Funding you earn now, next payment 03:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h −0.017%
Price spread now: Aevo against Lighter+0.041%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
The price spread pays, funding is against you. Aevo is 0.041% dearer against Lighter than usual: you sell high and buy low (spread +0.041% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 8.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DRAM | 62.251 | 0.0120 | pay 0.0015% / 1h | 31m 13s | $967K | $1.0M | 20x |
| Short | Aevo DRAM-PERP | 62.276 | 0.0104 | get 0.0013% / 1h | 31m 13s | $4K | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Lighter. 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
- −$3.36
- Price spread: +0.041% → 0.000%
- $4.05
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$15.31
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 4 min ago; Aevo: no order-book sample. 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 Lighter live order book, 4 min ago | 0.40 bp | 0.5 bp $0 | 1.3 bp −$13 | 27.0 bp −$2,700 | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx DRAM/USDC | 0.0000% | 1h | 62.258 | +0.010% | $442K | $506K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.260 | +0.014% | $901 | $2.8M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.240 | −0.018% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.270 | +0.031% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0030% | 1h | 62.244 | −0.012% | $1K | $33K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.230 | −0.034% | $51K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.190 | −0.098% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.229 | −0.035% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.261 | +0.016% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.190 | −0.098% | $1.2M | $2.1M | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX DRAM-USD | +0.0055% | 1h | 62.240 | −0.018% | $1.0M | $78K | 10x | as long as short |
| Entropy io:DRAM | +0.0061% | 1h | 62.205 | −0.074% | $253K | $419K | 25x | as long as short |
| edgeX DRAMUSDC | +0.0073% | 4h | 62.261 | +0.016% | $151K | $298K | 20x | as long as short |
| Bitget DRAMUSDT | +0.0086% | 8h | 62.270 | +0.031% | $26.2M | $13.2M | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.265 | +0.022% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.250 | −0.002% | $3.0M | $402K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.190 | −0.098% | $22K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.270 | +0.031% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERPshort | +0.0104% | 1h | 62.276 | +0.041% | $4K | — | 10x | |
| Lighter DRAMlong | +0.0120% | 1h | 62.251 | long leg | $967K | $1.0M | 20x | |
| Paradex DRAM-USD-PERP | +0.0137% | 8h | 62.252 | +0.002% | — | — | 5x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0168% | 8h | 62.280 | +0.047% | $37K | $157K | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0181% | 1h | 62.245 | −0.010% | $81.8M | $37.1M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 62.040 | −0.339% | $534K | $76K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0195% | 8h | 62.270 | +0.031% | $5.5M | $4.5M | 50x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0232% | 1h | 62.240 | −0.018% | $13K | $3K | 20x | as long as short |
| Bybit DRAMUSDT | +0.0273% | 8h | 62.300 | +0.079% | $9.7M | $10.1M | 100x | as long as short |
| Aster DRAMUSDT | +0.0399% | 8h | 62.281 | +0.049% | $200K | $36K | 20x | as long as short |
| Variational Omni DRAM | +0.0488% | 8h | 62.263 | +0.019% | $2.4M | $715K | — | as long as short |
| Binance DRAMUSDT | +0.0520% | 8h | 62.267 | +0.026% | $44.7M | $81.7M | 50x | as long as short |
| Extended DRAM-USD | +0.0520% | 1h | 62.241 | −0.016% | $75K | $669K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0520% | 8h | 62.270 | +0.031% | $9.2M | $5.6M | 100x | as long as short |
| Gate DRAM_USDT | +0.0547% | 8h | 62.310 | +0.095% | $8.1M | $3.5M | 75x | as long as short |
| BloFin DRAM-USDT | +0.0783% | 8h | 62.270 | +0.031% | $302K | $26K | 20x | as long as short |
Lighter DRAM
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
edgeX DRAMUSDC
Bitget DRAMUSDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Paradex DRAM-USD-PERP
GRVT DRAM_USDT_Perp
tradeXYZ xyz:DRAM
Coinbase International DRAM-PERP-INTX
OKX DRAM-USDT-SWAP
Deribit DRAM_USDC-PERPETUAL
Bybit DRAMUSDT
Aster DRAMUSDT
Variational Omni DRAM
Binance DRAMUSDT
Extended DRAM-USD
MEXC DRAM_USDT
Gate DRAM_USDT
BloFin DRAM-USDT