Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0113%/8h= −12.4% APRpaid last 24h −0.035%

Price spread now: Aevo against Variational Omni−0.058%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aevo is 0.058% cheaper against Variational Omni than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni DRAM	61.874	0.0217	pay 0.0217% / 8h	3h 23m	$2.4M	$739K	—
Short	Aevo DRAM-PERP	61.838	0.0104	get 0.0013% / 1h	23m 49s	$4K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Variational Omni. 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 Variational OmnibpFee AevobpOrdersPrice spread, now −0.058%Rate

Funding earned: −$23.74
Price spread: −0.058% → 0.000%: −$5.76
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$45.49
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, just now; Aevo: 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 Variational Omni RFQ quote, just now	3.11 bp	doesn't fit	8.2 bp −$82	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	61.880	+0.010%	$435K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.860	−0.022%	$26.0M	$13.6M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.959	+0.139%	$36K	$186K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.840	−0.054%	$747	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.830	−0.070%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.830	−0.070%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0023%	1h	61.872	−0.003%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.870	−0.006%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.880	+0.010%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.840	−0.054%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAM	+0.0050%	1h	61.869	−0.007%	$172K	$460K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.819	−0.088%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.833	−0.066%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.800	−0.119%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0063%	8h	61.850	−0.038%	$5.4M	$4.6M	50x	as long as short
edgeX DRAMUSDC	+0.0080%	4h	61.939	+0.105%	$150K	$297K	20x	as long as short
Bybit DRAMUSDT	+0.0086%	8h	61.840	−0.054%	$9.6M	$9.8M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.875	+0.002%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.820	−0.087%	$3.0M	$397K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.920	+0.075%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.850	−0.038%	$8K	—	10x	as long as short
Aevo DRAM-PERPshort	+0.0104%	1h	61.838	−0.058%	$4K	—	10x
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.382%	$533K	$75K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0112%	8h	61.874	+0.001%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0134%	1h	61.806	−0.109%	$80.5M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0157%	8h	61.854	−0.032%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0184%	1h	61.848	−0.041%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAMlong	+0.0217%	8h	61.874	long leg	$2.4M	$739K	—
Deribit DRAM_USDC-PERPETUAL	+0.0235%	1h	61.830	−0.070%	$13K	$3K	20x	as long as short
BloFin DRAM-USDT	+0.0255%	8h	61.920	+0.075%	$299K	$26K	20x	as long as short
Extended DRAM-USD	+0.0272%	1h	61.822	−0.084%	$76K	$441K	10x	as long as short
Binance DRAMUSDT	+0.0273%	8h	61.844	−0.048%	$44.4M	$81.2M	50x	as long as short
MEXC DRAM_USDT	+0.0275%	8h	61.830	−0.070%	$8.2M	$5.6M	100x	as long as short
Gate DRAM_USDT	+0.0444%	8h	61.870	−0.006%	$8.1M	$3.5M	75x	as long as short