Funding you earn now, next payment 01:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.025%
Price spread now: Lighter against Aevo−0.048%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.048% cheaper against Aevo than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 10 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo DRAM-PERP | 62.502 | 0.0104 | pay 0.0013% / 1h | 7m 10s | $4K | — | 10x |
| Short | Lighter DRAM | 62.472 | 0.0120 | get 0.0015% / 1h | 7m 10s | $972K | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aevo. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $3.36
- Price spread: −0.048% → 0.000%
- −$4.83
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$17.47
- Costs to cover
- 0.160%
- Break-even
- 43.4 days
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 4 min ago. 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 4 min ago | 0.56 bp | 0.8 bp −$1 | 2.8 bp −$28 | 60.9 bp −$6,090 | doesn't fit |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX DRAM-USDT | 0.0000% | 8h | 62.490 | −0.020% | $563 | $3.0M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.460 | −0.068% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.480 | −0.036% | $1.8M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0034% | 1h | 62.462 | −0.065% | $1K | $35K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.420 | −0.132% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.462 | −0.064% | $267K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.472 | −0.048% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.400 | −0.164% | $1.1M | $1.9M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0084% | 4h | 62.441 | −0.098% | $151K | $296K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.441 | −0.098% | $76K | $41K | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.450 | −0.084% | $3.0M | $421K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.370 | −0.212% | $22K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.510 | +0.012% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERPlong | +0.0104% | 1h | 62.502 | long leg | $4K | — | 10x | |
| Lighter DRAMshort | +0.0120% | 1h | 62.472 | −0.048% | $972K | $1.3M | 20x | |
| QFEX DRAM-USD | +0.0160% | 1h | 62.480 | −0.036% | $1.0M | $78K | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 62.390 | −0.180% | $540K | $91K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0228% | 1h | 62.453 | −0.079% | $82.3M | $37.6M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0230% | 1h | 62.470 | −0.052% | $13K | $3K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0236% | 8h | 62.504 | +0.003% | — | — | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0245% | 8h | 62.500 | −0.004% | $5.5M | $4.6M | 50x | as long as short |
| Bybit DRAMUSDT | +0.0472% | 8h | 62.510 | +0.012% | $9.6M | $10.4M | 100x | as long as short |
| Aster DRAMUSDT | +0.0485% | 8h | 62.375 | −0.204% | $201K | $36K | 20x | as long as short |
| Entropy io:DRAM | +0.0515% | 1h | 62.383 | −0.191% | $255K | $448K | 25x | as long as short |
| Variational Omni DRAM | +0.0561% | 8h | 62.435 | −0.108% | $2.4M | $749K | — | as long as short |
| Bitget DRAMUSDT | +0.0596% | 8h | 62.480 | −0.036% | $26.2M | $12.9M | 20x | as long as short |
| Arcus DRAM-USD | +0.0606% | 1h | 62.460 | −0.068% | $51K | $82K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0610% | 8h | 62.470 | −0.052% | $9.7M | $6.7M | 100x | as long as short |
| Binance DRAMUSDT | +0.0615% | 8h | 62.480 | −0.036% | $45.0M | $81.9M | 50x | as long as short |
| Extended DRAM-USD | +0.0616% | 1h | 62.464 | −0.061% | $76K | $665K | 10x | as long as short |
| Gate DRAM_USDT | +0.0827% | 8h | 62.510 | +0.012% | $8.3M | $3.5M | 75x | as long as short |
| BloFin DRAM-USDT | +0.0962% | 8h | 62.510 | +0.012% | $299K | $26K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.1049% | 8h | 62.448 | −0.087% | $37K | $153K | 10x | as long as short |
| RISEx DRAM/USDC | +0.1096% | 1h | 62.480 | −0.036% | $456K | $499K | 20x | as long as short |
Lighter DRAM
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
edgeX DRAMUSDC
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Coinbase International DRAM-PERP-INTX
tradeXYZ xyz:DRAM
Deribit DRAM_USDC-PERPETUAL
Paradex DRAM-USD-PERP
OKX DRAM-USDT-SWAP
Bybit DRAMUSDT
Aster DRAMUSDT
Variational Omni DRAM
Bitget DRAMUSDT
MEXC DRAM_USDT
Binance DRAMUSDT
Extended DRAM-USD
Gate DRAM_USDT
BloFin DRAM-USDT
GRVT DRAM_USDT_Perp
RISEx DRAM/USDC