Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h +0.035%

Price spread now: Variational Omni against Aevo+0.064%7-day average — · you sell dearer than you buy

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

Long on Aevo 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

The price spread pays, funding is against you. Variational Omni is 0.064% dearer against Aevo than usual: you sell high and buy low (spread +0.064% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo DRAM-PERP	60.808	0.0104	pay 0.0013% / 1h	0m 03s	$4K	—	10x
Short	Variational Omni DRAM	60.847	0	get 0.0000% / 8h	0m 03s	$2.3M	$589K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aevo. 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 AevobpFee Variational OmnibpOrdersPrice spread, now +0.064%Rate

Funding earned: −$21.84
Price spread: +0.064% → 0.000%: $6.41
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$31.43
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; 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 Aevo no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 4 min ago	3.12 bp	doesn't fit	6.1 bp −$61	doesn't fit	doesn't fit

Aevo: 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	−0.0765%	8h	60.900	+0.152%	$26.6M	$15.2M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.824	+0.026%	$195K	$39K	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.819	+0.018%	$421K	$339K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	60.880	+0.119%	$7.9M	$3.8M	75x	as long as short
Variational Omni DRAMshort	0.0000%	8h	60.847	+0.064%	$2.3M	$589K	—
GRVT DRAM_USDT_Perp	0.0000%	8h	60.884	+0.125%	$36K	$209K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.830	+0.036%	$878	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.800	−0.013%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.830	+0.036%	$1.7M	$1.3M	10x	as long as short
Extended DRAM-USD	+0.0008%	1h	60.824	+0.026%	$74K	$198K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC DRAM_USDT	+0.0009%	8h	60.830	+0.036%	$8.4M	$5.7M	100x	as long as short
Binance DRAMUSDT	+0.0010%	8h	60.837	+0.048%	$43.8M	$89.0M	50x	as long as short
OKX DRAM-USDT-SWAP	+0.0016%	8h	60.850	+0.069%	$5.4M	$6.0M	50x	as long as short
Bybit DRAMUSDT	+0.0024%	8h	60.864	+0.092%	$9.6M	$10.5M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0039%	1h	60.819	+0.019%	$1K	$29K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.820	+0.020%	$47K	$67K	10x	as long as short
QFEX DRAM-USD	+0.0040%	1h	60.820	+0.020%	$990K	$84K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.800	−0.013%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.785	−0.038%	$179K	$479K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.797	−0.018%	$253K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.824	+0.027%	$2K	$15K	20x	as long as short
BloFin DRAM-USDT	+0.0050%	8h	60.880	+0.119%	$298K	$26K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.800	−0.013%	$1.1M	$3.5M	10x	as long as short
edgeX DRAMUSDC	+0.0067%	4h	60.866	+0.096%	$148K	$299K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0096%	8h	60.795	−0.022%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	60.838	+0.049%	$73K	$34K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.800	−0.013%	$3.0M	$419K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.890	+0.135%	$21K	$183K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.820	+0.020%	$8K	—	10x	as long as short
Aevo DRAM-PERPlong	+0.0104%	1h	60.808	long leg	$4K	—	10x
Coinbase International DRAM-PERP-INTX	+0.0176%	1h	60.940	+0.217%	$523K	$75K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0187%	1h	60.814	+0.010%	$78.8M	$35.7M	20x	as long as short
Lighter DRAM	+0.0344%	1h	60.815	+0.012%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0573%	1h	60.800	−0.013%	$13K	$3K	20x	as long as short