DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0134%/8h= +14.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.042%

Price spread now: Coinbase International against Polymarket Perps−0.078%7-day average −0.118% · you buy dearer than you sell

Net, funding: paid 7d − costs−$6as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$320.316% of the position

Long on Polymarket Perps Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.254%+$25 on $10k

Price spread, last 3 days (all we have)+0.203%+$20 · spread now −0.078%, 7d avg −0.118%

Together, before fees+0.457%+$46 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.040% dearer against Polymarket Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.118%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DRAM-USD	62.439	0.0050	pay 0.0006% / 1h	8m 23s	$267K	$1.3M	10x
Short	Coinbase International DRAM-PERP-INTX	62.390	0.0184	get 0.0023% / 1h	8m 23s	$540K	$91K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.078%Rate

Funding earned: $28.14
Price spread: −0.078% → −0.118%: $3.97
Slippage, 4 orders: −$13.64
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $0.47
Costs to cover: 0.316%
Break-even: 6.9 days

Slippage from Polymarket Perps: live order book, 5 min ago; Coinbase International: live order book, 65 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	2.24 bp	6.6 bp −$7	6.6 bp −$66	8.5 bp −$848	doesn't fit
Sell Coinbase International live order book, 65 min ago	3.23 bp	9.0 bp −$9	12.4 bp −$124	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
SunX DRAM-USDT	0.0000%	8h	62.480	+0.066%	$861	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.460	+0.034%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.440	+0.002%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0018%	4h	62.437	−0.004%	$151K	$295K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	62.434	−0.008%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.400	−0.062%	—	—	10x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	62.439	long leg	$267K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	62.450	+0.018%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.400	−0.062%	$1.1M	$1.9M	10x	as long as short
Pacifica DRAM	+0.0100%	1h	62.465	+0.042%	$76K	$41K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DRAMUSDTM	+0.0100%	8h	62.430	−0.014%	$3.0M	$421K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.450	+0.018%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.490	+0.082%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.474	+0.057%	$4K	—	10x	as long as short
Lighter DRAM	+0.0112%	1h	62.445	+0.010%	$971K	$1.3M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.460	+0.034%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTXshort	+0.0184%	1h	62.390	−0.078%	$540K	$91K	20x
tradeXYZ xyz:DRAM	+0.0228%	1h	62.430	−0.014%	$82.2M	$37.6M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0231%	8h	62.472	+0.053%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0244%	8h	62.440	+0.002%	$5.5M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0467%	8h	62.521	+0.131%	$9.6M	$10.4M	100x	as long as short
Aster DRAMUSDT	+0.0480%	8h	62.354	−0.136%	$201K	$36K	20x	as long as short
Entropy io:DRAM	+0.0514%	1h	62.371	−0.109%	$255K	$448K	25x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0551%	1h	62.460	+0.034%	$13K	$3K	20x	as long as short
Variational Omni DRAM	+0.0561%	8h	62.435	−0.007%	$2.4M	$749K	—	as long as short
Bitget DRAMUSDT	+0.0595%	8h	62.480	+0.066%	$26.2M	$12.9M	20x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.450	+0.018%	$51K	$82K	10x	as long as short
Extended DRAM-USD	+0.0608%	1h	62.466	+0.042%	$76K	$665K	10x	as long as short
MEXC DRAM_USDT	+0.0608%	8h	62.470	+0.050%	$9.7M	$6.7M	100x	as long as short
Binance DRAMUSDT	+0.0610%	8h	62.479	+0.064%	$45.0M	$81.9M	50x	as long as short
Gate DRAM_USDT	+0.0820%	8h	62.490	+0.082%	$8.3M	$3.5M	75x	as long as short
BloFin DRAM-USDT	+0.0957%	8h	62.460	+0.034%	$298K	$26K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.1026%	8h	62.510	+0.114%	$37K	$153K	10x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.465	+0.042%	$456K	$498K	20x	as long as short