Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0392%/8h= +42.9% APRnext payment +$3.92 per $10,000 · paid last 24h +0.047%
Price spread now: Variational Omni against Bitget−0.106%7-day average −0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.068%+$7 on $10k
Price spread, last 7 days+0.108%+$11 · spread now −0.106%, 7d avg −0.010%
Together, before fees+0.176%+ Points / potential airdropVariational Omni: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.096% cheaper against Bitget than usual: you would sell low and buy high (spread −0.106% now, against its 7-day average of −0.010%). If the spread goes back, that is −$10 on $10k: about 20 hours of funding at the current rate (+$12 a day). At the pace of the last 3 days (+0.068% in total) that is about 4.8 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.068% in total (about 7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.92 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DRAMUSDT62.2500.0113pay 0.0113% / 8h5h 43m$26.2M$13.2M20x
ShortVariational Omni DRAM62.1840.0505get 0.0505% / 8h5h 43m$2.4M$711K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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

Funding earned
$82.26
Price spread: −0.106% → −0.010%
−$9.55
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$60.71
Costs to cover
0.120%
Break-even
1.8 days
Slippage unknown: Bitget: live order book, 5 min ago; Variational Omni: RFQ quote, just now. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago0.80 bp8.3 bp −$813.4 bp −$13429.8 bp −$2,97672.3 bp −$36.1K
Sell Variational Omni RFQ quote, just now3.09 bpdoesn't fit5.5 bp −$55doesn't fitdoesn't fit

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx DRAM/USDC0.0000%1h62.184−0.106%$441K$506K20xas long as short
SunX DRAM-USDT0.0000%8h62.200−0.080%$756$2.8M10xas long as short
HTX DRAM-USDT0.0000%8h62.180−0.112%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.210−0.064%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0030%1h62.199−0.082%$1K$33K5xas long as short
Arcus DRAM-USD+0.0040%1h62.200−0.080%$51K$81K10xas long as short
edgeX DRAMUSDC+0.0041%4h62.214−0.058%$151K$298K20xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.150−0.161%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.192−0.093%$266K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.189−0.098%$2K$15K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:DRAM+0.0050%1h62.192−0.093%$253K$421K25xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.180−0.112%$1.1M$2.0M10xas long as short
QFEX DRAM-USD+0.0055%1h62.180−0.112%$1.0M$78K10xas long as short
Lighter DRAM+0.0064%1h62.229−0.034%$967K$1.0M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0072%1h62.200−0.080%$13K$3K20xas long as short
Pacifica DRAM+0.0100%1h62.193−0.092%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.210−0.064%$3.0M$402K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.290+0.064%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.240−0.016%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.229−0.033%$4K10xas long as short
Bitget DRAMUSDTlong+0.0113%8h62.250long leg$26.2M$13.2M20x
Paradex DRAM-USD-PERP+0.0134%8h62.216−0.054%5xas long as short
tradeXYZ xyz:DRAM+0.0139%1h62.188−0.100%$81.8M$37.3M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h62.040−0.337%$534K$76K20xas long as short
OKX DRAM-USDT-SWAP+0.0198%8h62.230−0.032%$5.5M$4.5M50xas long as short
GRVT DRAM_USDT_Perp+0.0203%8h62.240−0.016%$37K$156K10xas long as short
Bybit DRAMUSDT+0.0264%8h62.266+0.026%$9.7M$10.0M100xas long as short
Aster DRAMUSDT+0.0411%8h62.204−0.075%$200K$36K20xas long as short
Variational Omni DRAMshort+0.0505%8h62.184−0.106%$2.4M$711K
Gate DRAM_USDT+0.0523%8h62.2500.000%$8.1M$3.5M75xas long as short
Binance DRAMUSDT+0.0533%8h62.240−0.016%$44.7M$81.6M50xas long as short
MEXC DRAM_USDT+0.0533%8h62.240−0.016%$9.6M$5.5M100xas long as short
Extended DRAM-USD+0.0536%1h62.194−0.089%$75K$669K10xas long as short
BloFin DRAM-USDT+0.0804%8h62.270+0.032%$301K$26K20xas long as short