DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.03 per $10,000 · paid last 24h −0.029%

Price spread now: QFEX against Lighter−0.022%52s7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$160.164% of the position

Long on Lighter Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.077%−$8 on $10k

Price spread, last 7 days+0.005%+$1 · spread now −0.022%, 7d avg −0.016%

Together, before fees−0.071%+ Points / potential airdropLighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.077%, so the current rate has only just turned in your favour. The two prices were read 52 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	62.424	0.0032	pay 0.0004% / 1h	35m 37s	$970K	$1.0M	20x
Short	QFEX DRAM-USD	62.410	0.0052	get 0.0007% / 1h	35m 37s	$1.0M	$78K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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

Position, each leg$Hold fordaysFee LighterbpFee QFEXbpOrdersPrice spread, now −0.022%Rate

Funding earned: $4.28
Price spread: −0.022% → −0.016%: −$0.61
Slippage, 4 orders: −$6.41
Fee Lighter: 0 bp × 2 orders: $0
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$12.73
Costs to cover: 0.164%
Break-even: 27.8 days

Slippage from Lighter: live order book, 5 min ago; QFEX: live order book, 9 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, 5 min ago	0.64 bp	0.9 bp −$1	1.8 bp −$18	22.3 bp −$2,226	doesn't fit
Sell QFEX live order book, 9 min ago	2.40 bp	7.4 bp −$7	8.7 bp −$87	13.9 bp −$1,389	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
RISEx DRAM/USDC	0.0000%	1h	62.430	+0.010%	$442K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.430	+0.010%	$883	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.390	−0.054%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.430	+0.010%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0023%	1h	62.391	−0.053%	$1K	$32K	5x	as long as short
Lighter DRAMlong	+0.0032%	1h	62.424	long leg	$970K	$1.0M	20x
Arcus DRAM-USD	+0.0040%	1h	62.410	−0.022%	$49K	$79K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.390	−0.054%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.395	−0.046%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.429	+0.008%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.380	−0.070%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USDshort	+0.0052%	1h	62.410	−0.022%	$1.0M	$78K	10x
Deribit DRAM_USDC-PERPETUAL	+0.0071%	1h	62.420	−0.006%	$13K	$3K	20x	as long as short
edgeX DRAMUSDC	+0.0072%	4h	62.413	−0.018%	$151K	$297K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0073%	8h	62.460	+0.058%	$37K	$167K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0087%	1h	62.405	−0.030%	$81.8M	$35.4M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0092%	8h	62.426	+0.004%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	62.433	+0.014%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.420	−0.006%	$3.0M	$393K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.440	+0.026%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.450	+0.042%	$9K	—	10x	as long as short
Bitget DRAMUSDT	+0.0102%	8h	62.430	+0.010%	$26.3M	$13.2M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.440	+0.025%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0134%	8h	62.440	+0.026%	$5.5M	$4.4M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.151%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0171%	1h	62.404	−0.032%	$198K	$436K	25x	as long as short
Bybit DRAMUSDT	+0.0188%	8h	62.460	+0.058%	$9.7M	$9.8M	100x	as long as short
Aster DRAMUSDT	+0.0302%	8h	62.443	+0.030%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0380%	8h	62.424	0.000%	$2.4M	$753K	—	as long as short
Binance DRAMUSDT	+0.0418%	8h	62.430	+0.010%	$45.0M	$80.2M	50x	as long as short
MEXC DRAM_USDT	+0.0420%	8h	62.430	+0.010%	$9.2M	$5.4M	100x	as long as short
Extended DRAM-USD	+0.0424%	1h	62.414	−0.015%	$75K	$621K	10x	as long as short
BloFin DRAM-USDT	+0.0560%	8h	62.430	+0.010%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0621%	8h	62.460	+0.058%	$8.2M	$3.5M	75x	as long as short