Funding you earn now, next payment 02:00 UTC+0.0542%/8h= +59.3% APRnext payment +$0.68 per $10,000 · paid last 24h +0.048%
Price spread now: Extended against Polymarket Perps+0.002%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$210.208% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)−0.248%−$25 · spread now +0.002%, 7d avg +0.009%
=Together, before fees−0.178%+ Points / potential airdropExtended: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.071% in total (about 3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.68 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps DRAM-USD | 62.212 | 0.0050 | pay 0.0006% / 1h | 23m 06s | $266K | $1.3M | 10x |
| Short | Extended DRAM-USD | 62.214 | 0.0592 | get 0.0074% / 1h | 23m 06s | $75K | $669K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $113.82
- Price spread: +0.002% → +0.009%
- −$0.64
- Slippage, 4 orders
- −$7.77
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $92.4
- Costs to cover
- 0.208%
- Break-even
- 1.3 days
Slippage from Polymarket Perps: live order book, 5 min ago; Extended: live order book, 45 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 | 2.17 bp | 6.5 bp −$6 | 6.5 bp −$65 | 8.8 bp −$883 | doesn't fit |
| Sell Extended live order book, 45 min ago | 0.40 bp | 3.2 bp −$3 | 6.4 bp −$64 | doesn't fit | doesn't fit |
DRAM on 33 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 | 62.220 | +0.013% | $791 | $2.9M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.240 | +0.045% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.230 | +0.029% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0019% | 4h | 62.251 | +0.062% | $151K | $296K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0034% | 1h | 62.213 | +0.001% | $1K | $34K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.230 | +0.029% | $51K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.190 | −0.035% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0046% | 1h | 62.210 | −0.003% | $1.0M | $78K | 10x | as long as short |
| Polymarket Perps DRAM-USDlong | +0.0050% | 1h | 62.212 | long leg | $266K | $1.3M | 10x | |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.227 | +0.024% | $2K | $15K | 20x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.170 | −0.068% | $1.1M | $1.9M | 10x | as long as short |
| Entropy io:DRAM | +0.0058% | 1h | 62.193 | −0.031% | $253K | $430K | 25x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.193 | −0.031% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.220 | +0.013% | $3.0M | $404K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.250 | +0.061% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.270 | +0.093% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.251 | +0.063% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.130 | −0.132% | $534K | $93K | 20x | as long as short |
| Lighter DRAM | +0.0160% | 1h | 62.211 | −0.002% | $967K | $1.0M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0179% | 8h | 62.224 | +0.019% | — | — | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0228% | 8h | 62.240 | +0.045% | $5.5M | $4.5M | 50x | as long as short |
| tradeXYZ xyz:DRAM | +0.0233% | 1h | 62.215 | +0.005% | $81.9M | $36.7M | 20x | as long as short |
| Bitget DRAMUSDT | +0.0275% | 8h | 62.230 | +0.029% | $26.0M | $12.9M | 20x | as long as short |
| Bybit DRAMUSDT | +0.0344% | 8h | 62.270 | +0.093% | $9.6M | $10.1M | 100x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0393% | 1h | 62.220 | +0.013% | $13K | $3K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0412% | 8h | 62.270 | +0.093% | $37K | $154K | 10x | as long as short |
| Aster DRAMUSDT | +0.0467% | 8h | 62.259 | +0.076% | $200K | $36K | 20x | as long as short |
| Variational Omni DRAM | +0.0556% | 8h | 62.285 | +0.117% | $2.4M | $756K | — | as long as short |
| Gate DRAM_USDT | +0.0566% | 8h | 62.270 | +0.093% | $8.2M | $3.5M | 75x | as long as short |
| Extended DRAM-USDshort | +0.0592% | 1h | 62.214 | +0.002% | $75K | $669K | 10x | |
| Binance DRAMUSDT | +0.0592% | 8h | 62.230 | +0.029% | $44.7M | $81.8M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0593% | 8h | 62.230 | +0.029% | $9.7M | $5.9M | 100x | as long as short |
| RISEx DRAM/USDC | +0.0835% | 1h | 62.230 | +0.029% | $448K | $504K | 20x | as long as short |
Polymarket Perps DRAM-USD
Extended DRAM-USD
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
SoDEX DRAM-USD
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Coinbase International DRAM-PERP-INTX
Lighter DRAM
Paradex DRAM-USD-PERP
OKX DRAM-USDT-SWAP
tradeXYZ xyz:DRAM
Bitget DRAMUSDT
Bybit DRAMUSDT
Deribit DRAM_USDC-PERPETUAL
GRVT DRAM_USDT_Perp
Aster DRAMUSDT
Variational Omni DRAM
Gate DRAM_USDT
Binance DRAMUSDT
MEXC DRAM_USDT
RISEx DRAM/USDC