Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: SunX against Polymarket Perps−0.024%7-day average +0.039% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.107%−$11 on $10k

Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.024%, 7d avg +0.039%

Together, before fees−0.046%−$5 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 SunX is 0.063% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.039%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DRAM-USD	61.235	0.0050	pay 0.0006% / 1h	51m 53s	$254K	$1.3M	10x
Short	SunX DRAM-USDT	61.220	0	get 0.0000% / 8h	1h 51m	$1K	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.024%Rate

Funding earned: −$10.5
Price spread: −0.024% → +0.039%: −$6.31
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$32.81
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 1 min ago; SunX: live order book, 6 min ago. Net counts fees only.

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, 1 min ago	1.80 bp	7.1 bp −$7	7.2 bp −$72	9.2 bp −$924	doesn't fit
Sell SunX live order book, 6 min ago	46.47 bp	doesn't fit	doesn't fit	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
Bitget DRAMUSDT	−0.0445%	8h	61.260	+0.041%	$26.0M	$14.5M	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.264	+0.047%	$9.4M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.240	+0.009%	$424K	$419K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.280	+0.073%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.300	+0.106%	$36K	$199K	10x	as long as short
SunX DRAM-USDTshort	0.0000%	8h	61.220	−0.024%	$1K	$2.6M	10x
HTX DRAM-USDT	0.0000%	8h	61.200	−0.057%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.230	−0.008%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.272	+0.061%	$1K	$31K	5x	as long as short
edgeX DRAMUSDC	+0.0032%	4h	61.277	+0.068%	$149K	$297K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0034%	8h	61.260	+0.041%	$5.4M	$5.6M	50x	as long as short
Aster DRAMUSDT	+0.0035%	8h	61.248	+0.021%	$197K	$35K	20x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.260	+0.041%	$998K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.260	+0.041%	$48K	$69K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.250	+0.024%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.252	+0.028%	$169K	$468K	25x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	61.235	long leg	$254K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.220	−0.024%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.210	−0.041%	$1.1M	$3.4M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0077%	1h	61.220	−0.024%	$13K	$3K	20x	as long as short
Variational Omni DRAM	+0.0091%	8h	61.274	+0.064%	$2.3M	$682K	—	as long as short
tradeXYZ xyz:DRAM	+0.0094%	1h	61.211	−0.039%	$79.3M	$35.8M	20x	as long as short
Lighter DRAM	+0.0096%	1h	61.233	−0.003%	$1.1M	$1.1M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.260	+0.041%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.200	−0.057%	$3.0M	$414K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.330	+0.155%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.230	−0.008%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.219	−0.027%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0107%	8h	61.257	+0.035%	—	—	5x	as long as short
Binance DRAMUSDT	+0.0140%	8h	61.228	−0.012%	$43.8M	$87.2M	50x	as long as short
MEXC DRAM_USDT	+0.0141%	8h	61.220	−0.024%	$8.0M	$5.6M	100x	as long as short
Extended DRAM-USD	+0.0144%	1h	61.208	−0.044%	$74K	$190K	10x	as long as short
BloFin DRAM-USDT	+0.0146%	8h	61.290	+0.090%	$300K	$26K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	−0.204%	$525K	$75K	20x	as long as short