Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.23 per $10,000 · paid last 24h —

Price spread now: Paradex against Variational Omni+0.108%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 Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · Paradex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Paradex is 0.108% dearer against Variational Omni than usual: you sell high and buy low (spread +0.108% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni DRAM	61.727	0.0187	pay 0.0187% / 8h	1h 28m	$2.4M	$949K	—
Short	Paradex DRAM-USD-PERP	61.794	0.0164	get 0.0164% / 8h	1h 28m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.108%Rate

Funding earned: −$4.86
Price spread: +0.108% → 0.000%: $10.77
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Paradex: 2 bp × 2 orders: −$4
Net: $1.91
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Paradex: 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, 1 min ago	3.10 bp	doesn't fit	6.8 bp −$68	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	+0.118%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.800	+0.118%	$824	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.700	−0.044%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.810	+0.134%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0037%	1h	61.724	−0.005%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.660	−0.109%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.696	−0.051%	$255K	$505K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.756	+0.047%	$204K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.769	+0.068%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.700	−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	61.750	+0.037%	$1.0M	$77K	10x	as long as short
edgeX DRAMUSDC	+0.0061%	4h	61.737	+0.015%	$153K	$290K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.737	+0.016%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.750	+0.037%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.690	−0.060%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.780	+0.085%	$8K	—	10x	as long as short
Aster DRAMUSDT	+0.0102%	8h	61.740	+0.021%	$198K	$36K	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.782	+0.089%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0110%	8h	61.800	+0.118%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0110%	8h	61.790	+0.102%	$26.0M	$12.5M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0137%	8h	61.740	+0.021%	$36K	$183K	10x	as long as short
Paradex DRAM-USD-PERPshort	+0.0164%	8h	61.794	+0.108%	—	—	5x
Variational Omni DRAMlong	+0.0187%	8h	61.727	long leg	$2.4M	$949K	—
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.239%	$510K	$44K	20x	as long as short
Bybit DRAMUSDT	+0.0226%	8h	61.830	+0.166%	$9.3M	$10.4M	100x	as long as short
Extended DRAM-USD	+0.0232%	1h	61.768	+0.066%	$77K	$765K	10x	as long as short
MEXC DRAM_USDT	+0.0233%	8h	61.760	+0.053%	$11.2M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0234%	8h	61.780	+0.085%	$43.8M	$82.6M	50x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.792	+0.106%	$455K	$454K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0318%	1h	61.749	+0.035%	$79.3M	$39.6M	20x	as long as short
Lighter DRAM	+0.0320%	1h	61.796	+0.111%	$993K	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.790	+0.102%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0432%	8h	61.770	+0.069%	$294K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.780	+0.085%	$50K	$92K	10x	as long as short