Funding you earn now, next payment 09:00 UTC+0.0132%/8h= +14.5% APRnext payment +$0.17 per $10,000 · paid last 24h +0.015%
Price spread now: Lighter against Pacifica−0.103%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.103% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.103% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 2.6 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.106% in total) that is about 6.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica DRAM | 60.814 | 0.0100 | pay 0.0013% / 1h | 57m 58s | $73K | $34K | 10x |
| Short | Lighter DRAM | 60.752 | 0.0232 | get 0.0029% / 1h | 57m 58s | $1.1M | $1.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Pacifica. 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
- $27.72
- Price spread: −0.103% → 0.000%
- −$10.27
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $9.45
- Costs to cover
- 0.080%
- Break-even
- 4.6 days
Slippage unknown: Pacifica: 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 3 min ago | 0.74 bp | 0.8 bp −$1 | 3.1 bp −$31 | 39.4 bp −$3,942 | doesn't fit |
Pacifica: 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 | −0.0761% | 8h | 60.740 | −0.122% | $26.5M | $15.2M | 20x | as long as short |
| Entropy io:DRAM | −0.0260% | 1h | 60.806 | −0.014% | $179K | $480K | 25x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.787 | −0.045% | $195K | $39K | 20x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.801 | −0.022% | $421K | $339K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 60.750 | −0.106% | $7.9M | $3.6M | 75x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.847 | +0.053% | $2.3M | $589K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.872 | +0.094% | $36K | $209K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.790 | −0.040% | $962 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.870 | +0.091% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.750 | −0.106% | $1.7M | $1.3M | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended DRAM-USD | +0.0008% | 1h | 60.741 | −0.121% | $74K | $198K | 10x | as long as short |
| Binance DRAMUSDT | +0.0011% | 8h | 60.757 | −0.094% | $43.7M | $89.1M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0011% | 8h | 60.740 | −0.122% | $8.4M | $5.4M | 100x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0014% | 8h | 60.770 | −0.073% | $5.4M | $6.0M | 50x | as long as short |
| Aftermath Perps DRAMUSD | +0.0039% | 1h | 60.787 | −0.046% | $1K | $29K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.800 | −0.024% | $47K | $67K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.570 | −0.402% | — | — | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0050% | 1h | 60.722 | −0.152% | $78.7M | $35.8M | 20x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.803 | −0.019% | $253K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.770 | −0.073% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.740 | −0.122% | $1.1M | $3.5M | 10x | as long as short |
| QFEX DRAM-USD | +0.0053% | 1h | 60.840 | +0.042% | $992K | $84K | 10x | as long as short |
| BloFin DRAM-USDT | +0.0063% | 8h | 60.850 | +0.058% | $298K | $26K | 20x | as long as short |
| edgeX DRAMUSDC | +0.0067% | 4h | 60.866 | +0.085% | $148K | $299K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0079% | 1h | 60.780 | −0.057% | $13K | $3K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0099% | 8h | 60.818 | +0.005% | — | — | 5x | as long as short |
| Pacifica DRAMlong | +0.0100% | 1h | 60.814 | long leg | $73K | $34K | 10x | |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.740 | −0.122% | $3.0M | $419K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.890 | +0.124% | $21K | $183K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.800 | −0.024% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.786 | −0.046% | $4K | — | 10x | as long as short |
| Bybit DRAMUSDT | +0.0228% | 8h | 60.776 | −0.063% | $9.6M | $10.5M | 100x | as long as short |
| Lighter DRAMshort | +0.0232% | 1h | 60.752 | −0.103% | $1.1M | $1.2M | 20x | |
| Coinbase International DRAM-PERP-INTX | +0.0248% | 1h | 60.750 | −0.106% | $521K | $75K | 20x | as long as short |
Pacifica DRAM
Lighter DRAM
Bitget DRAMUSDT
Aster DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
Variational Omni DRAM
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
OKX DRAM-USDT-SWAP
Aftermath Perps DRAMUSD
tradeXYZ xyz:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
BloFin DRAM-USDT
edgeX DRAMUSDC
Deribit DRAM_USDC-PERPETUAL
Paradex DRAM-USD-PERP
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Bybit DRAMUSDT
Coinbase International DRAM-PERP-INTX