Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.037%

Price spread now: Gate against Polymarket Perps+0.066%7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$480.479% of the position

Long on Polymarket Perps Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 3 days (all we have)−0.135%−$13 · spread now +0.066%, 7d avg +0.035%

Together, before fees−0.183%−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.032% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of +0.035%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 7 days (−0.048% in total) that is about 4.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DRAM-USD	61.719	0.0050	pay 0.0006% / 1h	37m 16s	$204K	$1.2M	10x
Short	Gate DRAM_USDT	61.760	0	get 0.0000% / 8h	1h 37m	$8.2M	$3.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.066%Rate

Funding earned: −$10.5
Price spread: +0.066% → +0.035%: $3.19
Slippage, 4 orders: −$24.9
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$55.21
Costs to cover: 0.479%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago	1.13 bp	7.8 bp −$8	7.9 bp −$79	8.7 bp −$869	doesn't fit
Sell Gate live order book, 1 min ago	1.62 bp	18.6 bp −$19	25.8 bp −$258	32.7 bp −$3,270	64.4 bp −$32.2K

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
Gate DRAM_USDTshort	0.0000%	8h	61.760	+0.066%	$8.2M	$3.5M	75x
SunX DRAM-USDT	0.0000%	8h	61.740	+0.034%	$762	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.720	+0.002%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.730	+0.018%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0022%	4h	61.745	+0.042%	$153K	$289K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0037%	1h	61.725	+0.010%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.620	−0.160%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.689	−0.049%	$254K	$503K	25x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	61.719	long leg	$204K	$1.2M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.728	+0.015%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.670	−0.079%	$1.2M	$1.7M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	61.680	−0.063%	$1.0M	$77K	10x	as long as short
Aster DRAMUSDT	+0.0099%	8h	61.740	+0.034%	$198K	$36K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.757	+0.062%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.730	+0.018%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.690	−0.047%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.750	+0.050%	$8K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0103%	8h	61.760	+0.066%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0104%	8h	61.740	+0.034%	$26.0M	$12.5M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.753	+0.055%	$4K	—	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0141%	8h	61.760	+0.066%	$36K	$185K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0167%	8h	61.737	+0.029%	—	—	5x	as long as short
Variational Omni DRAM	+0.0180%	8h	61.728	+0.014%	$2.4M	$949K	—	as long as short
Bybit DRAMUSDT	+0.0203%	8h	61.790	+0.115%	$9.3M	$10.3M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.225%	$510K	$44K	20x	as long as short
MEXC DRAM_USDT	+0.0230%	8h	61.740	+0.034%	$11.2M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0232%	8h	61.742	+0.037%	$43.8M	$82.6M	50x	as long as short
Extended DRAM-USD	+0.0232%	1h	61.726	+0.011%	$102K	$741K	10x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.749	+0.049%	$480K	$442K	20x	as long as short
Lighter DRAM	+0.0336%	1h	61.745	+0.042%	$992K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0340%	1h	61.727	+0.013%	$79.3M	$39.5M	20x	as long as short
BloFin DRAM-USDT	+0.0389%	8h	61.770	+0.083%	$295K	$27K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0561%	1h	61.720	+0.002%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.730	+0.018%	$50K	$92K	10x	as long as short