Spread before costs (cost unknown: a leg has no order-book sample)−0.048%
7d average+0.022%if it closes, per $10,000$5funding while held, a day−$0.96
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DRAM | 61.807 | 0.0032 | pay 0.0004% / 1h | 13m 30s | $996K | $1.2M | 20x |
| Short | Variational Omni DRAM | 61.777 | 0 | get 0.0000% / 8h | 5h 13m | $2.4M | $969K | — |
Lighter DRAM
Variational Omni DRAMPrice 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
- −$4.83
- Funding while held
- −$0.96
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$5.79
- Spread needed to break even
- 0.000%
Slippage unknown: Lighter: live order book, 4 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0032%
- Per $10,000 a day
- −$0.96
- 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 | 1.05 bp | 1.1 bp −$1 | 1.7 bp −$17 | 26.1 bp −$2,612 | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 3.10 bp | doesn't fit | 7.1 bp −$71 | doesn't fit | doesn't fit |
DRAM price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International61.370cheapestAftermath Perps61.750+0.619%Ondo Perps61.750+0.619%HTX61.750+0.619%Vest61.760+0.635%Pacifica61.767+0.646%Entropy61.775+0.660%edgeX61.776+0.662%
Coinbase International
Ondo Perps
HTX
Vest
Pacifica
EntropyVariational Omni61.777+0.663%
KuCoin61.780+0.668%Polymarket Perps61.781+0.670%Aster61.791+0.686%tradeXYZ61.797+0.696%SoDEX61.799+0.699%Arcus61.800+0.701%QFEX61.800+0.701%MEXC61.800+0.701%Bitget61.800+0.701%SunX61.800+0.701%Phemex61.800+0.701%BloFin61.800+0.701%Aevo61.803+0.706%Paradex61.805+0.709%
KuCoin
Polymarket Perps
Aster
tradeXYZ
SoDEX
Arcus
QFEX
MEXC
Bitget
SunX
Phemex
BloFin
Aevo
ParadexLighter61.807+0.712%
Extended61.808+0.714%Binance61.809+0.715%RISEx61.809+0.715%OKX61.810+0.717%ApeX Omni61.810+0.717%Deribit61.810+0.717%Orderly61.820+0.733%Bybit61.830+0.750%Gate61.830+0.750%
Extended
Binance
RISEx
OKX
ApeX Omni
Deribit
Orderly
Bybit
GateDRAM 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 | −0.707% | +0.0160% | 1h | $508K | $41K | 20x | as long as short |
| Aftermath Perps DRAMUSD | −0.093% | +0.0129% | 1h | $1K | $36K | 5x | as long as short |
| Ondo Perps DRAM-USD.P | −0.092% | +0.0050% | 1h | $1.1M | $1.6M | 10x | as long as short |
| HTX DRAM-USDT | −0.092% | 0.0000% | 8h | $28K | $3K | 20x | as long as short |
| Vest DRAM-USD-PERP | −0.076% | +0.0046% | 1h | — | $797 | 10x | as long as short |
| Pacifica DRAM | −0.065% | +0.0100% | 1h | $75K | $40K | 10x | as long as short |
| Entropy io:DRAM | −0.052% | +0.0076% | 1h | $248K | $509K | 25x | as long as short |
| edgeX DRAMUSDC | −0.049% | +0.0038% | 4h | $153K | $290K | 20x | as long as short |
| Variational Omni DRAMshort | −0.048% | 0.0000% | 8h | $2.4M | $969K | — | |
| KuCoin DRAMUSDTM | −0.044% | +0.0100% | 8h | $3.0M | $454K | 20x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps DRAM-USD | −0.042% | +0.0050% | 1h | $194K | $1.2M | 10x | as long as short |
| Aster DRAMUSDT | −0.026% | 0.0000% | 8h | $203K | $28K | 20x | as long as short |
| tradeXYZ xyz:DRAM | −0.016% | +0.0050% | 1h | $79.4M | $36.3M | 20x | as long as short |
| SoDEX DRAM-USD | −0.013% | +0.0050% | 1h | $2K | $15K | 20x | as long as short |
| Arcus DRAM-USD | −0.011% | +0.0406% | 1h | $50K | $99K | 10x | as long as short |
| QFEX DRAM-USD | −0.011% | +0.0034% | 1h | $1.0M | $62K | 10x | as long as short |
| MEXC DRAM_USDT | −0.011% | 0.0000% | 8h | $11.7M | $6.2M | 100x | as long as short |
| Bitget DRAMUSDT | −0.011% | 0.0000% | 8h | $26.1M | $11.2M | 20x | as long as short |
| SunX DRAM-USDT | −0.011% | 0.0000% | 8h | $662 | $3.2M | 10x | as long as short |
| Phemex DRAMUSDT | −0.011% | 0.0000% | 8h | $1.8M | $1.2M | 10x | as long as short |
| BloFin DRAM-USDT | −0.011% | +0.0120% | 8h | $300K | $26K | 20x | as long as short |
| Aevo DRAM-PERP | −0.006% | +0.0104% | 1h | $4K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | −0.003% | +0.0052% | 8h | — | — | 5x | as long as short |
| Lighter DRAMlong | 0.000% | +0.0032% | 1h | $996K | $1.2M | 20x | |
| Extended DRAM-USD | +0.002% | 0.0000% | 1h | $74K | $712K | 10x | as long as short |
| Binance DRAMUSDT | +0.003% | 0.0000% | 8h | $43.5M | $74.2M | 50x | as long as short |
| RISEx DRAM/USDC | +0.003% | 0.0000% | 1h | $447K | $423K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.005% | 0.0000% | 8h | $5.4M | $4.8M | 50x | as long as short |
| ApeX Omni DRAMUSDT | +0.005% | +0.0100% | 1h | $22K | $178K | 50x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.005% | +0.0236% | 1h | $13K | $9K | 20x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.021% | +0.0100% | 8h | $8K | — | 10x | as long as short |
| Bybit DRAMUSDT | +0.037% | 0.0000% | 8h | $9.0M | $9.4M | 100x | as long as short |
| Gate DRAM_USDT | +0.037% | 0.0000% | 8h | $8.2M | $3.2M | 75x | as long as short |