DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0534%/8h= −58.5% APRnext payment −$0.67 per $10,000 · paid last 24h −0.048%

Price spread now: Polymarket Perps against Extended−0.013%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$200.201% of the position

Long on Extended Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.071%−$7 on $10k

Price spread, last 4 days (all we have)+0.259%+$26 · spread now −0.013%, 7d avg −0.009%

Together, before fees+0.189%+ Points / potential airdropExtended: Active · farm board+$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.071% in total (about -3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.67 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DRAM-USD	62.127	0.0584	pay 0.0073% / 1h	19m 31s	$75K	$669K	10x
Short	Polymarket Perps DRAM-USD	62.119	0.0050	get 0.0006% / 1h	19m 31s	$266K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Extended. 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 ExtendedbpFee Polymarket PerpsbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$112.14
Price spread: −0.013% → −0.009%: −$0.46
Slippage, 4 orders: −$7.12
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$132.72
Costs to cover: 0.201%
Break-even: never at this rate

Slippage from Extended: live order book, 48 min ago; Polymarket Perps: live order book, 4 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 Extended live order book, 48 min ago	0.40 bp	3.2 bp −$3	7.0 bp −$70	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	2.09 bp	6.9 bp −$7	6.9 bp −$69	8.4 bp −$844	doesn't fit

DRAM on 33 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
SunX DRAM-USDT	0.0000%	8h	62.190	+0.101%	$874	$2.9M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.150	+0.036%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.140	+0.020%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0032%	4h	62.187	+0.096%	$151K	$297K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.153	+0.042%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.170	+0.069%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.100	−0.044%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.130	+0.004%	$1.0M	$78K	10x	as long as short
Polymarket Perps DRAM-USDshort	+0.0050%	1h	62.119	−0.013%	$266K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	62.139	+0.019%	$2K	$15K	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.090	−0.060%	$1.1M	$1.9M	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	62.141	+0.022%	$252K	$430K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	62.129	+0.003%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.130	+0.004%	$3.0M	$404K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.200	+0.117%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.150	+0.036%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.169	+0.067%	$4K	—	10x	as long as short
Lighter DRAM	+0.0144%	1h	62.131	+0.006%	$966K	$1.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.130	+0.004%	$534K	$93K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0169%	8h	62.140	+0.021%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0215%	1h	62.091	−0.058%	$81.7M	$36.7M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0223%	8h	62.150	+0.036%	$5.5M	$4.5M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0233%	1h	62.150	+0.036%	$13K	$3K	20x	as long as short
Bitget DRAMUSDT	+0.0247%	8h	62.150	+0.036%	$26.0M	$13.0M	20x	as long as short
Bybit DRAMUSDT	+0.0301%	8h	62.150	+0.036%	$9.6M	$10.1M	100x	as long as short
GRVT DRAM_USDT_Perp	+0.0396%	8h	62.243	+0.186%	$37K	$154K	10x	as long as short
Aster DRAMUSDT	+0.0459%	8h	62.164	+0.059%	$200K	$36K	20x	as long as short
Gate DRAM_USDT	+0.0540%	8h	62.160	+0.053%	$8.2M	$3.5M	75x	as long as short
Variational Omni DRAM	+0.0547%	8h	62.183	+0.090%	$2.4M	$709K	—	as long as short
Extended DRAM-USDlong	+0.0584%	1h	62.127	long leg	$75K	$669K	10x
Binance DRAMUSDT	+0.0585%	8h	62.128	+0.001%	$44.6M	$81.8M	50x	as long as short
MEXC DRAM_USDT	+0.0586%	8h	62.130	+0.004%	$9.6M	$5.9M	100x	as long as short
RISEx DRAM/USDC	+0.0835%	1h	62.146	+0.030%	$447K	$504K	20x	as long as short