Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0024%/8h= +2.7% APRpaid last 24h +0.056%

Price spread now: Binance against Polymarket Perps−0.029%46s7-day average +0.082% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as 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−$260.260% of the position

Long on Polymarket Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.073%+$7 on $10k

Price spread, last 7 days+0.031%+$3 · spread now −0.029%, 7d avg +0.082%

Together, before fees+0.103%+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.112% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.082%). If the spread goes back, that is −$11 on $10k: about 15 days of funding at the current rate (+$1 a day). The two prices were read 46 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	Polymarket Perps DRAM-USD	61.118	0.0050	pay 0.0006% / 1h	19m 45s	$254K	$1.4M	10x
Short	Binance DRAMUSDT	61.100	0.0074	get 0.0074% / 8h	1h 19m	$43.7M	$87.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.029%Rate

Funding earned: $5.11
Price spread: −0.029% → +0.082%: −$11.19
Slippage, 4 orders: −$8.01
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$32.09
Costs to cover: 0.260%
Break-even: 51.0 days

Slippage from Polymarket Perps: live order book, 4 min ago; Binance: live order book, 8 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, 4 min ago	1.96 bp	7.4 bp −$7	7.5 bp −$75	9.0 bp −$903	doesn't fit
Sell Binance live order book, 8 min ago	0.82 bp	6.6 bp −$7	9.4 bp −$94	43.7 bp −$4,370	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	−0.0585%	8h	61.140	+0.036%	$26.1M	$14.7M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	61.119	+0.001%	$197K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.146	+0.046%	$9.4M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.125	+0.011%	$423K	$353K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.150	+0.052%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.171	+0.086%	$36K	$203K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.140	+0.036%	$780	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.130	+0.020%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.140	+0.036%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0001%	8h	61.130	+0.020%	$5.4M	$5.9M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin DRAM-USDT	+0.0008%	8h	61.190	+0.118%	$299K	$26K	20x	as long as short
edgeX DRAMUSDC	+0.0012%	4h	61.166	+0.079%	$148K	$298K	20x	as long as short
Variational Omni DRAM	+0.0023%	8h	61.144	+0.043%	$2.3M	$683K	—	as long as short
Aftermath Perps DRAMUSD	+0.0029%	1h	61.138	+0.033%	$1K	$30K	5x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.140	+0.036%	$996K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.120	+0.003%	$48K	$68K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.120	+0.003%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.084	−0.056%	$180K	$480K	25x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	61.118	long leg	$254K	$1.4M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.135	+0.028%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.040	−0.128%	$1.1M	$3.5M	10x	as long as short
Extended DRAM-USD	+0.0072%	1h	61.073	−0.074%	$74K	$189K	10x	as long as short
Binance DRAMUSDTshort	+0.0074%	8h	61.100	−0.029%	$43.7M	$87.8M	50x
MEXC DRAM_USDT	+0.0075%	8h	61.100	−0.029%	$8.0M	$5.7M	100x	as long as short
Paradex DRAM-USD-PERP	+0.0087%	8h	61.091	−0.045%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0097%	1h	61.095	−0.038%	$79.1M	$35.8M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.114	−0.007%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.090	−0.046%	$3.0M	$417K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.140	+0.036%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.130	+0.020%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.129	+0.018%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	−0.013%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0216%	1h	61.116	−0.003%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0405%	1h	61.130	+0.020%	$13K	$3K	20x	as long as short