DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h 0.000%

Price spread now: ApeX Omni against Polymarket Perps+0.049%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$1000.998% of the position

Long on Polymarket Perps Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.098%+$10 on $10k

Price spread, last 3 days (all we have)−0.049%−$5 · spread now +0.049%, 7d avg +0.056%

Together, before fees+0.049%+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.056%, 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	Polymarket Perps DRAM-USD	61.550	0.0050	pay 0.0006% / 1h	10m 47s	$203K	$1.2M	10x
Short	ApeX Omni DRAMUSDT	61.580	0.0100	get 0.0013% / 1h	10m 47s	$22K	$183K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Polymarket Perps. 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 Polymarket PerpsbpFee ApeX OmnibpOrdersPrice spread, now +0.049%Rate

Funding earned: $10.5
Price spread: +0.049% → +0.056%: −$0.69
Slippage, 4 orders: −$81.84
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$90.03
Costs to cover: 0.998%
Break-even: 67.0 days

Slippage from Polymarket Perps: live order book, 3 min ago; ApeX Omni: live order book, 10 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 Polymarket Perps live order book, 3 min ago	1.79 bp	6.7 bp −$7	6.8 bp −$68	9.9 bp −$987	doesn't fit
Sell ApeX Omni live order book, 10 min ago	24.33 bp	46.6 bp −$47	212.9 bp −$2,129	doesn't fit	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	61.590	+0.065%	$8.2M	$3.6M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.570	+0.032%	$754	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.530	−0.032%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.580	+0.049%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0032%	1h	61.566	+0.025%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.530	−0.032%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.552	+0.003%	$251K	$506K	25x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	61.550	long leg	$203K	$1.2M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.557	+0.011%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.500	−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
OKX DRAM-USDT-SWAP	+0.0052%	8h	61.600	+0.081%	$5.4M	$4.9M	50x	as long as short
edgeX DRAMUSDC	+0.0053%	4h	61.603	+0.086%	$152K	$291K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0075%	1h	61.570	+0.032%	$13K	$9K	20x	as long as short
QFEX DRAM-USD	+0.0080%	1h	61.550	0.000%	$1.0M	$77K	10x	as long as short
Bitget DRAMUSDT	+0.0090%	8h	61.570	+0.032%	$25.9M	$12.6M	20x	as long as short
Aster DRAMUSDT	+0.0097%	8h	61.572	+0.036%	$201K	$36K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.585	+0.057%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.560	+0.016%	$3.0M	$483K	20x	as long as short
ApeX Omni DRAMUSDTshort	+0.0100%	1h	61.580	+0.049%	$22K	$183K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.560	+0.016%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.569	+0.031%	$4K	—	10x	as long as short
tradeXYZ xyz:DRAM	+0.0120%	1h	61.557	+0.011%	$78.9M	$39.8M	20x	as long as short
Bybit DRAMUSDT	+0.0133%	8h	61.615	+0.106%	$9.2M	$10.3M	100x	as long as short
Paradex DRAM-USD-PERP	+0.0135%	8h	61.572	+0.035%	—	—	5x	as long as short
Lighter DRAM	+0.0152%	1h	61.568	+0.029%	$990K	$1.2M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0171%	8h	61.578	+0.045%	$36K	$189K	10x	as long as short
Variational Omni DRAM	+0.0187%	8h	61.627	+0.125%	$2.4M	$978K	—	as long as short
BloFin DRAM-USDT	+0.0208%	8h	61.600	+0.081%	$295K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0228%	8h	61.576	+0.042%	$43.7M	$82.9M	50x	as long as short
MEXC DRAM_USDT	+0.0229%	8h	61.570	+0.032%	$11.1M	$6.4M	100x	as long as short
Extended DRAM-USD	+0.0232%	1h	61.570	+0.033%	$102K	$741K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.580	+0.049%	$510K	$44K	20x	as long as short
RISEx DRAM/USDC	+0.0459%	1h	61.574	+0.039%	$474K	$440K	20x	as long as short
Arcus DRAM-USD	+0.0739%	1h	61.550	0.000%	$50K	$95K	10x	as long as short