DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.04 per $10,000 · paid last 24h −0.007%

Price spread now: QFEX against Polymarket Perps−0.055%7-day average +0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$270.274% of the position

Long on Polymarket Perps Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.027%−$3 on $10k

Price spread, last 3 days (all we have)+0.039%+$4 · spread now −0.055%, 7d avg +0.041%

Together, before fees+0.012%+$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. QFEX is 0.096% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of +0.041%). If the spread goes back, that is −$10 on $10k: about 11 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DRAM-USD	61.934	0.0050	pay 0.0006% / 1h	46m 41s	$211K	$1.2M	10x
Short	QFEX DRAM-USD	61.900	0.0079	get 0.0010% / 1h	46m 41s	$1.0M	$80K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.055%Rate

Funding earned: $6.13
Price spread: −0.055% → +0.041%: −$9.62
Slippage, 4 orders: −$9.36
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$30.85
Costs to cover: 0.274%
Break-even: 42.2 days

Slippage from Polymarket Perps: live order book, 2 min ago; QFEX: 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, 2 min ago	2.26 bp	6.3 bp −$6	6.3 bp −$63	7.4 bp −$742	doesn't fit
Sell QFEX live order book, 3 min ago	2.42 bp	7.4 bp −$7	8.5 bp −$85	11.5 bp −$1,151	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
Gate DRAM_USDT	0.0000%	8h	62.000	+0.107%	$8.3M	$3.4M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.960	+0.042%	$656	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.910	−0.039%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.870	−0.103%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	61.920	−0.023%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.860	−0.119%	—	$797	10x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	61.934	long leg	$211K	$1.2M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.970	+0.058%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.900	−0.055%	$1.2M	$1.8M	10x	as long as short
edgeX DRAMUSDC	+0.0066%	4h	61.944	+0.015%	$153K	$290K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USDshort	+0.0079%	1h	61.900	−0.055%	$1.0M	$80K	10x
Pacifica DRAM	+0.0100%	1h	61.978	+0.071%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.900	−0.055%	$3.0M	$475K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.940	+0.010%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.950	+0.026%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.963	+0.047%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0136%	8h	61.980	+0.074%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0139%	8h	61.990	+0.090%	$26.0M	$12.7M	20x	as long as short
Aster DRAMUSDT	+0.0158%	8h	61.980	+0.074%	$199K	$36K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0167%	8h	61.942	+0.013%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0176%	8h	61.941	+0.011%	$36K	$178K	10x	as long as short
Lighter DRAM	+0.0192%	1h	61.978	+0.071%	$978K	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.572%	$510K	$43K	20x	as long as short
Variational Omni DRAM	+0.0237%	8h	61.947	+0.021%	$2.4M	$948K	—	as long as short
Entropy io:DRAM	+0.0247%	1h	61.896	−0.061%	$260K	$502K	25x	as long as short
Bybit DRAMUSDT	+0.0274%	8h	62.024	+0.145%	$9.3M	$10.4M	100x	as long as short
MEXC DRAM_USDT	+0.0286%	8h	61.980	+0.074%	$11.2M	$6.5M	100x	as long as short
Extended DRAM-USD	+0.0288%	1h	61.956	+0.036%	$77K	$766K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0293%	1h	61.971	+0.060%	$80.4M	$39.8M	20x	as long as short
Binance DRAMUSDT	+0.0294%	8h	61.988	+0.088%	$43.9M	$82.5M	50x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.957	+0.037%	$457K	$475K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0396%	1h	61.960	+0.042%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0543%	8h	61.950	+0.026%	$295K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.940	+0.010%	$50K	$89K	10x	as long as short