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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni DRAMUSDT | 60.890 | 0.0100 | pay 0.0013% / 1h | 5m 16s | $21K | $183K | 50x |
| Short | Polymarket Perps DRAM-USD | 60.848 | 0.0050 | get 0.0006% / 1h | 5m 16s | $253K | $1.3M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 31 min ago | 27.89 bp | 40.7 bp −$41 | 213.0 bp −$2,130 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 2.63 bp | 6.6 bp −$7 | 6.6 bp −$66 | 8.7 bp −$869 | 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 | −0.0764% | 8h | 60.920 | +0.049% | $26.6M | $15.1M | 20x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.876 | −0.022% | $195K | $38K | 20x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.856 | −0.056% | $421K | $339K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 60.910 | +0.033% | $8.0M | $3.8M | 75x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.867 | −0.038% | $2.3M | $589K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.888 | −0.003% | $36K | $209K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.870 | −0.033% | $796 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.840 | −0.082% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.860 | −0.049% | $1.7M | $1.3M | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0011% | 8h | 60.880 | −0.016% | $5.4M | $6.0M | 50x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DRAMUSDT | +0.0013% | 8h | 60.870 | −0.033% | $43.8M | $89.0M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0014% | 8h | 60.860 | −0.049% | $8.4M | $5.7M | 100x | as long as short |
| Extended DRAM-USD | +0.0016% | 1h | 60.855 | −0.057% | $74K | $198K | 10x | as long as short |
| Bybit DRAMUSDT | +0.0022% | 8h | 60.893 | +0.005% | $9.6M | $10.4M | 100x | as long as short |
| Aftermath Perps DRAMUSD | +0.0038% | 1h | 60.864 | −0.043% | $1K | $29K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.840 | −0.082% | $47K | $67K | 10x | as long as short |
| QFEX DRAM-USD | +0.0040% | 1h | 60.870 | −0.033% | $991K | $84K | 10x | as long as short |
| BloFin DRAM-USDT | +0.0043% | 8h | 60.890 | 0.000% | $298K | $26K | 20x | as long as short |
| edgeX DRAMUSDC | +0.0045% | 4h | 60.863 | −0.044% | $148K | $299K | 20x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.840 | −0.082% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.829 | −0.100% | $179K | $479K | 25x | as long as short |
| Polymarket Perps DRAM-USDshort | +0.0050% | 1h | 60.848 | −0.069% | $253K | $1.3M | 10x | |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.861 | −0.048% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.820 | −0.115% | $1.1M | $3.5M | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0079% | 1h | 60.840 | −0.082% | $13K | $3K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0092% | 8h | 60.854 | −0.059% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.836 | −0.089% | $73K | $34K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.850 | −0.066% | $3.0M | $420K | 20x | as long as short |
| ApeX Omni DRAMUSDTlong | +0.0100% | 1h | 60.890 | long leg | $21K | $183K | 50x | |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.870 | −0.033% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.859 | −0.050% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0176% | 1h | 60.940 | +0.082% | $523K | $75K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0181% | 1h | 60.845 | −0.074% | $78.7M | $35.7M | 20x | as long as short |
| Lighter DRAM | +0.0344% | 1h | 60.872 | −0.030% | $1.1M | $1.2M | 20x | as long as short |
ApeX Omni DRAMUSDT
Polymarket Perps DRAM-USD
Bitget DRAMUSDT
Aster DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
Variational Omni DRAM
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
OKX DRAM-USDT-SWAP
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
Bybit DRAMUSDT
Aftermath Perps DRAMUSD
BloFin DRAM-USDT
edgeX DRAMUSDC
SoDEX DRAM-USD
Deribit DRAM_USDC-PERPETUAL
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
Coinbase International DRAM-PERP-INTX
tradeXYZ xyz:DRAM
Lighter DRAM