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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0061%/8h= +6.7% APRnext payment +$0.08 per $10,000 · paid last 24h −0.009%
Price spread now: Lighter against Entropy+0.084%7-day average −0.003% · you sell dearer than you buy
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)−0.017%−$2 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now +0.084%, 7d avg −0.003%
Together, before fees−0.017%+ Points / potential airdropLighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.086% dearer against Entropy than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:DRAM62.2030.0059pay 0.0007% / 1h32m 08s$253K$419K25x
ShortLighter DRAM62.2550.0120get 0.0015% / 1h32m 08s$967K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Entropy. 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
$12.81
Price spread: +0.084% → −0.003%
$8.65
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee Lighter: 0 bp × 2 orders
$0
Net
$3.45
Costs to cover
0.180%
Break-even
5.1 days
Slippage unknown: Entropy: live order book, 3 min ago; 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 Entropy live order book, 3 min ago2.49 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 4 min ago0.40 bp0.7 bp −$12.9 bp −$2960.5 bp −$6,050doesn't fit

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
RISEx DRAM/USDC0.0000%1h62.265+0.100%$442K$506K20xas long as short
SunX DRAM-USDT0.0000%8h62.270+0.108%$766$2.8M10xas long as short
HTX DRAM-USDT0.0000%8h62.240+0.059%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.270+0.108%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0029%1h62.236+0.053%$1K$33K5xas long as short
Arcus DRAM-USD+0.0040%1h62.230+0.043%$51K$81K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.200−0.005%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.234+0.050%$266K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.258+0.088%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.190−0.021%$1.1M$2.1M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX DRAM-USD+0.0055%1h62.250+0.076%$1.0M$78K10xas long as short
Entropy io:DRAMlong+0.0059%1h62.203long leg$253K$419K25x
edgeX DRAMUSDC+0.0087%4h62.235+0.051%$151K$297K20xas long as short
Bitget DRAMUSDT+0.0088%8h62.270+0.108%$26.2M$13.2M20xas long as short
Pacifica DRAM+0.0100%1h62.275+0.116%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.250+0.076%$3.0M$402K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.190−0.021%$22K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.290+0.140%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.283+0.129%$4K10xas long as short
Lighter DRAMshort+0.0120%1h62.255+0.084%$967K$1.0M20x
Paradex DRAM-USD-PERP+0.0138%8h62.253+0.081%5xas long as short
GRVT DRAM_USDT_Perp+0.0169%8h62.246+0.069%$36K$157K10xas long as short
tradeXYZ xyz:DRAM+0.0178%1h62.245+0.068%$81.8M$37.1M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h62.040−0.262%$534K$76K20xas long as short
OKX DRAM-USDT-SWAP+0.0196%8h62.280+0.124%$5.5M$4.5M50xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0232%1h62.240+0.059%$13K$3K20xas long as short
Bybit DRAMUSDT+0.0273%8h62.306+0.166%$9.7M$10.1M100xas long as short
Aster DRAMUSDT+0.0400%8h62.278+0.121%$200K$36K20xas long as short
Variational Omni DRAM+0.0488%8h62.263+0.096%$2.4M$715Kas long as short
Extended DRAM-USD+0.0520%1h62.251+0.077%$75K$669K10xas long as short
Binance DRAMUSDT+0.0520%8h62.270+0.108%$44.7M$81.8M50xas long as short
MEXC DRAM_USDT+0.0521%8h62.260+0.092%$9.2M$5.6M100xas long as short
Gate DRAM_USDT+0.0546%8h62.310+0.172%$8.1M$3.5M75xas long as short
BloFin DRAM-USDT+0.0781%8h62.270+0.108%$302K$26K20xas long as short