Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.027%

Price spread now: Vest against Variational Omni−0.189%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 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 · Vest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.189% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.189% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 14 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni DRAM	60.745	0	get 0.0000% / 8h	7h 53m	$2.3M	$584K	—
Short	Vest DRAM-USD-PERP	60.630	0.0046	get 0.0006% / 1h	53m 06s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.189%Rate

Funding earned: $9.59
Price spread: −0.189% → 0.000%: −$18.93
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: −$11.34
Costs to cover: 0.020%
Break-even: 15.3 days

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Vest: 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	3.13 bp	doesn't fit	6.3 bp −$63	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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
Bitget DRAMUSDT	−0.0743%	8h	60.640	−0.173%	$26.4M	$15.3M	20x	as long as short
Entropy io:DRAM	−0.0382%	1h	60.632	−0.186%	$180K	$464K	25x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.649	−0.159%	$194K	$39K	20x	as long as short
Extended DRAM-USD	0.0000%	1h	60.634	−0.182%	$76K	$218K	10x	as long as short
Binance DRAMUSDT	0.0000%	8h	60.649	−0.157%	$43.7M	$89.3M	50x	as long as short
Bybit DRAMUSDT	0.0000%	8h	60.640	−0.173%	$9.6M	$10.4M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.610	−0.222%	$419K	$339K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	60.640	−0.173%	$7.9M	$3.6M	75x	as long as short
MEXC DRAM_USDT	0.0000%	8h	60.630	−0.189%	$8.4M	$5.4M	100x	as long as short
Variational Omni DRAMlong	0.0000%	8h	60.745	long leg	$2.3M	$584K	—

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT DRAM_USDT_Perp	0.0000%	8h	60.641	−0.172%	$35K	$209K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.640	−0.173%	$959	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.680	−0.107%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.640	−0.173%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0008%	8h	60.650	−0.156%	$5.4M	$6.1M	50x	as long as short
edgeX DRAMUSDC	+0.0014%	4h	60.656	−0.147%	$147K	$298K	20x	as long as short
BloFin DRAM-USDT	+0.0034%	8h	60.630	−0.189%	$298K	$25K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0039%	1h	60.673	−0.118%	$1K	$29K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.590	−0.255%	$47K	$67K	10x	as long as short
Vest DRAM-USD-PERPshort	+0.0046%	1h	60.630	−0.189%	—	—	10x
tradeXYZ xyz:DRAM	+0.0050%	1h	60.589	−0.257%	$78.5M	$34.6M	20x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.560	−0.305%	$252K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.576	−0.278%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.540	−0.337%	$1.1M	$3.5M	10x	as long as short
QFEX DRAM-USD	+0.0053%	1h	60.570	−0.288%	$987K	$84K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0096%	8h	60.562	−0.302%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	60.581	−0.270%	$73K	$34K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.620	−0.206%	$3.0M	$405K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.600	−0.239%	$21K	$182K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.640	−0.173%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.633	−0.185%	$4K	—	10x	as long as short
Lighter DRAM	+0.0208%	1h	60.637	−0.178%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0245%	1h	60.600	−0.239%	$12K	$3K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0248%	1h	60.700	−0.074%	$533K	$87K	20x	as long as short