Funding you earn now, next payment 09:00 UTC−0.0174%/8h= −19.1% APRnext payment −$0.22 per $10,000 · paid last 24h −0.031%
Price spread now: Polymarket Perps against Lighter−0.091%7-day average −0.055% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.184%−$18 on $10k
+Price spread, last 7 days+0.112%+$11 · spread now −0.091%, 7d avg −0.055%
=Together, before fees−0.072%+ Points / potential airdropLighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Polymarket Perps is 0.036% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.055%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DRAM | 60.609 | 0.0224 | pay 0.0028% / 1h | 48m 25s | $1.1M | $1.2M | 20x |
| Short | Polymarket Perps DRAM-USD | 60.554 | 0.0050 | get 0.0006% / 1h | 48m 25s | $252K | $1.3M | 10x |
Lighter DRAM
Polymarket Perps DRAM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket 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
- −$36.54
- Price spread: −0.091% → −0.055%
- −$3.62
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$48.16
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 2 min ago; Polymarket Perps: live order book, just now. 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 | 0.91 bp | 1.0 bp −$1 | 3.1 bp −$31 | 49.8 bp −$4,981 | doesn't fit |
| Sell Polymarket Perps live order book, just now | 1016.95 bp | doesn't fit | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0716% | 8h | 60.630 | +0.035% | $26.4M | $15.1M | 20x | as long as short |
| Entropy io:DRAM | −0.0074% | 1h | 60.590 | −0.031% | $177K | $469K | 25x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.585 | −0.040% | $194K | $39K | 20x | as long as short |
| Extended DRAM-USD | 0.0000% | 1h | 60.595 | −0.023% | $76K | $218K | 10x | as long as short |
| Binance DRAMUSDT | 0.0000% | 8h | 60.620 | +0.018% | $43.6M | $89.4M | 50x | as long as short |
| Bybit DRAMUSDT | 0.0000% | 8h | 60.620 | +0.018% | $9.6M | $10.4M | 100x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.595 | −0.023% | $418K | $338K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 60.620 | +0.018% | $7.9M | $3.6M | 75x | as long as short |
| MEXC DRAM_USDT | 0.0000% | 8h | 60.610 | +0.002% | $8.4M | $5.4M | 100x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.635 | +0.043% | $2.3M | $584K | — | as long as short |
Bitget DRAMUSDT
Entropy io:DRAM
Aster DRAMUSDT
Extended DRAM-USD
Binance DRAMUSDT
Bybit DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
MEXC DRAM_USDT
Variational Omni DRAMShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.632 | +0.038% | $36K | $209K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.620 | +0.018% | $860 | $2.5M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.520 | −0.147% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.640 | +0.051% | $1.7M | $1.3M | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0001% | 8h | 60.630 | +0.035% | $5.4M | $6.1M | 50x | as long as short |
| BloFin DRAM-USDT | +0.0010% | 8h | 60.630 | +0.035% | $298K | $25K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0038% | 1h | 60.596 | −0.022% | $1K | $29K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.590 | −0.031% | $47K | $67K | 10x | as long as short |
| edgeX DRAMUSDC | +0.0046% | 4h | 60.606 | −0.005% | $147K | $299K | 20x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.570 | −0.064% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USDshort | +0.0050% | 1h | 60.554 | −0.091% | $252K | $1.3M | 10x | |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.600 | −0.015% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.550 | −0.097% | $1.1M | $3.5M | 10x | as long as short |
| QFEX DRAM-USD | +0.0053% | 1h | 60.580 | −0.048% | $987K | $84K | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0080% | 1h | 60.580 | −0.048% | $12K | $3K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0089% | 1h | 60.586 | −0.038% | $78.3M | $35.0M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0096% | 8h | 60.585 | −0.040% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.558 | −0.084% | $73K | $34K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.570 | −0.064% | $3.0M | $404K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.620 | +0.018% | $21K | $182K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.580 | −0.048% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.558 | −0.084% | $4K | — | 10x | as long as short |
| Lighter DRAMlong | +0.0224% | 1h | 60.609 | long leg | $1.1M | $1.2M | 20x | |
| Coinbase International DRAM-PERP-INTX | +0.0248% | 1h | 60.590 | −0.031% | $532K | $86K | 20x | as long as short |
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
OKX DRAM-USDT-SWAP
BloFin DRAM-USDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
edgeX DRAMUSDC
Vest DRAM-USD-PERP
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
QFEX DRAM-USD
Deribit DRAM_USDC-PERPETUAL
tradeXYZ xyz:DRAM
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Coinbase International DRAM-PERP-INTX