Funding you earn now, next payment 05:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.053%
Price spread now: Lighter against Deribit+0.039%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.039% dearer against Deribit than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DRAM_USDC-PERPETUAL | 62.100 | 0.0072 | pay 0.0009% / 1h | 50m 17s | $13K | $3K | 20x |
| Short | Lighter DRAM | 62.124 | 0.0080 | get 0.0010% / 1h | 50m 17s | $1.0M | $1.1M | 20x |
Deribit DRAM_USDC-PERPETUAL
Lighter DRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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
- $1.65
- Price spread: +0.039% → 0.000%
- $3.86
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$1.49
- Costs to cover
- 0.070%
- Break-even
- 13.3 days
Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 6 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 6 min ago | 0.56 bp | 0.6 bp −$1 | 1.6 bp −$16 | 48.1 bp −$4,805 | doesn't fit |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx DRAM/USDC | 0.0000% | 1h | 62.109 | +0.015% | $438K | $501K | 20x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 62.130 | +0.048% | $26.0M | $13.4M | 20x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 62.199 | +0.160% | $37K | $179K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.120 | +0.032% | $1K | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.180 | +0.129% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.130 | +0.048% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0021% | 1h | 62.155 | +0.088% | $1K | $32K | 5x | as long as short |
| QFEX DRAM-USD | +0.0036% | 1h | 62.100 | 0.000% | $1.0M | $78K | 10x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.140 | +0.064% | $48K | $77K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.090 | −0.016% | — | — | 10x | as long as short |
RISEx DRAM/USDC
Bitget DRAMUSDT
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
QFEX DRAM-USD
Arcus DRAM-USD
Vest DRAM-USD-PERPShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.088 | −0.019% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.125 | +0.040% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.050 | −0.081% | $1.1M | $2.3M | 10x | as long as short |
| Entropy io:DRAM | +0.0052% | 1h | 62.131 | +0.050% | $159K | $451K | 25x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0072% | 8h | 62.130 | +0.048% | $5.4M | $4.5M | 50x | as long as short |
| Deribit DRAM_USDC-PERPETUALlong | +0.0072% | 1h | 62.100 | long leg | $13K | $3K | 20x | |
| Paradex DRAM-USD-PERP | +0.0077% | 8h | 62.100 | −0.001% | — | — | 5x | as long as short |
| Lighter DRAMshort | +0.0080% | 1h | 62.124 | +0.039% | $1.0M | $1.1M | 20x | |
| edgeX DRAMUSDC | +0.0095% | 4h | 62.186 | +0.138% | $151K | $298K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.117 | +0.028% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.090 | −0.016% | $3.0M | $394K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.230 | +0.209% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.120 | +0.032% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.120 | +0.031% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0104% | 1h | 62.110 | +0.016% | $533K | $75K | 20x | as long as short |
| Bybit DRAMUSDT | +0.0109% | 8h | 62.140 | +0.064% | $9.7M | $9.7M | 100x | as long as short |
| tradeXYZ xyz:DRAM | +0.0128% | 1h | 62.100 | 0.000% | $81.3M | $35.4M | 20x | as long as short |
| Aster DRAMUSDT | +0.0196% | 8h | 62.120 | +0.032% | $200K | $35K | 20x | as long as short |
| Variational Omni DRAM | +0.0261% | 8h | 62.144 | +0.071% | $2.4M | $748K | — | as long as short |
| BloFin DRAM-USDT | +0.0296% | 8h | 62.190 | +0.145% | $301K | $26K | 20x | as long as short |
| Binance DRAMUSDT | +0.0311% | 8h | 62.109 | +0.014% | $44.6M | $80.4M | 50x | as long as short |
| Extended DRAM-USD | +0.0312% | 1h | 62.090 | −0.016% | $76K | $622K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0313% | 8h | 62.100 | 0.000% | $8.2M | $5.5M | 100x | as long as short |
| Gate DRAM_USDT | +0.0584% | 8h | 62.150 | +0.081% | $8.1M | $3.5M | 75x | as long as short |
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
Entropy io:DRAM
OKX DRAM-USDT-SWAP
Paradex DRAM-USD-PERP
edgeX DRAMUSDC
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Coinbase International DRAM-PERP-INTX
Bybit DRAMUSDT
tradeXYZ xyz:DRAM
Aster DRAMUSDT
Variational Omni DRAM
BloFin DRAM-USDT
Binance DRAMUSDT
Extended DRAM-USD
MEXC DRAM_USDT
Gate DRAM_USDT