DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0488%/8h= −53.5% APRnext payment −$0.61 per $10,000 · paid last 24h −0.007%

Price spread now: Lighter against Arcus+0.013%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Arcus Short on Lighter

What this pair did over the last

the charts below follow

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$15 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus DRAM-USD	61.960	0.0680	pay 0.0085% / 1h	44m 24s	$50K	$89K	10x
Short	Lighter DRAM	61.968	0.0192	get 0.0024% / 1h	44m 24s	$978K	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Arcus. 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 ArcusbpFee LighterbpOrdersPrice spread, now +0.013%Rate

Funding earned: −$102.51
Price spread: +0.013% → 0.000%: $1.29
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$105.72
Costs to cover: 0.045%
Break-even: never at this rate

Slippage unknown: Arcus: no order-book sample; Lighter: live order book, 2 min ago. 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 Arcus no order-book sample	—	—	—	—	—
Sell Lighter live order book, 2 min ago	0.64 bp	0.6 bp −$1	1.9 bp −$19	56.6 bp −$5,662	doesn't fit

Arcus: 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
Gate DRAM_USDT	0.0000%	8h	62.000	+0.065%	$8.3M	$3.4M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.980	+0.032%	$640	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.910	−0.081%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.850	−0.178%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	61.955	−0.008%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.860	−0.161%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.951	−0.015%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.967	+0.011%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.900	−0.097%	$1.2M	$1.8M	10x	as long as short
edgeX DRAMUSDC	+0.0066%	4h	61.944	−0.027%	$153K	$290K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0079%	1h	61.930	−0.048%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.980	+0.032%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.920	−0.065%	$3.0M	$475K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.970	+0.016%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.980	+0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.987	+0.043%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0140%	8h	61.980	+0.032%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0143%	8h	61.960	0.000%	$26.0M	$12.7M	20x	as long as short
Aster DRAMUSDT	+0.0169%	8h	61.999	+0.062%	$199K	$36K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0170%	8h	61.973	+0.021%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0176%	8h	61.941	−0.031%	$36K	$178K	10x	as long as short
Lighter DRAMshort	+0.0192%	1h	61.968	+0.013%	$978K	$1.2M	20x
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.613%	$510K	$43K	20x	as long as short
Variational Omni DRAM	+0.0261%	8h	61.987	+0.044%	$2.4M	$948K	—	as long as short
Bybit DRAMUSDT	+0.0275%	8h	62.030	+0.113%	$9.4M	$10.5M	100x	as long as short
Entropy io:DRAM	+0.0291%	1h	61.902	−0.094%	$260K	$502K	25x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.976	+0.026%	$457K	$475K	20x	as long as short
Extended DRAM-USD	+0.0296%	1h	61.959	−0.002%	$77K	$766K	10x	as long as short
MEXC DRAM_USDT	+0.0298%	8h	61.960	0.000%	$11.2M	$6.5M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0301%	1h	61.978	+0.029%	$80.4M	$39.9M	20x	as long as short
Binance DRAMUSDT	+0.0302%	8h	61.974	+0.022%	$43.9M	$82.6M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0396%	1h	61.970	+0.016%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0552%	8h	61.980	+0.032%	$295K	$27K	20x	as long as short
Arcus DRAM-USDlong	+0.0680%	1h	61.960	long leg	$50K	$89K	10x