Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h −0.001%

Price spread now: Extended against Variational Omni+0.031%7-day average −0.042% · you sell dearer than you buy

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

Long on Variational Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.010%−$1 on $10k

Price spread, last 4 days (all we have)−0.269%−$27 · spread now +0.031%, 7d avg −0.042%

Together, before fees−0.279%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board−$28 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.073% dearer against Variational Omni than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni DRAM	62.353	0.0449	pay 0.0449% / 8h	5h 07m	$2.4M	$717K	—
Short	Extended DRAM-USD	62.372	0.0480	get 0.0060% / 1h	7m 21s	$76K	$637K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.031%Rate

Funding earned: $6.47
Price spread: +0.031% → −0.042%: $7.26
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $8.73
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Extended: live order book, 56 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 Variational Omni RFQ quote, 2 min ago	3.09 bp	doesn't fit	7.1 bp −$71	doesn't fit	doesn't fit
Sell Extended live order book, 56 min ago	0.48 bp	3.4 bp −$3	7.0 bp −$70	doesn't fit	doesn't fit

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	62.376	+0.036%	$443K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.380	+0.044%	$778	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.390	+0.060%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.400	+0.076%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	62.344	−0.015%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.350	−0.005%	$51K	$80K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.330	−0.037%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.352	−0.001%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.381	+0.045%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.300	−0.085%	$1.1M	$2.1M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0055%	1h	62.370	+0.028%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0088%	1h	62.333	−0.032%	$246K	$413K	25x	as long as short
Bitget DRAMUSDT	+0.0095%	8h	62.400	+0.076%	$26.3M	$13.2M	20x	as long as short
Lighter DRAM	+0.0096%	1h	62.375	+0.036%	$969K	$1.0M	20x	as long as short
edgeX DRAMUSDC	+0.0099%	4h	62.365	+0.020%	$151K	$297K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.334	−0.031%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.370	+0.028%	$3.0M	$389K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.330	−0.037%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.390	+0.060%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.389	+0.058%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0117%	8h	62.378	+0.040%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0126%	8h	62.387	+0.055%	$36K	$162K	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0174%	8h	62.390	+0.060%	$5.5M	$4.4M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0175%	1h	62.352	−0.001%	$81.8M	$36.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.502%	$534K	$74K	20x	as long as short
Bybit DRAMUSDT	+0.0243%	8h	62.414	+0.098%	$9.7M	$10.0M	100x	as long as short
Aster DRAMUSDT	+0.0363%	8h	62.383	+0.048%	$201K	$36K	20x	as long as short
Variational Omni DRAMlong	+0.0449%	8h	62.353	long leg	$2.4M	$717K	—
Extended DRAM-USDshort	+0.0480%	1h	62.372	+0.031%	$76K	$637K	10x
Binance DRAMUSDT	+0.0481%	8h	62.386	+0.053%	$44.9M	$80.9M	50x	as long as short
MEXC DRAM_USDT	+0.0481%	8h	62.380	+0.044%	$9.2M	$5.6M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0552%	1h	62.360	+0.011%	$13K	$3K	20x	as long as short
Gate DRAM_USDT	+0.0559%	8h	62.420	+0.108%	$8.2M	$3.6M	75x	as long as short
BloFin DRAM-USDT	+0.0700%	8h	62.390	+0.060%	$301K	$26K	20x	as long as short