Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0103%/8h= +11.2% APRpaid last 24h —

Price spread now: Paradex against Vest+0.053%48s7-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 Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · Paradex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Paradex is 0.053% dearer against Vest than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 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	62.270	0.0046	pay 0.0006% / 1h	50m 41s	—	—	10x
Short	Paradex DRAM-USD-PERP	62.303	0.0148	get 0.0148% / 8h	5h 50m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.053%Rate

Funding earned: $21.53
Price spread: +0.053% → 0.000%: $5.29
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Paradex: 2 bp × 2 orders: −$4
Net: $20.82
Costs to cover: 0.060%
Break-even: 0.2 days

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

Vest and Paradex: 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 33 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	62.300	+0.048%	$442K	$506K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.310	+0.064%	$777	$2.8M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.280	+0.016%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.330	+0.096%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0032%	1h	62.260	−0.015%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.290	+0.032%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERPlong	+0.0046%	1h	62.270	long leg	—	—	10x
Polymarket Perps DRAM-USD	+0.0050%	1h	62.294	+0.039%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.314	+0.071%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.230	−0.064%	$1.2M	$1.9M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0055%	1h	62.280	+0.016%	$1.0M	$78K	10x	as long as short
edgeX DRAMUSDC	+0.0058%	4h	62.298	+0.045%	$151K	$297K	20x	as long as short
Entropy io:DRAM	+0.0099%	1h	62.248	−0.035%	$253K	$421K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	62.325	+0.089%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.280	+0.016%	$3.0M	$404K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.320	+0.080%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.330	+0.096%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.333	+0.101%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0134%	8h	62.320	+0.080%	$26.2M	$13.2M	20x	as long as short
Paradex DRAM-USD-PERPshort	+0.0148%	8h	62.303	+0.053%	—	—	5x
Lighter DRAM	+0.0160%	1h	62.305	+0.056%	$968K	$1.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.369%	$534K	$76K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0211%	8h	62.310	+0.064%	$5.5M	$4.5M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0224%	1h	62.294	+0.039%	$82.2M	$36.9M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0232%	1h	62.300	+0.048%	$13K	$3K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0238%	8h	62.318	+0.076%	$37K	$155K	10x	as long as short
Bybit DRAMUSDT	+0.0294%	8h	62.364	+0.151%	$9.7M	$10.0M	100x	as long as short
Aster DRAMUSDT	+0.0430%	8h	62.322	+0.084%	$200K	$36K	20x	as long as short
Variational Omni DRAM	+0.0513%	8h	62.303	+0.053%	$2.4M	$710K	—	as long as short
Gate DRAM_USDT	+0.0531%	8h	62.360	+0.145%	$8.2M	$3.5M	75x	as long as short
Binance DRAMUSDT	+0.0551%	8h	62.310	+0.064%	$44.8M	$81.5M	50x	as long as short
Extended DRAM-USD	+0.0552%	1h	62.283	+0.022%	$75K	$669K	10x	as long as short
MEXC DRAM_USDT	+0.0552%	8h	62.310	+0.064%	$9.6M	$5.5M	100x	as long as short