DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h +0.029%

Price spread now: RISEx against Lighter+0.011%54s7-day average +0.009% · you sell dearer than you buy

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−$100.096% of the position

Long on Lighter Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.029%+$3 on $10k

Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.011%, 7d avg +0.009%

Together, before fees+0.062%+ Points / potential airdropLighter: Season 3 · farm board+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 54 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	62.438	0.0032	pay 0.0004% / 1h	9m 45s	$1.0M	$1.1M	20x
Short	RISEx DRAM/USDC	62.445	0	get 0.0000% / 1h	9m 45s	$440K	$502K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.011%Rate

Funding earned: −$6.72
Price spread: +0.011% → +0.009%: $0.22
Slippage, 4 orders: −$3.58
Fee Lighter: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$16.08
Costs to cover: 0.096%
Break-even: never at this rate

Slippage from Lighter: live order book, 1 min ago; RISEx: live order book, 49 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, 1 min ago	0.08 bp	0.1 bp $0	1.0 bp −$10	24.0 bp −$2,398	doesn't fit
Sell RISEx live order book, 49 min ago	1.36 bp	4.4 bp −$4	5.7 bp −$57	doesn't fit	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/USDCshort	0.0000%	1h	62.445	+0.011%	$440K	$502K	20x
SunX DRAM-USDT	0.0000%	8h	62.450	+0.019%	$1K	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.400	−0.061%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.460	+0.035%	$1.7M	$1.3M	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0003%	8h	62.405	−0.053%	$36K	$174K	10x	as long as short
Aftermath Perps DRAMUSD	+0.0021%	1h	62.411	−0.043%	$1K	$32K	5x	as long as short
Lighter DRAMlong	+0.0032%	1h	62.438	long leg	$1.0M	$1.1M	20x
Arcus DRAM-USD	+0.0040%	1h	62.410	−0.045%	$49K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.390	−0.077%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.415	−0.037%	$267K	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	62.445	+0.011%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.370	−0.109%	$1.1M	$2.3M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.430	−0.013%	$1.0M	$78K	10x	as long as short
edgeX DRAMUSDC	+0.0066%	4h	62.390	−0.078%	$151K	$299K	20x	as long as short
Bitget DRAMUSDT	+0.0068%	8h	62.450	+0.019%	$26.2M	$13.4M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0084%	8h	62.435	−0.004%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0093%	1h	62.433	−0.008%	$81.8M	$35.3M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0098%	8h	62.450	+0.019%	$5.5M	$4.5M	50x	as long as short
Pacifica DRAM	+0.0100%	1h	62.451	+0.020%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.430	−0.013%	$3.0M	$394K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.440	+0.003%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.440	+0.003%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.461	+0.037%	$4K	—	10x	as long as short
Bybit DRAMUSDT	+0.0132%	8h	62.480	+0.067%	$9.7M	$9.7M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.173%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0153%	1h	62.415	−0.037%	$183K	$440K	25x	as long as short
Aster DRAMUSDT	+0.0246%	8h	62.429	−0.015%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0318%	8h	62.423	−0.023%	$2.4M	$747K	—	as long as short
Extended DRAM-USD	+0.0360%	1h	62.441	+0.005%	$76K	$622K	10x	as long as short
Binance DRAMUSDT	+0.0361%	8h	62.450	+0.019%	$44.9M	$80.1M	50x	as long as short
MEXC DRAM_USDT	+0.0362%	8h	62.440	+0.003%	$8.9M	$5.5M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0391%	1h	62.440	+0.003%	$13K	$3K	20x	as long as short
BloFin DRAM-USDT	+0.0397%	8h	62.460	+0.035%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0635%	8h	62.470	+0.051%	$8.2M	$3.5M	75x	as long as short