Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0113%/8h= −12.4% APRpaid last 24h −0.036%

Price spread now: Vest against Bybit−0.117%7-day average — · you buy dearer than you sell

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

Long on Bybit 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 0.117% cheaper against Bybit than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DRAMUSDT	62.503	0.0159	pay 0.0159% / 8h	4h 23m	$9.8M	$9.7M	100x
Short	Vest DRAM-USD-PERP	62.430	0.0046	get 0.0006% / 1h	23m 27s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Bybit. 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 BybitbpFee VestbpOrdersPrice spread, now −0.117%Rate

Funding earned: −$23.7
Price spread: −0.117% → 0.000%: −$11.68
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Vest: 1 bp × 2 orders: −$2
Net: −$48.38
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 5 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 Bybit live order book, 5 min ago	0.80 bp	7.7 bp −$8	13.5 bp −$135	118.2 bp −$11.8K	doesn't fit
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
RISEx DRAM/USDC	0.0000%	1h	62.480	−0.036%	$442K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.470	−0.053%	$743	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.420	−0.133%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.470	−0.053%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0021%	1h	62.411	−0.147%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.464	−0.062%	$971K	$1.0M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0037%	8h	62.460	−0.068%	$37K	$171K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.440	−0.101%	$49K	$78K	10x	as long as short
Vest DRAM-USD-PERPshort	+0.0046%	1h	62.430	−0.117%	—	—	10x
Polymarket Perps DRAM-USD	+0.0050%	1h	62.448	−0.088%	$267K	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	62.465	−0.061%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.410	−0.149%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.470	−0.053%	$1.0M	$78K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0064%	1h	62.454	−0.078%	$81.8M	$35.3M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0070%	1h	62.460	−0.069%	$13K	$3K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0082%	8h	62.464	−0.063%	—	—	5x	as long as short
Bitget DRAMUSDT	+0.0093%	8h	62.480	−0.037%	$26.3M	$13.2M	20x	as long as short
edgeX DRAMUSDC	+0.0095%	4h	62.448	−0.087%	$151K	$297K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.434	−0.110%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.450	−0.085%	$3.0M	$393K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.470	−0.053%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.480	−0.037%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.482	−0.033%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0112%	8h	62.510	+0.011%	$5.5M	$4.5M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.277%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0158%	1h	62.444	−0.094%	$184K	$441K	25x	as long as short
Bybit DRAMUSDTlong	+0.0159%	8h	62.503	long leg	$9.8M	$9.7M	100x
Aster DRAMUSDT	+0.0274%	8h	62.463	−0.064%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0355%	8h	62.443	−0.095%	$2.4M	$747K	—	as long as short
Binance DRAMUSDT	+0.0388%	8h	62.482	−0.033%	$45.0M	$80.0M	50x	as long as short
MEXC DRAM_USDT	+0.0391%	8h	62.470	−0.053%	$8.9M	$5.5M	100x	as long as short
Extended DRAM-USD	+0.0392%	1h	62.457	−0.073%	$76K	$622K	10x	as long as short
BloFin DRAM-USDT	+0.0463%	8h	62.480	−0.037%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0634%	8h	62.500	−0.005%	$8.2M	$3.5M	75x	as long as short