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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Polymarket Perps against ApeX Omni−0.069%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$940.943% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.098%−$10 on $10k
Price spread, last 4 days (all we have)+0.142%+$14 · spread now −0.069%, 7d avg −0.059%
Together, before fees+0.043%+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.059%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni DRAMUSDT60.8900.0100pay 0.0013% / 1h5m 16s$21K$183K50x
ShortPolymarket Perps DRAM-USD60.8480.0050get 0.0006% / 1h5m 16s$253K$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against ApeX Omni. 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: −0.069% → −0.059%
−$1.01
Slippage, 4 orders
−$76.25
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$105.77
Costs to cover
0.943%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 31 min ago; Polymarket Perps: live order book, 3 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 ApeX Omni live order book, 31 min ago27.89 bp40.7 bp −$41213.0 bp −$2,130doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 3 min ago2.63 bp6.6 bp −$76.6 bp −$668.7 bp −$869doesn'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
Bitget DRAMUSDT−0.0764%8h60.920+0.049%$26.6M$15.1M20xas long as short
Aster DRAMUSDT0.0000%8h60.876−0.022%$195K$38K20xas long as short
RISEx DRAM/USDC0.0000%1h60.856−0.056%$421K$339K20xas long as short
Gate DRAM_USDT0.0000%8h60.910+0.033%$8.0M$3.8M75xas long as short
Variational Omni DRAM0.0000%8h60.867−0.038%$2.3M$589Kas long as short
GRVT DRAM_USDT_Perp0.0000%8h60.888−0.003%$36K$209K10xas long as short
SunX DRAM-USDT0.0000%8h60.870−0.033%$796$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h60.840−0.082%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h60.860−0.049%$1.7M$1.3M10xas long as short
OKX DRAM-USDT-SWAP+0.0011%8h60.880−0.016%$5.4M$6.0M50xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DRAMUSDT+0.0013%8h60.870−0.033%$43.8M$89.0M50xas long as short
MEXC DRAM_USDT+0.0014%8h60.860−0.049%$8.4M$5.7M100xas long as short
Extended DRAM-USD+0.0016%1h60.855−0.057%$74K$198K10xas long as short
Bybit DRAMUSDT+0.0022%8h60.893+0.005%$9.6M$10.4M100xas long as short
Aftermath Perps DRAMUSD+0.0038%1h60.864−0.043%$1K$29K5xas long as short
Arcus DRAM-USD+0.0040%1h60.840−0.082%$47K$67K10xas long as short
QFEX DRAM-USD+0.0040%1h60.870−0.033%$991K$84K10xas long as short
BloFin DRAM-USDT+0.0043%8h60.8900.000%$298K$26K20xas long as short
edgeX DRAMUSDC+0.0045%4h60.863−0.044%$148K$299K20xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.840−0.082%10xas long as short
Entropy io:DRAM+0.0050%1h60.829−0.100%$179K$479K25xas long as short
Polymarket Perps DRAM-USDshort+0.0050%1h60.848−0.069%$253K$1.3M10x
SoDEX DRAM-USD+0.0050%1h60.861−0.048%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.820−0.115%$1.1M$3.5M10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0079%1h60.840−0.082%$13K$3K20xas long as short
Paradex DRAM-USD-PERP+0.0092%8h60.854−0.059%5xas long as short
Pacifica DRAM+0.0100%1h60.836−0.089%$73K$34K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h60.850−0.066%$3.0M$420K20xas long as short
ApeX Omni DRAMUSDTlong+0.0100%1h60.890long leg$21K$183K50x
Orderly PERP_DRAM_USDC_mythos+0.0100%8h60.870−0.033%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h60.859−0.050%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0176%1h60.940+0.082%$523K$75K20xas long as short
tradeXYZ xyz:DRAM+0.0181%1h60.845−0.074%$78.7M$35.7M20xas long as short
Lighter DRAM+0.0344%1h60.872−0.030%$1.1M$1.2M20xas long as short