Funding arb · Price arb /

DASH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0048%/8h= −5.2% APRpaid last 24h −0.022%

Price spread now: Lighter against HTX−0.003%7-day average −0.164% · you buy dearer than you sell

Net, funding: paid 7d − costs−$106as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$950.954% of the position

Long on HTX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.103%−$10 on $10k

Price spread, last 4 days (all we have)+0.375%+$38 · spread now −0.003%, 7d avg −0.164%

Together, before fees+0.272%+ Points / potential airdropLighter: Season 3 · farm board+$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter is 0.161% dearer against HTX than usual: you sell high and buy low (spread −0.003% now, against its 7-day average of −0.164%): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX DASH-USDT	59.340	0.0144	pay 0.0144% / 8h	6h 19m	$117K	$223K	30x
Short	Lighter DASH	59.338	0.0096	get 0.0012% / 1h	19m 16s	$125K	$101K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against HTX. 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 HTXbpFee LighterbpOrdersPrice spread, now −0.003%Rate

Funding earned: −$10.07
Price spread: −0.003% → −0.164%: $16.08
Slippage, 4 orders: −$83.39
Fee HTX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$89.37
Costs to cover: 0.954%
Break-even: never at this rate

Slippage from HTX: live order book, 30 min ago; Lighter: live order book, 26 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 HTX live order book, 30 min ago	24.47 bp	33.2 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 26 min ago	6.10 bp	9.6 bp −$10	24.9 bp −$249	doesn't fit	doesn't fit

DASH on 22 exchanges

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	+0.0033%	1h	58.850	−0.826%	$7	$134K	5.5x	as long as short
Deribit DASH_USDC-PERPETUAL	+0.0087%	1h	59.320	−0.034%	$30K	$32K	50x	as long as short
Lighter DASHshort	+0.0096%	1h	59.338	−0.003%	$125K	$101K	10x
Aster DASHUSDT	+0.0100%	8h	59.343	+0.005%	$125K	$366K	20x	as long as short
Binance DASHUSDT	+0.0100%	8h	59.323	−0.029%	$28.8M	$87.5M	75x	as long as short
Bybit DASHUSDT	+0.0100%	8h	59.340	0.000%	$11.3M	$21.5M	75x	as long as short
OKX DASH-USDT-SWAP	+0.0100%	4h	59.300	−0.067%	$6.2M	$31.2M	50x	as long as short
Gate DASH_USDT	+0.0100%	8h	59.330	−0.017%	$1.6M	$2.8M	50x	as long as short
MEXC DASH_USDT	+0.0100%	8h	59.340	0.000%	$21.3M	$12.3M	100x	as long as short
KuCoin DASHUSDTM	+0.0100%	8h	59.330	−0.017%	$8.5M	$4.7M	30x	as long as short

Show all 22 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget DASHUSDT	+0.0100%	8h	59.340	0.000%	$6.7M	$3.3M	50x	as long as short
BingX DASH-USDT	+0.0100%	8h	59.340	0.000%	—	$7.7M	—	as long as short
Variational Omni DASH	+0.0100%	8h	59.293	−0.079%	$318K	$239K	—	as long as short
SunX DASH-USDT	+0.0100%	8h	59.340	0.000%	$25K	$1.2M	20x	as long as short
SoDEX DASH-USD	+0.0100%	1h	59.305	−0.059%	$272K	$4K	5x	as long as short
Extended DASH-USD	+0.0104%	1h	59.305	−0.059%	$11K	$287K	10x	as long as short
HTX DASH-USDTlong	+0.0144%	8h	59.340	long leg	$117K	$223K	30x
BloFin DASH-USDT	+0.0220%	8h	59.260	−0.135%	$3.1M	$1.4M	75x	as long as short
Hyperliquid DASH	+0.0331%	1h	59.414	+0.125%	$4.7M	$2.8M	5x	as long as short
GMX DASH/USD [WBTC.b-USDC]	L +0.0527% / S −0.0389%	1h	59.301	−0.066%	$159K	—	50x	as long as short
Kraken Futures PF_DASHUSD	+0.0548%	1h	59.333	−0.012%	$760K	$3.0M	25x	as long as short
Coinbase International DASH-PERP-INTX	+0.0552%	1h	59.660	+0.539%	$82K	$212K	25x	as long as short