Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: KuCoin against Polymarket Perps+0.013%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$800.796% of the position

Long on Polymarket Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.083%+$8 on $10k

Price spread, last 7 days−0.101%−$10 · spread now +0.013%, 7d avg +0.036%

Together, before fees−0.018%−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.023% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.036%). If the spread goes back, that is −$2 on $10k: about 37 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DRAM-USD	61.202	0.0050	pay 0.0006% / 1h	54m 55s	$255K	$1.3M	10x
Short	KuCoin DRAMUSDTM	61.210	0.0100	get 0.0100% / 8h	4h 54m	$3.0M	$410K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.013%Rate

Funding earned: $10.5
Price spread: +0.013% → +0.036%: −$2.29
Slippage, 4 orders: −$59.63
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$71.42
Costs to cover: 0.796%
Break-even: 54.6 days

Slippage from Polymarket Perps: live order book, 2 min ago; KuCoin: 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 Polymarket Perps live order book, 2 min ago	2.94 bp	6.9 bp −$7	7.6 bp −$76	9.1 bp −$913	doesn't fit
Sell KuCoin live order book, 5 min ago	0.82 bp	27.2 bp −$27	doesn't fit	doesn't fit	doesn't fit

DRAM on 34 exchanges

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
Bybit DRAMUSDT	0.0000%	8h	61.253	+0.083%	$9.5M	$11.2M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.231	+0.047%	$460K	$367K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.240	+0.062%	$26.7M	$17.0M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.220	+0.029%	$909	$2.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.180	−0.036%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.230	+0.046%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0004%	4h	61.242	+0.066%	$149K	$298K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.211	+0.014%	$1K	$26K	5x	as long as short
QFEX DRAM-USD	+0.0032%	1h	61.240	+0.062%	$1.0M	$98K	10x	as long as short
Lighter DRAM	+0.0032%	1h	61.212	+0.016%	$1.1M	$1.4M	20x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus DRAM-USD	+0.0040%	1h	61.190	−0.020%	$59K	$80K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.220	+0.029%	—	—	10x	as long as short
Gate DRAM_USDT	+0.0047%	8h	61.240	+0.062%	$8.0M	$3.4M	75x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.255	+0.087%	$302K	$1.7M	25x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	61.202	long leg	$255K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.211	+0.015%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.180	−0.036%	$1.1M	$3.7M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0077%	1h	61.200	−0.003%	$12K	$3K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.227	+0.040%	$75K	$31K	10x	as long as short
KuCoin DRAMUSDTMshort	+0.0100%	8h	61.210	+0.013%	$3.0M	$410K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	61.220	+0.029%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.230	+0.046%	$8K	—	10x	as long as short
tradeXYZ xyz:DRAM	+0.0102%	1h	61.207	+0.008%	$79.4M	$38.4M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.232	+0.050%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0106%	8h	61.205	+0.005%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0169%	8h	61.250	+0.078%	$5.5M	$6.4M	50x	as long as short
Aster DRAMUSDT	+0.0183%	8h	61.236	+0.056%	$196K	$28K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0216%	1h	61.140	−0.101%	$536K	$91K	20x	as long as short
Variational Omni DRAM	+0.0220%	8h	61.199	−0.005%	$2.2M	$692K	—	as long as short
Binance DRAMUSDT	+0.0277%	8h	61.240	+0.062%	$44.3M	$98.2M	50x	as long as short
MEXC DRAM_USDT	+0.0278%	8h	61.230	+0.046%	$9.7M	$5.5M	100x	as long as short
Extended DRAM-USD	+0.0280%	1h	61.215	+0.021%	$98K	$293K	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0309%	8h	61.260	+0.095%	$36K	$230K	10x	as long as short
BloFin DRAM-USDT	+0.0679%	8h	61.250	+0.078%	$307K	$27K	20x	as long as short