Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0013%/8h= −1.4% APRpaid last 24h +0.036%

Price spread now: Bybit against Vest+0.160%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Bybit

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 airdropVest: Active · farm boardneeds both histories

The price spread pays, funding is against you. Bybit is 0.160% dearer against Vest than usual: you sell high and buy low (spread +0.160% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 42 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest DRAM-USD-PERP	61.200	0.0046	pay 0.0006% / 1h	35m 49s	—	—	10x
Short	Bybit DRAMUSDT	61.298	0.0033	get 0.0033% / 8h	2h 35m	$9.4M	$10.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Vest. 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 VestbpFee BybitbpOrdersPrice spread, now +0.160%Rate

Funding earned: −$2.7
Price spread: +0.160% → 0.000%: $16.01
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $0.32
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Bybit: live order book, 7 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell Bybit live order book, 7 min ago	0.81 bp	7.8 bp −$8	12.8 bp −$128	112.4 bp −$11.2K	doesn't fit

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	−0.0174%	8h	61.290	+0.147%	$25.9M	$13.9M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.199	−0.001%	$424K	$507K	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.212	+0.019%	$36K	$192K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.240	+0.065%	$882	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.190	−0.016%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.270	+0.114%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.295	+0.155%	$1K	$31K	5x	as long as short
Bybit DRAMUSDTshort	+0.0033%	8h	61.298	+0.160%	$9.4M	$10.1M	100x
OKX DRAM-USDT-SWAP	+0.0040%	8h	61.300	+0.163%	$5.4M	$5.1M	50x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.240	+0.065%	$48K	$76K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERPlong	+0.0046%	1h	61.200	long leg	—	—	10x
QFEX DRAM-USD	+0.0050%	1h	61.190	−0.016%	$997K	$84K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.251	+0.083%	$169K	$467K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.207	+0.011%	$257K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.221	+0.034%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.180	−0.033%	$1.1M	$2.8M	10x	as long as short
edgeX DRAMUSDC	+0.0068%	4h	61.187	−0.021%	$148K	$298K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0077%	1h	61.200	0.000%	$13K	$3K	20x	as long as short
Aster DRAMUSDT	+0.0080%	8h	61.283	+0.136%	$197K	$35K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.185	−0.024%	$73K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.240	+0.065%	$3.0M	$403K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.180	−0.033%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.210	+0.016%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0103%	8h	61.180	−0.033%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.213	+0.021%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0133%	8h	61.216	+0.025%	$2.3M	$676K	—	as long as short
tradeXYZ xyz:DRAM	+0.0157%	1h	61.251	+0.083%	$79.4M	$35.6M	20x	as long as short
BloFin DRAM-USDT	+0.0159%	8h	61.340	+0.229%	$301K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0159%	8h	61.320	+0.196%	$8.0M	$3.6M	75x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.150	−0.082%	$525K	$74K	20x	as long as short
Binance DRAMUSDT	+0.0189%	8h	61.270	+0.114%	$43.8M	$84.4M	50x	as long as short
MEXC DRAM_USDT	+0.0190%	8h	61.280	+0.131%	$8.5M	$5.6M	100x	as long as short
Lighter DRAM	+0.0192%	1h	61.272	+0.118%	$1.1M	$1.2M	20x	as long as short
Extended DRAM-USD	+0.0192%	1h	61.251	+0.084%	$76K	$191K	10x	as long as short