Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.007%

Price spread now: edgeX against Polymarket Perps+0.054%64s7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as 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−$290.291% of the position

Long on Polymarket Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.183%−$18 · spread now +0.054%, 7d avg +0.035%

Together, before fees−0.181%+ Points / potential airdropedgeX: Active · farm board−$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 64 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	60.962	0.0050	pay 0.0006% / 1h	40m 01s	$253K	$1.3M	10x
Short	edgeX DRAMUSDC	60.995	0.0083	get 0.0042% / 4h	40m 01s	$148K	$297K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.054%Rate

Funding earned: $6.96
Price spread: +0.054% → +0.035%: $1.88
Slippage, 4 orders: −$12.07
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$20.23
Costs to cover: 0.291%
Break-even: 27.4 days

Slippage from Polymarket Perps: live order book, 3 min ago; edgeX: live order book, 63 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	1.80 bp	8.5 bp −$9	8.6 bp −$86	9.8 bp −$984	doesn't fit
Sell edgeX live order book, 63 min ago	2.45 bp	7.4 bp −$7	15.6 bp −$156	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
Bitget DRAMUSDT	−0.0750%	8h	61.010	+0.079%	$26.4M	$15.0M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	61.022	+0.098%	$196K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.010	+0.079%	$9.5M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.970	+0.013%	$422K	$344K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.040	+0.128%	$8.0M	$3.7M	75x	as long as short
Variational Omni DRAM	0.0000%	8h	61.033	+0.117%	$2.3M	$582K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.949	−0.022%	$36K	$205K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.980	+0.030%	$817	$2.6M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	60.960	−0.003%	$13K	$3K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.990	+0.046%	$27K	$3K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex DRAMUSDT	0.0000%	8h	60.970	+0.013%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0008%	8h	61.000	+0.062%	$5.4M	$6.0M	50x	as long as short
BloFin DRAM-USDT	+0.0019%	8h	61.060	+0.161%	$298K	$26K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	60.974	+0.020%	$1K	$30K	5x	as long as short
MEXC DRAM_USDT	+0.0035%	8h	60.960	−0.003%	$7.7M	$5.7M	100x	as long as short
Binance DRAMUSDT	+0.0037%	8h	60.970	+0.013%	$43.7M	$88.7M	50x	as long as short
Extended DRAM-USD	+0.0040%	1h	60.953	−0.014%	$77K	$196K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.980	+0.030%	$47K	$67K	10x	as long as short
QFEX DRAM-USD	+0.0040%	1h	60.980	+0.030%	$993K	$84K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.970	+0.013%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.944	−0.030%	$179K	$481K	25x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	60.962	long leg	$253K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	60.985	+0.038%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.960	−0.003%	$1.1M	$3.5M	10x	as long as short
edgeX DRAMUSDCshort	+0.0083%	4h	60.995	+0.054%	$148K	$297K	20x
Pacifica DRAM	+0.0100%	1h	61.001	+0.065%	$73K	$39K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.960	−0.003%	$3.0M	$422K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.900	−0.102%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.990	+0.046%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0102%	8h	61.004	+0.070%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.971	+0.015%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0176%	1h	60.910	−0.085%	$523K	$75K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0192%	1h	60.960	−0.003%	$78.9M	$36.0M	20x	as long as short
Lighter DRAM	+0.0352%	1h	61.003	+0.067%	$1.1M	$1.2M	20x	as long as short