Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0036%/8h= +4.0% APRpaid last 24h −0.035%

Price spread now: Polymarket Perps against Bybit−0.059%7-day average −0.093% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$290.295% of the position

Long on Bybit Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 7 days+0.083%+$8 · spread now −0.059%, 7d avg −0.093%

Together, before fees+0.090%+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.035% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.093%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DRAMUSDT	61.430	0.0014	pay 0.0014% / 8h	2h 03m	$9.4M	$10.2M	100x
Short	Polymarket Perps DRAM-USD	61.394	0.0050	get 0.0006% / 1h	3m 57s	$255K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Bybit. 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 BybitbpFee Polymarket PerpsbpOrdersPrice spread, now −0.059%Rate

Funding earned: $7.66
Price spread: −0.059% → −0.093%: $3.46
Slippage, 4 orders: −$10.47
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$18.35
Costs to cover: 0.295%
Break-even: 23.8 days

Slippage from Bybit: live order book, 4 min ago; Polymarket Perps: live order book, 4 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 Bybit live order book, 4 min ago	0.81 bp	8.5 bp −$8	13.6 bp −$136	119.9 bp −$12.0K	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	1.79 bp	5.8 bp −$6	6.5 bp −$65	7.8 bp −$784	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	−0.0471%	8h	61.420	−0.016%	$26.1M	$14.4M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.404	−0.043%	$425K	$506K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.460	+0.049%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.462	+0.052%	$36K	$196K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.420	−0.016%	$746	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.370	−0.098%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.400	−0.049%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDTlong	+0.0014%	8h	61.430	long leg	$9.4M	$10.2M	100x
Aftermath Perps DRAMUSD	+0.0028%	1h	61.358	−0.117%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.390	−0.065%	$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	61.430	0.000%	$5.5M	$5.7M	50x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.400	−0.049%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.400	−0.049%	$1.0M	$84K	10x	as long as short
Polymarket Perps DRAM-USDshort	+0.0050%	1h	61.394	−0.059%	$255K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.395	−0.057%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.380	−0.081%	$1.1M	$3.4M	10x	as long as short
Aster DRAMUSDT	+0.0060%	8h	61.434	+0.006%	$198K	$35K	20x	as long as short
edgeX DRAMUSDC	+0.0073%	4h	61.428	−0.003%	$149K	$298K	20x	as long as short
Entropy io:DRAM	+0.0077%	1h	61.366	−0.104%	$170K	$470K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	61.374	−0.091%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.390	−0.065%	$3.0M	$411K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.490	+0.098%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.410	−0.033%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.400	−0.048%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0106%	8h	61.444	+0.023%	$2.3M	$669K	—	as long as short
Paradex DRAM-USD-PERP	+0.0120%	8h	61.395	−0.057%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0147%	1h	61.396	−0.055%	$79.5M	$36.1M	20x	as long as short
Binance DRAMUSDT	+0.0165%	8h	61.400	−0.049%	$44.0M	$87.0M	50x	as long as short
MEXC DRAM_USDT	+0.0167%	8h	61.410	−0.033%	$8.1M	$5.7M	100x	as long as short
Extended DRAM-USD	+0.0168%	1h	61.395	−0.058%	$76K	$188K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.110	−0.521%	$525K	$75K	20x	as long as short
BloFin DRAM-USDT	+0.0191%	8h	61.470	+0.065%	$298K	$26K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0239%	1h	61.400	−0.049%	$13K	$3K	20x	as long as short
Lighter DRAM	+0.0240%	1h	61.411	−0.031%	$1.1M	$1.2M	20x	as long as short