DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h +0.002%

Price spread now: QFEX against Polymarket Perps+0.065%7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$280.285% of the position

Long on Polymarket Perps Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.025%−$3 on $10k

Price spread, last 7 days−0.103%−$10 · spread now +0.065%, 7d avg +0.035%

Together, before fees−0.128%−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.030% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of +0.035%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DRAM-USD	61.800	0.0050	pay 0.0006% / 1h	16m 08s	$259K	$1.3M	10x
Short	QFEX DRAM-USD	61.840	0.0036	get 0.0005% / 1h	16m 08s	$1.0M	$84K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.065%Rate

Funding earned: −$2.92
Price spread: +0.065% → +0.035%: $2.96
Slippage, 4 orders: −$10.48
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$28.45
Costs to cover: 0.285%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 2 min ago; QFEX: live order book, 4 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	1.05 bp	5.1 bp −$5	5.2 bp −$52	7.5 bp −$748	doesn't fit
Sell QFEX live order book, 4 min ago	2.43 bp	7.4 bp −$7	8.7 bp −$87	15.1 bp −$1,513	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	61.824	+0.038%	$435K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.840	+0.065%	$26.0M	$13.7M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.880	+0.129%	$36K	$187K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.830	+0.049%	$762	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.800	0.000%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.810	+0.016%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.800	0.000%	$1K	$31K	5x	as long as short
QFEX DRAM-USDshort	+0.0036%	1h	61.840	+0.065%	$1.0M	$84K	10x
Arcus DRAM-USD	+0.0040%	1h	61.770	−0.049%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.790	−0.016%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAM	+0.0050%	1h	61.767	−0.053%	$172K	$461K	25x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	61.800	long leg	$259K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.805	+0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.730	−0.113%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0056%	8h	61.820	+0.032%	$5.4M	$4.6M	50x	as long as short
edgeX DRAMUSDC	+0.0063%	4h	61.879	+0.128%	$150K	$298K	20x	as long as short
Bybit DRAMUSDT	+0.0072%	8h	61.820	+0.032%	$9.6M	$9.9M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.797	−0.005%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.770	−0.049%	$3.0M	$398K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.800	0.000%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.820	+0.032%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.806	+0.010%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	61.720	−0.129%	$530K	$74K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0109%	8h	61.828	+0.045%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0131%	1h	61.800	0.000%	$80.4M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0140%	8h	61.783	−0.027%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0200%	1h	61.819	+0.031%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0204%	8h	61.884	+0.136%	$2.4M	$739K	—	as long as short
BloFin DRAM-USDT	+0.0225%	8h	61.760	−0.065%	$300K	$26K	20x	as long as short
MEXC DRAM_USDT	+0.0255%	8h	61.790	−0.016%	$8.2M	$5.6M	100x	as long as short
Binance DRAMUSDT	+0.0255%	8h	61.800	0.000%	$44.3M	$81.7M	50x	as long as short
Extended DRAM-USD	+0.0256%	1h	61.803	+0.004%	$75K	$239K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.810	+0.016%	$13K	$3K	20x	as long as short
Gate DRAM_USDT	+0.0399%	8h	61.840	+0.065%	$8.1M	$3.6M	75x	as long as short