Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0035%/8h= +3.8% APRpaid last 24h +0.007%

Price spread now: edgeX against Polymarket Perps+0.177%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$280.276% of the position

Long on Polymarket Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.171%−$17 · spread now +0.177%, 7d avg +0.034%

Together, before fees−0.169%+ Points / potential airdropedgeX: Active · farm board−$17 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 edgeX is 0.143% dearer against Polymarket Perps than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DRAM-USD	61.108	0.0050	pay 0.0006% / 1h	41m 14s	$254K	$1.4M	10x
Short	edgeX DRAMUSDC	61.216	0.0085	get 0.0042% / 4h	1h 41m	$148K	$299K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.177%Rate

Funding earned: $7.32
Price spread: +0.177% → +0.034%: $14.3
Slippage, 4 orders: −$10.57
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$5.95
Costs to cover: 0.276%
Break-even: 12.7 days

Slippage from Polymarket Perps: live order book, 2 min ago; edgeX: live order book, 2 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, 2 min ago	0.90 bp	7.9 bp −$8	8.3 bp −$83	10.2 bp −$1,015	doesn't fit
Sell edgeX live order book, 2 min ago	2.45 bp	7.4 bp −$7	15.6 bp −$156	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
Bitget DRAMUSDT	−0.0495%	8h	61.140	+0.052%	$26.0M	$14.5M	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.158	+0.082%	$9.4M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.116	+0.013%	$423K	$368K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.180	+0.118%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.202	+0.153%	$36K	$200K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.120	+0.020%	$600	$2.6M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	61.110	+0.003%	$13K	$3K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.180	+0.118%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.120	+0.020%	$1.7M	$1.3M	10x	as long as short
Aster DRAMUSDT	+0.0014%	8h	61.144	+0.058%	$197K	$35K	20x	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	+0.0025%	8h	61.150	+0.069%	$5.4M	$5.9M	50x	as long as short
Aftermath Perps DRAMUSD	+0.0030%	1h	61.158	+0.081%	$1K	$31K	5x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.140	+0.052%	$996K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.150	+0.069%	$48K	$68K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.120	+0.020%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.137	+0.047%	$169K	$470K	25x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	61.108	long leg	$254K	$1.4M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.125	+0.028%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.090	−0.029%	$1.1M	$3.4M	10x	as long as short
Variational Omni DRAM	+0.0076%	8h	61.194	+0.141%	$2.3M	$682K	—	as long as short
edgeX DRAMUSDCshort	+0.0085%	4h	61.216	+0.177%	$148K	$299K	20x
tradeXYZ xyz:DRAM	+0.0094%	1h	61.101	−0.011%	$79.2M	$35.9M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.129	+0.035%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.120	+0.020%	$3.0M	$415K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.230	+0.200%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.140	+0.052%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0101%	8h	61.126	+0.029%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.122	+0.024%	$4K	—	10x	as long as short
BloFin DRAM-USDT	+0.0107%	8h	61.130	+0.036%	$300K	$26K	20x	as long as short
Extended DRAM-USD	+0.0112%	1h	61.107	−0.001%	$74K	$193K	10x	as long as short
Binance DRAMUSDT	+0.0116%	8h	61.121	+0.021%	$43.7M	$87.5M	50x	as long as short
MEXC DRAM_USDT	+0.0117%	8h	61.120	+0.020%	$8.0M	$5.6M	100x	as long as short
Lighter DRAM	+0.0128%	1h	61.144	+0.059%	$1.1M	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	+0.003%	$525K	$75K	20x	as long as short