DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.08 per $10,000 · paid last 24h +0.023%

Price spread now: RISEx against Lighter−0.006%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$11as in the Price arb table

costs, in and out, $10k−$90.094% of the position

Long on Lighter Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.009%+$1 on $10k

Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.006%, 7d avg +0.008%

Together, before fees+0.052%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter DRAM	61.727	0.0320	pay 0.0040% / 1h	49m 35s	$992K	$1.2M	20x
Short	RISEx DRAM/USDC	61.723	0.0257	get 0.0032% / 1h	49m 35s	$480K	$442K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.006%Rate

Funding earned: −$13.31
Price spread: −0.006% → +0.008%: −$1.36
Slippage, 4 orders: −$3.4
Fee Lighter: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$24.07
Costs to cover: 0.094%
Break-even: never at this rate

Slippage from Lighter: live order book, 1 min ago; RISEx: live order book, 34 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, 1 min ago	0.65 bp	0.7 bp −$1	1.3 bp −$13	22.8 bp −$2,282	doesn't fit
Sell RISEx live order book, 34 min ago	0.89 bp	3.9 bp −$4	5.0 bp −$50	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
Gate DRAM_USDT	0.0000%	8h	61.720	−0.011%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.720	−0.011%	$580	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.660	−0.109%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.730	+0.005%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0024%	4h	61.712	−0.024%	$153K	$289K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	61.648	−0.127%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.660	−0.109%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.682	−0.073%	$253K	$503K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.707	−0.032%	$204K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.725	−0.003%	$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	61.640	−0.141%	$1.2M	$1.7M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	61.690	−0.060%	$1.0M	$77K	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0079%	8h	61.730	+0.005%	$5.4M	$4.6M	50x	as long as short
Aster DRAMUSDT	+0.0091%	8h	61.728	+0.001%	$198K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0091%	8h	61.720	−0.011%	$26.0M	$12.5M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.727	0.000%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.690	−0.060%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.700	−0.044%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.710	−0.028%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.737	+0.016%	$4K	—	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0138%	8h	61.670	−0.092%	$36K	$189K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0149%	8h	61.713	−0.022%	—	—	5x	as long as short
Bybit DRAMUSDT	+0.0164%	8h	61.767	+0.065%	$9.3M	$10.3M	100x	as long as short
Variational Omni DRAM	+0.0172%	8h	61.710	−0.028%	$2.4M	$969K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.238%	$510K	$44K	20x	as long as short
Binance DRAMUSDT	+0.0222%	8h	61.711	−0.026%	$43.7M	$82.7M	50x	as long as short
MEXC DRAM_USDT	+0.0222%	8h	61.710	−0.028%	$11.1M	$6.4M	100x	as long as short
Extended DRAM-USD	+0.0224%	1h	61.706	−0.034%	$102K	$741K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0236%	1h	61.720	−0.011%	$13K	$9K	20x	as long as short
RISEx DRAM/USDCshort	+0.0257%	1h	61.723	−0.006%	$480K	$442K	20x
BloFin DRAM-USDT	+0.0313%	8h	61.700	−0.044%	$295K	$27K	20x	as long as short
Lighter DRAMlong	+0.0320%	1h	61.727	long leg	$992K	$1.2M	20x
tradeXYZ xyz:DRAM	+0.0348%	1h	61.705	−0.036%	$79.2M	$39.8M	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.710	−0.028%	$50K	$93K	10x	as long as short