Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Orderly against Polymarket Perps+0.038%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 Orderly

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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.038% dearer against Polymarket Perps than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DRAM-USD	61.137	0.0050	pay 0.0006% / 1h	21m 45s	$254K	$1.4M	10x
Short	Orderly PERP_DRAM_USDC_mythos	61.160	0.0100	get 0.0100% / 8h	1h 21m	$8K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.038%Rate

Funding earned: $10.5
Price spread: +0.038% → 0.000%: $3.76
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: $0.26
Costs to cover: 0.140%
Break-even: 6.8 days

Slippage unknown: Polymarket Perps: live order book, 2 min ago; Orderly: 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, 2 min ago	1.96 bp	7.4 bp −$7	7.5 bp −$75	9.0 bp −$903	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
Bitget DRAMUSDT	−0.0582%	8h	61.190	+0.087%	$26.1M	$14.7M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	61.182	+0.074%	$197K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.210	+0.119%	$9.4M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.159	+0.036%	$424K	$353K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.230	+0.152%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.158	+0.034%	$36K	$202K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.150	+0.021%	$787	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.160	+0.038%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.170	+0.054%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0002%	8h	61.170	+0.054%	$5.4M	$5.9M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin DRAM-USDT	+0.0016%	8h	61.200	+0.103%	$299K	$26K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0029%	1h	61.161	+0.039%	$1K	$30K	5x	as long as short
Variational Omni DRAM	+0.0031%	8h	61.164	+0.045%	$2.3M	$682K	—	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.160	+0.038%	$996K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.140	+0.005%	$48K	$68K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.140	+0.005%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.128	−0.015%	$180K	$480K	25x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	61.137	long leg	$254K	$1.4M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.155	+0.029%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.140	+0.005%	$1.1M	$3.5M	10x	as long as short
Binance DRAMUSDT	+0.0077%	8h	61.161	+0.039%	$43.8M	$87.8M	50x	as long as short
MEXC DRAM_USDT	+0.0078%	8h	61.160	+0.038%	$8.0M	$5.6M	100x	as long as short
Extended DRAM-USD	+0.0080%	1h	61.145	+0.014%	$74K	$189K	10x	as long as short
edgeX DRAMUSDC	+0.0086%	4h	61.140	+0.005%	$148K	$297K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0088%	8h	61.150	+0.022%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0092%	1h	61.153	+0.026%	$79.2M	$35.8M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.172	+0.058%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.140	+0.005%	$3.0M	$417K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.130	−0.011%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythosshort	+0.0100%	8h	61.160	+0.038%	$8K	—	10x
Aevo DRAM-PERP	+0.0104%	1h	61.158	+0.034%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	−0.044%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0216%	1h	61.179	+0.069%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0241%	1h	61.150	+0.021%	$13K	$3K	20x	as long as short