Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: HTX against Polymarket Perps+0.097%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. HTX is 0.097% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.097% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DRAM-USD	61.740	0.0050	pay 0.0006% / 1h	14m 14s	$259K	$1.3M	10x
Short	HTX DRAM-USDT	61.800	0	get 0.0000% / 8h	3h 14m	$28K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.097%Rate

Funding earned: −$10.5
Price spread: +0.097% → 0.000%: $9.72
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$20.78
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 4 min ago; HTX: no order-book sample. Net counts fees only.

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, 4 min ago	1.05 bp	5.1 bp −$5	5.2 bp −$52	7.5 bp −$748	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
RISEx DRAM/USDC	0.0000%	1h	61.764	+0.039%	$435K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.780	+0.065%	$26.0M	$13.7M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.779	+0.063%	$36K	$188K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.770	+0.049%	$823	$2.6M	10x	as long as short
HTX DRAM-USDTshort	0.0000%	8h	61.800	+0.097%	$28K	$3K	20x
Phemex DRAMUSDT	0.0000%	8h	61.780	+0.065%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.760	+0.032%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.760	+0.032%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.770	+0.049%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.730	−0.016%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAM	+0.0050%	1h	61.746	+0.010%	$172K	$461K	25x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	61.740	long leg	$259K	$1.3M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.765	+0.040%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.720	−0.032%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0056%	8h	61.780	+0.065%	$5.4M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0071%	8h	61.780	+0.065%	$9.6M	$9.9M	100x	as long as short
edgeX DRAMUSDC	+0.0083%	4h	61.763	+0.037%	$150K	$299K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.745	+0.007%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.740	0.000%	$3.0M	$398K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.760	+0.032%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.780	+0.065%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.767	+0.043%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	61.720	−0.032%	$530K	$74K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0109%	8h	61.760	+0.032%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0131%	1h	61.735	−0.008%	$80.3M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0140%	8h	61.758	+0.030%	$199K	$35K	20x	as long as short
Variational Omni DRAM	+0.0197%	8h	61.824	+0.136%	$2.4M	$739K	—	as long as short
Lighter DRAM	+0.0208%	1h	61.774	+0.055%	$1.1M	$1.2M	20x	as long as short
BloFin DRAM-USDT	+0.0226%	8h	61.830	+0.146%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0255%	8h	61.760	+0.032%	$44.2M	$81.7M	50x	as long as short
MEXC DRAM_USDT	+0.0255%	8h	61.760	+0.032%	$8.2M	$5.6M	100x	as long as short
Extended DRAM-USD	+0.0256%	1h	61.742	+0.004%	$75K	$239K	10x	as long as short
Gate DRAM_USDT	+0.0389%	8h	61.800	+0.097%	$8.1M	$3.6M	75x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.750	+0.016%	$13K	$3K	20x	as long as short