Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0026%/8h= −2.8% APRpaid last 24h −0.013%

Price spread now: Pacifica against Variational Omni+0.075%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 Pacifica

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 · Pacifica: Active · farm boardneeds both histories

The price spread pays, funding is against you. Pacifica is 0.075% dearer against Variational Omni than usual: you sell high and buy low (spread +0.075% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni DRAM	61.555	0.0126	pay 0.0126% / 8h	2h 46m	$2.4M	$1.0M	—
Short	Pacifica DRAM	61.601	0.0100	get 0.0013% / 1h	46m 24s	$75K	$40K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.075%Rate

Funding earned: −$5.44
Price spread: +0.075% → 0.000%: $7.48
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$5.96
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Pacifica: 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, 3 min ago	3.10 bp	doesn't fit	6.1 bp −$61	doesn't fit	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: 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	61.590	+0.056%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.590	+0.056%	$793	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.580	+0.040%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.580	+0.040%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0038%	1h	61.550	−0.009%	$1K	$36K	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0044%	8h	61.590	+0.056%	$5.4M	$4.9M	50x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.550	−0.009%	—	$797	10x	as long as short
edgeX DRAMUSDC	+0.0047%	4h	61.600	+0.073%	$152K	$289K	20x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.575	+0.032%	$203K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.586	+0.050%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.540	−0.025%	$1.2M	$1.7M	10x	as long as short
Aster DRAMUSDT	+0.0063%	8h	61.523	−0.053%	$201K	$33K	20x	as long as short
QFEX DRAM-USD	+0.0080%	1h	61.600	+0.073%	$1.0M	$71K	10x	as long as short
Pacifica DRAMshort	+0.0100%	1h	61.601	+0.075%	$75K	$40K	10x
KuCoin DRAMUSDTM	+0.0100%	8h	61.540	−0.025%	$3.0M	$483K	20x	as long as short
Bitget DRAMUSDT	+0.0100%	8h	61.600	+0.073%	$25.9M	$12.6M	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.590	+0.056%	$22K	$180K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.610	+0.089%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.603	+0.077%	$4K	—	10x	as long as short
Variational Omni DRAMlong	+0.0126%	8h	61.555	long leg	$2.4M	$1.0M	—
GRVT DRAM_USDT_Perp	+0.0141%	8h	61.591	+0.058%	$36K	$195K	10x	as long as short
Bybit DRAMUSDT	+0.0157%	8h	61.628	+0.118%	$9.2M	$10.2M	100x	as long as short
Entropy io:DRAM	+0.0162%	1h	61.542	−0.022%	$253K	$503K	25x	as long as short
BloFin DRAM-USDT	+0.0163%	8h	61.540	−0.025%	$296K	$26K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0164%	8h	61.600	+0.073%	—	—	5x	as long as short
Extended DRAM-USD	+0.0192%	1h	61.595	+0.064%	$102K	$741K	10x	as long as short
MEXC DRAM_USDT	+0.0193%	8h	61.600	+0.073%	$11.1M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0198%	8h	61.600	+0.073%	$43.8M	$82.6M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0201%	1h	61.571	+0.025%	$78.9M	$39.8M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.510	−0.074%	$510K	$44K	20x	as long as short
Lighter DRAM	+0.0256%	1h	61.606	+0.082%	$991K	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0400%	1h	61.600	+0.073%	$13K	$9K	20x	as long as short
RISEx DRAM/USDC	+0.0459%	1h	61.600	+0.073%	$474K	$440K	20x	as long as short
Arcus DRAM-USD	+0.0739%	1h	61.590	+0.056%	$50K	$97K	10x	as long as short