DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0208%/8h= +22.8% APRnext payment +$0.26 per $10,000 · paid last 24h −0.011%

Price spread now: Lighter against Extended+0.020%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs+$2as in the Funding arb table

Net, price: spread back to 7d avg − costs−$9as in the Price arb table

costs, in and out, $10k−$80.084% of the position

Long on Extended Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.104%+$10 on $10k

Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.020%, 7d avg +0.026%

Together, before fees+0.097%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.104% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DRAM-USD	60.903	0.0040	pay 0.0005% / 1h	50m 27s	$74K	$191K	10x
Short	Lighter DRAM	60.915	0.0248	get 0.0031% / 1h	50m 27s	$1.1M	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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 ExtendedbpFee LighterbpOrdersPrice spread, now +0.020%Rate

Funding earned: $43.68
Price spread: +0.020% → +0.026%: −$0.6
Slippage, 4 orders: −$3.44
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: $34.64
Costs to cover: 0.084%
Break-even: 1.4 days

Slippage from Extended: live order book, 51 min ago; Lighter: live order book, 5 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 Extended live order book, 51 min ago	0.49 bp	3.4 bp −$3	7.0 bp −$70	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	0.16 bp	1.0 bp −$1	2.5 bp −$25	40.1 bp −$4,013	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
Bitget DRAMUSDT	−0.0759%	8h	60.940	+0.061%	$26.2M	$14.8M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.918	+0.025%	$196K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	60.945	+0.069%	$9.4M	$10.2M	100x	as long as short
OKX DRAM-USDT-SWAP	0.0000%	8h	60.920	+0.028%	$5.4M	$6.0M	50x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.907	+0.008%	$422K	$344K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	60.950	+0.077%	$8.0M	$3.7M	75x	as long as short
Variational Omni DRAM	0.0000%	8h	60.903	0.000%	$2.3M	$582K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.884	−0.030%	$36K	$205K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.910	+0.012%	$845	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.900	−0.005%	$27K	$3K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex DRAMUSDT	0.0000%	8h	60.910	+0.012%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0031%	1h	60.898	−0.008%	$1K	$30K	5x	as long as short
MEXC DRAM_USDT	+0.0036%	8h	60.910	+0.012%	$7.7M	$5.7M	100x	as long as short
Binance DRAMUSDT	+0.0037%	8h	60.910	+0.012%	$43.6M	$88.5M	50x	as long as short
Extended DRAM-USDlong	+0.0040%	1h	60.903	long leg	$74K	$191K	10x
Arcus DRAM-USD	+0.0040%	1h	60.880	−0.037%	$47K	$67K	10x	as long as short
QFEX DRAM-USD	+0.0040%	1h	60.910	+0.012%	$992K	$84K	10x	as long as short
edgeX DRAMUSDC	+0.0044%	4h	60.899	−0.005%	$148K	$298K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.900	−0.005%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.858	−0.074%	$179K	$480K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.878	−0.041%	$253K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.908	+0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.870	−0.054%	$1.1M	$3.5M	10x	as long as short
Paradex DRAM-USD-PERP	+0.0085%	8h	60.896	−0.011%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	60.922	+0.031%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.890	−0.021%	$3.0M	$421K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.910	+0.012%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.910	+0.012%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.896	−0.011%	$4K	—	10x	as long as short
BloFin DRAM-USDT	+0.0120%	8h	60.910	+0.012%	$298K	$26K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0124%	1h	60.879	−0.039%	$78.8M	$35.9M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0176%	1h	61.110	+0.340%	$525K	$75K	20x	as long as short
Lighter DRAMshort	+0.0248%	1h	60.915	+0.020%	$1.1M	$1.2M	20x
Deribit DRAM_USDC-PERPETUAL	+0.0407%	1h	60.890	−0.021%	$13K	$3K	20x	as long as short