Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.005%

Price spread now: Extended against Variational Omni+0.099%7-day average −0.040% · you sell dearer than you buy

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

Long on Variational Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.007%+$1 on $10k

Price spread, last 4 days (all we have)−0.261%−$26 · spread now +0.099%, 7d avg −0.040%

Together, before fees−0.254%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board−$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.139% dearer against Variational Omni than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni DRAM	61.867	0.0218	pay 0.0218% / 8h	52m 41s	$2.4M	$949K	—
Short	Extended DRAM-USD	61.928	0.0272	get 0.0034% / 1h	52m 41s	$77K	$766K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.099%Rate

Funding earned: $11.32
Price spread: +0.099% → −0.040%: $13.94
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $20.26
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Extended: live order book, 25 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 Variational Omni RFQ quote, 1 min ago	3.10 bp	doesn't fit	7.9 bp −$79	doesn't fit	doesn't fit
Sell Extended live order book, 25 min ago	0.49 bp	3.3 bp −$3	7.5 bp −$75	doesn't fit	doesn't fit

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	61.940	+0.119%	$8.3M	$3.4M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.930	+0.102%	$726	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.860	−0.011%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.880	+0.022%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	61.857	−0.016%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.860	−0.011%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.904	+0.060%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.935	+0.110%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.810	−0.092%	$1.2M	$1.7M	10x	as long as short
edgeX DRAMUSDC	+0.0053%	4h	61.904	+0.060%	$153K	$289K	20x	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	+0.0079%	1h	61.910	+0.070%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.877	+0.017%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.880	+0.022%	$3.0M	$474K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.790	−0.124%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.910	+0.070%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.929	+0.101%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0135%	8h	61.940	+0.119%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0136%	8h	61.940	+0.119%	$26.0M	$12.7M	20x	as long as short
Aster DRAMUSDT	+0.0140%	8h	61.902	+0.058%	$199K	$36K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0159%	8h	61.910	+0.070%	$36K	$178K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0172%	8h	61.951	+0.136%	—	—	5x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.463%	$510K	$43K	20x	as long as short
Entropy io:DRAM	+0.0204%	1h	61.880	+0.022%	$260K	$500K	25x	as long as short
Lighter DRAM	+0.0216%	1h	61.937	+0.114%	$977K	$1.2M	20x	as long as short
Variational Omni DRAMlong	+0.0218%	8h	61.867	long leg	$2.4M	$949K	—
Bybit DRAMUSDT	+0.0267%	8h	61.990	+0.199%	$9.3M	$10.4M	100x	as long as short
MEXC DRAM_USDT	+0.0271%	8h	61.940	+0.119%	$11.2M	$6.4M	100x	as long as short
Extended DRAM-USDshort	+0.0272%	1h	61.928	+0.099%	$77K	$766K	10x
Binance DRAMUSDT	+0.0277%	8h	61.940	+0.119%	$43.9M	$82.3M	50x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.925	+0.095%	$456K	$475K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0319%	1h	61.932	+0.106%	$80.3M	$39.8M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0396%	1h	61.920	+0.086%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0535%	8h	61.940	+0.119%	$295K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.930	+0.102%	$51K	$88K	10x	as long as short