Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0050%/8hnext payment +$0.06 per $10,000 · paid last 24h −0.057%

Price spread now: Polymarket Perps against RISEx−0.015%7-day average −0.044% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$220.219% of the position

Long on RISEx Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.046%−$5 on $10k

Price spread, last 3 days (all we have)+0.211%+$21 · spread now −0.015%, 7d avg −0.044%

Together, before fees+0.165%+$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.029% dearer against RISEx than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx DRAM/USDC	61.706	0	get 0.0000% / 1h	21m 54s	$447K	$426K	20x
Short	Polymarket Perps DRAM-USD	61.696	0.0050	get 0.0006% / 1h	21m 54s	$194K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against RISEx. 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 RISExbpFee Polymarket PerpsbpOrdersPrice spread, now −0.015%Rate

Funding earned: $10.5
Price spread: −0.015% → −0.044%: $2.89
Slippage, 4 orders: −$7.93
Fee RISEx: 3 bp × 2 orders: −$6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$8.54
Costs to cover: 0.219%
Break-even: 12.7 days

Slippage from RISEx: live order book, 11 min ago; Polymarket Perps: live order book, 1 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 RISEx live order book, 11 min ago	0.97 bp	4.0 bp −$4	6.0 bp −$60	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 1 min ago	1.46 bp	5.5 bp −$5	7.0 bp −$70	8.2 bp −$822	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
Aster DRAMUSDT	0.0000%	8h	61.698	−0.012%	$202K	$28K	20x	as long as short
OKX DRAM-USDT-SWAP	0.0000%	8h	61.720	+0.023%	$5.4M	$4.8M	50x	as long as short
RISEx DRAM/USDClong	0.0000%	1h	61.706	long leg	$447K	$426K	20x
Gate DRAM_USDT	0.0000%	8h	61.740	+0.056%	$8.2M	$3.4M	75x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.730	+0.040%	$25.9M	$11.9M	20x	as long as short
Variational Omni DRAM	0.0000%	8h	61.695	−0.018%	$2.4M	$990K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.733	+0.044%	$35K	$184K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.710	+0.007%	$794	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.710	+0.007%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.720	+0.023%	$1.8M	$1.2M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC DRAM_USDT	+0.0002%	8h	61.720	+0.023%	$11.7M	$6.3M	100x	as long as short
Binance DRAMUSDT	+0.0005%	8h	61.730	+0.040%	$43.3M	$78.6M	50x	as long as short
Extended DRAM-USD	+0.0008%	1h	61.728	+0.036%	$74K	$712K	10x	as long as short
QFEX DRAM-USD	+0.0038%	1h	61.700	−0.009%	$1.0M	$62K	10x	as long as short
edgeX DRAMUSDC	+0.0045%	4h	61.727	+0.035%	$153K	$289K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.650	−0.090%	—	$797	10x	as long as short
Polymarket Perps DRAM-USDshort	+0.0050%	1h	61.696	−0.015%	$194K	$1.2M	10x
SoDEX DRAM-USD	+0.0050%	1h	61.715	+0.015%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.640	−0.106%	$1.2M	$1.7M	10x	as long as short
Bybit DRAMUSDT	+0.0087%	8h	61.760	+0.088%	$9.1M	$9.7M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.709	+0.005%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.720	+0.023%	$3.0M	$460K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.730	+0.040%	$22K	$179K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.730	+0.040%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.715	+0.015%	$4K	—	10x	as long as short
BloFin DRAM-USDT	+0.0120%	8h	61.710	+0.007%	$299K	$26K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0127%	8h	61.702	−0.005%	—	—	5x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0144%	1h	61.370	−0.544%	$508K	$41K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0220%	1h	61.702	−0.006%	$1K	$36K	5x	as long as short
tradeXYZ xyz:DRAM	+0.0227%	1h	61.708	+0.004%	$79.3M	$37.3M	20x	as long as short
Lighter DRAM	+0.0280%	1h	61.730	+0.040%	$995K	$1.2M	20x	as long as short
Entropy io:DRAM	+0.0338%	1h	61.676	−0.048%	$244K	$506K	25x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0399%	1h	61.710	+0.007%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0404%	1h	61.690	−0.025%	$50K	$99K	10x	as long as short