Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h +0.052%
Price spread now: RISEx against Polymarket Perps−0.075%52s7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$210.212% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.080%+$8 on $10k
Price spread, last 4 days (all we have)+0.235%+$23 · spread now −0.075%, 7d avg +0.038%
Together, before fees+0.315%+$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and RISEx is 0.113% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.038%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.080%, so the current rate has only just turned against you. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps DRAM-USD61.6180.0050pay 0.0006% / 1h3m 43s$259K$1.3M10x
ShortRISEx DRAM/USDC61.5720get 0.0000% / 1h3m 43s$433K$501K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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

Funding earned
−$10.5
Price spread: −0.075% → +0.038%
−$11.28
Slippage, 4 orders
−$7.17
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$42.95
Costs to cover
0.212%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 5 min ago; RISEx: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 5 min ago0.08 bp8.7 bp −$99.3 bp −$9310.0 bp −$997doesn't fit
Sell RISEx live order book, 50 min ago0.64 bp3.6 bp −$45.3 bp −$53doesn't fitdoesn't fit

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx DRAM/USDCshort0.0000%1h61.572−0.075%$433K$501K20x
Bitget DRAMUSDT0.0000%8h61.600−0.029%$26.0M$13.8M20xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.580−0.062%$37K$189K10xas long as short
SunX DRAM-USDT0.0000%8h61.600−0.029%$779$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.590−0.045%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.660+0.068%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0015%4h61.519−0.160%$149K$298K20xas long as short
Aftermath Perps DRAMUSD+0.0025%1h61.595−0.038%$1K$31K5xas long as short
QFEX DRAM-USD+0.0036%1h61.610−0.013%$1.0M$84K10xas long as short
Arcus DRAM-USD+0.0040%1h61.570−0.078%$48K$77K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest DRAM-USD-PERP+0.0046%1h61.580−0.062%10xas long as short
Entropy io:DRAM+0.0050%1h61.581−0.060%$170K$465K25xas long as short
Polymarket Perps DRAM-USDlong+0.0050%1h61.618long leg$259K$1.3M10x
SoDEX DRAM-USD+0.0050%1h61.621+0.005%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.510−0.175%$1.1M$2.5M10xas long as short
OKX DRAM-USDT-SWAP+0.0053%8h61.600−0.029%$5.4M$4.6M50xas long as short
Bybit DRAMUSDT+0.0063%8h61.620+0.003%$9.5M$9.9M100xas long as short
Pacifica DRAM+0.0100%1h61.596−0.036%$74K$49K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.590−0.045%$3.0M$399K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.600−0.029%$21K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.650+0.052%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.643+0.040%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0104%1h61.510−0.175%$528K$74K20xas long as short
Paradex DRAM-USD-PERP+0.0111%8h61.587−0.051%5xas long as short
Aster DRAMUSDT+0.0126%8h61.603−0.024%$198K$35K20xas long as short
tradeXYZ xyz:DRAM+0.0143%1h61.574−0.071%$80.1M$35.6M20xas long as short
Variational Omni DRAM+0.0186%8h61.614−0.006%$2.4M$618Kas long as short
Lighter DRAM+0.0208%1h61.588−0.049%$1.1M$1.2M20xas long as short
BloFin DRAM-USDT+0.0214%8h61.650+0.052%$300K$26K20xas long as short
Binance DRAMUSDT+0.0239%8h61.594−0.039%$44.1M$82.4M50xas long as short
Extended DRAM-USD+0.0240%1h61.562−0.090%$75K$239K10xas long as short
MEXC DRAM_USDT+0.0241%8h61.580−0.062%$9.0M$5.7M100xas long as short
Gate DRAM_USDT+0.0321%8h61.650+0.052%$8.1M$3.6M75xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0399%1h61.630+0.019%$13K$3K20xas long as short