Funding arb · Price arb /

DASH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.006%

Price spread now: Aster against Lighter+0.030%7-day average +0.009% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$670.667% 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)−0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.030%, 7d avg +0.009%

Together, before fees+0.006%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$1 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 0.021% dearer against Lighter than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter DASH	59.283	0.0096	pay 0.0012% / 1h	11m 35s	$122K	$122K	10x
Short	Aster DASHUSDT	59.301	0.0100	get 0.0100% / 8h	7h 11m	$129K	$335K	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 +0.030%Rate

Funding earned: $0.84
Price spread: +0.030% → +0.009%: $2.1
Slippage, 4 orders: −$58.69
Fee Lighter: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$63.75
Costs to cover: 0.667%
Break-even: 538.2 days

Slippage from Lighter: live order book, 43 min ago; Aster: live order book, 60 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, 43 min ago	9.94 bp	16.6 bp −$17	27.9 bp −$279	249.3 bp −$24.9K	doesn't fit
Sell Aster live order book, 60 min ago	1.70 bp	10.9 bp −$11	37.8 bp −$378	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	0.0000%	1h	59.340	+0.096%	$237	$2K	50x	as long as short
Injective DASH/USDC PERP	+0.0033%	1h	58.850	−0.730%	$7	$134K	5.5x	as long as short
KuCoin DASHUSDTM	+0.0093%	8h	59.250	−0.056%	$8.1M	$3.7M	30x	as long as short
Lighter DASHlong	+0.0096%	1h	59.283	long leg	$122K	$122K	10x
Aster DASHUSDTshort	+0.0100%	8h	59.301	+0.030%	$129K	$335K	20x
Binance DASHUSDT	+0.0100%	8h	59.241	−0.071%	$28.3M	$84.2M	75x	as long as short
Bybit DASHUSDT	+0.0100%	8h	59.240	−0.073%	$10.4M	$18.1M	75x	as long as short
OKX DASH-USDT-SWAP	+0.0100%	4h	59.210	−0.123%	$5.4M	$26.6M	50x	as long as short
Gate DASH_USDT	+0.0100%	8h	59.270	−0.022%	$1.8M	$2.5M	50x	as long as short
MEXC DASH_USDT	+0.0100%	8h	59.270	−0.022%	$21.7M	$10.6M	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	59.240	−0.073%	$6.4M	$2.7M	50x	as long as short
BingX DASH-USDT	+0.0100%	8h	59.220	−0.106%	—	$6.8M	—	as long as short
Variational Omni DASH	+0.0100%	8h	59.326	+0.072%	$312K	$276K	—	as long as short
SunX DASH-USDT	+0.0100%	8h	59.380	+0.164%	$25K	$1.2M	20x	as long as short
SoDEX DASH-USD	+0.0100%	1h	59.345	+0.105%	$272K	$4K	5x	as long as short
HTX DASH-USDT	+0.0100%	8h	59.430	+0.248%	$124K	$209K	30x	as long as short
Extended DASH-USD	+0.0104%	1h	59.234	−0.083%	$10K	$211K	10x	as long as short
BloFin DASH-USDT	+0.0220%	8h	59.420	+0.231%	$2.7M	$1.3M	75x	as long as short
Coinbase International DASH-PERP-INTX	+0.0344%	1h	59.540	+0.434%	$100K	$219K	25x	as long as short
GMX DASH/USD [WBTC.b-USDC]	L +0.0510% / S −0.0457%	1h	59.347	+0.108%	$135K	—	50x	as long as short
Hyperliquid DASH	+0.0858%	1h	59.356	+0.123%	$4.6M	$2.3M	5x	as long as short
Kraken Futures PF_DASHUSD	+0.0914%	1h	59.409	+0.212%	$728K	$2.8M	25x	as long as short