Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0406%/8h= −44.5% APRpaid last 24h −0.052%

Price spread now: SoDEX against Variational Omni+0.038%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 SoDEX

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

The price spread pays, funding is against you. SoDEX is 0.038% dearer against Variational Omni than usual: you sell high and buy low (spread +0.038% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 7 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni DRAM	62.405	0.0456	pay 0.0456% / 8h	7h 36m	$2.4M	$765K	—
Short	SoDEX DRAM-USD	62.429	0.0050	get 0.0006% / 1h	36m 29s	$2K	$15K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.038%Rate

Funding earned: −$85.34
Price spread: +0.038% → 0.000%: $3.79
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$89.55
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; SoDEX: 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	3.09 bp	doesn't fit	8.1 bp −$81	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
SunX DRAM-USDT	0.0000%	8h	62.430	+0.040%	$729	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.410	+0.007%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.430	+0.040%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0036%	4h	62.439	+0.054%	$151K	$296K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	62.381	−0.039%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.360	−0.073%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.340	−0.105%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USDshort	+0.0050%	1h	62.429	+0.038%	$2K	$15K	20x
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.400	−0.009%	$1.1M	$1.8M	10x	as long as short
Pacifica DRAM	+0.0100%	1h	62.405	−0.001%	$76K	$40K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DRAMUSDTM	+0.0100%	8h	62.370	−0.057%	$3.0M	$442K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.380	−0.041%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.410	+0.007%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.456	+0.081%	$4K	—	10x	as long as short
Lighter DRAM	+0.0120%	1h	62.392	−0.021%	$970K	$1.2M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.370	−0.057%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.778%	$535K	$95K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0215%	8h	62.397	−0.013%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0226%	8h	62.410	+0.007%	$5.5M	$4.7M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.420	+0.024%	$13K	$3K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0289%	1h	62.347	−0.093%	$81.7M	$39.3M	20x	as long as short
Aster DRAMUSDT	+0.0386%	8h	62.326	−0.128%	$200K	$36K	20x	as long as short
Bybit DRAMUSDT	+0.0386%	8h	62.410	+0.007%	$9.6M	$10.5M	100x	as long as short
Bitget DRAMUSDT	+0.0439%	8h	62.390	−0.025%	$26.1M	$12.8M	20x	as long as short
Variational Omni DRAMlong	+0.0456%	8h	62.405	long leg	$2.4M	$765K	—
MEXC DRAM_USDT	+0.0511%	8h	62.370	−0.057%	$9.7M	$6.7M	100x	as long as short
Extended DRAM-USD	+0.0512%	1h	62.385	−0.033%	$75K	$769K	10x	as long as short
Binance DRAMUSDT	+0.0514%	8h	62.370	−0.057%	$44.6M	$81.6M	50x	as long as short
Entropy io:DRAM	+0.0525%	1h	62.348	−0.092%	$254K	$462K	25x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.400	−0.009%	$51K	$82K	10x	as long as short
Gate DRAM_USDT	+0.0658%	8h	62.410	+0.007%	$8.3M	$3.4M	75x	as long as short
BloFin DRAM-USDT	+0.0893%	8h	62.440	+0.056%	$299K	$26K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0987%	8h	62.450	+0.072%	$37K	$157K	10x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.398	−0.012%	$454K	$492K	20x	as long as short