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+0.0225%/8h= +24.7% APRnext payment +$2.25 per $10,000 · paid last 24h −0.013%
Price spread now: Variational Omni against OKX+0.011%7-day average −0.004% · you sell dearer than you buy
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)−0.013%−$1 on $10k
Price spread, last 7 days−0.035%−$4 · spread now +0.011%, 7d avg −0.004%
Together, before fees−0.048%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.013% in total (about -1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.25 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
LongOKX DRAM-USDT-SWAP62.0400.0186pay 0.0186% / 8h7h 58m$5.4M$4.6M50x
ShortVariational Omni DRAM62.0470.0411get 0.0411% / 8h7h 58m$2.4M$948K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. 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
$47.29
Price spread: +0.011% → −0.004%
$1.48
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$38.76
Costs to cover
0.100%
Break-even
1.3 days
Slippage unknown: OKX: live order book, 4 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 OKX live order book, 4 min ago0.81 bp8.8 bp −$916.3 bp −$163118.3 bp −$11.8Kdoesn't fit
Sell Variational Omni RFQ quote, just now3.09 bpdoesn't fit6.8 bp −$68doesn'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
Polymarket Perps DRAM-USD−0.0186%1h62.013−0.044%$265K$1.5M10xas long as short
Bybit DRAMUSDT0.0000%8h62.110+0.113%$9.4M$10.6M100xas long as short
Gate DRAM_USDT0.0000%8h62.060+0.032%$8.3M$3.3M75xas long as short
SunX DRAM-USDT0.0000%8h62.060+0.032%$569$3.2M10xas long as short
HTX DRAM-USDT0.0000%8h62.010−0.048%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.050+0.016%$1.8M$1.3M10xas long as short
edgeX DRAMUSDC+0.0032%4h62.048+0.013%$154K$291K20xas long as short
Aftermath Perps DRAMUSD+0.0041%1h62.003−0.059%$1K$36K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.810−0.371%$79710xas long as short
tradeXYZ xyz:DRAM+0.0050%1h62.019−0.034%$81.2M$41.1M20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX DRAM-USD+0.0050%1h62.025−0.024%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.850−0.306%$1.2M$1.8M10xas long as short
QFEX DRAM-USD+0.0079%1h61.950−0.145%$1.0M$80K10xas long as short
Pacifica DRAM+0.0100%1h61.979−0.099%$76K$40K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.920−0.193%$3.0M$469K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.060+0.032%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.970−0.113%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.023−0.028%$4K10xas long as short
Lighter DRAM+0.0144%1h62.036−0.006%$975K$1.1M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.920−0.193%$535K$95K20xas long as short
OKX DRAM-USDT-SWAPlong+0.0186%8h62.040long leg$5.4M$4.6M50x
Bitget DRAMUSDT+0.0198%8h62.030−0.016%$26.3M$12.6M20xas long as short
Paradex DRAM-USD-PERP+0.0219%8h62.052+0.019%5xas long as short
GRVT DRAM_USDT_Perp+0.0311%8h62.072+0.052%$37K$170K10xas long as short
Aster DRAMUSDT+0.0316%8h62.021−0.030%$200K$36K20xas long as short
Variational Omni DRAMshort+0.0411%8h62.047+0.011%$2.4M$948K
Entropy io:DRAM+0.0446%1h62.003−0.060%$253K$494K25xas long as short
Extended DRAM-USD+0.0448%1h62.065+0.040%$78K$764K10xas long as short
MEXC DRAM_USDT+0.0450%8h62.080+0.064%$10.5M$6.6M100xas long as short
Binance DRAMUSDT+0.0451%8h62.079+0.063%$43.7M$84.1M50xas long as short
Arcus DRAM-USD+0.0680%1h62.030−0.016%$50K$89K10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0719%1h61.960−0.129%$13K$9K20xas long as short
BloFin DRAM-USDT+0.0758%8h62.100+0.097%$295K$27K20xas long as short
RISEx DRAM/USDC+0.1096%1h61.943−0.156%$456K$475K20xas long as short