Funding arb · Price arb /

DASH

all DASH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.007%

Price spread now: Aster against Lighter−0.086%7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$540.535% of the position

Long on Lighter Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.010%−$1 on $10k

Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.086%, 7d avg +0.011%

Together, before fees+0.093%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.097% cheaper against Lighter than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter DASH	59.549	0.0096	pay 0.0012% / 1h	1m 37s	$127K	$119K	10x
Short	Aster DASHUSDT	59.498	0.0100	get 0.0100% / 8h	1h 01m	$128K	$364K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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

Position, each leg$Hold fordaysFee LighterbpFee AsterbpOrdersPrice spread, now −0.086%Rate

Funding earned: $0.84
Price spread: −0.086% → +0.011%: −$9.72
Slippage, 4 orders: −$45.51
Fee Lighter: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$62.39
Costs to cover: 0.535%
Break-even: 526.9 days

Slippage from Lighter: live order book, 71 min ago; Aster: live order book, 15 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 Lighter live order book, 71 min ago	4.60 bp	9.2 bp −$9	25.4 bp −$254	281.9 bp −$28.2K	doesn't fit
Sell Aster live order book, 15 min ago	0.85 bp	14.5 bp −$14	41.2 bp −$412	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
Injective DASH/USDC PERP	−0.0017%	1h	58.850	−1.174%	$7	$134K	5.5x	as long as short
KuCoin DASHUSDTM	−0.0006%	8h	59.470	−0.133%	$8.2M	$3.9M	30x	as long as short
Deribit DASH_USDC-PERPETUAL	0.0000%	1h	59.490	−0.099%	$238	$2K	50x	as long as short
Lighter DASHlong	+0.0096%	1h	59.549	long leg	$127K	$119K	10x
Aster DASHUSDTshort	+0.0100%	8h	59.498	−0.086%	$128K	$364K	20x
Binance DASHUSDT	+0.0100%	8h	59.510	−0.065%	$28.2M	$85.8M	75x	as long as short
Bybit DASHUSDT	+0.0100%	8h	59.520	−0.049%	$10.5M	$18.4M	75x	as long as short
OKX DASH-USDT-SWAP	+0.0100%	4h	59.460	−0.149%	$5.3M	$27.4M	50x	as long as short
Gate DASH_USDT	+0.0100%	8h	59.500	−0.082%	$1.8M	$2.5M	50x	as long as short
MEXC DASH_USDT	+0.0100%	8h	59.480	−0.116%	$21.0M	$10.0M	100x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget DASHUSDT	+0.0100%	8h	59.530	−0.032%	$6.5M	$2.8M	50x	as long as short
BingX DASH-USDT	+0.0100%	8h	59.510	−0.065%	—	$6.3M	—	as long as short
Variational Omni DASH	+0.0100%	8h	59.267	−0.474%	$311K	$277K	—	as long as short
SunX DASH-USDT	+0.0100%	8h	59.520	−0.049%	$25K	$1.2M	20x	as long as short
SoDEX DASH-USD	+0.0100%	1h	59.489	−0.101%	$273K	$4K	5x	as long as short
HTX DASH-USDT	+0.0100%	8h	59.590	+0.069%	$125K	$201K	30x	as long as short
Extended DASH-USD	+0.0104%	1h	59.498	−0.085%	$10K	$202K	10x	as long as short
BloFin DASH-USDT	+0.0220%	8h	59.460	−0.149%	$2.7M	$1.3M	75x	as long as short
Kraken Futures PF_DASHUSD	+0.0236%	1h	59.555	+0.011%	$721K	$2.7M	25x	as long as short
Coinbase International DASH-PERP-INTX	+0.0248%	1h	59.500	−0.082%	$99K	$220K	25x	as long as short
GMX DASH/USD [WBTC.b-USDC]	L +0.0482% / S −0.0419%	1h	59.470	−0.133%	$127K	—	50x	as long as short
Hyperliquid DASH	+0.0533%	1h	59.616	+0.113%	$4.5M	$2.4M	5x	as long as short