DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.03 per $10,000 · paid last 24h +0.026%

Price spread now: Lighter against ApeX Omni−0.003%78s7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$870.872% of the position

Long on ApeX Omni Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.084%+$8 on $10k

Price spread, last 3 days (all we have)−0.054%−$5 · spread now −0.003%, 7d avg −0.019%

Together, before fees+0.030%+ Points / potential airdropLighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni DRAMUSDT	62.380	0.0100	pay 0.0013% / 1h	36m 11s	$22K	$186K	50x
Short	Lighter DRAM	62.378	0.0120	get 0.0015% / 1h	36m 11s	$969K	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against ApeX Omni. 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 ApeX OmnibpFee LighterbpOrdersPrice spread, now −0.003%Rate

Funding earned: $4.2
Price spread: −0.003% → −0.019%: $1.59
Slippage, 4 orders: −$77.2
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$81.41
Costs to cover: 0.872%
Break-even: 142.7 days

Slippage from ApeX Omni: live order book, 35 min ago; Lighter: live order book, 5 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 ApeX Omni live order book, 35 min ago	30.67 bp	44.7 bp −$45	201.7 bp −$2,017	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	0.72 bp	0.8 bp −$1	2.4 bp −$24	65.0 bp −$6,498	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
SunX DRAM-USDT	0.0000%	8h	62.390	+0.016%	$716	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.410	+0.048%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.380	0.000%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0036%	4h	62.439	+0.094%	$151K	$296K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	62.381	+0.001%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.360	−0.032%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.340	−0.064%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.376	−0.006%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.400	+0.032%	$1.1M	$1.8M	10x	as long as short
Pacifica DRAM	+0.0100%	1h	62.405	+0.040%	$76K	$40K	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	62.370	−0.016%	$3.0M	$442K	20x	as long as short
ApeX Omni DRAMUSDTlong	+0.0100%	1h	62.380	long leg	$22K	$186K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.410	+0.048%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.397	+0.028%	$4K	—	10x	as long as short
Lighter DRAMshort	+0.0120%	1h	62.378	−0.003%	$969K	$1.2M	20x
QFEX DRAM-USD	+0.0160%	1h	62.370	−0.016%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.737%	$535K	$95K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0215%	8h	62.397	+0.028%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0226%	8h	62.410	+0.048%	$5.5M	$4.7M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.360	−0.032%	$13K	$3K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0289%	1h	62.347	−0.053%	$81.7M	$39.3M	20x	as long as short
Aster DRAMUSDT	+0.0386%	8h	62.324	−0.090%	$200K	$36K	20x	as long as short
Bybit DRAMUSDT	+0.0386%	8h	62.410	+0.048%	$9.6M	$10.5M	100x	as long as short
Bitget DRAMUSDT	+0.0439%	8h	62.390	+0.016%	$26.1M	$12.8M	20x	as long as short
Variational Omni DRAM	+0.0474%	8h	62.365	−0.024%	$2.4M	$761K	—	as long as short
MEXC DRAM_USDT	+0.0511%	8h	62.370	−0.016%	$9.7M	$6.7M	100x	as long as short
Extended DRAM-USD	+0.0512%	1h	62.367	−0.021%	$75K	$769K	10x	as long as short
Binance DRAMUSDT	+0.0514%	8h	62.379	−0.001%	$44.6M	$81.6M	50x	as long as short
Entropy io:DRAM	+0.0525%	1h	62.348	−0.051%	$254K	$462K	25x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.400	+0.032%	$51K	$82K	10x	as long as short
Gate DRAM_USDT	+0.0658%	8h	62.410	+0.048%	$8.3M	$3.4M	75x	as long as short
BloFin DRAM-USDT	+0.0893%	8h	62.440	+0.096%	$299K	$26K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0987%	8h	62.450	+0.113%	$37K	$157K	10x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.398	+0.029%	$454K	$492K	20x	as long as short