Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0026%/8h= +2.9% APRpaid last 24h +0.036%

Price spread now: Bybit against Vest+0.079%57s7-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 Bybit

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 +$1 a day on $10k at the current rate, and Bybit is 0.079% dearer against Vest than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 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	61.730	0.0046	pay 0.0006% / 1h	17m 37s	—	—	10x
Short	Bybit DRAMUSDT	61.779	0.0072	get 0.0072% / 8h	3h 17m	$9.6M	$9.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.079%Rate

Funding earned: $5.47
Price spread: +0.079% → 0.000%: $7.94
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $0.4
Costs to cover: 0.130%
Break-even: 6.5 days

Slippage unknown: Vest: no order-book sample; Bybit: live order book, 6 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 Bybit live order book, 6 min ago	0.81 bp	7.3 bp −$7	13.7 bp −$137	129.7 bp −$13.0K	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
RISEx DRAM/USDC	0.0000%	1h	61.770	+0.065%	$435K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.790	+0.097%	$26.0M	$13.7M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.880	+0.243%	$36K	$187K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.730	0.000%	$816	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.780	+0.081%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.750	+0.032%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0023%	1h	61.788	+0.094%	$1K	$31K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.770	+0.065%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.760	+0.049%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERPlong	+0.0046%	1h	61.730	long leg	—	—	10x

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAM	+0.0050%	1h	61.752	+0.036%	$172K	$461K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.706	−0.039%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.725	−0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.670	−0.097%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0056%	8h	61.790	+0.097%	$5.4M	$4.6M	50x	as long as short
edgeX DRAMUSDC	+0.0063%	4h	61.879	+0.242%	$150K	$298K	20x	as long as short
Bybit DRAMUSDTshort	+0.0072%	8h	61.779	+0.079%	$9.6M	$9.9M	100x
Deribit DRAM_USDC-PERPETUAL	+0.0074%	1h	61.720	−0.016%	$13K	$3K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.750	+0.032%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.730	0.000%	$3.0M	$398K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.800	+0.113%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.730	0.000%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.736	+0.010%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.616%	$533K	$75K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0107%	8h	61.740	+0.016%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0129%	1h	61.738	+0.013%	$80.3M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0168%	8h	61.762	+0.052%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0200%	1h	61.773	+0.070%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0204%	8h	61.884	+0.250%	$2.4M	$739K	—	as long as short
BloFin DRAM-USDT	+0.0242%	8h	61.780	+0.081%	$299K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0255%	8h	61.765	+0.057%	$44.3M	$81.6M	50x	as long as short
Extended DRAM-USD	+0.0256%	1h	61.753	+0.036%	$75K	$239K	10x	as long as short
MEXC DRAM_USDT	+0.0259%	8h	61.770	+0.065%	$8.2M	$5.6M	100x	as long as short
Gate DRAM_USDT	+0.0401%	8h	61.810	+0.130%	$8.1M	$3.6M	75x	as long as short