Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0016%/8h= −1.8% APRpaid last 24h −0.001%

Price spread now: Vest against edgeX−0.028%63s7-day average — · you buy dearer than you sell

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

Long on edgeX 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 airdropedgeX: Active · Vest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Vest is 0.028% cheaper against edgeX 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 63 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	edgeX DRAMUSDC	61.777	0.0062	pay 0.0031% / 4h	1h 18m	$153K	$289K	20x
Short	Vest DRAM-USD-PERP	61.760	0.0046	get 0.0006% / 1h	18m 26s	—	$797	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against edgeX. 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 edgeXbpFee VestbpOrdersPrice spread, now −0.028%Rate

Funding earned: −$3.46
Price spread: −0.028% → 0.000%: −$2.8
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Vest: 1 bp × 2 orders: −$2
Net: −$17.25
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 64 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 edgeX live order book, 64 min ago	2.43 bp	7.2 bp −$7	14.0 bp −$140	doesn't fit	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
Gate DRAM_USDT	0.0000%	8h	61.810	+0.053%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.800	+0.037%	$824	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.770	−0.012%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.800	+0.037%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	61.763	−0.022%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERPshort	+0.0046%	1h	61.760	−0.028%	—	$797	10x
Entropy io:DRAM	+0.0050%	1h	61.746	−0.051%	$260K	$509K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.765	−0.020%	$210K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.788	+0.017%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.750	−0.044%	$1.2M	$1.7M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0052%	1h	61.760	−0.028%	$1.0M	$77K	10x	as long as short
edgeX DRAMUSDClong	+0.0062%	4h	61.777	long leg	$153K	$289K	20x
Pacifica DRAM	+0.0100%	1h	61.799	+0.036%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.780	+0.004%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.800	+0.037%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.790	+0.021%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.804	+0.043%	$4K	—	10x	as long as short
Aster DRAMUSDT	+0.0109%	8h	61.749	−0.046%	$199K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0115%	8h	61.790	+0.021%	$26.0M	$12.4M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0118%	8h	61.790	+0.021%	$5.4M	$4.6M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0145%	8h	61.790	+0.021%	$36K	$181K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0161%	8h	61.780	+0.004%	—	—	5x	as long as short
Variational Omni DRAM	+0.0196%	8h	61.777	0.000%	$2.4M	$949K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.319%	$510K	$43K	20x	as long as short
Bybit DRAMUSDT	+0.0230%	8h	61.830	+0.085%	$9.3M	$10.4M	100x	as long as short
Extended DRAM-USD	+0.0240%	1h	61.778	+0.001%	$77K	$765K	10x	as long as short
MEXC DRAM_USDT	+0.0242%	8h	61.770	−0.012%	$11.2M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0242%	8h	61.770	−0.012%	$43.8M	$82.6M	50x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.790	+0.021%	$455K	$475K	20x	as long as short
Lighter DRAM	+0.0288%	1h	61.783	+0.009%	$968K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0307%	1h	61.767	−0.017%	$79.3M	$39.5M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.790	+0.021%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0478%	8h	61.790	+0.021%	$295K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.770	−0.012%	$50K	$91K	10x	as long as short