Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0061%/8h= −6.6% APRpaid last 24h −0.037%

Price spread now: Polymarket Perps against OKX−0.057%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$280.284% of the position

Long on OKX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 3 days (all we have)+0.083%+$8 · spread now −0.057%, 7d avg −0.044%

Together, before fees+0.065%+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.044%, 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	OKX DRAM-USDT-SWAP	61.770	0.0111	pay 0.0111% / 8h	1h 27m	$5.4M	$4.6M	50x
Short	Polymarket Perps DRAM-USD	61.735	0.0050	get 0.0006% / 1h	27m 12s	$204K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against OKX. 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 OKXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.057%Rate

Funding earned: −$12.74
Price spread: −0.057% → −0.044%: −$1.27
Slippage, 4 orders: −$10.45
Fee OKX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$42.45
Costs to cover: 0.284%
Break-even: never at this rate

Slippage from OKX: live order book, 6 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 OKX live order book, 6 min ago	0.81 bp	7.5 bp −$7	15.4 bp −$154	77.5 bp −$7,746	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	+0.032%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.770	0.000%	$757	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.760	−0.016%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.770	0.000%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0037%	1h	61.729	−0.067%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.650	−0.194%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.668	−0.165%	$254K	$505K	25x	as long as short
Polymarket Perps DRAM-USDshort	+0.0050%	1h	61.735	−0.057%	$204K	$1.2M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.760	−0.016%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.720	−0.081%	$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	−0.049%	$1.0M	$77K	10x	as long as short
edgeX DRAMUSDC	+0.0055%	4h	61.775	+0.007%	$153K	$288K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.705	−0.106%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.760	−0.016%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.830	+0.097%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.760	−0.016%	$8K	—	10x	as long as short
Aster DRAMUSDT	+0.0102%	8h	61.740	−0.049%	$198K	$36K	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.774	+0.006%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0110%	8h	61.760	−0.016%	$26.0M	$12.5M	20x	as long as short
OKX DRAM-USDT-SWAPlong	+0.0111%	8h	61.770	long leg	$5.4M	$4.6M	50x
GRVT DRAM_USDT_Perp	+0.0139%	8h	61.790	+0.032%	$36K	$183K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0162%	8h	61.756	−0.022%	—	—	5x	as long as short
Variational Omni DRAM	+0.0187%	8h	61.727	−0.069%	$2.4M	$949K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.308%	$510K	$43K	20x	as long as short
Bybit DRAMUSDT	+0.0227%	8h	61.810	+0.065%	$9.3M	$10.4M	100x	as long as short
Extended DRAM-USD	+0.0232%	1h	61.749	−0.034%	$77K	$765K	10x	as long as short
MEXC DRAM_USDT	+0.0234%	8h	61.760	−0.016%	$11.2M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0235%	8h	61.760	−0.016%	$43.8M	$82.6M	50x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.773	+0.004%	$455K	$454K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0311%	1h	61.738	−0.052%	$79.3M	$39.6M	20x	as long as short
Lighter DRAM	+0.0312%	1h	61.764	−0.010%	$992K	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.760	−0.016%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0439%	8h	61.770	0.000%	$294K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.750	−0.032%	$50K	$92K	10x	as long as short