Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.034%
Price spread now: Lighter against Vest+0.101%46s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.101% dearer against Vest than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest DRAM-USD-PERP61.3700.0046pay 0.0006% / 1h55m 34s10x
ShortLighter DRAM61.4320.0160get 0.0020% / 1h55m 34s$1.1M$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Vest. 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

Funding earned
$24.01
Price spread: +0.101% → 0.000%
$10.1
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Lighter: 0 bp × 2 orders
$0
Net
$32.11
Costs to cover
0.020%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Lighter: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Vest no order-book sample
Sell Lighter live order book, 4 min ago1.38 bp1.7 bp −$23.1 bp −$3159.8 bp −$5,982doesn't fit
Vest: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DRAMUSDT0.0000%8h61.467+0.158%$9.6M$11.2M100xas long as short
Bitget DRAMUSDT0.0000%8h61.440+0.114%$26.8M$16.9M20xas long as short
SunX DRAM-USDT0.0000%8h61.400+0.049%$709$2.4M10xas long as short
HTX DRAM-USDT0.0000%8h61.310−0.098%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.400+0.049%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0031%1h61.305−0.105%$1K$27K5xas long as short
Arcus DRAM-USD+0.0040%1h61.390+0.033%$60K$81K10xas long as short
Vest DRAM-USD-PERPlong+0.0046%1h61.370long leg10x
Polymarket Perps DRAM-USD+0.0050%1h61.372+0.003%$256K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.393+0.037%$2K$15K20xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps DRAM-USD.P+0.0050%1h61.330−0.065%$1.1M$3.6M10xas long as short
QFEX DRAM-USD+0.0057%1h61.470+0.163%$1.0M$97K10xas long as short
edgeX DRAMUSDC+0.0062%4h61.351−0.030%$149K$298K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0076%1h61.3700.000%$13K$3K20xas long as short
Pacifica DRAM+0.0100%1h61.440+0.114%$74K$30K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.360−0.016%$3.0M$417K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.360−0.016%$21K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.390+0.033%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.382+0.019%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0131%8h61.443+0.120%5xas long as short
Gate DRAM_USDT+0.0137%8h61.440+0.114%$8.0M$3.7M75xas long as short
tradeXYZ xyz:DRAM+0.0137%1h61.421+0.083%$79.7M$38.3M20xas long as short
Lighter DRAMshort+0.0160%1h61.432+0.101%$1.1M$1.4M20x
OKX DRAM-USDT-SWAP+0.0170%8h61.440+0.114%$5.5M$6.7M50xas long as short
Aster DRAMUSDT+0.0209%8h61.3700.000%$196K$28K20xas long as short
Coinbase International DRAM-PERP-INTX+0.0232%1h61.330−0.065%$537K$91K20xas long as short
Variational Omni DRAM+0.0250%8h61.369−0.001%$2.2M$688Kas long as short
Extended DRAM-USD+0.0304%1h61.416+0.075%$100K$298K10xas long as short
MEXC DRAM_USDT+0.0305%8h61.420+0.081%$9.0M$5.4M100xas long as short
Binance DRAMUSDT+0.0308%8h61.436+0.108%$44.6M$97.3M50xas long as short
RISEx DRAM/USDC+0.0600%1h61.379+0.014%$461K$370K20xas long as short
BloFin DRAM-USDT+0.0665%8h61.390+0.033%$305K$27K20xas long as short
GRVT DRAM_USDT_Perp+0.0732%8h61.3700.000%$37K$219K10xas long as short
Entropy io:DRAM+0.0746%1h61.340−0.049%$333K$1.7M25xas long as short