Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: Polymarket Perps against Orderly−0.058%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 5 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 −$2 a day on $10k at the current rate, and Polymarket Perps is 0.058% cheaper against Orderly than usual: you would sell low and buy high (−$6 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	Orderly PERP_DRAM_USDC_mythos	60.610	0.0100	pay 0.0100% / 8h	7h 50m	$8K	—	10x
Short	Polymarket Perps DRAM-USD	60.575	0.0050	get 0.0006% / 1h	50m 31s	$252K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Orderly. 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 OrderlybpFee Polymarket PerpsbpOrdersPrice spread, now −0.058%Rate

Funding earned: −$10.5
Price spread: −0.058% → 0.000%: −$5.77
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$30.27
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Polymarket Perps: live order book, 3 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 Orderly no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 3 min ago	1016.95 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Orderly: 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
Bitget DRAMUSDT	−0.0728%	8h	60.570	−0.066%	$26.4M	$15.2M	20x	as long as short
Entropy io:DRAM	−0.0277%	1h	60.609	−0.002%	$179K	$466K	25x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.574	−0.060%	$194K	$39K	20x	as long as short
Extended DRAM-USD	0.0000%	1h	60.571	−0.064%	$76K	$218K	10x	as long as short
Binance DRAMUSDT	0.0000%	8h	60.556	−0.090%	$43.5M	$89.5M	50x	as long as short
Bybit DRAMUSDT	0.0000%	8h	60.550	−0.099%	$9.6M	$10.4M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.572	−0.063%	$418K	$338K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	60.600	−0.016%	$7.9M	$3.6M	75x	as long as short
MEXC DRAM_USDT	0.0000%	8h	60.570	−0.066%	$8.4M	$5.4M	100x	as long as short
Variational Omni DRAM	0.0000%	8h	60.635	+0.041%	$2.3M	$584K	—	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT DRAM_USDT_Perp	0.0000%	8h	60.632	+0.036%	$36K	$209K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.620	+0.016%	$855	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.680	+0.115%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.630	+0.033%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0004%	8h	60.560	−0.082%	$5.4M	$6.1M	50x	as long as short
BloFin DRAM-USDT	+0.0034%	8h	60.600	−0.016%	$298K	$25K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0039%	1h	60.637	+0.044%	$1K	$29K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.530	−0.132%	$47K	$67K	10x	as long as short
edgeX DRAMUSDC	+0.0046%	4h	60.606	−0.007%	$147K	$299K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.650	+0.066%	—	—	10x	as long as short
Polymarket Perps DRAM-USDshort	+0.0050%	1h	60.575	−0.058%	$252K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	60.609	−0.002%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.500	−0.181%	$1.1M	$3.5M	10x	as long as short
tradeXYZ xyz:DRAM	+0.0051%	1h	60.558	−0.086%	$78.4M	$34.8M	20x	as long as short
QFEX DRAM-USD	+0.0053%	1h	60.480	−0.214%	$986K	$84K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0095%	8h	60.570	−0.066%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	60.564	−0.075%	$73K	$34K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.570	−0.066%	$3.0M	$404K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.620	+0.016%	$21K	$182K	50x	as long as short
Orderly PERP_DRAM_USDC_mythoslong	+0.0100%	8h	60.610	long leg	$8K	—	10x
Aevo DRAM-PERP	+0.0104%	1h	60.594	−0.026%	$4K	—	10x	as long as short
Lighter DRAM	+0.0240%	1h	60.577	−0.054%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0245%	1h	60.610	0.000%	$12K	$3K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0248%	1h	60.590	−0.033%	$532K	$86K	20x	as long as short