Funding you earn now, next payment 22:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.08 per $10,000 · paid last 24h −0.016%
Price spread now: Lighter against Hyperliquid−0.106%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$460.463% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.106%, 7d avg −0.106%
=Together, before fees+0.004%+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.106%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DASH | 59.203 | 0.0160 | pay 0.0020% / 1h | 19m 21s | $4.4M | $2.3M | 5x |
| Short | Lighter DASH | 59.140 | 0.0096 | get 0.0012% / 1h | 19m 21s | $118K | $102K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$13.38
- Price spread: −0.106% → −0.106%
- −$0.05
- Slippage, 4 orders
- −$37.26
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$59.69
- Costs to cover
- 0.463%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 2 min ago; Lighter: live order book, 62 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 Hyperliquid live order book, 2 min ago | 2.87 bp | 10.8 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 62 min ago | 6.70 bp | 14.7 bp −$15 | 25.3 bp −$253 | doesn't fit | doesn't fit |
DASH on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DASH_USDC-PERPETUAL | −0.0257% | 1h | 59.130 | −0.123% | $237 | $2K | 50x | as long as short |
| Kraken Futures PF_DASHUSD | −0.0120% | 1h | 59.172 | −0.052% | $704K | $2.7M | 25x | as long as short |
| KuCoin DASHUSDTM | −0.0065% | 8h | 59.130 | −0.123% | $8.0M | $4.0M | 30x | as long as short |
| OKX DASH-USDT-SWAP | −0.0056% | 4h | 59.070 | −0.225% | $5.2M | $27.6M | 50x | as long as short |
| Injective DASH/USDC PERP | +0.0033% | 1h | 58.830 | −0.630% | $7 | $78K | 5.5x | as long as short |
| Lighter DASHshort | +0.0096% | 1h | 59.140 | −0.106% | $118K | $102K | 10x | |
| Aster DASHUSDT | +0.0100% | 8h | 59.110 | −0.157% | $127K | $363K | 20x | as long as short |
| Binance DASHUSDT | +0.0100% | 8h | 59.103 | −0.169% | $27.9M | $86.3M | 75x | as long as short |
| Bybit DASHUSDT | +0.0100% | 8h | 59.100 | −0.174% | $10.4M | $18.3M | 75x | as long as short |
| Gate DASH_USDT | +0.0100% | 8h | 59.110 | −0.157% | $1.8M | $2.5M | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DASH_USDT | +0.0100% | 8h | 59.110 | −0.157% | $20.7M | $10.3M | 100x | as long as short |
| Bitget DASHUSDT | +0.0100% | 8h | 59.110 | −0.157% | $6.4M | $2.8M | 50x | as long as short |
| BingX DASH-USDT | +0.0100% | 8h | 59.110 | −0.157% | — | $6.1M | — | as long as short |
| Variational Omni DASH | +0.0100% | 8h | 59.092 | −0.188% | $312K | $269K | — | as long as short |
| SunX DASH-USDT | +0.0100% | 8h | 59.100 | −0.174% | $25K | $1.2M | 20x | as long as short |
| SoDEX DASH-USD | +0.0100% | 1h | 59.105 | −0.166% | $271K | $4K | 5x | as long as short |
| HTX DASH-USDT | +0.0100% | 8h | 59.240 | +0.062% | $124K | $199K | 30x | as long as short |
| Extended DASH-USD | +0.0104% | 1h | 59.093 | −0.186% | $10K | $207K | 10x | as long as short |
| BloFin DASH-USDT | +0.0129% | 8h | 59.080 | −0.208% | $2.6M | $1.3M | 75x | as long as short |
| Hyperliquid DASHlong | +0.0160% | 1h | 59.203 | long leg | $4.4M | $2.3M | 5x | |
| Coinbase International DASH-PERP-INTX | +0.0200% | 1h | 59.240 | +0.062% | $99K | $228K | 25x | as long as short |
| GMX DASH/USD [WBTC.b-USDC] | L +0.0563% / S −0.0532% | 1h | 59.114 | −0.151% | $150K | — | 50x | as long as short |
Hyperliquid DASH
Lighter DASH
Deribit DASH_USDC-PERPETUAL
Kraken Futures PF_DASHUSD
KuCoin DASHUSDTM
OKX DASH-USDT-SWAP
Injective DASH/USDC PERP
Aster DASHUSDT
Binance DASHUSDT
Bybit DASHUSDT
Gate DASH_USDT
MEXC DASH_USDT
Bitget DASHUSDT
BingX DASH-USDT
Variational Omni DASH
SunX DASH-USDT
SoDEX DASH-USD
HTX DASH-USDT
Extended DASH-USD
BloFin DASH-USDT
Coinbase International DASH-PERP-INTX
GMX DASH/USD [WBTC.b-USDC]