Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0365%/8h= +40.0% APRpaid last 24h +0.042%

Price spread now: Deribit against Variational Omni+0.069%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Deribit

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

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Deribit is 0.069% dearer against Variational Omni than usual: you sell high and buy low: +$7 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	Variational Omni DRAM	61.747	0.0195	pay 0.0195% / 8h	1h 10m	$2.4M	$949K	—
Short	Deribit DRAM_USDC-PERPETUAL	61.790	0.0560	get 0.0070% / 1h	10m 34s	$13K	$9K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.069%Rate

Funding earned: $76.72
Price spread: +0.069% → 0.000%: $6.92
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $76.64
Costs to cover: 0.070%
Break-even: 0.0 days

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Deribit: 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, 4 min ago	3.10 bp	doesn't fit	7.7 bp −$77	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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	61.800	+0.085%	$8.3M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.760	+0.021%	$750	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.730	−0.028%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.780	+0.053%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	61.752	+0.007%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.710	−0.060%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.729	−0.030%	$260K	$510K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.748	+0.001%	$210K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.772	+0.040%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.720	−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	61.790	+0.069%	$1.0M	$80K	10x	as long as short
edgeX DRAMUSDC	+0.0095%	4h	61.783	+0.057%	$153K	$288K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.729	−0.029%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.770	+0.037%	$3.0M	$477K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.800	+0.085%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.780	+0.053%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.786	+0.062%	$4K	—	10x	as long as short
Aster DRAMUSDT	+0.0106%	8h	61.740	−0.012%	$198K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0113%	8h	61.770	+0.037%	$26.0M	$12.5M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0116%	8h	61.790	+0.069%	$5.4M	$4.6M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0140%	8h	61.785	+0.061%	$36K	$181K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0153%	8h	61.776	+0.046%	—	—	5x	as long as short
Variational Omni DRAMlong	+0.0195%	8h	61.747	long leg	$2.4M	$949K	—
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.271%	$510K	$43K	20x	as long as short
Bybit DRAMUSDT	+0.0236%	8h	61.814	+0.108%	$9.3M	$10.4M	100x	as long as short
MEXC DRAM_USDT	+0.0239%	8h	61.780	+0.053%	$11.2M	$6.4M	100x	as long as short
Extended DRAM-USD	+0.0240%	1h	61.773	+0.042%	$77K	$765K	10x	as long as short
Binance DRAMUSDT	+0.0240%	8h	61.788	+0.066%	$43.8M	$82.7M	50x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.786	+0.063%	$455K	$475K	20x	as long as short
Lighter DRAM	+0.0272%	1h	61.783	+0.058%	$968K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0285%	1h	61.768	+0.034%	$79.3M	$39.5M	20x	as long as short
BloFin DRAM-USDT	+0.0461%	8h	61.770	+0.037%	$294K	$27K	20x	as long as short
Deribit DRAM_USDC-PERPETUALshort	+0.0560%	1h	61.790	+0.069%	$13K	$9K	20x
Arcus DRAM-USD	+0.0649%	1h	61.780	+0.053%	$50K	$91K	10x	as long as short