Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0141%/8h= +15.5% APRpaid last 24h +0.040%

Price spread now: Variational Omni against Vest+0.174%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 Variational Omni

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 · Variational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Variational Omni is 0.174% dearer against Vest than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest DRAM-USD-PERP	61.620	0.0046	pay 0.0006% / 1h	29m 54s	—	$797	10x
Short	Variational Omni DRAM	61.727	0.0187	get 0.0187% / 8h	1h 29m	$2.4M	$949K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.174%Rate

Funding earned: $29.64
Price spread: +0.174% → 0.000%: $17.41
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $45.05
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Variational Omni: RFQ quote, 4 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 Variational Omni RFQ quote, 4 min ago	3.10 bp	doesn't fit	5.4 bp −$54	doesn't fit	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
Gate DRAM_USDT	0.0000%	8h	61.780	+0.260%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.760	+0.227%	$823	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.700	+0.130%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.760	+0.227%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0037%	1h	61.703	+0.135%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERPlong	+0.0046%	1h	61.620	long leg	—	$797	10x
Entropy io:DRAM	+0.0050%	1h	61.679	+0.096%	$254K	$504K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.723	+0.167%	$204K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.752	+0.214%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.650	+0.049%	$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	+0.211%	$1.0M	$77K	10x	as long as short
edgeX DRAMUSDC	+0.0061%	4h	61.737	+0.189%	$153K	$290K	20x	as long as short
Aster DRAMUSDT	+0.0099%	8h	61.740	+0.195%	$198K	$36K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.692	+0.117%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.740	+0.195%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.690	+0.114%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.740	+0.195%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.747	+0.206%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0107%	8h	61.770	+0.243%	$26.0M	$12.5M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0108%	8h	61.780	+0.260%	$5.4M	$4.6M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0139%	8h	61.730	+0.179%	$36K	$185K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0161%	8h	61.733	+0.183%	—	—	5x	as long as short
Variational Omni DRAMshort	+0.0187%	8h	61.727	+0.174%	$2.4M	$949K	—
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.065%	$510K	$44K	20x	as long as short
Bybit DRAMUSDT	+0.0221%	8h	61.806	+0.302%	$9.3M	$10.4M	100x	as long as short
MEXC DRAM_USDT	+0.0231%	8h	61.770	+0.243%	$11.2M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0231%	8h	61.768	+0.240%	$43.8M	$82.6M	50x	as long as short
Extended DRAM-USD	+0.0232%	1h	61.755	+0.219%	$102K	$741K	10x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.750	+0.211%	$480K	$442K	20x	as long as short
Lighter DRAM	+0.0320%	1h	61.753	+0.216%	$992K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0324%	1h	61.740	+0.195%	$79.3M	$39.5M	20x	as long as short
BloFin DRAM-USDT	+0.0425%	8h	61.720	+0.162%	$294K	$27K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0561%	1h	61.740	+0.195%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.730	+0.179%	$50K	$92K	10x	as long as short