Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: HTX against Polymarket Perps+0.166%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. HTX is 0.166% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.166% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DRAM-USD	60.080	0.0050	pay 0.0006% / 1h	26m 09s	$250K	$1.3M	10x
Short	HTX DRAM-USDT	60.180	0	get 0.0000% / 8h	7h 26m	$27K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.166%Rate

Funding earned: −$10.5
Price spread: +0.166% → 0.000%: $16.64
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$13.86
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 3 min ago; HTX: no order-book sample. Net counts fees only.

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	1016.95 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0584%	8h	60.100	+0.033%	$26.3M	$15.2M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.135	+0.091%	$192K	$39K	20x	as long as short
Extended DRAM-USD	0.0000%	1h	60.105	+0.042%	$75K	$216K	10x	as long as short
Binance DRAMUSDT	0.0000%	8h	60.120	+0.067%	$43.4M	$91.2M	50x	as long as short
Bybit DRAMUSDT	0.0000%	8h	60.160	+0.133%	$9.5M	$10.5M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.126	+0.077%	$415K	$336K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	60.140	+0.100%	$7.8M	$3.7M	75x	as long as short
MEXC DRAM_USDT	0.0000%	8h	60.100	+0.033%	$8.3M	$5.4M	100x	as long as short
Variational Omni DRAM	0.0000%	8h	60.175	+0.158%	$2.2M	$647K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.180	+0.166%	$36K	$210K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX DRAM-USDT	0.0000%	8h	60.140	+0.100%	$832	$2.5M	10x	as long as short
HTX DRAM-USDTshort	0.0000%	8h	60.180	+0.166%	$27K	$3K	20x
Phemex DRAMUSDT	0.0000%	8h	60.110	+0.050%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0007%	8h	60.130	+0.083%	$5.3M	$6.1M	50x	as long as short
BloFin DRAM-USDT	+0.0015%	8h	60.090	+0.017%	$299K	$25K	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.120	+0.067%	$47K	$67K	10x	as long as short
Aftermath Perps DRAMUSD	+0.0041%	1h	60.129	+0.082%	$1K	$29K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.220	+0.233%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.263	+0.305%	$167K	$491K	25x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	60.080	long leg	$250K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	60.095	+0.025%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.070	−0.017%	$1.1M	$3.5M	10x	as long as short
QFEX DRAM-USD	+0.0053%	1h	60.210	+0.216%	$982K	$86K	10x	as long as short
edgeX DRAMUSDC	+0.0091%	4h	60.147	+0.111%	$146K	$300K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	60.160	+0.133%	$72K	$30K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.110	+0.050%	$2.9M	$400K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.110	+0.050%	$21K	$183K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.130	+0.083%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.112	+0.053%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0105%	8h	60.141	+0.101%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0164%	1h	60.079	−0.002%	$78.1M	$35.7M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0248%	1h	60.100	+0.033%	$527K	$87K	20x	as long as short
Lighter DRAM	+0.0280%	1h	60.109	+0.048%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0416%	1h	60.100	+0.033%	$12K	$3K	20x	as long as short