Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0473%/8h= −51.8% APRpaid last 24h −0.037%

Price spread now: Pacifica against Variational Omni−0.021%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Pacifica

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 airdropVariational Omni: Active · Pacifica: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Pacifica is 0.021% cheaper against Variational Omni than usual: you would sell low and buy high (−$2 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	Variational Omni DRAM	62.275	0.0573	pay 0.0573% / 8h	6h 45m	$2.4M	$757K	—
Short	Pacifica DRAM	62.262	0.0100	get 0.0013% / 1h	45m 54s	$76K	$42K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Variational Omni. 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 Variational OmnibpFee PacificabpOrdersPrice spread, now −0.021%Rate

Funding earned: −$99.33
Price spread: −0.021% → 0.000%: −$2.14
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$109.47
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Pacifica: 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 Variational Omni RFQ quote, 3 min ago	3.09 bp	doesn't fit	9.8 bp −$98	doesn't fit	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

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 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
SunX DRAM-USDT	0.0000%	8h	62.320	+0.072%	$681	$2.9M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.320	+0.072%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.270	−0.009%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.273	−0.004%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.290	+0.024%	$50K	$82K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.240	−0.057%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.270	−0.009%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	62.272	−0.005%	$253K	$444K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.243	−0.052%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.278	+0.004%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.250	−0.041%	$1.1M	$1.8M	10x	as long as short
edgeX DRAMUSDC	+0.0082%	4h	62.337	+0.098%	$151K	$297K	20x	as long as short
Pacifica DRAMshort	+0.0100%	1h	62.262	−0.021%	$76K	$42K	10x
KuCoin DRAMUSDTM	+0.0100%	8h	62.240	−0.057%	$3.0M	$412K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.330	+0.088%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.310	+0.056%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.303	+0.044%	$4K	—	10x	as long as short
Lighter DRAM	+0.0144%	1h	62.267	−0.013%	$967K	$1.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.390	+0.184%	$540K	$90K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0200%	8h	62.282	+0.011%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0225%	1h	62.253	−0.036%	$82.0M	$37.3M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0230%	8h	62.290	+0.024%	$5.5M	$4.7M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0232%	1h	62.250	−0.041%	$13K	$3K	20x	as long as short
Bybit DRAMUSDT	+0.0379%	8h	62.310	+0.056%	$9.7M	$10.2M	100x	as long as short
Bitget DRAMUSDT	+0.0479%	8h	62.270	−0.009%	$26.1M	$12.7M	20x	as long as short
Aster DRAMUSDT	+0.0487%	8h	62.286	+0.017%	$200K	$36K	20x	as long as short
Variational Omni DRAMlong	+0.0573%	8h	62.275	long leg	$2.4M	$757K	—
Binance DRAMUSDT	+0.0613%	8h	62.270	−0.009%	$44.7M	$82.0M	50x	as long as short
MEXC DRAM_USDT	+0.0613%	8h	62.250	−0.041%	$9.7M	$5.9M	100x	as long as short
Extended DRAM-USD	+0.0616%	1h	62.244	−0.050%	$76K	$663K	10x	as long as short
Gate DRAM_USDT	+0.0685%	8h	62.300	+0.040%	$8.2M	$3.4M	75x	as long as short
GRVT DRAM_USDT_Perp	+0.0699%	8h	62.329	+0.086%	$37K	$152K	10x	as long as short
RISEx DRAM/USDC	+0.0835%	1h	62.281	+0.009%	$450K	$503K	20x	as long as short
BloFin DRAM-USDT	+0.0951%	8h	62.380	+0.168%	$301K	$26K	20x	as long as short