DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0318%/8h= +34.8% APRnext payment +$0.40 per $10,000 · paid last 24h +0.050%

Price spread now: Extended against Polymarket Perps+0.027%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$190.193% of the position

Long on Polymarket Perps Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.075%+$7 on $10k

Price spread, last 4 days (all we have)+0.147%+$15 · spread now +0.027%, 7d avg +0.004%

Together, before fees+0.222%+ Points / potential airdropExtended: Active · farm board+$22 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Extended is 0.023% dearer against Polymarket Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.004%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.075% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.40 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DRAM-USD	62.396	0.0050	pay 0.0006% / 1h	13m 58s	$267K	$1.3M	10x
Short	Extended DRAM-USD	62.413	0.0368	get 0.0046% / 1h	13m 58s	$76K	$622K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.027%Rate

Funding earned: $66.78
Price spread: +0.027% → +0.004%: $2.3
Slippage, 4 orders: −$6.32
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $49.76
Costs to cover: 0.193%
Break-even: 1.8 days

Slippage from Polymarket Perps: live order book, 4 min ago; Extended: live order book, 44 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	1.52 bp	7.2 bp −$7	7.4 bp −$74	9.7 bp −$971	doesn't fit
Sell Extended live order book, 44 min ago	0.48 bp	3.3 bp −$3	6.3 bp −$63	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
RISEx DRAM/USDC	0.0000%	1h	62.415	+0.031%	$442K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.430	+0.054%	$910	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.400	+0.006%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.440	+0.071%	$1.7M	$1.3M	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0010%	8h	62.460	+0.102%	$37K	$173K	10x	as long as short
Aftermath Perps DRAMUSD	+0.0020%	1h	62.395	−0.002%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.387	−0.014%	$1.0M	$1.1M	20x	as long as short
edgeX DRAMUSDC	+0.0035%	4h	62.426	+0.048%	$151K	$299K	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.400	+0.006%	$49K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.370	−0.042%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DRAM-USDlong	+0.0050%	1h	62.396	long leg	$267K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	62.397	+0.002%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.360	−0.058%	$1.1M	$2.3M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.400	+0.006%	$1.0M	$78K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0075%	1h	62.399	+0.005%	$81.7M	$35.4M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0080%	8h	62.385	−0.018%	—	—	5x	as long as short
Bitget DRAMUSDT	+0.0081%	8h	62.430	+0.054%	$26.2M	$13.4M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0099%	8h	62.440	+0.071%	$5.5M	$4.5M	50x	as long as short
Pacifica DRAM	+0.0100%	1h	62.369	−0.044%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.400	+0.006%	$3.0M	$394K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.450	+0.087%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.420	+0.038%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.412	+0.025%	$4K	—	10x	as long as short
Bybit DRAMUSDT	+0.0135%	8h	62.450	+0.087%	$9.7M	$9.7M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.106%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0152%	1h	62.397	+0.002%	$183K	$441K	25x	as long as short
Aster DRAMUSDT	+0.0251%	8h	62.417	+0.034%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0326%	8h	62.404	+0.013%	$2.4M	$747K	—	as long as short
Binance DRAMUSDT	+0.0367%	8h	62.430	+0.054%	$44.9M	$80.2M	50x	as long as short
Extended DRAM-USDshort	+0.0368%	1h	62.413	+0.027%	$76K	$622K	10x
MEXC DRAM_USDT	+0.0369%	8h	62.420	+0.038%	$8.9M	$5.5M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0391%	1h	62.400	+0.006%	$13K	$3K	20x	as long as short
BloFin DRAM-USDT	+0.0402%	8h	62.410	+0.022%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0632%	8h	62.450	+0.087%	$8.2M	$3.5M	75x	as long as short