Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: Polymarket Perps against KuCoin−0.026%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$870.866% of the position

Long on KuCoin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.082%−$8 on $10k

Price spread, last 7 days+0.072%+$7 · spread now −0.026%, 7d avg −0.034%

Together, before fees−0.010%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DRAMUSDTM	61.100	0.0100	pay 0.0100% / 8h	2h 29m	$3.0M	$405K	20x
Short	Polymarket Perps DRAM-USD	61.084	0.0050	get 0.0006% / 1h	29m 10s	$256K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against KuCoin. 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 KuCoinbpFee Polymarket PerpsbpOrdersPrice spread, now −0.026%Rate

Funding earned: −$10.5
Price spread: −0.026% → −0.034%: $0.83
Slippage, 4 orders: −$66.65
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$96.32
Costs to cover: 0.866%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; Polymarket Perps: live order book, 4 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 KuCoin live order book, 3 min ago	1.64 bp	43.2 bp −$43	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	2.54 bp	7.3 bp −$7	7.4 bp −$74	8.1 bp −$809	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
Bitget DRAMUSDT	−0.0335%	8h	61.120	+0.033%	$25.8M	$14.0M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.112	+0.019%	$423K	$507K	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.117	+0.028%	$36K	$193K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.090	−0.016%	$684	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.170	+0.115%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.120	+0.033%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0020%	8h	61.143	+0.070%	$9.4M	$10.1M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.138	+0.062%	$1K	$31K	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0035%	8h	61.120	+0.033%	$5.4M	$5.3M	50x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.110	+0.016%	$48K	$75K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.100	0.000%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.100	0.000%	$995K	$84K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.118	+0.029%	$168K	$468K	25x	as long as short
Polymarket Perps DRAM-USDshort	+0.0050%	1h	61.084	−0.026%	$256K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.110	+0.016%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.040	−0.098%	$1.1M	$3.0M	10x	as long as short
Aster DRAMUSDT	+0.0067%	8h	61.138	+0.062%	$197K	$35K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0077%	1h	61.110	+0.016%	$13K	$3K	20x	as long as short
edgeX DRAMUSDC	+0.0082%	4h	61.065	−0.057%	$148K	$299K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.108	+0.012%	$73K	$49K	10x	as long as short
KuCoin DRAMUSDTMlong	+0.0100%	8h	61.100	long leg	$3.0M	$405K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	61.060	−0.065%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.120	+0.033%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0101%	8h	61.107	+0.012%	—	—	5x	as long as short
Gate DRAM_USDT	+0.0102%	8h	61.180	+0.131%	$8.0M	$3.7M	75x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.130	+0.049%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0122%	8h	61.116	+0.025%	$2.3M	$676K	—	as long as short
tradeXYZ xyz:DRAM	+0.0134%	1h	61.102	+0.003%	$79.2M	$35.8M	20x	as long as short
BloFin DRAM-USDT	+0.0147%	8h	61.160	+0.098%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0175%	8h	61.109	+0.015%	$43.7M	$85.0M	50x	as long as short
Extended DRAM-USD	+0.0176%	1h	61.115	+0.025%	$76K	$191K	10x	as long as short
MEXC DRAM_USDT	+0.0177%	8h	61.110	+0.016%	$8.1M	$5.6M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.060	−0.065%	$524K	$74K	20x	as long as short
Lighter DRAM	+0.0200%	1h	61.113	+0.021%	$1.1M	$1.2M	20x	as long as short