DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0230%/8h= +25.1% APRnext payment +$0.29 per $10,000 · paid last 24h +0.020%

Price spread now: Lighter against Ondo Perps0.000%7-day average +0.072% · you sell dearer than you buy

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

Long on Ondo Perps Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.172%+$17 on $10k

Price spread, last 7 days+0.070%+$7 · spread now 0.000%, 7d avg +0.072%

Together, before fees+0.242%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board+$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.072% cheaper against Ondo Perps than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.072%). If the spread goes back, that is −$7 on $10k: about 25 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.172% in total) that is about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps DRAM-USD.P	61.750	0.0050	pay 0.0006% / 1h	17m 36s	$1.2M	$1.7M	10x
Short	Lighter DRAM	61.750	0.0280	get 0.0035% / 1h	17m 36s	$967K	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Ondo Perps. 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 Ondo PerpsbpFee LighterbpOrdersPrice spread, now 0.000%Rate

Funding earned: $48.22
Price spread: 0.000% → +0.072%: −$7.17
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: $36.05
Costs to cover: 0.050%
Break-even: 1.8 days

Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 3 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Lighter live order book, 3 min ago	0.57 bp	0.7 bp −$1	1.9 bp −$19	45.9 bp −$4,589	doesn't fit

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
Gate DRAM_USDT	0.0000%	8h	61.780	+0.049%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.770	+0.032%	$555	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.770	+0.032%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.770	+0.032%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	61.763	+0.022%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.710	−0.065%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.756	+0.010%	$259K	$509K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.765	+0.024%	$210K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.770	+0.032%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.Plong	+0.0050%	1h	61.750	long leg	$1.2M	$1.7M	10x

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0052%	1h	61.750	0.000%	$1.0M	$80K	10x	as long as short
edgeX DRAMUSDC	+0.0062%	4h	61.777	+0.044%	$153K	$289K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.766	+0.026%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.760	+0.016%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.800	+0.081%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.790	+0.065%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.792	+0.068%	$4K	—	10x	as long as short
Aster DRAMUSDT	+0.0108%	8h	61.740	−0.016%	$198K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0114%	8h	61.760	+0.016%	$26.0M	$12.4M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0116%	8h	61.760	+0.016%	$5.4M	$4.6M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0145%	8h	61.807	+0.093%	$36K	$181K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0159%	8h	61.754	+0.006%	—	—	5x	as long as short
Variational Omni DRAM	+0.0196%	8h	61.777	+0.044%	$2.4M	$949K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.275%	$510K	$43K	20x	as long as short
Bybit DRAMUSDT	+0.0229%	8h	61.780	+0.049%	$9.3M	$10.4M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0236%	1h	61.780	+0.049%	$13K	$9K	20x	as long as short
Extended DRAM-USD	+0.0240%	1h	61.738	−0.020%	$77K	$765K	10x	as long as short
Binance DRAMUSDT	+0.0242%	8h	61.750	0.000%	$43.8M	$82.6M	50x	as long as short
MEXC DRAM_USDT	+0.0242%	8h	61.740	−0.016%	$11.2M	$6.4M	100x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.750	0.000%	$455K	$475K	20x	as long as short
Lighter DRAMshort	+0.0280%	1h	61.750	0.000%	$967K	$1.2M	20x
tradeXYZ xyz:DRAM	+0.0303%	1h	61.751	+0.002%	$79.2M	$39.5M	20x	as long as short
BloFin DRAM-USDT	+0.0478%	8h	61.790	+0.065%	$295K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.750	0.000%	$50K	$91K	10x	as long as short