Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0002%/8h= +0.3% APRpaid last 24h +0.030%

Price spread now: OKX against Polymarket Perps−0.015%7-day average +0.078% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$310.305% of the position

Long on Polymarket Perps Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 7 days−0.016%−$2 · spread now −0.015%, 7d avg +0.078%

Together, before fees+0.004%$0 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.093% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.078%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DRAM-USD	61.619	0.0050	pay 0.0006% / 1h	45m 02s	$259K	$1.3M	10x
Short	OKX DRAM-USDT-SWAP	61.610	0.0052	get 0.0052% / 8h	2h 45m	$5.4M	$4.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.015%Rate

Funding earned: $0.5
Price spread: −0.015% → +0.078%: −$9.26
Slippage, 4 orders: −$12.5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$39.26
Costs to cover: 0.305%
Break-even: 551.8 days

Slippage from Polymarket Perps: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago	2.52 bp	6.5 bp −$7	7.0 bp −$70	8.0 bp −$797	doesn't fit
Sell OKX live order book, 3 min ago	0.81 bp	8.2 bp −$8	15.8 bp −$158	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	61.636	+0.028%	$434K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.600	−0.031%	$26.0M	$13.9M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.600	−0.031%	$36K	$191K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.610	−0.015%	$795	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.600	−0.031%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.600	−0.031%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0003%	4h	61.594	−0.041%	$149K	$299K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.626	+0.011%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.610	−0.015%	$48K	$76K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.600	−0.031%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0050%	1h	61.630	+0.018%	$1.0M	$84K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.600	−0.031%	$170K	$466K	25x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	61.619	long leg	$259K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.605	−0.023%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.590	−0.047%	$1.1M	$2.6M	10x	as long as short
OKX DRAM-USDT-SWAPshort	+0.0052%	8h	61.610	−0.015%	$5.4M	$4.7M	50x
Bybit DRAMUSDT	+0.0053%	8h	61.610	−0.015%	$9.5M	$10.0M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0075%	1h	61.620	+0.002%	$13K	$3K	20x	as long as short
Aster DRAMUSDT	+0.0097%	8h	61.587	−0.051%	$198K	$35K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.602	−0.027%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.600	−0.031%	$3.0M	$402K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.640	+0.034%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.630	+0.018%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.610	−0.015%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0109%	8h	61.629	+0.016%	—	—	5x	as long as short
Variational Omni DRAM	+0.0157%	8h	61.624	+0.008%	$2.4M	$618K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.510	−0.177%	$528K	$74K	20x	as long as short
Extended DRAM-USD	+0.0208%	1h	61.614	−0.009%	$74K	$238K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0208%	1h	61.565	−0.088%	$80.0M	$35.6M	20x	as long as short
MEXC DRAM_USDT	+0.0210%	8h	61.590	−0.047%	$9.0M	$5.5M	100x	as long as short
Binance DRAMUSDT	+0.0210%	8h	61.580	−0.063%	$44.2M	$83.4M	50x	as long as short
BloFin DRAM-USDT	+0.0214%	8h	61.630	+0.018%	$300K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0231%	8h	61.660	+0.067%	$8.1M	$3.6M	75x	as long as short
Lighter DRAM	+0.0232%	1h	61.613	−0.010%	$1.1M	$1.2M	20x	as long as short