Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h +0.086%

Price spread now: BloFin against Polymarket Perps+0.075%45s7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$300.303% of the position

Long on Polymarket Perps Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.072%+$7 on $10k

Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.075%, 7d avg +0.051%

Together, before fees+0.024%+$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.025% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.075% now, against its 7-day average of +0.051%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.072%, so the current rate has only just turned against you. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DRAM-USD	60.954	0.0050	pay 0.0006% / 1h	38m 21s	$253K	$1.3M	10x
Short	BloFin DRAM-USDT	61.000	0.0032	get 0.0032% / 8h	38m 21s	$297K	$26K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.075%Rate

Funding earned: −$3.77
Price spread: +0.075% → +0.051%: $2.46
Slippage, 4 orders: −$10.3
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$31.61
Costs to cover: 0.303%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 5 min ago; BloFin: live order book, 41 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, 5 min ago	1.80 bp	8.5 bp −$9	8.6 bp −$86	9.8 bp −$984	doesn't fit
Sell BloFin live order book, 41 min ago	0.82 bp	7.4 bp −$7	12.6 bp −$126	33.3 bp −$3,333	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	−0.0747%	8h	61.020	+0.108%	$26.4M	$15.0M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.985	+0.051%	$196K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.020	+0.108%	$9.5M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.980	+0.043%	$422K	$343K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.030	+0.125%	$8.0M	$3.7M	75x	as long as short
Variational Omni DRAM	0.0000%	8h	61.033	+0.130%	$2.3M	$582K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.030	+0.125%	$36K	$205K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.990	+0.059%	$642	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.990	+0.059%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.980	+0.043%	$1.7M	$1.3M	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	+0.0007%	8h	61.000	+0.075%	$5.4M	$6.0M	50x	as long as short
edgeX DRAMUSDC	+0.0009%	4h	61.029	+0.124%	$148K	$298K	20x	as long as short
Extended DRAM-USD	+0.0032%	1h	60.964	+0.016%	$77K	$196K	10x	as long as short
BloFin DRAM-USDTshort	+0.0032%	8h	61.000	+0.075%	$297K	$26K	20x
Aftermath Perps DRAMUSD	+0.0034%	1h	60.978	+0.040%	$1K	$30K	5x	as long as short
Binance DRAMUSDT	+0.0034%	8h	60.980	+0.043%	$43.7M	$88.7M	50x	as long as short
MEXC DRAM_USDT	+0.0036%	8h	60.960	+0.010%	$7.7M	$5.7M	100x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.960	+0.010%	$47K	$67K	10x	as long as short
QFEX DRAM-USD	+0.0040%	1h	60.990	+0.059%	$993K	$84K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.960	+0.010%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.947	−0.011%	$179K	$480K	25x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	60.954	long leg	$253K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	60.970	+0.026%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.960	+0.010%	$1.1M	$3.5M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0078%	1h	60.960	+0.010%	$13K	$3K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	60.999	+0.074%	$73K	$38K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.970	+0.026%	$3.0M	$422K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.040	+0.141%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.980	+0.043%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0101%	8h	60.986	+0.053%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.967	+0.022%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0176%	1h	60.910	−0.072%	$523K	$75K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0194%	1h	60.968	+0.023%	$78.9M	$35.9M	20x	as long as short
Lighter DRAM	+0.0352%	1h	61.007	+0.087%	$1.1M	$1.2M	20x	as long as short