Funding you earn now, next payment 03:00 UTC+0.0612%/8h= +67.0% APRpaid last 24h +0.053%
Price spread now: BloFin against Lighter−0.006%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$210.208% of the position
Funding, last 7 days−0.109%−$11 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.006%, 7d avg +0.009%
=Together, before fees−0.120%+ Points / potential airdropLighter: Season 3 · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.109%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.109% in total (about -5.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DRAM | 62.374 | 0.0096 | pay 0.0012% / 1h | 11m 04s | $969K | $1.0M | 20x |
| Short | BloFin DRAM-USDT | 62.370 | 0.0708 | get 0.0708% / 8h | 5h 11m | $302K | $26K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $128.47
- Price spread: −0.006% → +0.009%
- −$1.53
- Slippage, 4 orders
- −$8.84
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $106.1
- Costs to cover
- 0.208%
- Break-even
- 1.2 days
Slippage from Lighter: live order book, 5 min ago; BloFin: live order book, 29 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 Lighter live order book, 5 min ago | 0.72 bp | 0.9 bp −$1 | 1.9 bp −$19 | 33.4 bp −$3,340 | doesn't fit |
| Sell BloFin live order book, 29 min ago | 2.41 bp | 9.7 bp −$10 | 14.0 bp −$140 | 48.4 bp −$4,843 | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx DRAM/USDC | 0.0000% | 1h | 62.360 | −0.022% | $442K | $501K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.360 | −0.022% | $799 | $2.7M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.360 | −0.022% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.390 | +0.026% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0028% | 1h | 62.340 | −0.055% | $1K | $33K | 5x | as long as short |
| edgeX DRAMUSDC | +0.0030% | 4h | 62.388 | +0.022% | $151K | $296K | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.340 | −0.055% | $51K | $80K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.330 | −0.071% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.338 | −0.058% | $267K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.375 | +0.002% | $2K | $15K | 20x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.300 | −0.119% | $1.1M | $2.1M | 10x | as long as short |
| QFEX DRAM-USD | +0.0055% | 1h | 62.340 | −0.055% | $1.0M | $78K | 10x | as long as short |
| Bitget DRAMUSDT | +0.0086% | 8h | 62.380 | +0.010% | $26.3M | $13.2M | 20x | as long as short |
| Entropy io:DRAM | +0.0088% | 1h | 62.318 | −0.090% | $246K | $414K | 25x | as long as short |
| Lighter DRAMlong | +0.0096% | 1h | 62.374 | long leg | $969K | $1.0M | 20x | |
| Pacifica DRAM | +0.0100% | 1h | 62.372 | −0.003% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.350 | −0.038% | $3.0M | $389K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.340 | −0.055% | $22K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.400 | +0.042% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.392 | +0.029% | $4K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0122% | 8h | 62.365 | −0.015% | — | — | 5x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0142% | 8h | 62.400 | +0.041% | $37K | $162K | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0176% | 8h | 62.390 | +0.026% | $5.5M | $4.4M | 50x | as long as short |
| tradeXYZ xyz:DRAM | +0.0177% | 1h | 62.366 | −0.013% | $81.8M | $36.6M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 62.040 | −0.535% | $534K | $74K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0231% | 1h | 62.370 | −0.006% | $13K | $3K | 20x | as long as short |
| Bybit DRAMUSDT | +0.0248% | 8h | 62.416 | +0.067% | $9.7M | $10.0M | 100x | as long as short |
| Aster DRAMUSDT | +0.0371% | 8h | 62.395 | +0.033% | $201K | $36K | 20x | as long as short |
| Variational Omni DRAM | +0.0449% | 8h | 62.353 | −0.034% | $2.4M | $717K | — | as long as short |
| Binance DRAMUSDT | +0.0488% | 8h | 62.384 | +0.016% | $44.9M | $81.2M | 50x | as long as short |
| Extended DRAM-USD | +0.0488% | 1h | 62.358 | −0.026% | $76K | $637K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0490% | 8h | 62.370 | −0.006% | $9.2M | $5.6M | 100x | as long as short |
| Gate DRAM_USDT | +0.0555% | 8h | 62.420 | +0.074% | $8.2M | $3.6M | 75x | as long as short |
| BloFin DRAM-USDTshort | +0.0708% | 8h | 62.370 | −0.006% | $302K | $26K | 20x |
Lighter DRAM
BloFin DRAM-USDT
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
edgeX DRAMUSDC
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Bitget DRAMUSDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Paradex DRAM-USD-PERP
GRVT DRAM_USDT_Perp
OKX DRAM-USDT-SWAP
tradeXYZ xyz:DRAM
Coinbase International DRAM-PERP-INTX
Deribit DRAM_USDC-PERPETUAL
Bybit DRAMUSDT
Aster DRAMUSDT
Variational Omni DRAM
Binance DRAMUSDT
Extended DRAM-USD
MEXC DRAM_USDT
Gate DRAM_USDT