DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.16 per $10,000 · paid last 24h +0.030%

Price spread now: Coinbase International against Polymarket Perps−0.030%7-day average −0.115% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$380.377% of the position

Long on Polymarket Perps Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.248%+$25 on $10k

Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.030%, 7d avg −0.115%

Together, before fees+0.380%+$38 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.086% dearer against Polymarket Perps than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.115%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DRAM-USD	60.928	0.0050	pay 0.0006% / 1h	35m 11s	$253K	$1.3M	10x
Short	Coinbase International DRAM-PERP-INTX	60.910	0.0176	get 0.0022% / 1h	35m 11s	$523K	$75K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.030%Rate

Funding earned: $26.46
Price spread: −0.030% → −0.115%: $8.57
Slippage, 4 orders: −$19.65
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$2.62
Costs to cover: 0.377%
Break-even: 7.7 days

Slippage from Polymarket Perps: live order book, 3 min ago; Coinbase International: 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 Polymarket Perps live order book, 3 min ago	1.15 bp	7.9 bp −$8	8.0 bp −$80	9.4 bp −$938	doesn't fit
Sell Coinbase International live order book, 3 min ago	4.92 bp	13.1 bp −$13	16.9 bp −$169	doesn't fit	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	−0.0742%	8h	61.010	+0.135%	$26.4M	$15.0M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.974	+0.076%	$196K	$35K	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.956	+0.046%	$422K	$341K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.040	+0.184%	$8.0M	$3.7M	75x	as long as short
Variational Omni DRAM	0.0000%	8h	60.953	+0.041%	$2.3M	$580K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.996	+0.112%	$36K	$205K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.970	+0.069%	$869	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.960	+0.053%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.980	+0.085%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0002%	8h	61.040	+0.184%	$9.6M	$10.4M	100x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0010%	8h	61.000	+0.118%	$5.4M	$6.0M	50x	as long as short
Extended DRAM-USD	+0.0032%	1h	60.943	+0.025%	$77K	$196K	10x	as long as short
MEXC DRAM_USDT	+0.0032%	8h	60.980	+0.085%	$7.7M	$5.7M	100x	as long as short
Binance DRAMUSDT	+0.0032%	8h	60.988	+0.098%	$43.7M	$88.7M	50x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	60.968	+0.066%	$1K	$30K	5x	as long as short
edgeX DRAMUSDC	+0.0037%	4h	60.963	+0.058%	$148K	$298K	20x	as long as short
BloFin DRAM-USDT	+0.0038%	8h	61.000	+0.118%	$297K	$26K	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.950	+0.036%	$47K	$67K	10x	as long as short
QFEX DRAM-USD	+0.0040%	1h	60.970	+0.069%	$992K	$84K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.940	+0.020%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.931	+0.005%	$179K	$480K	25x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	60.928	long leg	$253K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	60.964	+0.059%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.930	+0.003%	$1.1M	$3.5M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0078%	1h	60.930	+0.003%	$13K	$3K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	60.986	+0.095%	$73K	$38K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.960	+0.053%	$3.0M	$422K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.960	+0.053%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.960	+0.053%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0102%	8h	60.970	+0.069%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.951	+0.038%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTXshort	+0.0176%	1h	60.910	−0.030%	$523K	$75K	20x
tradeXYZ xyz:DRAM	+0.0203%	1h	60.980	+0.085%	$78.9M	$35.9M	20x	as long as short
Lighter DRAM	+0.0368%	1h	60.983	+0.090%	$1.1M	$1.2M	20x	as long as short