Funding you earn now, next payment 10:00 UTC−0.0015%/8h= −1.7% APRpaid last 24h −0.008%
Price spread now: Variational Omni against Coinbase International+0.244%7-day average +0.170% · 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)−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)−0.250%−$25 · spread now +0.244%, 7d avg +0.170%
=Together, before fees−0.308%+ Points / potential airdropVariational Omni: Active · farm board−$31 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.074% dearer against Coinbase International than usual: you sell high and buy low (spread +0.244% now, against its 7-day average of +0.170%): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 16 days. At the pace of the last 4 days (−0.058% in total) that is about 4.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DRAM-PERP-INTX | 61.140 | 0.0232 | pay 0.0029% / 1h | 7m 54s | $536K | $91K | 20x |
| Short | Variational Omni DRAM | 61.289 | 0.0217 | get 0.0217% / 8h | 5h 07m | $2.2M | $698K | — |
Funding 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
- −$3.19
- Price spread: +0.244% → +0.170%
- $7.42
- 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
- −$5.77
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 38 min ago; Variational Omni: RFQ quote, 4 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, 38 min ago | 5.71 bp | 10.7 bp −$11 | 13.7 bp −$137 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 3.12 bp | doesn't fit | 5.4 bp −$54 | doesn't fit | doesn't fit |
DRAM on 34 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit DRAMUSDT | 0.0000% | 8h | 61.343 | +0.332% | $9.6M | $11.2M | 100x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 61.330 | +0.311% | $26.8M | $17.2M | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.320 | +0.294% | $695 | $2.4M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.290 | +0.245% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.320 | +0.294% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0024% | 4h | 61.283 | +0.235% | $149K | $298K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0027% | 1h | 61.280 | +0.229% | $1K | $26K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.270 | +0.213% | $59K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.290 | +0.245% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.286 | +0.239% | $255K | $1.3M | 10x | as long as short |
Show all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX DRAM-USD | +0.0050% | 1h | 61.309 | +0.276% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.240 | +0.164% | $1.1M | $3.7M | 10x | as long as short |
| Lighter DRAM | +0.0056% | 1h | 61.296 | +0.255% | $1.1M | $1.4M | 20x | as long as short |
| QFEX DRAM-USD | +0.0057% | 1h | 61.300 | +0.262% | $1.0M | $98K | 10x | as long as short |
| Gate DRAM_USDT | +0.0073% | 8h | 61.340 | +0.327% | $8.0M | $3.8M | 75x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.270 | +0.213% | $75K | $31K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.280 | +0.229% | $3.0M | $413K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.330 | +0.311% | $21K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.310 | +0.278% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.313 | +0.283% | $4K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0108% | 8h | 61.306 | +0.272% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0113% | 1h | 61.282 | +0.232% | $79.5M | $38.7M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0166% | 8h | 61.340 | +0.327% | $5.5M | $6.7M | 50x | as long as short |
| Aster DRAMUSDT | +0.0182% | 8h | 61.326 | +0.305% | $196K | $28K | 20x | as long as short |
| Variational Omni DRAMshort | +0.0217% | 8h | 61.289 | +0.244% | $2.2M | $698K | — | |
| Coinbase International DRAM-PERP-INTXlong | +0.0232% | 1h | 61.140 | long leg | $536K | $91K | 20x | |
| Deribit DRAM_USDC-PERPETUAL | +0.0240% | 1h | 61.300 | +0.262% | $13K | $3K | 20x | as long as short |
| Extended DRAM-USD | +0.0272% | 1h | 61.290 | +0.246% | $98K | $293K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0272% | 8h | 61.300 | +0.262% | $9.0M | $5.4M | 100x | as long as short |
| Binance DRAMUSDT | +0.0274% | 8h | 61.310 | +0.278% | $44.4M | $98.9M | 50x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0345% | 8h | 61.300 | +0.262% | $36K | $228K | 10x | as long as short |
| Entropy io:DRAM | +0.0473% | 1h | 61.293 | +0.250% | $303K | $1.7M | 25x | as long as short |
| RISEx DRAM/USDC | +0.0600% | 1h | 61.303 | +0.266% | $461K | $367K | 20x | as long as short |
| BloFin DRAM-USDT | +0.0649% | 8h | 61.340 | +0.327% | $306K | $28K | 20x | as long as short |
Coinbase International DRAM-PERP-INTX
Variational Omni DRAM
Bybit DRAMUSDT
Bitget DRAMUSDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Lighter DRAM
Gate DRAM_USDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
OKX DRAM-USDT-SWAP
Aster DRAMUSDT
Deribit DRAM_USDC-PERPETUAL
Extended DRAM-USD
MEXC DRAM_USDT
Binance DRAMUSDT
GRVT DRAM_USDT_Perp
RISEx DRAM/USDC
BloFin DRAM-USDT