DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h −0.018%

Price spread now: Lighter against Extended+0.048%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs+$1as in the Funding arb table

Net, price: spread back to 7d avg − costs−$7as in the Price arb table

costs, in and out, $10k−$90.094% of the position

Long on Extended Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.103%+$10 on $10k

Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.048%, 7d avg +0.025%

Together, before fees+0.066%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.023% dearer against Extended than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DRAM-USD	61.402	0.0168	pay 0.0021% / 1h	4m 59s	$76K	$188K	10x
Short	Lighter DRAM	61.432	0.0240	get 0.0030% / 1h	4m 59s	$1.1M	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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 ExtendedbpFee LighterbpOrdersPrice spread, now +0.048%Rate

Funding earned: $15.12
Price spread: +0.048% → +0.025%: $2.28
Slippage, 4 orders: −$4.39
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: $8.02
Costs to cover: 0.094%
Break-even: 3.3 days

Slippage from Extended: live order book, 42 min ago; Lighter: live order book, 1 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 Extended live order book, 42 min ago	0.41 bp	3.2 bp −$3	6.9 bp −$69	doesn't fit	doesn't fit
Sell Lighter live order book, 1 min ago	1.38 bp	1.5 bp −$1	4.5 bp −$45	50.9 bp −$5,094	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
Bitget DRAMUSDT	−0.0478%	8h	61.430	+0.045%	$26.1M	$14.4M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.429	+0.043%	$425K	$506K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.470	+0.110%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.462	+0.097%	$36K	$196K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.440	+0.061%	$847	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.310	−0.151%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.420	+0.029%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0016%	8h	61.448	+0.074%	$9.4M	$10.2M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.345	−0.094%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.380	−0.037%	$48K	$69K	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	61.420	+0.029%	—	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0046%	8h	61.430	+0.045%	$5.5M	$5.7M	50x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.430	+0.045%	$1.0M	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.412	+0.015%	$255K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.415	+0.020%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.390	−0.020%	$1.1M	$3.4M	10x	as long as short
Aster DRAMUSDT	+0.0063%	8h	61.451	+0.079%	$198K	$35K	20x	as long as short
edgeX DRAMUSDC	+0.0073%	4h	61.428	+0.042%	$149K	$298K	20x	as long as short
Entropy io:DRAM	+0.0082%	1h	61.368	−0.056%	$169K	$470K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	61.395	−0.012%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.410	+0.012%	$3.0M	$411K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.490	+0.143%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.430	+0.045%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.410	+0.012%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0106%	8h	61.444	+0.068%	$2.3M	$669K	—	as long as short
Paradex DRAM-USD-PERP	+0.0122%	8h	61.426	+0.038%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0147%	1h	61.409	+0.011%	$79.5M	$36.1M	20x	as long as short
Binance DRAMUSDT	+0.0168%	8h	61.413	+0.017%	$44.0M	$87.0M	50x	as long as short
Extended DRAM-USDlong	+0.0168%	1h	61.402	long leg	$76K	$188K	10x
MEXC DRAM_USDT	+0.0170%	8h	61.400	−0.004%	$8.1M	$5.7M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.110	−0.476%	$525K	$75K	20x	as long as short
BloFin DRAM-USDT	+0.0191%	8h	61.470	+0.110%	$298K	$26K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0239%	1h	61.420	+0.029%	$13K	$3K	20x	as long as short
Lighter DRAMshort	+0.0240%	1h	61.432	+0.048%	$1.1M	$1.2M	20x