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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0232%/8h= +25.4% APRnext payment +$0.29 per $10,000 · paid last 24h +0.014%
Price spread now: Lighter against Aevo+0.024%7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Lighter is 0.024% dearer against Aevo than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo DRAM-PERP60.8520.0104pay 0.0013% / 1h3m 39s$4K10x
ShortLighter DRAM60.8660.0336get 0.0042% / 1h3m 39s$1.1M$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aevo. 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
$48.72
Price spread: +0.024% → 0.000%
$2.36
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Lighter: 0 bp × 2 orders
$0
Net
$35.08
Costs to cover
0.160%
Break-even
2.0 days
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 2 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 Aevo no order-book sample
Sell Lighter live order book, 2 min ago0.90 bp0.9 bp −$13.4 bp −$3444.4 bp −$4,442doesn't fit
Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DRAMUSDT−0.0764%8h60.910+0.096%$26.6M$15.1M20xas long as short
Aster DRAMUSDT0.0000%8h60.864+0.020%$195K$39K20xas long as short
RISEx DRAM/USDC0.0000%1h60.864+0.020%$421K$339K20xas long as short
Gate DRAM_USDT0.0000%8h60.920+0.112%$8.0M$3.8M75xas long as short
Variational Omni DRAM0.0000%8h60.867+0.025%$2.3M$589Kas long as short
GRVT DRAM_USDT_Perp0.0000%8h60.888+0.060%$36K$209K10xas long as short
SunX DRAM-USDT0.0000%8h60.870+0.030%$628$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h60.840−0.019%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h60.890+0.063%$1.7M$1.3M10xas long as short
Extended DRAM-USD+0.0008%1h60.845−0.011%$74K$198K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DRAMUSDT+0.0011%8h60.860+0.014%$43.8M$89.0M50xas long as short
MEXC DRAM_USDT+0.0011%8h60.850−0.003%$8.4M$5.7M100xas long as short
OKX DRAM-USDT-SWAP+0.0012%8h60.880+0.047%$5.4M$6.0M50xas long as short
Bybit DRAMUSDT+0.0021%8h60.882+0.050%$9.6M$10.4M100xas long as short
Aftermath Perps DRAMUSD+0.0038%1h60.857+0.009%$1K$29K5xas long as short
Arcus DRAM-USD+0.0040%1h60.840−0.019%$47K$67K10xas long as short
QFEX DRAM-USD+0.0040%1h60.850−0.003%$991K$84K10xas long as short
BloFin DRAM-USDT+0.0043%8h60.890+0.063%$298K$26K20xas long as short
edgeX DRAMUSDC+0.0045%4h60.863+0.019%$148K$299K20xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.840−0.019%10xas long as short
Entropy io:DRAM+0.0050%1h60.823−0.047%$179K$479K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h60.833−0.031%$253K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h60.862+0.017%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.820−0.052%$1.1M$3.5M10xas long as short
Paradex DRAM-USD-PERP+0.0092%8h60.847−0.008%5xas long as short
Pacifica DRAM+0.0100%1h60.870+0.030%$73K$34K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h60.830−0.036%$3.0M$420K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h60.890+0.063%$21K$183K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h60.860+0.014%$8K10xas long as short
Aevo DRAM-PERPlong+0.0104%1h60.852long leg$4K10x
Coinbase International DRAM-PERP-INTX+0.0176%1h60.940+0.145%$523K$75K20xas long as short
tradeXYZ xyz:DRAM+0.0182%1h60.841−0.018%$78.8M$35.7M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0243%1h60.850−0.003%$13K$3K20xas long as short
Lighter DRAMshort+0.0336%1h60.866+0.024%$1.1M$1.2M20x