Spread before costs (cost unknown: a leg has no order-book sample)+0.024%
7d average—if it closes, per $10,000$2funding while held, a day+$5.95
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DRAM | 61.455 | 0.0040 | pay 0.0005% / 1h | 51m 33s | $1.0M | $1.2M | 20x |
| Short | Deribit DRAM_USDC-PERPETUAL | 61.470 | 0.0238 | get 0.0030% / 1h | 51m 33s | $13K | $9K | 20x |
Lighter DRAM
Deribit DRAM_USDC-PERPETUALPrice 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
- $2.44
- Funding while held
- $5.95
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $1.39
- Spread needed to break even
- 0.070%
Slippage unknown: Lighter: live order book, 1 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0198%
- Per $10,000 a day
- +$5.95
- 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, 1 min ago | 0.65 bp | 0.7 bp −$1 | 1.4 bp −$14 | 47.6 bp −$4,758 | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 price on every exchange
against the cheapest. Click to use as the short leg.Pacifica61.415cheapestOndo Perps61.420+0.009%KuCoin61.430+0.025%tradeXYZ61.440+0.041%Vest61.440+0.041%RISEx61.446+0.051%Binance61.448+0.055%Arcus61.450+0.057%QFEX61.450+0.057%MEXC61.450+0.057%Bitget61.450+0.057%HTX61.450+0.057%Phemex61.450+0.057%Paradex61.450+0.058%Extended61.452+0.060%Entropy61.452+0.061%Aster61.453+0.062%
Pacifica
Ondo Perps
KuCoin
tradeXYZ
Vest
RISEx
Binance
Arcus
QFEX
MEXC
Bitget
HTX
Phemex
Paradex
Extended
Entropy
AsterLighter61.455+0.066%
SoDEX61.455+0.066%Polymarket Perps61.456+0.067%OKX61.460+0.074%Gate61.460+0.074%Aevo61.460+0.074%Aftermath Perps61.462+0.076%
SoDEX
Polymarket Perps
OKX
Gate
AevoDeribit61.470+0.090%
Bybit61.473+0.095%ApeX Omni61.480+0.106%edgeX61.481+0.108%Orderly61.490+0.122%SunX61.490+0.122%BloFin61.490+0.122%Variational Omni61.518+0.168%Coinbase International61.570+0.253%
Bybit
ApeX Omni
Orderly
SunX
BloFin
Variational Omni
Coinbase InternationalDRAM on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica DRAM | −0.065% | +0.0100% | 1h | $75K | $40K | 10x | as long as short |
| Ondo Perps DRAM-USD.P | −0.057% | +0.0050% | 1h | $1.1M | $1.6M | 10x | as long as short |
| KuCoin DRAMUSDTM | −0.041% | +0.0100% | 8h | $3.0M | $436K | 20x | as long as short |
| tradeXYZ xyz:DRAM | −0.024% | +0.0076% | 1h | $78.7M | $35.6M | 20x | as long as short |
| Vest DRAM-USD-PERP | −0.024% | +0.0046% | 1h | — | $797 | 10x | as long as short |
| RISEx DRAM/USDC | −0.015% | 0.0000% | 1h | $441K | $407K | 20x | as long as short |
| Binance DRAMUSDT | −0.011% | 0.0000% | 8h | $43.7M | $72.0M | 50x | as long as short |
| Arcus DRAM-USD | −0.008% | +0.0405% | 1h | $50K | $100K | 10x | as long as short |
| QFEX DRAM-USD | −0.008% | +0.0030% | 1h | $1.0M | $55K | 10x | as long as short |
| MEXC DRAM_USDT | −0.008% | 0.0000% | 8h | $11.6M | $6.1M | 100x | as long as short |