Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h +0.006%

Price spread now: OKX against Polymarket Perps−0.025%7-day average +0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$320.316% of the position

Long on Polymarket Perps Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 7 days−0.040%−$4 · spread now −0.025%, 7d avg +0.081%

Together, before fees−0.023%−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.105% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of +0.081%). If the spread goes back, that is −$11 on $10k: about 21 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.017% in total) that is about 43 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DRAM-USD	60.825	0.0050	pay 0.0006% / 1h	1m 02s	$253K	$1.3M	10x
Short	OKX DRAM-USDT-SWAP	60.810	0.0067	get 0.0067% / 8h	7h 01m	$5.4M	$6.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.025%Rate

Funding earned: $3.58
Price spread: −0.025% → +0.081%: −$10.55
Slippage, 4 orders: −$13.62
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$38.58
Costs to cover: 0.316%
Break-even: 82.4 days

Slippage from Polymarket Perps: live order book, 2 min ago; OKX: 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, 2 min ago	1.23 bp	10.8 bp −$11	10.8 bp −$108	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	0.82 bp	7.0 bp −$7	13.4 bp −$134	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
Bitget DRAMUSDT	−0.0374%	8h	60.800	−0.041%	$26.5M	$15.2M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.663	−0.266%	$194K	$26K	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.771	−0.088%	$415K	$339K	20x	as long as short
Variational Omni DRAM	0.0000%	8h	60.785	−0.066%	$2.1M	$730K	—	as long as short
SunX DRAM-USDT	0.0000%	8h	60.850	+0.041%	$627	$2.5M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.800	−0.041%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.830	+0.008%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0016%	4h	60.820	−0.009%	$147K	$300K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0040%	1h	60.744	−0.133%	$1K	$28K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.810	−0.025%	$47K	$68K	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	60.760	−0.107%	—	—	10x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	60.825	long leg	$253K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	60.827	+0.003%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.790	−0.058%	$1.1M	$3.5M	10x	as long as short
QFEX DRAM-USD	+0.0053%	1h	60.830	+0.008%	$990K	$93K	10x	as long as short
MEXC DRAM_USDT	+0.0059%	8h	60.780	−0.074%	$8.7M	$5.6M	100x	as long as short
OKX DRAM-USDT-SWAPshort	+0.0067%	8h	60.810	−0.025%	$5.4M	$6.4M	50x
Binance DRAMUSDT	+0.0068%	8h	60.790	−0.058%	$44.0M	$92.2M	50x	as long as short
Extended DRAM-USD	+0.0072%	1h	60.773	−0.085%	$73K	$259K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	60.834	+0.015%	$73K	$30K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.730	−0.156%	$3.0M	$410K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.820	−0.008%	$21K	$183K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.830	+0.008%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.813	−0.021%	$4K	—	10x	as long as short
Entropy io:DRAM	+0.0130%	1h	60.770	−0.090%	$1.0M	$994K	25x	as long as short
Gate DRAM_USDT	+0.0159%	8h	60.840	+0.025%	$7.9M	$3.8M	75x	as long as short
Bybit DRAMUSDT	+0.0175%	8h	60.829	+0.007%	$9.6M	$10.6M	100x	as long as short
Paradex DRAM-USD-PERP	+0.0205%	8h	60.857	+0.052%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0212%	1h	60.773	−0.085%	$79.2M	$36.4M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0248%	1h	60.100	−1.192%	$527K	$87K	20x	as long as short
BloFin DRAM-USDT	+0.0252%	8h	60.860	+0.058%	$298K	$26K	20x	as long as short
Lighter DRAM	+0.0312%	1h	60.813	−0.020%	$1.1M	$1.3M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0408%	1h	60.820	−0.008%	$13K	$3K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0537%	8h	60.860	+0.057%	$36K	$213K	10x	as long as short