Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0148%/8h= −16.2% APRpaid last 24h −0.017%

Price spread now: Polymarket Perps against Aster−0.062%7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$380.378% of the position

Long on Aster Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.121%−$12 · spread now −0.062%, 7d avg −0.031%

Together, before fees−0.119%+ Points / potential airdropAster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Polymarket Perps is 0.031% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.031%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster DRAMUSDT	61.370	0.0198	pay 0.0198% / 8h	5h 58m	$196K	$28K	20x
Short	Polymarket Perps DRAM-USD	61.332	0.0050	get 0.0006% / 1h	58m 06s	$255K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Aster. 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 AsterbpFee Polymarket PerpsbpOrdersPrice spread, now −0.062%Rate

Funding earned: −$31.07
Price spread: −0.062% → −0.031%: −$3.11
Slippage, 4 orders: −$21.77
Fee Aster: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$71.96
Costs to cover: 0.378%
Break-even: never at this rate

Slippage from Aster: live order book, 51 min ago; Polymarket Perps: live order book, 3 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 Aster live order book, 51 min ago	2.46 bp	13.1 bp −$13	34.0 bp −$340	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 3 min ago	0.49 bp	8.8 bp −$9	8.9 bp −$89	11.1 bp −$1,110	doesn't fit

DRAM on 34 exchanges

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
Bybit DRAMUSDT	0.0000%	8h	61.394	+0.039%	$9.6M	$11.2M	100x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.370	0.000%	$26.8M	$16.9M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.330	−0.065%	$705	$2.4M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.310	−0.098%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.360	−0.016%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0032%	1h	61.289	−0.131%	$1K	$27K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.320	−0.081%	$59K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.350	−0.033%	—	—	10x	as long as short
Polymarket Perps DRAM-USDshort	+0.0050%	1h	61.332	−0.062%	$255K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.380	+0.016%	$2K	$15K	20x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.310	−0.098%	$1.1M	$3.6M	10x	as long as short
QFEX DRAM-USD	+0.0057%	1h	61.380	+0.016%	$1.0M	$97K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0076%	1h	61.340	−0.049%	$13K	$3K	20x	as long as short
edgeX DRAMUSDC	+0.0084%	4h	61.344	−0.042%	$149K	$300K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.358	−0.020%	$74K	$30K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.310	−0.098%	$3.0M	$422K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.410	+0.065%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.370	0.000%	$8K	—	10x	as long as short
tradeXYZ xyz:DRAM	+0.0103%	1h	61.354	−0.026%	$79.5M	$38.2M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.291	−0.129%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0132%	8h	61.360	−0.017%	—	—	5x	as long as short
Gate DRAM_USDT	+0.0136%	8h	61.400	+0.049%	$8.0M	$3.7M	75x	as long as short
Lighter DRAM	+0.0144%	1h	61.365	−0.008%	$1.1M	$1.4M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0166%	8h	61.390	+0.033%	$5.5M	$6.7M	50x	as long as short
Aster DRAMUSDTlong	+0.0198%	8h	61.370	long leg	$196K	$28K	20x
Variational Omni DRAM	+0.0227%	8h	61.361	−0.015%	$2.2M	$688K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.330	−0.065%	$537K	$91K	20x	as long as short
MEXC DRAM_USDT	+0.0288%	8h	61.370	0.000%	$9.7M	$5.3M	100x	as long as short
Binance DRAMUSDT	+0.0296%	8h	61.364	−0.010%	$44.6M	$97.2M	50x	as long as short
Extended DRAM-USD	+0.0296%	1h	61.339	−0.051%	$100K	$298K	10x	as long as short
RISEx DRAM/USDC	+0.0600%	1h	61.348	−0.036%	$461K	$370K	20x	as long as short
BloFin DRAM-USDT	+0.0645%	8h	61.400	+0.049%	$306K	$27K	20x	as long as short
Entropy io:DRAM	+0.0689%	1h	61.290	−0.130%	$348K	$1.7M	25x	as long as short
GRVT DRAM_USDT_Perp	+0.0689%	8h	61.287	−0.135%	$36K	$217K	10x	as long as short