Funding you earn now, next payment 12:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.03 per $10,000 · paid last 24h −0.016%
Price spread now: ApeX Omni against Lighter+0.107%78s7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$840.838% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)−0.035%−$4 · spread now +0.107%, 7d avg +0.022%
=Together, before fees−0.116%+ Points / potential airdropLighter: Season 3 · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.085% dearer against Lighter than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.022%. Mind the row above: over the last 7 days funding on this pair cost −0.081%, so the current rate has only just turned in your favour. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DRAM | 60.985 | 0.0072 | pay 0.0009% / 1h | 5m 46s | $1.1M | $1.4M | 20x |
| Short | ApeX Omni DRAMUSDT | 61.050 | 0.0100 | get 0.0013% / 1h | 5m 46s | $21K | $187K | 50x |
Lighter DRAM
ApeX Omni DRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.88
- Price spread: +0.107% → +0.022%
- $8.47
- Slippage, 4 orders
- −$73.83
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$69.49
- Costs to cover
- 0.838%
- Break-even
- 89.7 days
Slippage from Lighter: live order book, 3 min ago; ApeX Omni: live order book, 33 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 Lighter live order book, 3 min ago | 0.90 bp | 0.9 bp −$1 | 2.2 bp −$22 | 25.1 bp −$2,512 | doesn't fit |
| Sell ApeX Omni live order book, 33 min ago | 27.81 bp | 38.5 bp −$39 | 213.8 bp −$2,138 | doesn't fit | doesn't fit |
DRAM on 34 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit DRAMUSDT | 0.0000% | 8h | 61.030 | +0.074% | $9.5M | $11.1M | 100x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.993 | +0.014% | $458K | $365K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 61.000 | +0.025% | $7.9M | $3.5M | 75x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 61.010 | +0.041% | $26.6M | $17.1M | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.010 | +0.041% | $765 | $2.2M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.010 | +0.041% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.000 | +0.025% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0019% | 4h | 61.018 | +0.054% | $148K | $299K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0021% | 8h | 61.063 | +0.128% | $36K | $229K | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0027% | 1h | 60.997 | +0.020% | $1K | $26K | 5x | as long as short |
Bybit DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
Bitget DRAMUSDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
GRVT DRAM_USDT_Perp
Aftermath Perps DRAMUSDShow all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX DRAM-USD | +0.0032% | 1h | 61.000 | +0.025% | $1.0M | $100K | 10x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.960 | −0.041% | $59K | $80K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.940 | −0.074% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.977 | −0.013% | $254K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.992 | +0.011% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.920 | −0.107% | $1.1M | $3.6M | 10x | as long as short |
| Lighter DRAMlong | +0.0072% | 1h | 60.985 | long leg | $1.1M | $1.4M | 20x | |
| Deribit DRAM_USDC-PERPETUAL | +0.0078% | 1h | 60.980 | −0.008% | $12K | $4K | 20x | as long as short |
| Aster DRAMUSDT | +0.0085% | 8h | 61.013 | +0.046% | $195K | $28K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0092% | 8h | 60.986 | +0.001% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.008 | +0.037% | $74K | $32K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.980 | −0.008% | $3.0M | $383K | 20x | as long as short |
| ApeX Omni DRAMUSDTshort | +0.0100% | 1h | 61.050 | +0.107% | $21K | $187K | 50x | |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.010 | +0.041% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.991 | +0.010% | $4K | — | 10x | as long as short |
| Variational Omni DRAM | +0.0111% | 8h | 61.028 | +0.071% | $2.1M | $679K | — | as long as short |
| Extended DRAM-USD | +0.0144% | 1h | 60.972 | −0.021% | $97K | $974K | 10x | as long as short |
| Binance DRAMUSDT | +0.0145% | 8h | 60.996 | +0.018% | $44.0M | $97.7M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0146% | 8h | 60.980 | −0.008% | $9.8M | $5.8M | 100x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0160% | 8h | 61.020 | +0.057% | $5.5M | $7.6M | 50x | as long as short |
| tradeXYZ xyz:DRAM | +0.0163% | 1h | 60.977 | −0.013% | $79.2M | $38.0M | 20x | as long as short |
| Entropy io:DRAM | +0.0175% | 1h | 60.982 | −0.005% | $291K | $1.7M | 25x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0216% | 1h | 61.140 | +0.254% | $536K | $90K | 20x | as long as short |
| BloFin DRAM-USDT | +0.0638% | 8h | 61.040 | +0.090% | $309K | $27K | 20x | as long as short |
QFEX DRAM-USD
Arcus DRAM-USD
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
Deribit DRAM_USDC-PERPETUAL
Aster DRAMUSDT
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Variational Omni DRAM
Extended DRAM-USD
Binance DRAMUSDT
MEXC DRAM_USDT
OKX DRAM-USDT-SWAP
tradeXYZ xyz:DRAM
Entropy io:DRAM
Coinbase International DRAM-PERP-INTX
BloFin DRAM-USDT