DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0153%/8h= +16.7% APRnext payment +$0.19 per $10,000 · paid last 24h +0.053%

Price spread now: Deribit against Lighter+0.042%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Deribit

What this pair did over the last

the charts below follow

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

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Deribit is 0.042% dearer against Lighter than usual: you sell high and buy low: +$4 more if the spread 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	Lighter DRAM	62.124	0.0080	pay 0.0010% / 1h	50m 40s	$1.0M	$1.1M	20x
Short	Deribit DRAM_USDC-PERPETUAL	62.150	0.0233	get 0.0029% / 1h	50m 40s	$13K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Lighter. 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

Position, each leg$Hold fordaysFee LighterbpFee DeribitbpOrdersPrice spread, now +0.042%Rate

Funding earned: $32.12
Price spread: +0.042% → 0.000%: $4.19
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $29.3
Costs to cover: 0.070%
Break-even: 0.6 days

Slippage unknown: Lighter: live order book, 5 min ago; Deribit: 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, 5 min ago	0.56 bp	0.6 bp −$1	1.7 bp −$17	25.1 bp −$2,510	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

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	−0.024%	$438K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	62.130	+0.010%	$26.0M	$13.4M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.199	+0.121%	$37K	$179K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.170	+0.074%	$1K	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.190	+0.106%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.140	+0.026%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0021%	1h	62.170	+0.075%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	62.150	+0.042%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.140	+0.026%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.130	+0.010%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DRAM-USD	+0.0050%	1h	62.132	+0.013%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.145	+0.034%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.050	−0.119%	$1.1M	$2.3M	10x	as long as short
Entropy io:DRAM	+0.0052%	1h	62.131	+0.011%	$159K	$451K	25x	as long as short
OKX DRAM-USDT-SWAP	+0.0073%	8h	62.130	+0.010%	$5.4M	$4.5M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0077%	8h	62.100	−0.039%	—	—	5x	as long as short
Lighter DRAMlong	+0.0080%	1h	62.124	long leg	$1.0M	$1.1M	20x
edgeX DRAMUSDC	+0.0095%	4h	62.186	+0.099%	$151K	$298K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.117	−0.011%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.090	−0.055%	$3.0M	$394K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.230	+0.171%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.160	+0.058%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.159	+0.056%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	−0.023%	$533K	$75K	20x	as long as short
Bybit DRAMUSDT	+0.0109%	8h	62.140	+0.026%	$9.7M	$9.7M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0128%	1h	62.090	−0.055%	$81.3M	$35.4M	20x	as long as short
Aster DRAMUSDT	+0.0196%	8h	62.141	+0.027%	$200K	$35K	20x	as long as short
Deribit DRAM_USDC-PERPETUALshort	+0.0233%	1h	62.150	+0.042%	$13K	$3K	20x
Variational Omni DRAM	+0.0261%	8h	62.144	+0.032%	$2.4M	$748K	—	as long as short
BloFin DRAM-USDT	+0.0296%	8h	62.190	+0.106%	$301K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0311%	8h	62.112	−0.020%	$44.6M	$80.4M	50x	as long as short
Extended DRAM-USD	+0.0312%	1h	62.096	−0.044%	$76K	$622K	10x	as long as short
MEXC DRAM_USDT	+0.0313%	8h	62.090	−0.055%	$8.2M	$5.5M	100x	as long as short
Gate DRAM_USDT	+0.0584%	8h	62.150	+0.042%	$8.1M	$3.5M	75x	as long as short