Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG41.37000.0000% / 8h16m 23s$1.8M$12.1M10xLong Phemex
SHORT41.330+0.0050get 0.0006% / 1h16m 23s$293K$1.6M10xShort Polymarket Perps
Price gap−0.097%
Funding gap+0.0050% /8h

Funding trade: +$2 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$34+0.0050% /8h now · paid +0.342% over the last 7D
Price$0spread −0.097% now, avg −0.097% → +0.001% if it goes back
Costs−$420.422% of $10k · taker + slippage, in and out
Result−$8−0.08%no points

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.097%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

DRAM on 37 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • OK: Fits both order books14.0 / 7.3 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$1,000 + $1,000
    Phemex 10x, Polymarket Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$1.50Long Phemex: 3 payments, $0.00; short Polymarket Perps: 24 payments, +$1.50.
  • Note: Gap at its usual level−0.097% vs −0.097%
    The price leg adds little either way.
  • Watch: Short leg is thinner$293K vs $1.8M OI
    Polymarket Perps sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCPhemex Yes · Polymarket Perps No
    KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0163%/8h × 21 periods+$34.18
Price spread−0.097% → −0.097% (7d avg)+$0.06
Slippage, 4 orderslive order books−$22.21
Fee Phemex bp × 2 orders−$12.00
Fee Polymarket Perps bp × 2 orders−$8.00
Net · 7 days · $10k−$7.97
Costs to cover0.422%Break-even8.6 days
Slippage: Phemex: live order book, 8 min ago; Polymarket Perps: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPhemex4.8214.0 bp−$1421.9 bp−$219doesn’t fitdoesn’t fit
SELL · SHORTPolymarket Perps1.937.3 bp−$78.0 bp−$8010.2 bp−$1,020doesn’t fit

Closing costs about the same again.

Alert

DRAM news

posts that mention DRAM, from every exchange
11-04 19:06Ondo PerpsOtherEligible perps markets for the Liquidity Pool: ▸ Stocks: NVDA, TSLA, META, AMD, INTC, MU, SNDK, COIN, MSTR, CRCL, SPCX ▸ Indices: US 500, US 100 ▸ ETFs: DRAM, SOXL ▸ Commodities: Gold, Silver, WTI ▸ Crypto: BTC, ETH Rewards are paid in USDC directly to your trading account within 48 hours of each week’s close. Trade Now → @OndoPerps on X ↗
10-27 13:21Ondo PerpsOtherEligible perps markets for the Liquidity Pool: ▸ Stocks: NVDA, TSLA, META, AMD, INTC, MU, SNDK, COIN, MSTR, CRCL, SPCX ▸ Indices: US 500, US 100 ▸ ETFs: DRAM, SOXL ▸ Commodities: Gold, Silver, WTI ▸ Crypto: BTC, ETH Rewards are paid in USDC directly to your trading account within 48 hours of each week’s close. Trade Now → @OndoPerps on X ↗
10-22 01:30KalshiOtherFUN FACT: Micron has increased the amount of DRAM produced per wafer by about 400x over the past 30 years @Kalshi on X ↗
10-18 00:45ArcusOtherThis weekend, memory stocks swept ~7% in minutes on perp markets, on no news, then bounced most of the way back. On Arcus, price bands held the move. Outside regular trading hours, perps trading and the mark price are constrained to a range around the last regular-hours price. The range widens only if sustained pressure builds - so a flash wick in thin weekend liquidity can't instantly mark positions down. The result on Saturday: 44.4k orders were rejected at the band floor, and 98% of open positions on SKHY, SNDK, MU, DRAM, CRWV, and BE made it through the wick without being liquidated. Price bands don't make liquidation impossible - a real, sustained move will still move the mark. They exist so you aren't liquidated by ten minutes of thin liquidity. How off-hours protection works: @arcus_xyz on X ↗
10-18 00:40ArcusOtherThis weekend, AI infrastructure stocks swept ~7% in minutes on perp markets, on no news, then bounced most of the way back. On Arcus, price bands held the move. Outside regular trading hours, perps trading and the mark price are constrained to a range around the last regular-hours price. The range widens only if sustained pressure builds - so a flash wick in thin weekend liquidity can't instantly mark positions down. The result on Saturday: 44.4k orders were rejected at the band floor, and 98% of open positions on SKHY, SNDK, MU, DRAM, CRWV, and BE made it through without being liquidated. Price bands don't make liquidation impossible - a real, sustained move will still move the mark. They exist so you aren't liquidated by ten minutes of thin liquidity. How off-hours protection works: @arcus_xyz on X ↗
10-16 15:31Vest MarketsOtherUS-listed memory shares are extending a week-long selloff, with $SKHY down around 5% on the session. Over $700 billion in global memory-chip market value has been erased since October 10, when China's CXMT detailed a denser 4F2 DRAM design. Goldman flagged $SKHY and Samsung today as attractive risk/reward, arguing the market overestimated China's tech gap. @VestExchange on X ↗