DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h 0.000%

Price spread now: Polymarket Perps against ApeX Omni−0.154%7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$111as in the Price arb table

costs, in and out, $10k−$1011.011% of the position

Long on ApeX Omni Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.098%−$10 on $10k

Price spread, last 3 days (all we have)+0.138%+$14 · spread now −0.154%, 7d avg −0.054%

Together, before fees+0.040%+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Polymarket Perps is 0.100% cheaper against ApeX Omni than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.054%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni DRAMUSDT	61.830	0.0100	pay 0.0013% / 1h	26m 58s	$22K	$184K	50x
Short	Polymarket Perps DRAM-USD	61.735	0.0050	get 0.0006% / 1h	26m 58s	$204K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against ApeX 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 ApeX OmnibpFee Polymarket PerpsbpOrdersPrice spread, now −0.154%Rate

Funding earned: −$10.5
Price spread: −0.154% → −0.054%: −$9.98
Slippage, 4 orders: −$83.08
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$121.57
Costs to cover: 1.011%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 54 min ago; Polymarket Perps: live order book, 1 min ago.

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 ApeX Omni live order book, 54 min ago	24.33 bp	40.7 bp −$41	208.1 bp −$2,081	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 1 min ago	1.46 bp	5.5 bp −$5	6.1 bp −$61	6.7 bp −$667	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
Gate DRAM_USDT	0.0000%	8h	61.790	−0.065%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.770	−0.097%	$757	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.760	−0.113%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.770	−0.097%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0037%	1h	61.729	−0.164%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.650	−0.291%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.668	−0.262%	$254K	$505K	25x	as long as short
Polymarket Perps DRAM-USDshort	+0.0050%	1h	61.735	−0.154%	$204K	$1.2M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.760	−0.113%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.720	−0.178%	$1.2M	$1.7M	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	+0.0052%	1h	61.740	−0.146%	$1.0M	$77K	10x	as long as short
edgeX DRAMUSDC	+0.0055%	4h	61.775	−0.090%	$153K	$288K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.705	−0.203%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.760	−0.113%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDTlong	+0.0100%	1h	61.830	long leg	$22K	$184K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.760	−0.113%	$8K	—	10x	as long as short
Aster DRAMUSDT	+0.0102%	8h	61.740	−0.146%	$198K	$36K	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.774	−0.091%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0110%	8h	61.760	−0.113%	$26.0M	$12.5M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0111%	8h	61.770	−0.097%	$5.4M	$4.6M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0139%	8h	61.790	−0.065%	$36K	$183K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0162%	8h	61.756	−0.119%	—	—	5x	as long as short
Variational Omni DRAM	+0.0187%	8h	61.727	−0.166%	$2.4M	$949K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.404%	$510K	$43K	20x	as long as short
Bybit DRAMUSDT	+0.0227%	8h	61.806	−0.039%	$9.3M	$10.4M	100x	as long as short
Extended DRAM-USD	+0.0232%	1h	61.748	−0.133%	$77K	$765K	10x	as long as short
MEXC DRAM_USDT	+0.0234%	8h	61.750	−0.129%	$11.2M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0235%	8h	61.757	−0.118%	$43.8M	$82.6M	50x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.773	−0.093%	$455K	$454K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0311%	1h	61.738	−0.149%	$79.3M	$39.6M	20x	as long as short
Lighter DRAM	+0.0312%	1h	61.764	−0.107%	$992K	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.760	−0.113%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0439%	8h	61.770	−0.097%	$294K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.750	−0.129%	$50K	$92K	10x	as long as short