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−0.0129%/8h= −14.2% APRnext payment $0.16 per $10,000 · paid last 24h +0.042%
Price spread now: Deribit against Lighter+0.005%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 4 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter DRAM60.8970.0208pay 0.0026% / 1h53m 58s$1.1M$1.2M20x
ShortDeribit DRAM_USDC-PERPETUAL60.9000.0079get 0.0010% / 1h53m 58s$13K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Lighter. 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
−$27.19
Price spread: +0.005% → 0.000%
$0.49
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$33.7
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 2 min ago; Deribit: no order-book sample. 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 Lighter live order book, 2 min ago0.16 bp0.7 bp −$14.0 bp −$4039.4 bp −$3,941doesn't fit
Sell Deribit no order-book sample
Deribit: 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−0.0736%8h60.920+0.038%$26.2M$14.8M20xas long as short
Aster DRAMUSDT0.0000%8h60.890−0.011%$196K$35K20xas long as short
Bybit DRAMUSDT0.0000%8h60.917+0.033%$9.4M$10.2M100xas long as short
OKX DRAM-USDT-SWAP0.0000%8h60.930+0.054%$5.4M$6.0M50xas long as short
RISEx DRAM/USDC0.0000%1h60.910+0.021%$418K$346K20xas long as short
Gate DRAM_USDT0.0000%8h60.940+0.071%$8.0M$3.7M75xas long as short
Variational Omni DRAM0.0000%8h60.884−0.022%$2.3M$582Kas long as short
GRVT DRAM_USDT_Perp0.0000%8h60.898+0.001%$36K$204K10xas long as short
SunX DRAM-USDT0.0000%8h60.910+0.021%$676$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h60.880−0.028%$27K$3K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex DRAMUSDT0.0000%8h60.900+0.005%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0031%1h60.870−0.044%$1K$30K5xas long as short
Binance DRAMUSDT+0.0040%8h60.864−0.054%$43.6M$88.4M50xas long as short
Extended DRAM-USD+0.0040%1h60.853−0.072%$74K$190K10xas long as short
MEXC DRAM_USDT+0.0040%8h60.880−0.028%$7.7M$5.7M100xas long as short
Arcus DRAM-USD+0.0040%1h60.860−0.061%$47K$67K10xas long as short
QFEX DRAM-USD+0.0040%1h60.900+0.005%$992K$84K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.870−0.044%10xas long as short
Entropy io:DRAM+0.0050%1h60.872−0.041%$179K$480K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h60.876−0.034%$253K$1.4M10xas long as short
SoDEX DRAM-USD+0.0050%1h60.890−0.011%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.810−0.143%$1.1M$3.5M10xas long as short
edgeX DRAMUSDC+0.0061%4h60.867−0.049%$148K$297K20xas long as short
Deribit DRAM_USDC-PERPETUALshort+0.0079%1h60.900+0.005%$13K$3K20x
tradeXYZ xyz:DRAM+0.0080%1h60.867−0.049%$78.7M$35.9M20xas long as short
Paradex DRAM-USD-PERP+0.0084%8h60.911+0.023%5xas long as short
Pacifica DRAM+0.0100%1h60.896−0.002%$73K$46K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h60.870−0.044%$3.0M$421K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h60.900+0.005%$21K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h60.910+0.021%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h60.898+0.001%$4K10xas long as short
BloFin DRAM-USDT+0.0120%8h60.890−0.011%$298K$26K20xas long as short
Coinbase International DRAM-PERP-INTX+0.0176%1h61.110+0.350%$525K$75K20xas long as short
Lighter DRAMlong+0.0208%1h60.897long leg$1.1M$1.2M20x