After costs, if the gap returns to its 7d average, $10k−$12
spread now−0.039%7d average−0.072%fees + slippage, in and out−$16spread needed0.158%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DRAM | 61.314 | 0.0184 | pay 0.0023% / 1h | 38m 39s | $997K | $1.2M | 20x |
| Short | Arcus DRAM-USD | 61.290 | 0.0105 | get 0.0013% / 1h | 38m 39s | $52K | $100K | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$3.91
- Funding while held
- −$2.36
- Slippage, 4 orders
- −$11.3
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$22.07
- Spread needed to break even
- 0.158%
Slippage from Lighter: live order book, 4 min ago; Arcus: live order book, 41 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0079%
- Per $10,000 a day
- −$2.36
- Average in range /8h
- —
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, 4 min ago | 0.73 bp | 0.7 bp −$1 | 1.8 bp −$18 | 48.5 bp −$4,848 | doesn't fit |
| Sell Arcus live order book, 41 min ago | 1.63 bp | 5.4 bp −$5 | 8.2 bp −$82 | doesn't fit | doesn't fit |
DRAM price on every exchange
against the cheapest. Click to use as the short leg.DRAM on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International DRAM-PERP-INTX | −0.365% | +0.0088% | 1h | $507K | $33K | 20x | as long as short |
| Entropy io:DRAM | −0.090% | +0.0050% | 1h | $244K | $534K | 25x | as long as short |
| Ondo Perps DRAM-USD.P | −0.072% | +0.0050% | 1h | $1.2M | $1.4M | 10x | as long as short |
| Pacifica DRAM | −0.060% | +0.0100% | 1h | $75K | $40K | 10x | as long as short |
| KuCoin DRAMUSDTM | −0.055% | +0.0100% | 8h | $3.0M | $399K | 20x | as long as short |
| tradeXYZ xyz:DRAM | −0.052% | +0.0081% | 1h | $78.3M | $33.5M | 20x | as long as short |
| Arcus DRAM-USDshort | −0.039% | +0.0105% | 1h | $52K | $100K | 10x | |
| MEXC DRAM_USDT | −0.039% | 0.0000% | 8h | $9.9M | $5.8M | 100x | as long as short |
| Bitget DRAMUSDT | −0.039% | 0.0000% | 8h | $25.9M | $10.6M | 20x | as long as short |
| BloFin DRAM-USDT | −0.039% | −0.0004% | 8h | $299K | $21K | 20x | as long as short |
Lighter DRAM
Coinbase International
Pacifica
KuCoin
tradeXYZ
MEXC
Bitget
BloFin
Extended
Aster
RISEx
OKX
Polymarket Perps
Binance
Paradex
Gate
ApeX Omni
HTX
Phemex
SoDEX
Bybit
SunX
Deribit
Variational Omni