Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0198%/8h= −21.7% APRnext payment −$1.98 per $10,000 · paid last 24h —

Price spread now: Paradex against Variational Omni+0.175%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Paradex

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 airdropVariational Omni: Active · Paradex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Paradex is 0.175% dearer against Variational Omni than usual: you sell high and buy low (spread +0.175% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni DRAM	62.255	0.0419	pay 0.0419% / 8h	7h 48m	$2.4M	$756K	—
Short	Paradex DRAM-USD-PERP	62.365	0.0221	get 0.0221% / 8h	7h 48m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.175%Rate

Funding earned: −$41.59
Price spread: +0.175% → 0.000%: $17.54
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$28.04
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, just now; Paradex: 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	3.09 bp	doesn't fit	8.2 bp −$82	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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
SunX DRAM-USDT	0.0000%	8h	62.310	+0.088%	$750	$3.1M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.250	−0.009%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.300	+0.072%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0038%	1h	62.176	−0.127%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.230	−0.041%	—	—	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.297	+0.067%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.250	−0.009%	$1.2M	$1.8M	10x	as long as short
edgeX DRAMUSDC	+0.0075%	4h	62.216	−0.063%	$151K	$295K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.372	+0.187%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.280	+0.040%	$3.0M	$448K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni DRAMUSDT	+0.0100%	1h	62.150	−0.169%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.300	+0.072%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.253	−0.004%	$4K	—	10x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.280	+0.040%	$1.0M	$78K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0163%	1h	62.277	+0.035%	$266K	$1.3M	10x	as long as short
Lighter DRAM	+0.0184%	1h	62.353	+0.157%	$965K	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.539%	$535K	$95K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0211%	8h	62.400	+0.232%	$5.5M	$4.7M	50x	as long as short
Paradex DRAM-USD-PERPshort	+0.0221%	8h	62.365	+0.175%	—	—	5x
Bitget DRAMUSDT	+0.0280%	8h	62.340	+0.136%	$26.3M	$12.8M	20x	as long as short
Aster DRAMUSDT	+0.0337%	8h	62.242	−0.021%	$200K	$36K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0393%	1h	62.280	+0.040%	$13K	$3K	20x	as long as short
Variational Omni DRAMlong	+0.0419%	8h	62.255	long leg	$2.4M	$756K	—
Entropy io:DRAM	+0.0463%	1h	62.218	−0.060%	$254K	$475K	25x	as long as short
Extended DRAM-USD	+0.0464%	1h	62.344	+0.143%	$75K	$767K	10x	as long as short
MEXC DRAM_USDT	+0.0465%	8h	62.350	+0.152%	$10.1M	$6.7M	100x	as long as short
Gate DRAM_USDT	+0.0466%	8h	62.340	+0.136%	$8.3M	$3.4M	75x	as long as short
Binance DRAMUSDT	+0.0470%	8h	62.356	+0.161%	$44.5M	$81.5M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0489%	1h	62.350	+0.152%	$81.8M	$39.4M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0517%	8h	62.213	−0.068%	$37K	$164K	10x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.240	−0.025%	$51K	$84K	10x	as long as short
Bybit DRAMUSDT	+0.0635%	8h	62.417	+0.260%	$9.6M	$10.5M	100x	as long as short
BloFin DRAM-USDT	+0.0811%	8h	62.310	+0.088%	$295K	$26K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.289	+0.055%	$454K	$477K	20x	as long as short