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: Polymarket Perps against QFEX−0.050%7-day average −0.035% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

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

Long on QFEX Short on Polymarket Perps

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+0.088%+$9 · spread now −0.050%, 7d avg −0.035%

Together, before fees+0.113%+$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX DRAM-USD	61.770	0.0036	pay 0.0005% / 1h	16m 58s	$1.0M	$84K	10x
Short	Polymarket Perps DRAM-USD	61.739	0.0050	get 0.0006% / 1h	16m 58s	$259K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against QFEX. 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 QFEXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.050%Rate

Funding earned: $2.92
Price spread: −0.050% → −0.035%: −$1.51
Slippage, 4 orders: −$10.48
Fee QFEX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$27.06
Costs to cover: 0.285%
Break-even: 71.8 days

Slippage from QFEX: live order book, 3 min ago; Polymarket Perps: live order book, 1 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 QFEX live order book, 3 min ago	2.43 bp	7.4 bp −$7	7.4 bp −$74	14.2 bp −$1,424	doesn't fit
Sell Polymarket Perps live order book, 1 min ago	1.05 bp	8.6 bp −$9	8.6 bp −$86	9.7 bp −$974	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	61.770	0.000%	$435K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.870	+0.162%	$26.1M	$13.7M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.880	+0.178%	$36K	$187K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.780	+0.016%	$727	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.780	+0.016%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.820	+0.081%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0023%	1h	61.772	+0.004%	$1K	$31K	5x	as long as short
QFEX DRAM-USDlong	+0.0036%	1h	61.770	long leg	$1.0M	$84K	10x
Arcus DRAM-USD	+0.0040%	1h	61.760	−0.016%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.740	−0.049%	—	—	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	61.752	−0.029%	$172K	$461K	25x	as long as short
Polymarket Perps DRAM-USDshort	+0.0050%	1h	61.739	−0.050%	$259K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.749	−0.034%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.670	−0.162%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0056%	8h	61.830	+0.097%	$5.4M	$4.6M	50x	as long as short
edgeX DRAMUSDC	+0.0063%	4h	61.879	+0.177%	$150K	$298K	20x	as long as short
Bybit DRAMUSDT	+0.0072%	8h	61.841	+0.115%	$9.6M	$9.9M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.750	−0.033%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.760	−0.016%	$3.0M	$398K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.800	+0.049%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.760	−0.016%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.761	−0.014%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	61.720	−0.081%	$530K	$74K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0107%	8h	61.740	−0.049%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0131%	1h	61.766	−0.006%	$80.4M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0168%	8h	61.797	+0.044%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0200%	1h	61.815	+0.073%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0204%	8h	61.884	+0.185%	$2.4M	$739K	—	as long as short
BloFin DRAM-USDT	+0.0225%	8h	61.760	−0.016%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0255%	8h	61.829	+0.096%	$44.3M	$81.6M	50x	as long as short
Extended DRAM-USD	+0.0256%	1h	61.793	+0.038%	$75K	$239K	10x	as long as short
MEXC DRAM_USDT	+0.0259%	8h	61.820	+0.081%	$8.2M	$5.6M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.760	−0.016%	$13K	$3K	20x	as long as short
Gate DRAM_USDT	+0.0401%	8h	61.840	+0.113%	$8.1M	$3.6M	75x	as long as short