Funding you earn now, next payment 10:00 UTC−0.0198%/8h= −21.6% APRnext payment −$0.25 per $10,000 · paid last 24h −0.031%
Price spread now: Ondo Perps against Lighter−0.151%7-day average −0.073% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.171%−$17 on $10k
+Price spread, last 7 days−0.255%−$26 · spread now −0.151%, 7d avg −0.073%
=Together, before fees−0.426%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board−$43 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Ondo Perps is 0.078% cheaper against Lighter than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.073%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DRAM | 60.872 | 0.0248 | pay 0.0031% / 1h | 58m 53s | $1.1M | $1.3M | 20x |
| Short | Ondo Perps DRAM-USD.P | 60.780 | 0.0050 | get 0.0006% / 1h | 58m 53s | $1.1M | $3.5M | 10x |
Lighter DRAM
Ondo Perps DRAM-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- −$41.5
- Price spread: −0.151% → −0.073%
- −$7.82
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$54.31
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 2 min ago; Ondo Perps: 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, 2 min ago | 0.74 bp | 0.8 bp −$1 | 2.6 bp −$26 | 22.4 bp −$2,239 | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0354% | 8h | 60.920 | +0.079% | $26.6M | $15.2M | 20x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.910 | +0.062% | $195K | $27K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.880 | +0.013% | $780 | $2.5M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.800 | −0.118% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.870 | −0.003% | $1.7M | $1.3M | 10x | as long as short |
| Variational Omni DRAM | +0.0018% | 8h | 60.794 | −0.129% | $2.2M | $736K | — | as long as short |
| edgeX DRAMUSDC | +0.0032% | 4h | 60.828 | −0.072% | $147K | $300K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0040% | 1h | 60.772 | −0.164% | $1K | $28K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.840 | −0.053% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.768 | −0.171% | $1.0M | $1.0M | 25x | as long as short |
Bitget DRAMUSDT
Aster DRAMUSDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Variational Omni DRAM
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Vest DRAM-USD-PERP
Entropy io:DRAMShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX DRAM-USD | +0.0050% | 1h | 60.870 | −0.003% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.Pshort | +0.0050% | 1h | 60.780 | −0.151% | $1.1M | $3.5M | 10x | |
| QFEX DRAM-USD | +0.0053% | 1h | 60.880 | +0.013% | $992K | $94K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0073% | 8h | 60.910 | +0.062% | $8.8M | $5.5M | 100x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0073% | 8h | 60.940 | +0.112% | $5.4M | $6.4M | 50x | as long as short |
| Binance DRAMUSDT | +0.0085% | 8h | 60.908 | +0.059% | $44.2M | $92.2M | 50x | as long as short |
| Extended DRAM-USD | +0.0088% | 1h | 60.903 | +0.051% | $74K | $259K | 10x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.842 | −0.049% | $73K | $30K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.830 | −0.069% | $3.0M | $410K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.810 | −0.102% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.890 | +0.030% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.883 | +0.019% | $4K | — | 10x | as long as short |
| RISEx DRAM/USDC | +0.0107% | 1h | 60.862 | −0.016% | $416K | $339K | 20x | as long as short |
| Polymarket Perps DRAM-USD | +0.0136% | 1h | 60.868 | −0.007% | $253K | $1.3M | 10x | as long as short |
| Gate DRAM_USDT | +0.0169% | 8h | 60.910 | +0.062% | $7.9M | $3.6M | 75x | as long as short |
| Bybit DRAMUSDT | +0.0184% | 8h | 60.934 | +0.102% | $9.6M | $10.6M | 100x | as long as short |
| tradeXYZ xyz:DRAM | +0.0207% | 1h | 60.865 | −0.011% | $79.4M | $36.5M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0213% | 8h | 60.844 | −0.046% | — | — | 5x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0243% | 1h | 60.860 | −0.020% | $13K | $3K | 20x | as long as short |
| Lighter DRAMlong | +0.0248% | 1h | 60.872 | long leg | $1.1M | $1.3M | 20x | |
| Coinbase International DRAM-PERP-INTX | +0.0280% | 1h | 60.100 | −1.268% | $527K | $87K | 20x | as long as short |
| BloFin DRAM-USDT | +0.0283% | 8h | 60.880 | +0.013% | $298K | $26K | 20x | as long as short |
| Arcus DRAM-USD | +0.0540% | 1h | 60.860 | −0.020% | $48K | $68K | 10x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0685% | 8h | 60.840 | −0.052% | $36K | $214K | 10x | as long as short |
SoDEX DRAM-USD
QFEX DRAM-USD
MEXC DRAM_USDT
OKX DRAM-USDT-SWAP
Binance DRAMUSDT
Extended DRAM-USD
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
RISEx DRAM/USDC
Polymarket Perps DRAM-USD
Gate DRAM_USDT
Bybit DRAMUSDT
tradeXYZ xyz:DRAM
Paradex DRAM-USD-PERP
Deribit DRAM_USDC-PERPETUAL
Coinbase International DRAM-PERP-INTX
BloFin DRAM-USDT
Arcus DRAM-USD
GRVT DRAM_USDT_Perp