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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.044%
Price spread now: Lighter against HTX+0.150%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 0.150% dearer against HTX than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX DRAM-USDT61.3700get 0.0000% / 8h2h 03m$28K$3K20x
ShortLighter DRAM61.4620.0240get 0.0030% / 1h3m 10s$1.1M$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against HTX. 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
$50.4
Price spread: +0.150% → 0.000%
$14.99
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
$53.39
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell Lighter live order book, 3 min ago1.38 bp1.5 bp −$14.5 bp −$4550.9 bp −$5,094doesn't fit
HTX: 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−0.0465%8h61.430+0.098%$26.1M$14.5M20xas long as short
RISEx DRAM/USDC0.0000%1h61.419+0.080%$425K$506K20xas long as short
Gate DRAM_USDT0.0000%8h61.500+0.212%$8.0M$3.7M75xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.462+0.150%$36K$196K10xas long as short
SunX DRAM-USDT0.0000%8h61.420+0.081%$906$2.6M10xas long as short
HTX DRAM-USDTlong0.0000%8h61.370long leg$28K$3K20x
Phemex DRAMUSDT0.0000%8h61.440+0.114%$1.7M$1.3M10xas long as short
Bybit DRAMUSDT+0.0012%8h61.460+0.147%$9.4M$10.2M100xas long as short
Aftermath Perps DRAMUSD+0.0028%1h61.364−0.010%$1K$31K5xas long as short
Arcus DRAM-USD+0.0040%1h61.390+0.033%$48K$69K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest DRAM-USD-PERP+0.0046%1h61.390+0.033%10xas long as short
OKX DRAM-USDT-SWAP+0.0046%8h61.450+0.130%$5.5M$5.7M50xas long as short
QFEX DRAM-USD+0.0050%1h61.400+0.049%$1.0M$84K10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.392+0.036%$255K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.427+0.093%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.380+0.016%$1.1M$3.4M10xas long as short
Aster DRAMUSDT+0.0058%8h61.451+0.132%$198K$35K20xas long as short
Entropy io:DRAM+0.0071%1h61.367−0.005%$170K$470K25xas long as short
edgeX DRAMUSDC+0.0073%4h61.428+0.095%$149K$298K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0076%1h61.410+0.065%$13K$3K20xas long as short
Pacifica DRAM+0.0100%1h61.366−0.006%$74K$49K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.410+0.065%$3.0M$411K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.440+0.114%$21K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.410+0.065%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.421+0.083%$4K10xas long as short
Variational Omni DRAM+0.0106%8h61.444+0.121%$2.3M$669Kas long as short
Paradex DRAM-USD-PERP+0.0119%8h61.411+0.067%5xas long as short
tradeXYZ xyz:DRAM+0.0147%1h61.426+0.091%$79.6M$36.1M20xas long as short
Extended DRAM-USD+0.0160%1h61.401+0.051%$76K$188K10xas long as short
Binance DRAMUSDT+0.0163%8h61.435+0.106%$44.0M$87.0M50xas long as short
MEXC DRAM_USDT+0.0165%8h61.430+0.098%$8.1M$5.7M100xas long as short
BloFin DRAM-USDT+0.0183%8h61.430+0.098%$298K$26K20xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.110−0.424%$525K$75K20xas long as short
Lighter DRAMshort+0.0240%1h61.462+0.150%$1.1M$1.2M20x