $44.7M | $81.6M | 50x |
| Short | Variational Omni DRAM | 62.285 | 0.0519 | get 0.0519% / 8h | 5h 55m | $2.4M | $710K | — |
Binance DRAMUSDT
Variational Omni DRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Binance. 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
- −$8.38
- Price spread: −0.025% → −0.001%
- −$2.36
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$20.74
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 2 min ago; Variational Omni: RFQ quote, 3 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 Binance live order book, 2 min ago | 0.80 bp | 6.5 bp −$6 | 8.5 bp −$85 | 31.6 bp −$3,164 | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 3.09 bp | doesn't fit | 6.8 bp −$68 | doesn't fit | doesn't fit |
DRAM on 33 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 | 62.310 | +0.017% | $448K | $505K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.310 | +0.016% | $603 | $2.8M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.300 | 0.000% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.310 | +0.016% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0032% | 1h | 62.207 | −0.150% | $1K | $33K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.250 | −0.080% | $51K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.250 | −0.080% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.288 | −0.019% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.315 | +0.024% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.270 | −0.048% | $1.2M | $1.9M | 10x | as long as short |
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.PShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX DRAM-USD | +0.0055% | 1h | 62.300 | 0.000% | $1.0M | $78K | 10x | as long as short |
| edgeX DRAMUSDC | +0.0057% | 4h | 62.231 | −0.110% | $151K | $298K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.327 | +0.044% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.260 | −0.064% | $3.0M | $404K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.190 | −0.177% | $22K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.330 | +0.048% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.332 | +0.052% | $4K | — | 10x | as long as short |
| Bitget DRAMUSDT | +0.0119% | 8h | 62.320 | +0.032% | $26.2M | $13.1M | 20x | as long as short |
| Entropy io:DRAM | +0.0130% | 1h | 62.226 | −0.119% | $253K | $427K | 25x | as long as short |
| Paradex DRAM-USD-PERP | +0.0154% | 8h | 62.308 | +0.012% | — | — | 5x | as long as short |
| Lighter DRAM | +0.0168% | 1h | 62.296 | −0.006% | $968K | $1.0M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 62.040 | −0.417% | $534K | $81K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0215% | 8h | 62.320 | +0.032% | $5.5M | $4.5M | 50x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0243% | 8h | 62.210 | −0.144% | $36K | $155K | 10x | as long as short |
| Bybit DRAMUSDT | +0.0284% | 8h | 62.358 | +0.093% | $9.7M | $10.0M | 100x | as long as short |
| tradeXYZ xyz:DRAM | +0.0297% | 1h | 62.293 | −0.011% | $82.2M | $37.0M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0393% | 1h | 62.280 | −0.032% | $13K | $3K | 20x | as long as short |
| Aster DRAMUSDT | +0.0436% | 8h | 62.324 | +0.038% | $200K | $36K | 20x | as long as short |
| Gate DRAM_USDT | +0.0505% | 8h | 62.350 | +0.080% | $8.2M | $3.5M | 75x | as long as short |
| Variational Omni DRAMshort | +0.0519% | 8h | 62.285 | −0.025% | $2.4M | $710K | — | |
| MEXC DRAM_USDT | +0.0558% | 8h | 62.300 | 0.000% | $9.6M | $5.5M | 100x | as long as short |
| Binance DRAMUSDTlong | +0.0559% | 8h | 62.300 | long leg | $44.7M | $81.6M | 50x | |
| Extended DRAM-USD | +0.0560% | 1h | 62.295 | −0.008% | $75K | $669K | 10x | as long as short |
QFEX DRAM-USD
edgeX DRAMUSDC
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Bitget DRAMUSDT
Entropy io:DRAM
Paradex DRAM-USD-PERP
Lighter DRAM
Coinbase International DRAM-PERP-INTX
OKX DRAM-USDT-SWAP
GRVT DRAM_USDT_Perp
Bybit DRAMUSDT
tradeXYZ xyz:DRAM
Deribit DRAM_USDC-PERPETUAL
Aster DRAMUSDT
Gate DRAM_USDT
MEXC DRAM_USDT
Extended DRAM-USD