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
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DRAM | 60.897 | 0.0208 | pay 0.0026% / 1h | 53m 58s | $1.1M | $1.2M | 20x |
| Short | Deribit DRAM_USDC-PERPETUAL | 60.900 | 0.0079 | get 0.0010% / 1h | 53m 58s | $13K | $3K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 2 min ago | 0.16 bp | 0.7 bp −$1 | 4.0 bp −$40 | 39.4 bp −$3,941 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0736% | 8h | 60.920 | +0.038% | $26.2M | $14.8M | 20x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.890 | −0.011% | $196K | $35K | 20x | as long as short |
| Bybit DRAMUSDT | 0.0000% | 8h | 60.917 | +0.033% | $9.4M | $10.2M | 100x | as long as short |
| OKX DRAM-USDT-SWAP | 0.0000% | 8h | 60.930 | +0.054% | $5.4M | $6.0M | 50x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.910 | +0.021% | $418K | $346K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 60.940 | +0.071% | $8.0M | $3.7M | 75x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.884 | −0.022% | $2.3M | $582K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.898 | +0.001% | $36K | $204K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.910 | +0.021% | $676 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.880 | −0.028% | $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 | 60.900 | +0.005% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0031% | 1h | 60.870 | −0.044% | $1K | $30K | 5x | as long as short |
| Binance DRAMUSDT | +0.0040% | 8h | 60.864 | −0.054% | $43.6M | $88.4M | 50x | as long as short |
| Extended DRAM-USD | +0.0040% | 1h | 60.853 | −0.072% | $74K | $190K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0040% | 8h | 60.880 | −0.028% | $7.7M | $5.7M | 100x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.860 | −0.061% | $47K | $67K | 10x | as long as short |
| QFEX DRAM-USD | +0.0040% | 1h | 60.900 | +0.005% | $992K | $84K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.870 | −0.044% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.872 | −0.041% | $179K | $480K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.876 | −0.034% | $253K | $1.4M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.890 | −0.011% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.810 | −0.143% | $1.1M | $3.5M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0061% | 4h | 60.867 | −0.049% | $148K | $297K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUALshort | +0.0079% | 1h | 60.900 | +0.005% | $13K | $3K | 20x | |
| tradeXYZ xyz:DRAM | +0.0080% | 1h | 60.867 | −0.049% | $78.7M | $35.9M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0084% | 8h | 60.911 | +0.023% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.896 | −0.002% | $73K | $46K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.870 | −0.044% | $3.0M | $421K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.900 | +0.005% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.910 | +0.021% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.898 | +0.001% | $4K | — | 10x | as long as short |
| BloFin DRAM-USDT | +0.0120% | 8h | 60.890 | −0.011% | $298K | $26K | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0176% | 1h | 61.110 | +0.350% | $525K | $75K | 20x | as long as short |
| Lighter DRAMlong | +0.0208% | 1h | 60.897 | long leg | $1.1M | $1.2M | 20x |
Lighter DRAM
Deribit DRAM_USDC-PERPETUAL
Bitget DRAMUSDT
Aster DRAMUSDT
Bybit DRAMUSDT
OKX DRAM-USDT-SWAP
RISEx DRAM/USDC
Gate DRAM_USDT
Variational Omni DRAM
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Binance DRAMUSDT
Extended DRAM-USD
MEXC DRAM_USDT
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
edgeX DRAMUSDC
tradeXYZ xyz:DRAM
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
BloFin DRAM-USDT
Coinbase International DRAM-PERP-INTX