Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0047%/8h= −5.2% APRpaid last 24h −0.007%
Price spread now: Polymarket Perps against edgeX+0.061%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$290.292% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.061%, 7d avg −0.034%
Together, before fees−0.069%+ Points / potential airdropedgeX: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.095% dearer against edgeX than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of −0.034%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.7 days. At the pace of the last 7 days (−0.002% in total) that is about 10 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DRAMUSDC61.0800.0097pay 0.0049% / 4h1h 33m$148K$298K20x
ShortPolymarket Perps DRAM-USD61.1170.0050get 0.0006% / 1h33m 12s$254K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against edgeX. 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

Funding earned
−$9.93
Price spread: +0.061% → −0.034%
$9.52
Slippage, 4 orders
−$12.21
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$29.62
Costs to cover
0.292%
Break-even
never at this rate
Slippage from edgeX: live order book, 10 min ago; Polymarket Perps: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 10 min ago2.45 bp7.3 bp −$716.0 bp −$160doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 5 min ago1.88 bp7.8 bp −$87.9 bp −$798.9 bp −$886doesn't fit

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DRAMUSDT−0.0568%8h61.170+0.148%$26.0M$14.6M20xas long as short
Aster DRAMUSDT0.0000%8h61.165+0.139%$197K$35K20xas long as short
Bybit DRAMUSDT0.0000%8h61.159+0.130%$9.4M$10.2M100xas long as short
RISEx DRAM/USDC0.0000%1h61.130+0.083%$423K$359K20xas long as short
Gate DRAM_USDT0.0000%8h61.180+0.164%$8.0M$3.7M75xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.113+0.054%$36K$201K10xas long as short
SunX DRAM-USDT0.0000%8h61.120+0.066%$614$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.050−0.048%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.150+0.115%$1.7M$1.3M10xas long as short
OKX DRAM-USDT-SWAP+0.0017%8h61.150+0.115%$5.4M$5.9M50xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps DRAMUSD+0.0029%1h61.101+0.035%$1K$31K5xas long as short
QFEX DRAM-USD+0.0039%1h61.160+0.132%$996K$84K10xas long as short
Arcus DRAM-USD+0.0040%1h61.070−0.016%$48K$68K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.110+0.050%10xas long as short
Entropy io:DRAM+0.0050%1h61.086+0.011%$169K$470K25xas long as short
Polymarket Perps DRAM-USDshort+0.0050%1h61.117+0.061%$254K$1.4M10x
SoDEX DRAM-USD+0.0050%1h61.125+0.074%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.070−0.016%$1.0M$3.5M10xas long as short
Variational Omni DRAM+0.0055%8h61.064−0.025%$2.3M$682Kas long as short
BloFin DRAM-USDT+0.0069%8h61.090+0.017%$299K$26K20xas long as short
tradeXYZ xyz:DRAM+0.0076%1h61.109+0.048%$79.1M$35.9M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0077%1h61.130+0.083%$13K$3K20xas long as short
Paradex DRAM-USD-PERP+0.0094%8h61.132+0.086%5xas long as short
Extended DRAM-USD+0.0096%1h61.115+0.059%$74K$193K10xas long as short
Binance DRAMUSDT+0.0097%8h61.130+0.083%$43.7M$87.6M50xas long as short
edgeX DRAMUSDClong+0.0097%4h61.080long leg$148K$298K20x
MEXC DRAM_USDT+0.0099%8h61.130+0.083%$8.0M$5.6M100xas long as short
Pacifica DRAM+0.0100%1h61.139+0.097%$73K$46K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.110+0.050%$3.0M$416K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.110+0.050%$21K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.130+0.083%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.134+0.088%$4K10xas long as short
Lighter DRAM+0.0160%1h61.155+0.124%$1.1M$1.2M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0160%1h61.110+0.050%$525K$75K20xas long as short