Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0168%/8h= −18.4% APRpaid last 24h —

Price spread now: Vest against Paradex−0.115%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Vest

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · Vest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Vest is 0.115% cheaper against Paradex 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	Paradex DRAM-USD-PERP	62.432	0.0214	pay 0.0214% / 8h	7h 28m	—	—	5x
Short	Vest DRAM-USD-PERP	62.360	0.0046	get 0.0006% / 1h	28m 30s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Paradex. 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 ParadexbpFee VestbpOrdersPrice spread, now −0.115%Rate

Funding earned: −$35.36
Price spread: −0.115% → 0.000%: −$11.53
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Vest: 1 bp × 2 orders: −$2
Net: −$52.89
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; 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 Paradex no order-book sample	—	—	—	—	—
Sell Vest no order-book sample	—	—	—	—	—

Paradex and 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
SunX DRAM-USDT	0.0000%	8h	62.350	−0.131%	$746	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.330	−0.163%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.380	−0.083%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0026%	4h	62.305	−0.203%	$151K	$297K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0037%	1h	62.317	−0.185%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERPshort	+0.0046%	1h	62.360	−0.115%	—	—	10x
Polymarket Perps DRAM-USD	+0.0050%	1h	62.412	−0.032%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.334	−0.157%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.300	−0.211%	$1.1M	$1.9M	10x	as long as short
Pacifica DRAM	+0.0100%	1h	62.403	−0.046%	$76K	$41K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DRAMUSDTM	+0.0100%	8h	62.320	−0.179%	$3.0M	$433K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.300	−0.211%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.350	−0.131%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.352	−0.128%	$4K	—	10x	as long as short
Lighter DRAM	+0.0120%	1h	62.405	−0.043%	$965K	$1.2M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.410	−0.035%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.820%	$535K	$95K	20x	as long as short
Paradex DRAM-USD-PERPlong	+0.0214%	8h	62.432	long leg	—	—	5x
OKX DRAM-USDT-SWAP	+0.0231%	8h	62.450	+0.029%	$5.5M	$4.7M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0260%	1h	62.391	−0.066%	$81.9M	$39.5M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0392%	1h	62.330	−0.163%	$13K	$3K	20x	as long as short
Aster DRAMUSDT	+0.0403%	8h	62.317	−0.184%	$200K	$36K	20x	as long as short
Bybit DRAMUSDT	+0.0448%	8h	62.493	+0.098%	$9.6M	$10.5M	100x	as long as short
Bitget DRAMUSDT	+0.0457%	8h	62.420	−0.019%	$26.2M	$12.9M	20x	as long as short
Variational Omni DRAM	+0.0481%	8h	62.305	−0.203%	$2.4M	$751K	—	as long as short
Entropy io:DRAM	+0.0508%	1h	62.304	−0.205%	$254K	$462K	25x	as long as short
MEXC DRAM_USDT	+0.0525%	8h	62.420	−0.019%	$9.7M	$6.7M	100x	as long as short
Extended DRAM-USD	+0.0528%	1h	62.417	−0.025%	$75K	$769K	10x	as long as short
Binance DRAMUSDT	+0.0533%	8h	62.440	+0.013%	$44.6M	$81.7M	50x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.320	−0.179%	$51K	$81K	10x	as long as short
Gate DRAM_USDT	+0.0715%	8h	62.430	−0.003%	$8.3M	$3.4M	75x	as long as short
GRVT DRAM_USDT_Perp	+0.0771%	8h	62.312	−0.192%	$37K	$157K	10x	as long as short
BloFin DRAM-USDT	+0.0899%	8h	62.370	−0.099%	$298K	$26K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.414	−0.029%	$461K	$495K	20x	as long as short