Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0229%/8h= +25.1% APRpaid last 24h +0.036%

Price spread now: Bybit against Vest+0.247%47s7-day average — · you sell dearer than you buy

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

Long on Vest Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bybit is 0.247% dearer against Vest than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest DRAM-USD-PERP	61.860	0.0046	pay 0.0006% / 1h	43m 45s	—	$797	10x
Short	Bybit DRAMUSDT	62.013	0.0275	get 0.0275% / 8h	43m 45s	$9.3M	$10.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Vest. 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 VestbpFee BybitbpOrdersPrice spread, now +0.247%Rate

Funding earned: $48.16
Price spread: +0.247% → 0.000%: $24.73
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $59.89
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Bybit: live order book, 4 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 Vest no order-book sample	—	—	—	—	—
Sell Bybit live order book, 4 min ago	0.81 bp	6.9 bp −$7	12.1 bp −$121	104.8 bp −$10.5K	doesn't fit

Vest: 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	62.000	+0.226%	$8.3M	$3.4M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.970	+0.178%	$826	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.920	+0.097%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.850	−0.016%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	61.955	+0.154%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERPlong	+0.0046%	1h	61.860	long leg	—	$797	10x
Polymarket Perps DRAM-USD	+0.0050%	1h	61.951	+0.147%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.980	+0.194%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.900	+0.065%	$1.2M	$1.8M	10x	as long as short
edgeX DRAMUSDC	+0.0066%	4h	61.944	+0.135%	$153K	$290K	20x	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	+0.0079%	1h	61.930	+0.113%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.978	+0.192%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.920	+0.097%	$3.0M	$475K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.970	+0.178%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.980	+0.194%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.989	+0.208%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0141%	8h	61.970	+0.178%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0143%	8h	61.960	+0.162%	$26.0M	$12.7M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0169%	8h	61.964	+0.168%	—	—	5x	as long as short
Aster DRAMUSDT	+0.0172%	8h	61.995	+0.219%	$199K	$36K	20x	as long as short
Lighter DRAM	+0.0176%	1h	61.971	+0.179%	$978K	$1.2M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0176%	8h	61.941	+0.130%	$36K	$178K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.453%	$510K	$43K	20x	as long as short
Variational Omni DRAM	+0.0261%	8h	61.987	+0.206%	$2.4M	$948K	—	as long as short
Bybit DRAMUSDTshort	+0.0275%	8h	62.013	+0.247%	$9.3M	$10.5M	100x
RISEx DRAM/USDC	+0.0295%	1h	61.976	+0.187%	$457K	$475K	20x	as long as short
MEXC DRAM_USDT	+0.0302%	8h	61.950	+0.145%	$11.2M	$6.5M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0302%	1h	61.966	+0.171%	$80.4M	$39.9M	20x	as long as short
Extended DRAM-USD	+0.0304%	1h	61.959	+0.160%	$77K	$766K	10x	as long as short
Binance DRAMUSDT	+0.0307%	8h	61.970	+0.178%	$43.9M	$82.6M	50x	as long as short
Entropy io:DRAM	+0.0310%	1h	61.906	+0.074%	$260K	$502K	25x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0396%	1h	61.970	+0.178%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0552%	8h	61.980	+0.194%	$295K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.950	+0.145%	$50K	$89K	10x	as long as short