Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%

Price spread now: Vest against Orderly−0.066%7-day average — · you buy dearer than you sell

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

Long on Orderly 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 airdropVest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.066% cheaper against Orderly than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_DRAM_USDC_mythos	60.880	0.0100	pay 0.0100% / 8h	6h 55m	$8K	—	10x
Short	Vest DRAM-USD-PERP	60.840	0.0046	get 0.0006% / 1h	55m 14s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Orderly. 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 OrderlybpFee VestbpOrdersPrice spread, now −0.066%Rate

Funding earned: −$11.41
Price spread: −0.066% → 0.000%: −$6.57
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Vest: 1 bp × 2 orders: −$2
Net: −$25.98
Costs to cover: 0.080%
Break-even: never at this rate

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

Orderly and 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
Entropy io:DRAM	−0.0698%	1h	60.805	−0.123%	$1.0M	$1.2M	25x	as long as short
Bitget DRAMUSDT	−0.0320%	8h	60.890	+0.016%	$26.8M	$15.4M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.870	−0.016%	$1K	$2.4M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.900	+0.033%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.880	0.000%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0025%	4h	60.887	+0.011%	$148K	$298K	20x	as long as short
Aster DRAMUSDT	+0.0027%	8h	60.870	−0.016%	$195K	$27K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0039%	1h	60.834	−0.076%	$1K	$28K	5x	as long as short
Vest DRAM-USD-PERPshort	+0.0046%	1h	60.840	−0.066%	—	—	10x
QFEX DRAM-USD	+0.0048%	1h	60.870	−0.016%	$991K	$95K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DRAM-USD	+0.0050%	1h	60.849	−0.051%	$253K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.879	−0.002%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.850	−0.049%	$1.1M	$3.5M	10x	as long as short
Variational Omni DRAM	+0.0059%	8h	60.933	+0.087%	$2.2M	$736K	—	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0079%	1h	60.830	−0.082%	$13K	$3K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0084%	8h	60.880	0.000%	$5.4M	$6.4M	50x	as long as short
Pacifica DRAM	+0.0100%	1h	60.869	−0.018%	$73K	$30K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.800	−0.131%	$3.0M	$409K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.830	−0.082%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythoslong	+0.0100%	8h	60.880	long leg	$8K	—	10x
Aevo DRAM-PERP	+0.0104%	1h	60.869	−0.018%	$4K	—	10x	as long as short
MEXC DRAM_USDT	+0.0105%	8h	60.860	−0.033%	$8.7M	$5.5M	100x	as long as short
RISEx DRAM/USDC	+0.0107%	1h	60.858	−0.035%	$466K	$364K	20x	as long as short
Extended DRAM-USD	+0.0112%	1h	60.840	−0.066%	$74K	$257K	10x	as long as short
Binance DRAMUSDT	+0.0114%	8h	60.861	−0.030%	$44.1M	$92.8M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0120%	1h	60.854	−0.043%	$79.1M	$37.2M	20x	as long as short
Lighter DRAM	+0.0128%	1h	60.857	−0.038%	$1.1M	$1.3M	20x	as long as short
Bybit DRAMUSDT	+0.0152%	8h	60.875	−0.008%	$9.6M	$10.6M	100x	as long as short
Gate DRAM_USDT	+0.0166%	8h	60.890	+0.016%	$7.9M	$3.6M	75x	as long as short
Paradex DRAM-USD-PERP	+0.0205%	8h	60.883	+0.005%	—	—	5x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0280%	1h	60.100	−1.281%	$527K	$87K	20x	as long as short
BloFin DRAM-USDT	+0.0321%	8h	60.950	+0.115%	$299K	$26K	20x	as long as short
Arcus DRAM-USD	+0.0540%	1h	60.870	−0.016%	$48K	$69K	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0827%	8h	60.910	+0.049%	$36K	$213K	10x	as long as short