Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0785%/8h= +86.0% APRnext payment +$0.98 per $10,000 · paid last 24h +0.062%
Price spread now: RISEx against Polymarket Perps+0.032%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$210.207% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.071%+$7 on $10k
Price spread, last 4 days (all we have)−0.228%−$23 · spread now +0.032%, 7d avg +0.043%
Together, before fees−0.157%−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: +$24 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.071% in total (about 7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.98 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps DRAM-USD62.1920.0050pay 0.0006% / 1h40m 53s$266K$1.3M10x
ShortRISEx DRAM/USDC62.2120.0835get 0.0104% / 1h40m 53s$449K$503K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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

Funding earned
$164.84
Price spread: +0.032% → +0.043%
−$1.05
Slippage, 4 orders
−$6.74
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$143.04
Costs to cover
0.207%
Break-even
0.9 days
Slippage from Polymarket Perps: live order book, 2 min ago; RISEx: live order book, 28 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 2 min ago2.01 bp6.0 bp −$66.9 bp −$698.7 bp −$871doesn't fit
Sell RISEx live order book, 28 min ago1.36 bp4.4 bp −$45.7 bp −$57doesn't fitdoesn't fit

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX DRAM-USDT0.0000%8h62.210+0.029%$875$2.9M10xas long as short
HTX DRAM-USDT0.0000%8h62.200+0.013%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.210+0.029%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0009%4h62.195+0.004%$151K$295K20xas long as short
Aftermath Perps DRAMUSD+0.0034%1h62.1920.000%$1K$34K5xas long as short
Arcus DRAM-USD+0.0040%1h62.200+0.013%$50K$82K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.140−0.084%10xas long as short
QFEX DRAM-USD+0.0046%1h62.200+0.013%$1.0M$78K10xas long as short
Entropy io:DRAM+0.0050%1h62.182−0.016%$253K$444K25xas long as short
Polymarket Perps DRAM-USDlong+0.0050%1h62.192long leg$266K$1.3M10x
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX DRAM-USD+0.0050%1h62.181−0.018%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.160−0.051%$1.1M$1.8M10xas long as short
Pacifica DRAM+0.0100%1h62.153−0.063%$76K$42K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.150−0.068%$3.0M$407K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.210+0.029%$22K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.230+0.061%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.212+0.032%$4K10xas long as short
Lighter DRAM+0.0120%1h62.184−0.013%$966K$1.0M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0152%1h62.130−0.100%$534K$93K20xas long as short
Paradex DRAM-USD-PERP+0.0189%8h62.182−0.016%5xas long as short
OKX DRAM-USDT-SWAP+0.0227%8h62.220+0.045%$5.5M$4.7M50xas long as short
tradeXYZ xyz:DRAM+0.0230%1h62.179−0.021%$81.8M$37.5M20xas long as short
Bybit DRAMUSDT+0.0367%8h62.225+0.053%$9.6M$10.2M100xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0394%1h62.180−0.019%$13K$3K20xas long as short
Bitget DRAMUSDT+0.0418%8h62.210+0.029%$26.0M$12.8M20xas long as short
Aster DRAMUSDT+0.0478%8h62.199+0.012%$200K$36K20xas long as short
Variational Omni DRAM+0.0568%8h62.195+0.005%$2.4M$758Kas long as short
Binance DRAMUSDT+0.0605%8h62.176−0.025%$44.6M$82.2M50xas long as short
MEXC DRAM_USDT+0.0606%8h62.190−0.003%$9.7M$5.9M100xas long as short
Extended DRAM-USD+0.0608%1h62.190−0.003%$75K$663K10xas long as short
GRVT DRAM_USDT_Perp+0.0608%8h62.242+0.080%$37K$152K10xas long as short
Gate DRAM_USDT+0.0632%8h62.220+0.045%$8.2M$3.4M75xas long as short
RISEx DRAM/USDCshort+0.0835%1h62.212+0.032%$449K$503K20x
BloFin DRAM-USDT+0.0951%8h62.380+0.302%$301K$26K20xas long as short