Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.60 per $10,000 · paid last 24h +0.022%
Price spread now: Variational Omni against OKX−0.026%7-day average −0.002% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.009%+$1 on $10k
Price spread, last 7 days+0.037%+$4 · spread now −0.026%, 7d avg −0.002%
Together, before fees+0.046%+ Points / potential airdropVariational Omni: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.023% cheaper against OKX than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of −0.002%). If the spread goes back, that is −$2 on $10k: about 31 hours of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.009% in total) that is about 9.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX DRAM-USDT-SWAP61.4600.0046pay 0.0046% / 8h2h 02m$5.5M$5.7M50x
ShortVariational Omni DRAM61.4440.0106get 0.0106% / 8h2h 02m$2.3M$669K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. 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

Funding earned
$12.69
Price spread: −0.026% → −0.002%
−$2.35
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$0.34
Costs to cover
0.100%
Break-even
6.8 days
Slippage unknown: OKX: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago0.81 bp10.8 bp −$1116.4 bp −$164118.9 bp −$11.9Kdoesn't fit
Sell Variational Omni RFQ quote, 1 min ago3.11 bpdoesn't fit5.9 bp −$59doesn't fitdoesn't fit

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DRAMUSDT−0.0465%8h61.440−0.033%$26.1M$14.5M20xas long as short
RISEx DRAM/USDC0.0000%1h61.419−0.067%$425K$506K20xas long as short
Gate DRAM_USDT0.0000%8h61.480+0.033%$8.0M$3.7M75xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.462+0.003%$36K$196K10xas long as short
SunX DRAM-USDT0.0000%8h61.420−0.065%$906$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.370−0.146%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.440−0.033%$1.7M$1.3M10xas long as short
Bybit DRAMUSDT+0.0012%8h61.457−0.005%$9.4M$10.2M100xas long as short
Aftermath Perps DRAMUSD+0.0028%1h61.364−0.156%$1K$31K5xas long as short
Arcus DRAM-USD+0.0040%1h61.390−0.114%$48K$69K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest DRAM-USD-PERP+0.0046%1h61.390−0.114%10xas long as short
OKX DRAM-USDT-SWAPlong+0.0046%8h61.460long leg$5.5M$5.7M50x
QFEX DRAM-USD+0.0050%1h61.400−0.098%$1.0M$84K10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.392−0.111%$255K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.427−0.054%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.380−0.130%$1.1M$3.4M10xas long as short
Aster DRAMUSDT+0.0058%8h61.449−0.018%$198K$35K20xas long as short
Entropy io:DRAM+0.0067%1h61.378−0.133%$170K$470K25xas long as short
edgeX DRAMUSDC+0.0073%4h61.428−0.052%$149K$298K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0076%1h61.410−0.081%$13K$3K20xas long as short
Pacifica DRAM+0.0100%1h61.366−0.153%$74K$49K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.410−0.081%$3.0M$411K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.440−0.033%$21K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.410−0.081%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.421−0.063%$4K10xas long as short
Variational Omni DRAMshort+0.0106%8h61.444−0.026%$2.3M$669K
Paradex DRAM-USD-PERP+0.0119%8h61.411−0.080%5xas long as short
tradeXYZ xyz:DRAM+0.0147%1h61.406−0.088%$79.5M$36.1M20xas long as short
Extended DRAM-USD+0.0160%1h61.420−0.065%$76K$188K10xas long as short
Binance DRAMUSDT+0.0163%8h61.420−0.065%$44.0M$87.0M50xas long as short
MEXC DRAM_USDT+0.0165%8h61.430−0.049%$8.1M$5.7M100xas long as short
BloFin DRAM-USDT+0.0183%8h61.430−0.049%$298K$26K20xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.110−0.569%$525K$75K20xas long as short
Lighter DRAM+0.0240%1h61.440−0.033%$1.1M$1.2M20xas long as short