DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0102%/8h= −11.2% APRnext payment −$0.13 per $10,000 · paid last 24h −0.034%

Price spread now: Polymarket Perps against Coinbase International+0.114%47s7-day average +0.123% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$290.290% of the position

Long on Coinbase International Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.251%−$25 on $10k

Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.114%, 7d avg +0.123%

Together, before fees−0.359%−$36 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.123%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International DRAM-PERP-INTX	62.330	0.0152	pay 0.0019% / 1h	13m 26s	$535K	$75K	20x
Short	Polymarket Perps DRAM-USD	62.401	0.0050	get 0.0006% / 1h	13m 26s	$267K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Coinbase International. 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 Coinbase InternationalbpFee Polymarket PerpsbpOrdersPrice spread, now +0.114%Rate

Funding earned: −$21.42
Price spread: +0.114% → +0.123%: −$0.92
Slippage, 4 orders: −$10.99
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$51.33
Costs to cover: 0.290%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 45 min ago; Polymarket Perps: live order book, 5 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 Coinbase International live order book, 45 min ago	2.40 bp	8.1 bp −$8	10.8 bp −$108	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	1.52 bp	5.5 bp −$6	6.0 bp −$60	7.3 bp −$733	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	62.417	+0.140%	$442K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.430	+0.160%	$910	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.400	+0.112%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.440	+0.176%	$1.7M	$1.3M	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0003%	8h	62.405	+0.120%	$36K	$174K	10x	as long as short
Aftermath Perps DRAMUSD	+0.0020%	1h	62.402	+0.116%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.389	+0.095%	$1.0M	$1.1M	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.400	+0.112%	$49K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.370	+0.064%	—	—	10x	as long as short
Polymarket Perps DRAM-USDshort	+0.0050%	1h	62.401	+0.114%	$267K	$1.3M	10x

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	62.397	+0.107%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.360	+0.048%	$1.1M	$2.3M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.410	+0.128%	$1.0M	$78K	10x	as long as short
edgeX DRAMUSDC	+0.0066%	4h	62.390	+0.096%	$151K	$299K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0078%	1h	62.402	+0.116%	$81.8M	$35.5M	20x	as long as short
Bitget DRAMUSDT	+0.0078%	8h	62.430	+0.160%	$26.2M	$13.4M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0081%	8h	62.405	+0.121%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0099%	8h	62.440	+0.176%	$5.5M	$4.5M	50x	as long as short
Pacifica DRAM	+0.0100%	1h	62.428	+0.158%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.390	+0.096%	$3.0M	$394K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.440	+0.176%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.430	+0.160%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.412	+0.131%	$4K	—	10x	as long as short
Bybit DRAMUSDT	+0.0136%	8h	62.458	+0.205%	$9.7M	$9.7M	100x	as long as short
Coinbase International DRAM-PERP-INTXlong	+0.0152%	1h	62.330	long leg	$535K	$75K	20x
Entropy io:DRAM	+0.0154%	1h	62.401	+0.114%	$183K	$441K	25x	as long as short
Aster DRAMUSDT	+0.0251%	8h	62.425	+0.153%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0326%	8h	62.404	+0.119%	$2.4M	$747K	—	as long as short
Binance DRAMUSDT	+0.0366%	8h	62.437	+0.172%	$44.9M	$80.1M	50x	as long as short
MEXC DRAM_USDT	+0.0367%	8h	62.430	+0.160%	$8.9M	$5.5M	100x	as long as short
Extended DRAM-USD	+0.0368%	1h	62.403	+0.117%	$76K	$622K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0391%	1h	62.400	+0.112%	$13K	$3K	20x	as long as short
BloFin DRAM-USDT	+0.0402%	8h	62.410	+0.128%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0633%	8h	62.460	+0.209%	$8.2M	$3.5M	75x	as long as short