DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.002%

Price spread now: Lighter against tradeXYZ+0.027%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$210.215% of the position

Long on tradeXYZ Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.068%+$7 on $10k

Price spread, last 7 days−0.005%−$1 · spread now +0.027%, 7d avg +0.041%

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

The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.068%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:DRAM	62.379	0.0174	pay 0.0022% / 1h	2m 50s	$81.9M	$36.0M	20x
Short	Lighter DRAM	62.396	0.0088	get 0.0011% / 1h	2m 50s	$970K	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against tradeXYZ. 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 tradeXYZbpFee LighterbpOrdersPrice spread, now +0.027%Rate

Funding earned: −$18.07
Price spread: +0.027% → +0.041%: −$1.35
Slippage, 4 orders: −$3.45
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Lighter: 0 bp × 2 orders: $0
Net: −$40.87
Costs to cover: 0.215%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 7 min ago; Lighter: live order book, 3 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 tradeXYZ live order book, 7 min ago	0.56 bp	10.3 bp −$10	12.2 bp −$122	doesn't fit	doesn't fit
Sell Lighter live order book, 3 min ago	0.72 bp	0.7 bp −$1	1.5 bp −$15	64.3 bp −$6,433	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
RISEx DRAM/USDC	0.0000%	1h	62.377	−0.002%	$443K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.390	+0.018%	$659	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.370	−0.014%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.410	+0.050%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0027%	1h	62.355	−0.039%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.360	−0.030%	$51K	$80K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.350	−0.046%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.363	−0.026%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.391	+0.019%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.330	−0.079%	$1.1M	$2.2M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0055%	1h	62.360	−0.030%	$1.0M	$78K	10x	as long as short
edgeX DRAMUSDC	+0.0060%	4h	62.403	+0.038%	$151K	$298K	20x	as long as short
Lighter DRAMshort	+0.0088%	1h	62.396	+0.027%	$970K	$1.0M	20x
Entropy io:DRAM	+0.0094%	1h	62.347	−0.051%	$246K	$413K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	62.350	−0.047%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.380	+0.002%	$3.0M	$389K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.440	+0.098%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.410	+0.050%	$9K	—	10x	as long as short
Bitget DRAMUSDT	+0.0104%	8h	62.410	+0.050%	$26.3M	$13.2M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.405	+0.042%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0118%	8h	62.378	−0.002%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0127%	8h	62.412	+0.053%	$37K	$163K	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0169%	8h	62.410	+0.050%	$5.5M	$4.4M	50x	as long as short
tradeXYZ xyz:DRAMlong	+0.0174%	1h	62.379	long leg	$81.9M	$36.0M	20x
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.543%	$534K	$74K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.390	+0.018%	$13K	$3K	20x	as long as short
Bybit DRAMUSDT	+0.0243%	8h	62.430	+0.082%	$9.7M	$10.0M	100x	as long as short
Aster DRAMUSDT	+0.0359%	8h	62.419	+0.063%	$201K	$36K	20x	as long as short
Variational Omni DRAM	+0.0441%	8h	62.393	+0.022%	$2.4M	$717K	—	as long as short
Binance DRAMUSDT	+0.0477%	8h	62.412	+0.053%	$44.9M	$80.9M	50x	as long as short
MEXC DRAM_USDT	+0.0479%	8h	62.400	+0.034%	$9.3M	$5.6M	100x	as long as short
Extended DRAM-USD	+0.0480%	1h	62.380	+0.001%	$76K	$637K	10x	as long as short
Gate DRAM_USDT	+0.0573%	8h	62.440	+0.098%	$8.2M	$3.6M	75x	as long as short
BloFin DRAM-USDT	+0.0684%	8h	62.400	+0.034%	$302K	$26K	20x	as long as short