Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: KuCoin against Polymarket Perps+0.002%7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$920.918% of the position

Long on Polymarket Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.082%+$8 on $10k

Price spread, last 7 days−0.040%−$4 · spread now +0.002%, 7d avg +0.035%

Together, before fees+0.042%+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.033% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.002% now, against its 7-day average of +0.035%). If the spread goes back, that is −$3 on $10k: about 2.2 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DRAM-USD	61.819	0.0050	pay 0.0006% / 1h	24m 00s	$259K	$1.3M	10x
Short	KuCoin DRAMUSDTM	61.820	0.0100	get 0.0100% / 8h	3h 24m	$3.0M	$397K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.002%Rate

Funding earned: $10.5
Price spread: +0.002% → +0.035%: −$3.31
Slippage, 4 orders: −$71.8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$84.61
Costs to cover: 0.918%
Break-even: 63.4 days

Slippage from Polymarket Perps: live order book, 4 min ago; KuCoin: live order book, 3 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, 4 min ago	1.94 bp	7.2 bp −$7	7.3 bp −$73	8.9 bp −$890	doesn't fit
Sell KuCoin live order book, 3 min ago	0.81 bp	42.6 bp −$43	doesn't fit	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
RISEx DRAM/USDC	0.0000%	1h	61.880	+0.099%	$435K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.860	+0.066%	$26.0M	$13.6M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.959	+0.227%	$36K	$186K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.840	+0.034%	$747	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.830	+0.018%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.830	+0.018%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0023%	1h	61.872	+0.085%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.870	+0.082%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.880	+0.099%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.840	+0.034%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAM	+0.0050%	1h	61.869	+0.081%	$172K	$460K	25x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	61.819	long leg	$259K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.833	+0.023%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.800	−0.031%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0063%	8h	61.860	+0.066%	$5.4M	$4.6M	50x	as long as short
edgeX DRAMUSDC	+0.0080%	4h	61.939	+0.194%	$150K	$297K	20x	as long as short
Bybit DRAMUSDT	+0.0086%	8h	61.858	+0.063%	$9.6M	$9.8M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.875	+0.091%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTMshort	+0.0100%	8h	61.820	+0.002%	$3.0M	$397K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	61.920	+0.163%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.850	+0.050%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.838	+0.031%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.471%	$533K	$75K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0112%	8h	61.874	+0.089%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0135%	1h	61.822	+0.005%	$80.5M	$35.5M	20x	as long as short
Aster DRAMUSDT	+0.0157%	8h	61.847	+0.046%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0184%	1h	61.848	+0.047%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0217%	8h	61.874	+0.088%	$2.4M	$739K	—	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0235%	1h	61.830	+0.018%	$13K	$3K	20x	as long as short
BloFin DRAM-USDT	+0.0255%	8h	61.920	+0.163%	$299K	$26K	20x	as long as short
Extended DRAM-USD	+0.0272%	1h	61.822	+0.004%	$76K	$441K	10x	as long as short
Binance DRAMUSDT	+0.0273%	8h	61.843	+0.039%	$44.4M	$81.2M	50x	as long as short
MEXC DRAM_USDT	+0.0275%	8h	61.820	+0.002%	$8.2M	$5.6M	100x	as long as short
Gate DRAM_USDT	+0.0444%	8h	61.870	+0.082%	$8.1M	$3.5M	75x	as long as short