Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0114%/8h= −12.5% APRnext payment $1.14 per $10,000 · paid last 24h −0.011%
Price spread now: KuCoin against Variational Omni−0.194%7-day average −0.042% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.006%−$1 on $10k
Price spread, last 7 days+0.176%+$18 · spread now −0.194%, 7d avg −0.042%
Together, before fees+0.171%+ Points / potential airdropVariational Omni: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.152% cheaper against Variational Omni than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.042%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni DRAM61.2090.0214pay 0.0214% / 8h4h 48m$2.2M$686K
ShortKuCoin DRAMUSDTM61.0900.0100get 0.0100% / 8h4h 48m$3.0M$410K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
−$23.92
Price spread: −0.194% → −0.042%
−$15.19
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$51.11
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; KuCoin: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 4 min ago3.11 bpdoesn't fit7.9 bp −$79doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago1.64 bp27.5 bp −$27doesn't fitdoesn't fitdoesn't fit

DRAM on 34 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DRAMUSDT0.0000%8h61.138−0.116%$9.5M$11.2M100xas long as short
RISEx DRAM/USDC0.0000%1h61.107−0.166%$459K$368K20xas long as short
Bitget DRAMUSDT0.0000%8h61.120−0.145%$26.7M$17.0M20xas long as short
SunX DRAM-USDT0.0000%8h61.120−0.145%$921$2.3M10xas long as short
HTX DRAM-USDT0.0000%8h61.210+0.002%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.050−0.259%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0013%4h61.204−0.008%$149K$299K20xas long as short
Aftermath Perps DRAMUSD+0.0027%1h61.128−0.133%$1K$26K5xas long as short
Gate DRAM_USDT+0.0030%8h61.100−0.178%$7.9M$3.4M75xas long as short
QFEX DRAM-USD+0.0032%1h61.080−0.210%$998K$98K10xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter DRAM+0.0032%1h61.094−0.188%$1.1M$1.4M20xas long as short
Arcus DRAM-USD+0.0040%1h61.050−0.259%$59K$81K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.060−0.243%10xas long as short
Entropy io:DRAM+0.0050%1h61.123−0.140%$300K$1.7M25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.060−0.243%$254K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.086−0.201%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.000−0.341%$1.1M$3.7M10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0077%1h61.100−0.178%$12K$4K20xas long as short
Pacifica DRAM+0.0100%1h61.091−0.192%$74K$31K10xas long as short
KuCoin DRAMUSDTMshort+0.0100%8h61.090−0.194%$3.0M$410K20x
ApeX Omni DRAMUSDT+0.0100%1h61.230+0.035%$21K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.130−0.129%$8K10xas long as short
Paradex DRAM-USD-PERP+0.0101%8h61.094−0.188%5xas long as short
Aevo DRAM-PERP+0.0104%1h61.120−0.145%$4K10xas long as short
tradeXYZ xyz:DRAM+0.0121%1h61.079−0.212%$79.2M$38.6M20xas long as short
OKX DRAM-USDT-SWAP+0.0166%8h61.100−0.178%$5.4M$6.4M50xas long as short
Aster DRAMUSDT+0.0171%8h61.142−0.109%$195K$28K20xas long as short
Variational Omni DRAMlong+0.0214%8h61.209long leg$2.2M$686K
Coinbase International DRAM-PERP-INTX+0.0216%1h61.140−0.112%$536K$91K20xas long as short
Binance DRAMUSDT+0.0262%8h61.120−0.145%$44.1M$98.8M50xas long as short
Extended DRAM-USD+0.0264%1h61.109−0.163%$104K$577K10xas long as short
MEXC DRAM_USDT+0.0267%8h61.090−0.194%$9.7M$5.6M100xas long as short
GRVT DRAM_USDT_Perp+0.0271%8h61.228+0.031%$36K$229K10xas long as short
BloFin DRAM-USDT+0.0674%8h61.090−0.194%$306K$27K20xas long as short