Funding you earn now, next payment 06:00 UTC+0.0144%/8h= +15.7% APRpaid last 24h +0.021%
Price spread now: Lighter against edgeX+0.198%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costs+$4as in the Price arb table
costs, in and out, $10k−$160.158% of the position
Funding, last 7 days+0.179%+$18 on $10k
+Price spread, last 4 days (all we have)−0.242%−$24 · spread now +0.198%, 7d avg +0.001%
=Together, before fees−0.064%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.197% dearer against edgeX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX DRAMUSDC | 61.124 | 0.0096 | pay 0.0048% / 4h | 2h 13m | $148K | $299K | 20x |
| Short | Lighter DRAM | 61.245 | 0.0240 | get 0.0030% / 1h | 13m 04s | $1.1M | $1.2M | 20x |
edgeX DRAMUSDC
Lighter DRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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
- $30.2
- Price spread: +0.198% → +0.001%
- $19.69
- Slippage, 4 orders
- −$6.78
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $34.1
- Costs to cover
- 0.158%
- Break-even
- from the start
Slippage from edgeX: live order book, 35 min ago; Lighter: live order book, 3 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 edgeX live order book, 35 min ago | 2.43 bp | 7.2 bp −$7 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 0.65 bp | 0.9 bp −$1 | 2.2 bp −$22 | 46.0 bp −$4,595 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0525% | 8h | 61.270 | +0.239% | $25.9M | $14.2M | 20x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 61.270 | +0.239% | $424K | $507K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.142 | +0.030% | $36K | $196K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.240 | +0.190% | $777 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.140 | +0.026% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.240 | +0.190% | $1.7M | $1.3M | 10x | as long as short |
| Bybit DRAMUSDT | +0.0009% | 8h | 61.296 | +0.281% | $9.4M | $10.2M | 100x | as long as short |
| Gate DRAM_USDT | +0.0011% | 8h | 61.290 | +0.272% | $8.0M | $3.7M | 75x | as long as short |
| Aftermath Perps DRAMUSD | +0.0027% | 1h | 61.187 | +0.103% | $1K | $31K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.170 | +0.075% | $48K | $69K | 10x | as long as short |
Bitget DRAMUSDT
RISEx DRAM/USDC
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Bybit DRAMUSDT
Gate DRAM_USDT
Aftermath Perps DRAMUSD
Arcus DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DRAM-USDT-SWAP | +0.0043% | 8h | 61.260 | +0.222% | $5.4M | $5.6M | 50x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.210 | +0.141% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0050% | 1h | 61.260 | +0.222% | $997K | $84K | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.229 | +0.172% | $254K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.245 | +0.198% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.200 | +0.124% | $1.1M | $3.3M | 10x | as long as short |
| Aster DRAMUSDT | +0.0060% | 8h | 61.246 | +0.199% | $197K | $35K | 20x | as long as short |
| Entropy io:DRAM | +0.0078% | 1h | 61.159 | +0.057% | $169K | $470K | 25x | as long as short |
| edgeX DRAMUSDClong | +0.0096% | 4h | 61.124 | long leg | $148K | $299K | 20x | |
| Pacifica DRAM | +0.0100% | 1h | 61.202 | +0.128% | $73K | $49K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.190 | +0.108% | $3.0M | $409K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.120 | −0.007% | $21K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.240 | +0.190% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.235 | +0.181% | $4K | — | 10x | as long as short |
| Variational Omni DRAM | +0.0106% | 8h | 61.115 | −0.015% | $2.3M | $670K | — | as long as short |
| Paradex DRAM-USD-PERP | +0.0116% | 8h | 61.272 | +0.241% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0143% | 1h | 61.234 | +0.180% | $79.3M | $36.1M | 20x | as long as short |
| BloFin DRAM-USDT | +0.0154% | 8h | 61.250 | +0.206% | $300K | $26K | 20x | as long as short |
| MEXC DRAM_USDT | +0.0166% | 8h | 61.230 | +0.173% | $8.1M | $5.7M | 100x | as long as short |
| Extended DRAM-USD | +0.0168% | 1h | 61.223 | +0.162% | $76K | $188K | 10x | as long as short |
| Binance DRAMUSDT | +0.0168% | 8h | 61.253 | +0.211% | $43.8M | $86.5M | 50x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 61.110 | −0.023% | $525K | $75K | 20x | as long as short |
| Lighter DRAMshort | +0.0240% | 1h | 61.245 | +0.198% | $1.1M | $1.2M | 20x | |
| Deribit DRAM_USDC-PERPETUAL | +0.0403% | 1h | 61.250 | +0.206% | $13K | $3K | 20x | as long as short |
OKX DRAM-USDT-SWAP
Vest DRAM-USD-PERP
QFEX DRAM-USD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
Aster DRAMUSDT
Entropy io:DRAM
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Variational Omni DRAM
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
BloFin DRAM-USDT
MEXC DRAM_USDT
Extended DRAM-USD
Binance DRAMUSDT
Coinbase International DRAM-PERP-INTX
Deribit DRAM_USDC-PERPETUAL