Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0041%/8h= −4.5% APRpaid last 24h +0.001%

Price spread now: Variational Omni against Extended−0.017%7-day average +0.041% · you buy dearer than you sell

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

Long on Extended Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.017%+$2 on $10k

Price spread, last 4 days (all we have)+0.271%+$27 · spread now −0.017%, 7d avg +0.041%

Together, before fees+0.288%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$29 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.058% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.041%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DRAM-USD	62.295	0.0560	pay 0.0070% / 1h	53m 33s	$75K	$669K	10x
Short	Variational Omni DRAM	62.285	0.0519	get 0.0519% / 8h	5h 53m	$2.4M	$710K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. 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 ExtendedbpFee Variational OmnibpOrdersPrice spread, now −0.017%Rate

Funding earned: −$8.69
Price spread: −0.017% → +0.041%: −$5.77
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$19.46
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 9 min ago; Variational Omni: RFQ quote, 1 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 Extended live order book, 9 min ago	0.48 bp	3.3 bp −$3	6.7 bp −$67	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	3.09 bp	doesn't fit	6.6 bp −$66	doesn't fit	doesn't fit

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	62.310	+0.024%	$448K	$503K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.330	+0.056%	$619	$2.8M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.300	+0.008%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.320	+0.040%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0003%	4h	62.301	+0.010%	$151K	$296K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0032%	1h	62.237	−0.092%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.280	−0.024%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.270	−0.040%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.300	+0.008%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.318	+0.037%	$2K	$15K	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.220	−0.120%	$1.2M	$1.9M	10x	as long as short
QFEX DRAM-USD	+0.0055%	1h	62.290	−0.008%	$1.0M	$78K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	62.313	+0.029%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.270	−0.040%	$3.0M	$404K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.340	+0.072%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.340	+0.072%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.349	+0.087%	$4K	—	10x	as long as short
Entropy io:DRAM	+0.0105%	1h	62.241	−0.087%	$253K	$421K	25x	as long as short
Bitget DRAMUSDT	+0.0128%	8h	62.310	+0.024%	$26.2M	$13.2M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0152%	8h	62.305	+0.016%	—	—	5x	as long as short
Lighter DRAM	+0.0160%	1h	62.303	+0.013%	$968K	$1.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.409%	$534K	$81K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0214%	8h	62.310	+0.024%	$5.5M	$4.5M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0247%	8h	62.320	+0.040%	$37K	$155K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0263%	1h	62.289	−0.010%	$82.2M	$36.9M	20x	as long as short
Bybit DRAMUSDT	+0.0289%	8h	62.350	+0.088%	$9.7M	$10.0M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0392%	1h	62.300	+0.008%	$13K	$3K	20x	as long as short
Aster DRAMUSDT	+0.0434%	8h	62.334	+0.063%	$201K	$36K	20x	as long as short
Gate DRAM_USDT	+0.0518%	8h	62.350	+0.088%	$8.2M	$3.5M	75x	as long as short
Variational Omni DRAMshort	+0.0519%	8h	62.285	−0.017%	$2.4M	$710K	—
Binance DRAMUSDT	+0.0555%	8h	62.309	+0.022%	$44.8M	$81.6M	50x	as long as short
MEXC DRAM_USDT	+0.0556%	8h	62.290	−0.008%	$9.6M	$5.5M	100x	as long as short
Extended DRAM-USDlong	+0.0560%	1h	62.295	long leg	$75K	$669K	10x