DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0346%/8h= −37.9% APRnext payment −$0.43 per $10,000 · paid last 24h −0.075%

Price spread now: Polymarket Perps against Deribit−0.045%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Polymarket Perps is 0.045% cheaper against Deribit than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit DRAM_USDC-PERPETUAL	61.940	0.0396	pay 0.0050% / 1h	49m 16s	$13K	$9K	20x
Short	Polymarket Perps DRAM-USD	61.912	0.0050	get 0.0006% / 1h	49m 16s	$211K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Deribit. 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 DeribitbpFee Polymarket PerpsbpOrdersPrice spread, now −0.045%Rate

Funding earned: −$72.7
Price spread: −0.045% → 0.000%: −$4.52
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$92.22
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; Polymarket Perps: 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 Deribit no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 4 min ago	1.37 bp	5.8 bp −$6	6.1 bp −$61	7.3 bp −$731	doesn't fit

Deribit: 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	61.960	+0.032%	$8.3M	$3.4M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.950	+0.016%	$605	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.900	−0.065%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.860	−0.129%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0032%	4h	61.941	+0.002%	$153K	$290K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	61.908	−0.051%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.850	−0.145%	—	$797	10x	as long as short
Polymarket Perps DRAM-USDshort	+0.0050%	1h	61.912	−0.045%	$211K	$1.2M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.945	+0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.890	−0.081%	$1.2M	$1.8M	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	+0.0079%	1h	61.930	−0.016%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.959	+0.030%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.890	−0.081%	$3.0M	$475K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.940	0.000%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.940	0.000%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.954	+0.023%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0135%	8h	61.950	+0.016%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0138%	8h	61.940	0.000%	$26.0M	$12.7M	20x	as long as short
Aster DRAMUSDT	+0.0150%	8h	61.913	−0.044%	$199K	$36K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0168%	8h	61.943	+0.004%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0170%	8h	61.940	0.000%	$36K	$178K	10x	as long as short
Lighter DRAM	+0.0192%	1h	61.944	+0.006%	$977K	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.581%	$510K	$43K	20x	as long as short
Entropy io:DRAM	+0.0197%	1h	61.880	−0.097%	$259K	$502K	25x	as long as short
Variational Omni DRAM	+0.0237%	8h	61.947	+0.012%	$2.4M	$948K	—	as long as short
Bybit DRAMUSDT	+0.0269%	8h	62.000	+0.097%	$9.3M	$10.4M	100x	as long as short
MEXC DRAM_USDT	+0.0282%	8h	61.940	0.000%	$11.2M	$6.5M	100x	as long as short
Binance DRAMUSDT	+0.0285%	8h	61.950	+0.016%	$43.9M	$82.4M	50x	as long as short
Extended DRAM-USD	+0.0288%	1h	61.939	−0.002%	$77K	$766K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0291%	1h	61.940	0.000%	$80.3M	$39.8M	20x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.947	+0.011%	$457K	$475K	20x	as long as short
Deribit DRAM_USDC-PERPETUALlong	+0.0396%	1h	61.940	long leg	$13K	$9K	20x
BloFin DRAM-USDT	+0.0537%	8h	61.930	−0.016%	$295K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.930	−0.016%	$50K	$89K	10x	as long as short