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−0.0278%/8h= −30.5% APRnext payment $2.78 per $10,000 · paid last 24h −0.034%
Price spread now: Variational Omni against BloFin−0.044%7-day average −0.011% · 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)−0.043%−$4 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now −0.044%, 7d avg −0.011%
Together, before fees−0.043%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Variational Omni is 0.033% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.011%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.043% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.78 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
LongBloFin DRAM-USDT62.2300.0769pay 0.0769% / 8h5h 36m$302K$26K20x
ShortVariational Omni DRAM62.2030.0491get 0.0491% / 8h5h 36m$2.4M$713K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. 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
−$58.47
Price spread: −0.044% → −0.011%
−$3.25
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$73.72
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 3 min ago2.41 bp9.6 bp −$1011.8 bp −$11833.8 bp −$3,381doesn't fit
Sell Variational Omni RFQ quote, 3 min ago3.09 bpdoesn't fit5.7 bp −$57doesn'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%1h62.270+0.065%$442K$506K20xas long as short
SunX DRAM-USDT0.0000%8h62.240+0.016%$781$2.8M10xas long as short
HTX DRAM-USDT0.0000%8h62.210−0.032%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.280+0.080%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0029%1h62.223−0.011%$1K$33K5xas long as short
Arcus DRAM-USD+0.0040%1h62.220−0.016%$51K$81K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.180−0.080%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.219−0.018%$266K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.239+0.014%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.190−0.064%$1.1M$2.1M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:DRAM+0.0052%1h62.193−0.059%$253K$419K25xas long as short
QFEX DRAM-USD+0.0055%1h62.250+0.032%$1.0M$78K10xas long as short
edgeX DRAMUSDC+0.0091%4h62.217−0.021%$151K$296K20xas long as short
Bitget DRAMUSDT+0.0095%8h62.280+0.080%$26.2M$13.2M20xas long as short
Pacifica DRAM+0.0100%1h62.278+0.077%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.240+0.016%$3.0M$402K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.190−0.064%$22K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.270+0.064%$9K10xas long as short
Lighter DRAM+0.0104%1h62.240+0.016%$967K$1.0M20xas long as short
Aevo DRAM-PERP+0.0104%1h62.268+0.062%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0135%8h62.250+0.032%5xas long as short
tradeXYZ xyz:DRAM+0.0151%1h62.239+0.014%$81.8M$37.0M20xas long as short
GRVT DRAM_USDT_Perp+0.0163%8h62.240+0.016%$36K$157K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h62.040−0.305%$534K$76K20xas long as short
OKX DRAM-USDT-SWAP+0.0196%8h62.280+0.080%$5.5M$4.5M50xas long as short
Bybit DRAMUSDT+0.0273%8h62.310+0.129%$9.7M$10.1M100xas long as short
Aster DRAMUSDT+0.0402%8h62.274+0.070%$200K$36K20xas long as short
Variational Omni DRAMshort+0.0491%8h62.203−0.044%$2.4M$713K
Extended DRAM-USD+0.0520%1h62.260+0.048%$75K$669K10xas long as short
MEXC DRAM_USDT+0.0523%8h62.270+0.064%$9.6M$5.5M100xas long as short
Binance DRAMUSDT+0.0523%8h62.270+0.064%$44.7M$81.7M50xas long as short
Gate DRAM_USDT+0.0543%8h62.310+0.129%$8.1M$3.5M75xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0554%1h62.250+0.032%$13K$3K20xas long as short
BloFin DRAM-USDTlong+0.0769%8h62.230long leg$302K$26K20x