Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps DRAM-USD62.2120.0050pay 0.0006% / 1h23m 06s$266K$1.3M10x
ShortExtended DRAM-USD62.2140.0592get 0.0074% / 1h23m 06s$75K$669K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 5 min ago2.17 bp6.5 bp −$66.5 bp −$658.8 bp −$883doesn't fit
Sell Extended live order book, 45 min ago0.40 bp3.2 bp −$36.4 bp −$64doesn't fitdoesn't fit

DRAM on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX DRAM-USDT0.0000%8h62.220+0.013%$791$2.9M10xas long as short
HTX DRAM-USDT0.0000%8h62.240+0.045%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.230+0.029%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0019%4h62.251+0.062%$151K$296K20xas long as short
Aftermath Perps DRAMUSD+0.0034%1h62.213+0.001%$1K$34K5xas long as short
Arcus DRAM-USD+0.0040%1h62.230+0.029%$51K$81K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.190−0.035%10xas long as short
QFEX DRAM-USD+0.0046%1h62.210−0.003%$1.0M$78K10xas long as short
Polymarket Perps DRAM-USDlong+0.0050%1h62.212long leg$266K$1.3M10x
SoDEX DRAM-USD+0.0050%1h62.227+0.024%$2K$15K20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps DRAM-USD.P+0.0050%1h62.170−0.068%$1.1M$1.9M10xas long as short
Entropy io:DRAM+0.0058%1h62.193−0.031%$253K$430K25xas long as short
Pacifica DRAM+0.0100%1h62.193−0.031%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.220+0.013%$3.0M$404K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.250+0.061%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.270+0.093%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.251+0.063%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0152%1h62.130−0.132%$534K$93K20xas long as short
Lighter DRAM+0.0160%1h62.211−0.002%$967K$1.0M20xas long as short
Paradex DRAM-USD-PERP+0.0179%8h62.224+0.019%5xas long as short
OKX DRAM-USDT-SWAP+0.0228%8h62.240+0.045%$5.5M$4.5M50xas long as short
tradeXYZ xyz:DRAM+0.0233%1h62.215+0.005%$81.9M$36.7M20xas long as short
Bitget DRAMUSDT+0.0275%8h62.230+0.029%$26.0M$12.9M20xas long as short
Bybit DRAMUSDT+0.0344%8h62.270+0.093%$9.6M$10.1M100xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0393%1h62.220+0.013%$13K$3K20xas long as short
GRVT DRAM_USDT_Perp+0.0412%8h62.270+0.093%$37K$154K10xas long as short
Aster DRAMUSDT+0.0467%8h62.259+0.076%$200K$36K20xas long as short
Variational Omni DRAM+0.0556%8h62.285+0.117%$2.4M$756Kas long as short
Gate DRAM_USDT+0.0566%8h62.270+0.093%$8.2M$3.5M75xas long as short
Extended DRAM-USDshort+0.0592%1h62.214+0.002%$75K$669K10x
Binance DRAMUSDT+0.0592%8h62.230+0.029%$44.7M$81.8M50xas long as short
MEXC DRAM_USDT+0.0593%8h62.230+0.029%$9.7M$5.9M100xas long as short
RISEx DRAM/USDC+0.0835%1h62.230+0.029%$448K$504K20xas long as short