DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.09 per $10,000 · paid last 24h +0.002%

Price spread now: tradeXYZ against Lighter−0.044%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$230.231% of the position

Long on Lighter Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.064%−$6 on $10k

Price spread, last 7 days+0.002%$0 · spread now −0.044%, 7d avg −0.040%

Together, before fees−0.062%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.040%, 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	61.094	0.0200	pay 0.0025% / 1h	26m 02s	$1.1M	$1.2M	20x
Short	tradeXYZ xyz:DRAM	61.067	0.0126	get 0.0016% / 1h	26m 02s	$79.1M	$36.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.044%Rate

Funding earned: −$15.48
Price spread: −0.044% → −0.040%: −$0.43
Slippage, 4 orders: −$5.13
Fee Lighter: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$39.04
Costs to cover: 0.231%
Break-even: never at this rate

Slippage from Lighter: live order book, 5 min ago; tradeXYZ: live order book, 4 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	0.82 bp	0.8 bp −$1	1.9 bp −$19	36.7 bp −$3,674	doesn't fit
Sell tradeXYZ live order book, 4 min ago	0.90 bp	10.4 bp −$10	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	−0.0412%	8h	61.160	+0.108%	$25.8M	$14.0M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.040	−0.088%	$423K	$507K	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.140	+0.075%	$36K	$194K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.100	+0.010%	$750	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.950	−0.236%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.140	+0.075%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0012%	8h	61.099	+0.008%	$9.4M	$10.2M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.070	−0.039%	$1K	$31K	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0033%	8h	61.130	+0.059%	$5.4M	$5.4M	50x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.010	−0.137%	$48K	$75K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.060	−0.056%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.070	−0.039%	$995K	$84K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.029	−0.106%	$168K	$469K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.054	−0.065%	$256K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.018	−0.124%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.940	−0.252%	$1.1M	$3.1M	10x	as long as short
Aster DRAMUSDT	+0.0062%	8h	61.093	−0.001%	$197K	$35K	20x	as long as short
edgeX DRAMUSDC	+0.0071%	4h	61.119	+0.041%	$148K	$297K	20x	as long as short
Gate DRAM_USDT	+0.0083%	8h	61.150	+0.092%	$8.0M	$3.7M	75x	as long as short
Paradex DRAM-USD-PERP	+0.0099%	8h	61.040	−0.088%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	61.046	−0.079%	$73K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.050	−0.072%	$3.0M	$406K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.070	−0.039%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.070	−0.039%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.060	−0.056%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0113%	8h	61.095	+0.002%	$2.3M	$676K	—	as long as short
tradeXYZ xyz:DRAMshort	+0.0126%	1h	61.067	−0.044%	$79.1M	$36.0M	20x
BloFin DRAM-USDT	+0.0130%	8h	60.980	−0.187%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0168%	8h	61.111	+0.027%	$43.7M	$85.7M	50x	as long as short
Extended DRAM-USD	+0.0168%	1h	61.074	−0.032%	$76K	$191K	10x	as long as short
MEXC DRAM_USDT	+0.0170%	8h	61.110	+0.026%	$8.1M	$5.6M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.060	−0.056%	$524K	$74K	20x	as long as short
Lighter DRAMlong	+0.0200%	1h	61.094	long leg	$1.1M	$1.2M	20x
Deribit DRAM_USDC-PERPETUAL	+0.0241%	1h	61.080	−0.023%	$13K	$3K	20x	as long as short