Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
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
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 daysno 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo DRAM-PERP62.5020.0104pay 0.0013% / 1h7m 10s$4K10x
ShortLighter DRAM62.4720.0120get 0.0015% / 1h7m 10s$972K$1.3M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Lighter live order book, 4 min ago0.56 bp0.8 bp −$12.8 bp −$2860.9 bp −$6,090doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX DRAM-USDT0.0000%8h62.490−0.020%$563$3.0M10xas long as short
HTX DRAM-USDT0.0000%8h62.460−0.068%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.480−0.036%$1.8M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0034%1h62.462−0.065%$1K$35K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.420−0.132%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.462−0.064%$267K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.472−0.048%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.400−0.164%$1.1M$1.9M10xas long as short
edgeX DRAMUSDC+0.0084%4h62.441−0.098%$151K$296K20xas long as short
Pacifica DRAM+0.0100%1h62.441−0.098%$76K$41K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DRAMUSDTM+0.0100%8h62.450−0.084%$3.0M$421K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.370−0.212%$22K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.510+0.012%$9K10xas long as short
Aevo DRAM-PERPlong+0.0104%1h62.502long leg$4K10x
Lighter DRAMshort+0.0120%1h62.472−0.048%$972K$1.3M20x
QFEX DRAM-USD+0.0160%1h62.480−0.036%$1.0M$78K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h62.390−0.180%$540K$91K20xas long as short
tradeXYZ xyz:DRAM+0.0228%1h62.453−0.079%$82.3M$37.6M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0230%1h62.470−0.052%$13K$3K20xas long as short
Paradex DRAM-USD-PERP+0.0236%8h62.504+0.003%5xas long as short
OKX DRAM-USDT-SWAP+0.0245%8h62.500−0.004%$5.5M$4.6M50xas long as short
Bybit DRAMUSDT+0.0472%8h62.510+0.012%$9.6M$10.4M100xas long as short
Aster DRAMUSDT+0.0485%8h62.375−0.204%$201K$36K20xas long as short
Entropy io:DRAM+0.0515%1h62.383−0.191%$255K$448K25xas long as short
Variational Omni DRAM+0.0561%8h62.435−0.108%$2.4M$749Kas long as short
Bitget DRAMUSDT+0.0596%8h62.480−0.036%$26.2M$12.9M20xas long as short
Arcus DRAM-USD+0.0606%1h62.460−0.068%$51K$82K10xas long as short
MEXC DRAM_USDT+0.0610%8h62.470−0.052%$9.7M$6.7M100xas long as short
Binance DRAMUSDT+0.0615%8h62.480−0.036%$45.0M$81.9M50xas long as short
Extended DRAM-USD+0.0616%1h62.464−0.061%$76K$665K10xas long as short
Gate DRAM_USDT+0.0827%8h62.510+0.012%$8.3M$3.5M75xas long as short
BloFin DRAM-USDT+0.0962%8h62.510+0.012%$299K$26K20xas long as short
GRVT DRAM_USDT_Perp+0.1049%8h62.448−0.087%$37K$153K10xas long as short
RISEx DRAM/USDC+0.1096%1h62.480−0.036%$456K$499K20xas long as short