Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h —

Price spread now: Variational Omni against Paradex+0.032%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Variational Omni

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 airdropParadex: Active · Variational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Variational Omni is 0.032% dearer against Paradex than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex DRAM-USD-PERP	61.690	0.0148	pay 0.0148% / 8h	1h 46m	—	—	5x
Short	Variational Omni DRAM	61.710	0.0172	get 0.0172% / 8h	1h 46m	$2.4M	$969K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Paradex. 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 ParadexbpFee Variational OmnibpOrdersPrice spread, now +0.032%Rate

Funding earned: $5.06
Price spread: +0.032% → 0.000%: $3.18
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $4.24
Costs to cover: 0.040%
Break-even: 1.1 days

Slippage unknown: Paradex: no order-book sample; Variational Omni: RFQ quote, 3 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 Paradex no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 3 min ago	3.10 bp	doesn't fit	6.7 bp −$67	doesn't fit	doesn't fit

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 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
Gate DRAM_USDT	0.0000%	8h	61.720	+0.048%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.710	+0.032%	$792	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.730	+0.065%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.720	+0.048%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0024%	4h	61.712	+0.036%	$153K	$289K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	61.697	+0.011%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.610	−0.130%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.669	−0.034%	$254K	$505K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.680	−0.016%	$204K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.711	+0.034%	$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	61.650	−0.065%	$1.2M	$1.7M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	61.690	0.000%	$1.0M	$77K	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0084%	8h	61.740	+0.081%	$5.4M	$4.6M	50x	as long as short
Aster DRAMUSDT	+0.0090%	8h	61.740	+0.081%	$198K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0092%	8h	61.720	+0.048%	$26.0M	$12.5M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.710	+0.031%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.710	+0.032%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.670	−0.033%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.710	+0.032%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.722	+0.051%	$4K	—	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0138%	8h	61.721	+0.051%	$35K	$189K	10x	as long as short
Paradex DRAM-USD-PERPlong	+0.0148%	8h	61.690	long leg	—	—	5x
Variational Omni DRAMshort	+0.0172%	8h	61.710	+0.032%	$2.4M	$969K	—
Bybit DRAMUSDT	+0.0172%	8h	61.770	+0.129%	$9.3M	$10.3M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.179%	$510K	$44K	20x	as long as short
Binance DRAMUSDT	+0.0222%	8h	61.718	+0.045%	$43.7M	$82.7M	50x	as long as short
MEXC DRAM_USDT	+0.0222%	8h	61.700	+0.016%	$11.1M	$6.4M	100x	as long as short
Extended DRAM-USD	+0.0224%	1h	61.700	+0.016%	$102K	$741K	10x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.714	+0.039%	$480K	$442K	20x	as long as short
Lighter DRAM	+0.0288%	1h	61.726	+0.058%	$992K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0321%	1h	61.708	+0.029%	$79.2M	$39.9M	20x	as long as short
BloFin DRAM-USDT	+0.0328%	8h	61.730	+0.065%	$294K	$27K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0399%	1h	61.720	+0.048%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.700	+0.016%	$50K	$92K	10x	as long as short