Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0080%/8h= +8.7% APRpaid last 24h +0.056%

Price spread now: Binance against Polymarket Perps+0.017%46s7-day average +0.082% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$240.245% of the position

Long on Polymarket Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.073%+$7 on $10k

Price spread, last 7 days−0.016%−$2 · spread now +0.017%, 7d avg +0.082%

Together, before fees+0.057%+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.066% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.017% now, against its 7-day average of +0.082%). If the spread goes back, that is −$7 on $10k: about 2.7 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.073% in total) that is about 6.3 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DRAM-USD	61.206	0.0050	pay 0.0006% / 1h	46m 39s	$254K	$1.4M	10x
Short	Binance DRAMUSDT	61.216	0.0130	get 0.0130% / 8h	1h 46m	$43.8M	$87.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.017%Rate

Funding earned: $16.75
Price spread: +0.017% → +0.082%: −$6.57
Slippage, 4 orders: −$6.5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$14.31
Costs to cover: 0.245%
Break-even: 13.0 days

Slippage from Polymarket Perps: live order book, 2 min ago; Binance: live order book, 11 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 Polymarket Perps live order book, 2 min ago	1.80 bp	7.1 bp −$7	7.3 bp −$73	8.5 bp −$846	doesn't fit
Sell Binance live order book, 11 min ago	0.81 bp	5.8 bp −$6	8.3 bp −$83	34.9 bp −$3,489	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	−0.0463%	8h	61.220	+0.023%	$26.0M	$14.5M	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.227	+0.034%	$9.4M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.206	−0.001%	$424K	$419K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.250	+0.072%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.270	+0.105%	$36K	$201K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.220	+0.023%	$732	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.170	−0.059%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.240	+0.056%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0012%	4h	61.298	+0.151%	$149K	$299K	20x	as long as short
Aster DRAMUSDT	+0.0026%	8h	61.245	+0.063%	$197K	$35K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps DRAMUSD	+0.0028%	1h	61.238	+0.052%	$1K	$31K	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0030%	8h	61.230	+0.039%	$5.4M	$5.7M	50x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.220	+0.023%	$997K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.220	+0.023%	$48K	$68K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.220	+0.023%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.212	+0.010%	$169K	$469K	25x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	61.206	long leg	$254K	$1.4M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.225	+0.031%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.160	−0.075%	$1.1M	$3.4M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0077%	1h	61.220	+0.023%	$13K	$3K	20x	as long as short
Variational Omni DRAM	+0.0083%	8h	61.275	+0.113%	$2.3M	$682K	—	as long as short
tradeXYZ xyz:DRAM	+0.0097%	1h	61.185	−0.034%	$79.2M	$35.9M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.214	+0.014%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.190	−0.026%	$3.0M	$414K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.280	+0.121%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.220	+0.023%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.226	+0.033%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0104%	8h	61.200	−0.010%	—	—	5x	as long as short
Lighter DRAM	+0.0112%	1h	61.224	+0.029%	$1.1M	$1.2M	20x	as long as short
Extended DRAM-USD	+0.0128%	1h	61.190	−0.026%	$74K	$190K	10x	as long as short
BloFin DRAM-USDT	+0.0129%	8h	61.290	+0.137%	$302K	$26K	20x	as long as short
Binance DRAMUSDTshort	+0.0130%	8h	61.216	+0.017%	$43.8M	$87.3M	50x
MEXC DRAM_USDT	+0.0131%	8h	61.200	−0.010%	$8.0M	$5.6M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	−0.157%	$525K	$75K	20x	as long as short