Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0146%/8h= −16.0% APRnext payment $0.18 per $10,000 · paid last 24h −0.042%
Price spread now: Vest against Lighter−0.143%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Vest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Vest is 0.143% cheaper against Lighter than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter DRAM62.4190.0192pay 0.0024% / 1h47m 17s$977K$1.2M20x
ShortVest DRAM-USD-PERP62.3300.0046get 0.0006% / 1h47m 17s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Lighter. 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

Funding earned
−$30.73
Price spread: −0.143% → 0.000%
−$14.26
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Vest: 1 bp × 2 orders
−$2
Net
−$46.99
Costs to cover
0.020%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 4 min ago; Vest: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 4 min ago0.96 bp1.0 bp −$13.0 bp −$3044.8 bp −$4,485doesn't fit
Sell Vest no order-book sample
Vest: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX DRAM-USDT0.0000%8h62.410−0.014%$584$3.1M10xas long as short
HTX DRAM-USDT0.0000%8h62.250−0.271%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.410−0.014%$1.8M$1.3M10xas long as short
edgeX DRAMUSDC+0.0001%4h62.288−0.209%$151K$296K20xas long as short
Aftermath Perps DRAMUSD+0.0038%1h62.236−0.293%$1K$35K5xas long as short
Vest DRAM-USD-PERPshort+0.0046%1h62.330−0.143%10x
SoDEX DRAM-USD+0.0050%1h62.398−0.034%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.250−0.271%$1.2M$1.7M10xas long as short
Pacifica DRAM+0.0100%1h62.434+0.024%$76K$40K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.330−0.143%$3.0M$447K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni DRAMUSDT+0.0100%1h62.240−0.287%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.410−0.014%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.396−0.036%$4K10xas long as short
Polymarket Perps DRAM-USD+0.0126%1h62.384−0.056%$267K$1.3M10xas long as short
QFEX DRAM-USD+0.0160%1h62.390−0.046%$1.0M$78K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.920−0.799%$535K$95K20xas long as short
Lighter DRAMlong+0.0192%1h62.419long leg$977K$1.2M20x
OKX DRAM-USDT-SWAP+0.0214%8h62.420+0.002%$5.5M$4.7M50xas long as short
Paradex DRAM-USD-PERP+0.0222%8h62.436+0.027%5xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0231%1h62.400−0.030%$13K$3K20xas long as short
Bitget DRAMUSDT+0.0298%8h62.400−0.030%$26.4M$12.7M20xas long as short
Aster DRAMUSDT+0.0344%8h62.296−0.197%$200K$36K20xas long as short
Variational Omni DRAM+0.0419%8h62.255−0.262%$2.4M$756Kas long as short
tradeXYZ xyz:DRAM+0.0463%1h62.384−0.056%$81.8M$39.4M20xas long as short
MEXC DRAM_USDT+0.0469%8h62.400−0.030%$10.1M$6.7M100xas long as short
Binance DRAMUSDT+0.0477%8h62.410−0.014%$44.6M$81.5M50xas long as short
Extended DRAM-USD+0.0480%1h62.397−0.035%$75K$767K10xas long as short
Entropy io:DRAM+0.0490%1h62.260−0.255%$254K$475K25xas long as short
Arcus DRAM-USD+0.0606%1h62.290−0.207%$51K$84K10xas long as short
Bybit DRAMUSDT+0.0644%8h62.470+0.082%$9.7M$10.5M100xas long as short
GRVT DRAM_USDT_Perp+0.0670%8h62.300−0.191%$37K$164K10xas long as short
Gate DRAM_USDT+0.0705%8h62.420+0.002%$8.3M$3.4M75xas long as short
BloFin DRAM-USDT+0.0832%8h62.430+0.018%$297K$26K20xas long as short
RISEx DRAM/USDC+0.1096%1h62.392−0.044%$455K$492K20xas long as short