Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%

Price spread now: Orderly against Vest+0.049%52s7-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 Orderly

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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.049% dearer against Vest than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest DRAM-USD-PERP	61.760	0.0046	pay 0.0006% / 1h	18m 26s	—	$797	10x
Short	Orderly PERP_DRAM_USDC_mythos	61.790	0.0100	get 0.0100% / 8h	1h 18m	$8K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.049%Rate

Funding earned: $11.41
Price spread: +0.049% → 0.000%: $4.86
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Orderly: 3 bp × 2 orders: −$6
Net: $8.26
Costs to cover: 0.080%
Break-even: 1.9 days

Slippage unknown: Vest: no order-book sample; Orderly: 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 Vest no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Vest and Orderly: 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	61.810	+0.081%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.800	+0.065%	$824	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.770	+0.016%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.800	+0.065%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	61.763	+0.006%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERPlong	+0.0046%	1h	61.760	long leg	—	$797	10x
Entropy io:DRAM	+0.0050%	1h	61.746	−0.023%	$260K	$509K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.765	+0.008%	$210K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.788	+0.045%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.750	−0.016%	$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	61.760	0.000%	$1.0M	$77K	10x	as long as short
edgeX DRAMUSDC	+0.0062%	4h	61.777	+0.028%	$153K	$289K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.799	+0.064%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.780	+0.032%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.800	+0.065%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythosshort	+0.0100%	8h	61.790	+0.049%	$8K	—	10x
Aevo DRAM-PERP	+0.0104%	1h	61.804	+0.071%	$4K	—	10x	as long as short
Aster DRAMUSDT	+0.0109%	8h	61.749	−0.018%	$199K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0115%	8h	61.790	+0.049%	$26.0M	$12.4M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0118%	8h	61.790	+0.049%	$5.4M	$4.6M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0145%	8h	61.790	+0.049%	$36K	$181K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0161%	8h	61.780	+0.032%	—	—	5x	as long as short
Variational Omni DRAM	+0.0196%	8h	61.777	+0.028%	$2.4M	$949K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.291%	$510K	$43K	20x	as long as short
Bybit DRAMUSDT	+0.0230%	8h	61.830	+0.113%	$9.3M	$10.4M	100x	as long as short
Extended DRAM-USD	+0.0240%	1h	61.778	+0.029%	$77K	$765K	10x	as long as short
MEXC DRAM_USDT	+0.0242%	8h	61.770	+0.016%	$11.2M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0242%	8h	61.770	+0.016%	$43.8M	$82.6M	50x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.790	+0.049%	$455K	$475K	20x	as long as short
Lighter DRAM	+0.0288%	1h	61.783	+0.037%	$968K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0307%	1h	61.767	+0.011%	$79.3M	$39.5M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.790	+0.049%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0478%	8h	61.790	+0.049%	$295K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.770	+0.016%	$50K	$91K	10x	as long as short