Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0139%/8h= +15.2% APRpaid last 24h +0.056%

Price spread now: MEXC against Polymarket Perps+0.034%7-day average +0.074% · you sell dearer than you buy

Net, funding: paid 7d − costs−$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$170.166% of the position

Long on Polymarket Perps Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.072%+$7 on $10k

Price spread, last 7 days−0.041%−$4 · spread now +0.034%, 7d avg +0.074%

Together, before fees+0.031%+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.040% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.034% now, against its 7-day average of +0.074%). If the spread goes back, that is −$4 on $10k: about 23 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.072% in total) that is about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DRAM-USD	61.239	0.0050	pay 0.0006% / 1h	35m 26s	$257K	$1.3M	10x
Short	MEXC DRAM_USDT	61.260	0.0189	get 0.0189% / 8h	2h 35m	$8.5M	$5.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.034%Rate

Funding earned: $29.19
Price spread: +0.034% → +0.074%: −$4
Slippage, 4 orders: −$8.57
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: $8.61
Costs to cover: 0.166%
Break-even: 4.9 days

Slippage from Polymarket Perps: live order book, 3 min ago; MEXC: live order book, 2 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, 3 min ago	1.96 bp	6.3 bp −$6	6.4 bp −$64	8.5 bp −$851	doesn't fit
Sell MEXC live order book, 2 min ago	0.81 bp	0.8 bp −$1	1.2 bp −$12	6.8 bp −$682	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
Bitget DRAMUSDT	−0.0193%	8h	61.280	+0.067%	$25.9M	$13.9M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.252	+0.021%	$424K	$507K	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.303	+0.105%	$36K	$191K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.240	+0.002%	$882	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.190	−0.080%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.270	+0.051%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.280	+0.066%	$1K	$31K	5x	as long as short
Bybit DRAMUSDT	+0.0033%	8h	61.287	+0.078%	$9.4M	$10.1M	100x	as long as short
OKX DRAM-USDT-SWAP	+0.0040%	8h	61.300	+0.100%	$5.4M	$5.1M	50x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.240	+0.002%	$48K	$75K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.230	−0.015%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.240	+0.002%	$997K	$84K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.251	+0.020%	$169K	$467K	25x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	61.239	long leg	$257K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.221	−0.029%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.230	−0.015%	$1.1M	$2.8M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0077%	1h	61.200	−0.064%	$13K	$3K	20x	as long as short
Aster DRAMUSDT	+0.0077%	8h	61.288	+0.081%	$197K	$35K	20x	as long as short
edgeX DRAMUSDC	+0.0079%	4h	61.275	+0.058%	$149K	$298K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.255	+0.025%	$73K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.240	+0.002%	$3.0M	$403K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.290	+0.083%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.210	−0.047%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0104%	8h	61.250	+0.018%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.213	−0.043%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0133%	8h	61.216	−0.038%	$2.3M	$676K	—	as long as short
Gate DRAM_USDT	+0.0153%	8h	61.330	+0.149%	$8.0M	$3.6M	75x	as long as short
tradeXYZ xyz:DRAM	+0.0157%	1h	61.247	+0.013%	$79.4M	$35.6M	20x	as long as short
BloFin DRAM-USDT	+0.0159%	8h	61.340	+0.165%	$301K	$26K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.150	−0.145%	$525K	$74K	20x	as long as short
Binance DRAMUSDT	+0.0187%	8h	61.288	+0.080%	$43.9M	$84.4M	50x	as long as short
MEXC DRAM_USDTshort	+0.0189%	8h	61.260	+0.034%	$8.5M	$5.6M	100x
Lighter DRAM	+0.0192%	1h	61.272	+0.054%	$1.1M	$1.2M	20x	as long as short
Extended DRAM-USD	+0.0192%	1h	61.264	+0.041%	$76K	$191K	10x	as long as short