Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0109%/8h= +12.0% APRpaid last 24h +0.013%

Price spread now: Variational Omni against Pacifica+0.055%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on Variational Omni

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 airdropPacifica: Active · Variational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.055% dearer against Pacifica than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica DRAM	61.803	0.0100	pay 0.0013% / 1h	57m 36s	$75K	$40K	10x
Short	Variational Omni DRAM	61.837	0.0209	get 0.0209% / 8h	57m 36s	$2.4M	$940K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Pacifica. 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 PacificabpFee Variational OmnibpOrdersPrice spread, now +0.055%Rate

Funding earned: $22.97
Price spread: +0.055% → 0.000%: $5.47
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $20.44
Costs to cover: 0.080%
Break-even: 0.8 days

Slippage unknown: Pacifica: no order-book sample; Variational Omni: RFQ quote, 2 min ago. 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 Pacifica no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 2 min ago	3.10 bp	doesn't fit	4.7 bp −$47	doesn't fit	doesn't fit

Pacifica: 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	61.860	+0.093%	$8.3M	$3.4M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.890	+0.141%	$801	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.830	+0.044%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.820	+0.028%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	61.799	−0.007%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.790	−0.021%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.846	+0.070%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.832	+0.047%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.780	−0.037%	$1.2M	$1.7M	10x	as long as short
QFEX DRAM-USD	+0.0079%	1h	61.850	+0.076%	$1.0M	$80K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX DRAMUSDC	+0.0096%	4h	61.830	+0.044%	$153K	$288K	20x	as long as short
Pacifica DRAMlong	+0.0100%	1h	61.803	long leg	$75K	$40K	10x
KuCoin DRAMUSDTM	+0.0100%	8h	61.800	−0.005%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.840	+0.060%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.850	+0.076%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.851	+0.078%	$4K	—	10x	as long as short
Aster DRAMUSDT	+0.0127%	8h	61.788	−0.024%	$199K	$36K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0129%	8h	61.840	+0.060%	$5.4M	$4.5M	50x	as long as short
Bitget DRAMUSDT	+0.0130%	8h	61.850	+0.076%	$26.0M	$12.6M	20x	as long as short
Entropy io:DRAM	+0.0145%	1h	61.812	+0.015%	$260K	$506K	25x	as long as short
GRVT DRAM_USDT_Perp	+0.0148%	8h	61.849	+0.075%	$36K	$180K	10x	as long as short
Lighter DRAM	+0.0160%	1h	61.850	+0.076%	$976K	$1.2M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0166%	8h	61.851	+0.078%	—	—	5x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.361%	$510K	$43K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0199%	1h	61.835	+0.052%	$79.6M	$39.6M	20x	as long as short
Variational Omni DRAMshort	+0.0209%	8h	61.837	+0.055%	$2.4M	$940K	—
Bybit DRAMUSDT	+0.0255%	8h	61.890	+0.141%	$9.3M	$10.4M	100x	as long as short
Extended DRAM-USD	+0.0256%	1h	61.838	+0.056%	$77K	$766K	10x	as long as short
MEXC DRAM_USDT	+0.0258%	8h	61.840	+0.060%	$11.2M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0261%	8h	61.850	+0.076%	$43.9M	$82.5M	50x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.859	+0.091%	$456K	$475K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0397%	1h	61.840	+0.060%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0506%	8h	61.830	+0.044%	$295K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.850	+0.076%	$51K	$89K	10x	as long as short