DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0245%/8h= +26.8% APRnext payment +$0.31 per $10,000 · paid last 24h +0.070%

Price spread now: RISEx against Polymarket Perps+0.059%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$200.196% of the position

Long on Polymarket Perps Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.055%+$5 on $10k

Price spread, last 3 days (all we have)−0.051%−$5 · spread now +0.059%, 7d avg +0.044%

Together, before fees+0.004%$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.044%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.055% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.31 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	Polymarket Perps DRAM-USD	61.906	0.0050	pay 0.0006% / 1h	14m 13s	$210K	$1.2M	10x
Short	RISEx DRAM/USDC	61.943	0.0295	get 0.0037% / 1h	14m 13s	$456K	$476K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.059%Rate

Funding earned: $51.44
Price spread: +0.059% → +0.044%: $1.47
Slippage, 4 orders: −$5.63
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $33.28
Costs to cover: 0.196%
Break-even: 2.5 days

Slippage from Polymarket Perps: live order book, 4 min ago; RISEx: live order book, 64 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, 4 min ago	2.18 bp	6.2 bp −$6	6.2 bp −$62	8.2 bp −$816	doesn't fit
Sell RISEx live order book, 64 min ago	0.49 bp	3.5 bp −$3	5.7 bp −$57	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
Gate DRAM_USDT	0.0000%	8h	61.930	+0.039%	$8.3M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.960	+0.087%	$701	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.940	+0.055%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.810	−0.155%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0002%	4h	61.980	+0.120%	$153K	$291K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0040%	1h	61.919	+0.020%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.840	−0.107%	—	$797	10x	as long as short
Polymarket Perps DRAM-USDlong	+0.0050%	1h	61.906	long leg	$210K	$1.2M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.920	+0.023%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.840	−0.107%	$1.2M	$1.8M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0079%	1h	61.920	+0.023%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.902	−0.006%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.910	+0.006%	$3.0M	$472K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.910	+0.006%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.920	+0.023%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.934	+0.046%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0176%	8h	61.940	+0.055%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0181%	8h	61.910	+0.006%	$26.1M	$12.6M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.527%	$510K	$43K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0210%	8h	61.928	+0.036%	—	—	5x	as long as short
Lighter DRAM	+0.0240%	1h	61.908	+0.003%	$967K	$1.2M	20x	as long as short
Aster DRAMUSDT	+0.0281%	8h	61.960	+0.086%	$199K	$36K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0286%	8h	61.989	+0.135%	$36K	$171K	10x	as long as short
RISEx DRAM/USDCshort	+0.0295%	1h	61.943	+0.059%	$456K	$476K	20x
Bybit DRAMUSDT	+0.0297%	8h	61.940	+0.055%	$9.3M	$10.5M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0309%	1h	61.889	−0.027%	$80.5M	$40.0M	20x	as long as short
Entropy io:DRAM	+0.0335%	1h	61.906	0.000%	$255K	$494K	25x	as long as short
Variational Omni DRAM	+0.0371%	8h	61.986	+0.129%	$2.4M	$953K	—	as long as short
MEXC DRAM_USDT	+0.0415%	8h	61.900	−0.010%	$11.2M	$6.5M	100x	as long as short
Extended DRAM-USD	+0.0416%	1h	61.909	+0.004%	$78K	$768K	10x	as long as short
Binance DRAMUSDT	+0.0417%	8h	61.910	+0.006%	$43.6M	$82.4M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0558%	1h	61.920	+0.023%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.910	+0.006%	$50K	$90K	10x	as long as short
BloFin DRAM-USDT	+0.0693%	8h	62.030	+0.200%	$253K	$27K	20x	as long as short