DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0124%/8h= +13.5% APRnext payment +$0.15 per $10,000 · paid last 24h +0.035%

Price spread now: tradeXYZ against Polymarket Perps−0.042%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$340.341% of the position

Long on Polymarket Perps Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.114%+$11 on $10k

Price spread, last 7 days−0.133%−$13 · spread now −0.042%, 7d avg +0.006%

Together, before fees−0.019%+ Points / potential airdroptradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.047% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.042% now, against its 7-day average of +0.006%). If the spread goes back, that is −$5 on $10k: about 31 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.114% in total) that is about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DRAM-USD	62.205	0.0050	pay 0.0006% / 1h	27m 46s	$266K	$1.3M	10x
Short	tradeXYZ xyz:DRAM	62.179	0.0174	get 0.0022% / 1h	27m 46s	$81.6M	$37.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.042%Rate

Funding earned: $25.95
Price spread: −0.042% → +0.006%: −$4.74
Slippage, 4 orders: −$8.12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$12.91
Costs to cover: 0.341%
Break-even: 10.5 days

Slippage from Polymarket Perps: live order book, 1 min ago; tradeXYZ: live order book, 11 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, 1 min ago	2.33 bp	7.9 bp −$8	8.2 bp −$82	9.7 bp −$967	doesn't fit
Sell tradeXYZ live order book, 11 min ago	0.08 bp	10.4 bp −$10	12.7 bp −$127	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
RISEx DRAM/USDC	0.0000%	1h	62.214	+0.014%	$441K	$506K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.210	+0.008%	$958	$2.8M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.210	+0.008%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.220	+0.024%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0030%	1h	62.203	−0.004%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.220	+0.024%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.190	−0.024%	—	—	10x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	62.205	long leg	$266K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	62.216	+0.018%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.130	−0.121%	$1.2M	$2.1M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0055%	1h	62.200	−0.008%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0063%	1h	62.184	−0.034%	$251K	$422K	25x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0072%	1h	62.200	−0.008%	$13K	$3K	20x	as long as short
edgeX DRAMUSDC	+0.0073%	4h	62.261	+0.090%	$151K	$298K	20x	as long as short
Bitget DRAMUSDT	+0.0078%	8h	62.220	+0.024%	$26.2M	$13.2M	20x	as long as short
Lighter DRAM	+0.0096%	1h	62.183	−0.035%	$966K	$1.0M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.210	+0.007%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.220	+0.024%	$3.0M	$401K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.210	+0.008%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.240	+0.056%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.239	+0.055%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0134%	8h	62.198	−0.011%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0166%	8h	62.270	+0.104%	$37K	$157K	10x	as long as short
tradeXYZ xyz:DRAMshort	+0.0174%	1h	62.179	−0.042%	$81.6M	$37.2M	20x
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.265%	$534K	$76K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0192%	8h	62.230	+0.040%	$5.5M	$4.4M	50x	as long as short
Bybit DRAMUSDT	+0.0268%	8h	62.250	+0.072%	$9.7M	$10.1M	100x	as long as short
Aster DRAMUSDT	+0.0394%	8h	62.236	+0.050%	$200K	$36K	20x	as long as short
Variational Omni DRAM	+0.0480%	8h	62.252	+0.076%	$2.4M	$715K	—	as long as short
Extended DRAM-USD	+0.0512%	1h	62.193	−0.019%	$75K	$669K	10x	as long as short
MEXC DRAM_USDT	+0.0515%	8h	62.210	+0.008%	$9.2M	$5.6M	100x	as long as short
Binance DRAMUSDT	+0.0515%	8h	62.220	+0.025%	$44.7M	$81.7M	50x	as long as short
Gate DRAM_USDT	+0.0540%	8h	62.260	+0.088%	$8.1M	$3.5M	75x	as long as short
BloFin DRAM-USDT	+0.0774%	8h	62.250	+0.072%	$301K	$26K	20x	as long as short