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+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.014%
Price spread now: ApeX Omni against Polymarket Perps+0.013%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$990.992% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.098%+$10 on $10k
Price spread, last 4 days (all we have)−0.085%−$9 · spread now +0.013%, 7d avg +0.055%
Together, before fees+0.013%+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.042% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.055%). If the spread goes back, that is −$4 on $10k: about 2.8 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps DRAM-USD62.1620.0050pay 0.0006% / 1h14m 54s$266K$1.3M10x
ShortApeX Omni DRAMUSDT62.1700.0100get 0.0013% / 1h14m 54s$22K$184K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
$10.5
Price spread: +0.013% → +0.055%
−$4.21
Slippage, 4 orders
−$81.24
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$92.94
Costs to cover
0.992%
Break-even
69.0 days
Slippage from Polymarket Perps: live order book, 3 min ago; ApeX Omni: live order book, 51 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, 3 min ago2.74 bp6.7 bp −$76.7 bp −$678.0 bp −$797doesn't fit
Sell ApeX Omni live order book, 51 min ago30.40 bp41.3 bp −$41215.8 bp −$2,158doesn't fitdoesn't fit

DRAM on 33 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%8h62.190+0.045%$500$2.9M10xas long as short
HTX DRAM-USDT0.0000%8h62.130−0.051%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.160−0.003%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0033%1h62.154−0.012%$1K$34K5xas long as short
Arcus DRAM-USD+0.0040%1h62.150−0.019%$51K$81K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.130−0.051%10xas long as short
QFEX DRAM-USD+0.0046%1h62.160−0.003%$1.0M$78K10xas long as short
Polymarket Perps DRAM-USDlong+0.0050%1h62.162long leg$266K$1.3M10x
SoDEX DRAM-USD+0.0050%1h62.146−0.026%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.120−0.068%$1.1M$1.9M10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:DRAM+0.0055%1h62.130−0.051%$252K$430K25xas long as short
edgeX DRAMUSDC+0.0079%4h62.126−0.057%$150K$297K20xas long as short
Pacifica DRAM+0.0100%1h62.146−0.026%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.160−0.003%$3.0M$404K20xas long as short
ApeX Omni DRAMUSDTshort+0.0100%1h62.170+0.013%$22K$184K50x
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.200+0.061%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.190+0.046%$4K10xas long as short
Lighter DRAM+0.0144%1h62.144−0.029%$966K$1.0M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0152%1h62.130−0.051%$534K$93K20xas long as short
Paradex DRAM-USD-PERP+0.0164%8h62.186+0.038%5xas long as short
tradeXYZ xyz:DRAM+0.0212%1h62.135−0.043%$81.8M$36.8M20xas long as short
Bitget DRAMUSDT+0.0215%8h62.170+0.013%$26.0M$13.0M20xas long as short
OKX DRAM-USDT-SWAP+0.0220%8h62.170+0.013%$5.5M$4.5M50xas long as short
Bybit DRAMUSDT+0.0297%8h62.217+0.088%$9.6M$10.1M100xas long as short
GRVT DRAM_USDT_Perp+0.0345%8h62.153−0.015%$36K$153K10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0394%1h62.160−0.003%$13K$3K20xas long as short
Aster DRAMUSDT+0.0453%8h62.187+0.040%$200K$36K20xas long as short
Gate DRAM_USDT+0.0528%8h62.210+0.077%$8.2M$3.5M75xas long as short
Variational Omni DRAM+0.0540%8h62.173+0.018%$2.4M$709Kas long as short
MEXC DRAM_USDT+0.0580%8h62.170+0.013%$9.6M$5.9M100xas long as short
Binance DRAMUSDT+0.0580%8h62.180+0.029%$44.6M$82.0M50xas long as short
Extended DRAM-USD+0.0584%1h62.164+0.003%$75K$669K10xas long as short
RISEx DRAM/USDC+0.0835%1h62.172+0.016%$447K$504K20xas long as short