Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0150%/8h= +16.4% APRpaid last 24h +0.011%

Price spread now: Variational Omni against Pacifica−0.158%52s7-day average — · you buy dearer than you sell

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

Long on Pacifica Short on Variational Omni

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 airdropPacifica: Active · Variational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 0.158% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.158% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 3.5 days of funding at the current rate (+$5 a day). 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	Pacifica DRAM	61.467	0.0100	pay 0.0013% / 1h	52m 47s	$74K	$30K	10x
Short	Variational Omni DRAM	61.369	0.0250	get 0.0250% / 8h	5h 52m	$2.2M	$688K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Pacifica. 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 PacificabpFee Variational OmnibpOrdersPrice spread, now −0.158%Rate

Funding earned: $31.54
Price spread: −0.158% → 0.000%: −$15.84
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $7.69
Costs to cover: 0.080%
Break-even: 5.3 days

Slippage unknown: Pacifica: 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 Pacifica no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 4 min ago	3.11 bp	doesn't fit	4.7 bp −$47	doesn't fit	doesn't fit

Pacifica: 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 exchanges

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
Bybit DRAMUSDT	0.0000%	8h	61.480	+0.022%	$9.6M	$11.2M	100x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.480	+0.022%	$26.8M	$17.0M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.480	+0.022%	$689	$2.4M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.410	−0.092%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.470	+0.005%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0030%	1h	61.349	−0.192%	$1K	$26K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.430	−0.060%	$60K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.460	−0.011%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.462	−0.008%	$256K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.483	+0.026%	$2K	$15K	20x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.410	−0.092%	$1.1M	$3.6M	10x	as long as short
QFEX DRAM-USD	+0.0057%	1h	61.510	+0.070%	$1.0M	$98K	10x	as long as short
edgeX DRAMUSDC	+0.0062%	4h	61.351	−0.188%	$149K	$298K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0076%	1h	61.460	−0.011%	$13K	$3K	20x	as long as short
Pacifica DRAMlong	+0.0100%	1h	61.467	long leg	$74K	$30K	10x
KuCoin DRAMUSDTM	+0.0100%	8h	61.410	−0.092%	$3.0M	$417K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.480	+0.022%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.470	+0.005%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.487	+0.033%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0131%	8h	61.461	−0.009%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0131%	1h	61.444	−0.037%	$79.8M	$38.3M	20x	as long as short
Gate DRAM_USDT	+0.0135%	8h	61.500	+0.054%	$8.0M	$3.7M	75x	as long as short
Lighter DRAM	+0.0136%	1h	61.455	−0.019%	$1.1M	$1.4M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0173%	8h	61.490	+0.038%	$5.5M	$6.7M	50x	as long as short
Aster DRAMUSDT	+0.0222%	8h	61.377	−0.146%	$196K	$28K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.330	−0.222%	$537K	$91K	20x	as long as short
Variational Omni DRAMshort	+0.0250%	8h	61.369	−0.158%	$2.2M	$688K	—
BloFin DRAM-USDT	+0.0311%	8h	61.500	+0.054%	$305K	$27K	20x	as long as short
MEXC DRAM_USDT	+0.0313%	8h	61.470	+0.005%	$9.0M	$5.4M	100x	as long as short
Binance DRAMUSDT	+0.0319%	8h	61.460	−0.011%	$44.6M	$97.5M	50x	as long as short
Extended DRAM-USD	+0.0320%	1h	61.460	−0.011%	$100K	$298K	10x	as long as short
Entropy io:DRAM	+0.0484%	1h	61.476	+0.015%	$326K	$1.7M	25x	as long as short
RISEx DRAM/USDC	+0.0600%	1h	61.468	+0.002%	$462K	$370K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0764%	8h	61.460	−0.011%	$37K	$220K	10x	as long as short