Funding you earn now, next payment 05:00 UTC−0.0102%/8h= −11.2% APRnext payment −$0.13 per $10,000 · paid last 24h −0.029%
Price spread now: SoDEX against Lighter+0.063%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 pays, funding is against you. SoDEX is 0.063% dearer against Lighter than usual: you sell high and buy low (spread +0.063% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DRAM | 61.936 | 0.0152 | pay 0.0019% / 1h | 40m 44s | $1.0M | $1.2M | 20x |
| Short | SoDEX DRAM-USD | 61.975 | 0.0050 | get 0.0006% / 1h | 40m 44s | $2K | $15K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$21.42
- Price spread: +0.063% → 0.000%
- $6.3
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$23.12
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 5 min ago; SoDEX: 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, 5 min ago | 0.48 bp | 1.1 bp −$1 | 2.0 bp −$20 | 63.7 bp −$6,372 | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx DRAM/USDC | 0.0000% | 1h | 61.930 | −0.010% | $436K | $500K | 20x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 61.970 | +0.055% | $26.1M | $13.6M | 20x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 62.020 | +0.136% | $36K | $182K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.970 | +0.055% | $558 | $2.6M | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | 0.0000% | 1h | 61.960 | +0.039% | $13K | $3K | 20x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.980 | +0.071% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.970 | +0.055% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0021% | 1h | 62.010 | +0.120% | $1K | $32K | 5x | as long as short |
| QFEX DRAM-USD | +0.0036% | 1h | 61.990 | +0.087% | $1.0M | $78K | 10x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.980 | +0.071% | $48K | $77K | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.970 | +0.055% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 61.955 | +0.031% | $165K | $455K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.960 | +0.039% | $260K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USDshort | +0.0050% | 1h | 61.975 | +0.063% | $2K | $15K | 20x | |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.950 | +0.023% | $1.1M | $2.4M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0061% | 4h | 62.013 | +0.124% | $150K | $297K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0067% | 8h | 61.980 | +0.071% | $5.4M | $4.5M | 50x | as long as short |
| Paradex DRAM-USD-PERP | +0.0081% | 8h | 61.933 | −0.005% | — | — | 5x | as long as short |
| Bybit DRAMUSDT | +0.0093% | 8h | 61.965 | +0.047% | $9.7M | $9.7M | 100x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.951 | +0.024% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.920 | −0.026% | $3.0M | $395K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.050 | +0.184% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.990 | +0.087% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.983 | +0.077% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0104% | 1h | 62.110 | +0.281% | $533K | $75K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0131% | 1h | 61.928 | −0.013% | $81.0M | $35.6M | 20x | as long as short |
| Lighter DRAMlong | +0.0152% | 1h | 61.936 | long leg | $1.0M | $1.2M | 20x | |
| Aster DRAMUSDT | +0.0175% | 8h | 61.949 | +0.020% | $199K | $35K | 20x | as long as short |
| Variational Omni DRAM | +0.0236% | 8h | 61.984 | +0.078% | $2.4M | $739K | — | as long as short |
| BloFin DRAM-USDT | +0.0277% | 8h | 62.000 | +0.103% | $300K | $26K | 20x | as long as short |
| Binance DRAMUSDT | +0.0290% | 8h | 61.938 | +0.003% | $44.4M | $80.7M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0292% | 8h | 61.930 | −0.010% | $8.2M | $5.5M | 100x | as long as short |
| Extended DRAM-USD | +0.0296% | 1h | 61.920 | −0.027% | $76K | $657K | 10x | as long as short |
| Gate DRAM_USDT | +0.0530% | 8h | 61.990 | +0.087% | $8.1M | $3.5M | 75x | as long as short |
Lighter DRAM
SoDEX DRAM-USD
RISEx DRAM/USDC
Bitget DRAMUSDT
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
Deribit DRAM_USDC-PERPETUAL
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
edgeX DRAMUSDC
OKX DRAM-USDT-SWAP
Paradex DRAM-USD-PERP
Bybit DRAMUSDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Coinbase International DRAM-PERP-INTX
tradeXYZ xyz:DRAM
Aster DRAMUSDT
Variational Omni DRAM
BloFin DRAM-USDT
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
Gate DRAM_USDT