Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Ondo Perps against Polymarket Perps−0.157%7-day average −0.039% · you buy dearer than you sell

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

Long on Polymarket Perps Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 7 days+0.080%+$8 · spread now −0.157%, 7d avg −0.039%

Together, before fees+0.093%+ Points / potential airdropOndo Perps: Active · farm board+$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.118% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DRAM-USD	61.296	0.0050	pay 0.0006% / 1h	12m 07s	$255K	$1.3M	10x
Short	Ondo Perps DRAM-USD.P	61.200	0.0050	get 0.0006% / 1h	12m 07s	$1.1M	$3.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.157%Rate

Funding earned: $0.08
Price spread: −0.157% → −0.039%: −$11.77
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$24.68
Costs to cover: 0.130%
Break-even: 2063.8 days

Slippage unknown: Polymarket Perps: live order book, 1 min ago; Ondo Perps: 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, 1 min ago	0.25 bp	7.8 bp −$8	7.9 bp −$79	9.5 bp −$951	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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	−0.0526%	8h	61.390	+0.153%	$26.0M	$14.2M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.301	+0.008%	$425K	$507K	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.142	−0.251%	$36K	$196K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.340	+0.072%	$810	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.300	+0.007%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.390	+0.153%	$1.7M	$1.3M	10x	as long as short
Gate DRAM_USDT	+0.0008%	8h	61.400	+0.170%	$8.0M	$3.7M	75x	as long as short
Bybit DRAMUSDT	+0.0012%	8h	61.429	+0.217%	$9.4M	$10.2M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0027%	1h	61.197	−0.162%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.200	−0.157%	$48K	$69K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0045%	8h	61.410	+0.186%	$5.5M	$5.6M	50x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.280	−0.026%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.310	+0.023%	$998K	$84K	10x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	61.296	long leg	$255K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.313	+0.028%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.Pshort	+0.0050%	1h	61.200	−0.157%	$1.1M	$3.3M	10x
Aster DRAMUSDT	+0.0064%	8h	61.345	+0.080%	$197K	$35K	20x	as long as short
Entropy io:DRAM	+0.0084%	1h	61.174	−0.199%	$169K	$470K	25x	as long as short
edgeX DRAMUSDC	+0.0096%	4h	61.124	−0.281%	$148K	$299K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.237	−0.096%	$73K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.290	−0.010%	$3.0M	$409K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.120	−0.287%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.310	+0.023%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.306	+0.017%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0106%	8h	61.115	−0.295%	$2.3M	$670K	—	as long as short
Paradex DRAM-USD-PERP	+0.0119%	8h	61.312	+0.026%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0145%	1h	61.360	+0.104%	$79.4M	$36.1M	20x	as long as short
BloFin DRAM-USDT	+0.0154%	8h	61.250	−0.075%	$300K	$26K	20x	as long as short
Extended DRAM-USD	+0.0168%	1h	61.373	+0.125%	$76K	$188K	10x	as long as short
MEXC DRAM_USDT	+0.0168%	8h	61.360	+0.104%	$8.1M	$5.7M	100x	as long as short
Binance DRAMUSDT	+0.0171%	8h	61.374	+0.127%	$43.9M	$86.6M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.110	−0.303%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0240%	1h	61.397	+0.165%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0403%	1h	61.340	+0.072%	$13K	$3K	20x	as long as short