Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0091%/8h= −10.0% APRpaid last 24h +0.007%

Price spread now: Vest against Bitget−0.032%51s7-day average — · you buy dearer than you sell

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

Long on Bitget Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Vest is 0.032% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget DRAMUSDT	61.940	0.0137	pay 0.0137% / 8h	50m 41s	$26.0M	$12.7M	20x
Short	Vest DRAM-USD-PERP	61.920	0.0046	get 0.0006% / 1h	50m 41s	—	$797	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee BitgetbpFee VestbpOrdersPrice spread, now −0.032%Rate

Funding earned: −$19.18
Price spread: −0.032% → 0.000%: −$3.23
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$36.41
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 3 min ago; Vest: no order-book sample. 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 Bitget live order book, 3 min ago	0.81 bp	8.1 bp −$8	12.8 bp −$128	25.8 bp −$2,577	56.7 bp −$28.3K
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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
Gate DRAM_USDT	0.0000%	8h	61.940	0.000%	$8.3M	$3.4M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.950	+0.016%	$766	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.900	−0.065%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.890	−0.081%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	61.872	−0.109%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERPshort	+0.0046%	1h	61.920	−0.032%	—	$797	10x
Polymarket Perps DRAM-USD	+0.0050%	1h	61.920	−0.032%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.945	+0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.900	−0.065%	$1.2M	$1.8M	10x	as long as short
edgeX DRAMUSDC	+0.0053%	4h	61.904	−0.058%	$153K	$289K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit DRAM_USDC-PERPETUAL	+0.0073%	1h	61.910	−0.048%	$13K	$9K	20x	as long as short
QFEX DRAM-USD	+0.0079%	1h	61.930	−0.016%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.948	+0.013%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.870	−0.113%	$3.0M	$474K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.970	+0.048%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.930	−0.016%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.958	+0.029%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0134%	8h	61.940	0.000%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDTlong	+0.0137%	8h	61.940	long leg	$26.0M	$12.7M	20x
Aster DRAMUSDT	+0.0147%	8h	61.881	−0.096%	$199K	$36K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0159%	8h	61.910	−0.048%	$36K	$178K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0170%	8h	61.927	−0.021%	—	—	5x	as long as short
Entropy io:DRAM	+0.0186%	1h	61.890	−0.081%	$258K	$501K	25x	as long as short
Lighter DRAM	+0.0192%	1h	61.944	+0.006%	$977K	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.581%	$510K	$43K	20x	as long as short
Variational Omni DRAM	+0.0218%	8h	61.867	−0.118%	$2.4M	$949K	—	as long as short
Bybit DRAMUSDT	+0.0268%	8h	61.986	+0.074%	$9.3M	$10.4M	100x	as long as short
MEXC DRAM_USDT	+0.0277%	8h	61.940	0.000%	$11.2M	$6.4M	100x	as long as short
Extended DRAM-USD	+0.0280%	1h	61.928	−0.019%	$77K	$766K	10x	as long as short
Binance DRAMUSDT	+0.0282%	8h	61.940	0.000%	$43.9M	$82.3M	50x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.940	0.000%	$457K	$475K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0301%	1h	61.933	−0.011%	$80.3M	$39.8M	20x	as long as short
BloFin DRAM-USDT	+0.0539%	8h	61.940	0.000%	$295K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.920	−0.032%	$50K	$89K	10x	as long as short