Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0122%/8h= −13.3% APRpaid last 24h −0.032%

Price spread now: Aftermath Perps against Variational Omni−0.007%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Aftermath Perps

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 airdropVariational Omni: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni DRAM	61.583	0.0160	pay 0.0160% / 8h	2h 34m	$2.4M	$999K	—
Short	Aftermath Perps DRAMUSD	61.579	0.0038	get 0.0005% / 1h	34m 21s	$1K	$36K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Variational Omni. 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 Variational OmnibpFee Aftermath PerpsbpOrdersPrice spread, now −0.007%Rate

Funding earned: −$25.58
Price spread: −0.007% → 0.000%: −$0.68
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$35.26
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Aftermath Perps: 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 Variational Omni RFQ quote, 5 min ago	3.11 bp	doesn't fit	6.1 bp −$61	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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	61.600	+0.028%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.590	+0.012%	$644	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.580	−0.005%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.590	+0.012%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0009%	4h	61.562	−0.033%	$152K	$289K	20x	as long as short
Aftermath Perps DRAMUSDshort	+0.0038%	1h	61.579	−0.007%	$1K	$36K	5x
Vest DRAM-USD-PERP	+0.0046%	1h	61.550	−0.053%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.576	−0.011%	$203K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.588	+0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.520	−0.102%	$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
OKX DRAM-USDT-SWAP	+0.0056%	8h	61.600	+0.028%	$5.4M	$4.9M	50x	as long as short
QFEX DRAM-USD	+0.0080%	1h	61.600	+0.028%	$1.0M	$77K	10x	as long as short
Aster DRAMUSDT	+0.0085%	8h	61.516	−0.108%	$201K	$33K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.521	−0.100%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.550	−0.053%	$3.0M	$484K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.580	−0.005%	$22K	$181K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.600	+0.028%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.597	+0.023%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0107%	8h	61.590	+0.012%	$25.9M	$12.6M	20x	as long as short
Variational Omni DRAMlong	+0.0160%	8h	61.583	long leg	$2.4M	$999K	—
Paradex DRAM-USD-PERP	+0.0162%	8h	61.583	0.000%	—	—	5x	as long as short
Bybit DRAMUSDT	+0.0162%	8h	61.623	+0.065%	$9.2M	$10.2M	100x	as long as short
GRVT DRAM_USDT_Perp	+0.0165%	8h	61.578	−0.008%	$36K	$192K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0168%	1h	61.567	−0.026%	$79.0M	$39.7M	20x	as long as short
Entropy io:DRAM	+0.0202%	1h	61.555	−0.045%	$249K	$503K	25x	as long as short
BloFin DRAM-USDT	+0.0211%	8h	61.590	+0.012%	$295K	$26K	20x	as long as short
MEXC DRAM_USDT	+0.0218%	8h	61.590	+0.012%	$11.1M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0220%	8h	61.590	+0.012%	$43.7M	$82.6M	50x	as long as short
Extended DRAM-USD	+0.0224%	1h	61.583	+0.001%	$102K	$741K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.510	−0.118%	$510K	$43K	20x	as long as short
Lighter DRAM	+0.0240%	1h	61.596	+0.021%	$990K	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0400%	1h	61.590	+0.012%	$13K	$9K	20x	as long as short
RISEx DRAM/USDC	+0.0459%	1h	61.589	+0.011%	$474K	$440K	20x	as long as short
Arcus DRAM-USD	+0.0739%	1h	61.580	−0.005%	$50K	$97K	10x	as long as short