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

DASH

all DASH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0550%/8h= +60.3% APRpaid last 24h −0.021%
Price spread now: Kraken Futures against Binance+0.116%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$400.398% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.384%−$38 on $10k
Price spread, last 3 days (all we have)−0.248%−$25 · spread now +0.116%, 7d avg +0.070%
Together, before fees−0.632%−$63 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Kraken Futures is 0.047% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.070%. Mind the row above: over the last 7 days funding on this pair cost −0.384%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.384% in total (about -20.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance DASHUSDT59.0500.0100pay 0.0100% / 8h6m 53s$28.1M$86.3M75x
ShortKraken Futures PF_DASHUSD59.1190.0650get 0.0081% / 1h6m 53s$717K$2.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Binance. 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
$115.59
Price spread: +0.116% → +0.070%
$4.65
Slippage, 4 orders
−$19.85
Fee Binance: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$80.39
Costs to cover
0.398%
Break-even
2.1 days
Slippage from Binance: live order book, 6 min ago; Kraken Futures: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 6 min ago0.85 bp8.8 bp −$918.4 bp −$184166.0 bp −$16.6Kdoesn't fit
Sell Kraken Futures live order book, 2 min ago5.92 bp10.9 bp −$1121.9 bp −$219doesn't fitdoesn't fit

DASH on 22 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
Deribit DASH_USDC-PERPETUAL0.0000%1h59.020−0.051%$236$2K50xas long as short
Injective DASH/USDC PERP+0.0060%1h58.850−0.339%$7$134K5.5xas long as short
KuCoin DASHUSDTM+0.0063%8h59.060+0.017%$8.1M$3.9M30xas long as short
Lighter DASH+0.0096%1h59.059+0.015%$120K$131K10xas long as short
Aster DASHUSDT+0.0100%8h59.056+0.011%$129K$360K20xas long as short
Binance DASHUSDTlong+0.0100%8h59.050long leg$28.1M$86.3M75x
Bybit DASHUSDT+0.0100%8h59.060+0.017%$10.3M$18.5M75xas long as short
OKX DASH-USDT-SWAP+0.0100%4h59.040−0.017%$5.3M$27.3M50xas long as short
Gate DASH_USDT+0.0100%8h59.080+0.051%$1.8M$2.5M50xas long as short
MEXC DASH_USDT+0.0100%8h59.060+0.017%$21.7M$10.1M100xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DASHUSDT+0.0100%8h59.060+0.017%$6.4M$2.8M50xas long as short
BingX DASH-USDT+0.0100%8h59.080+0.051%$6.6Mas long as short
Variational Omni DASH+0.0100%8h58.916−0.226%$310K$276Kas long as short
SunX DASH-USDT+0.0100%8h59.0500.000%$25K$1.2M20xas long as short
SoDEX DASH-USD+0.0100%1h59.055+0.008%$271K$4K5xas long as short
HTX DASH-USDT+0.0100%8h59.220+0.288%$124K$210K30xas long as short
Extended DASH-USD+0.0104%1h59.054+0.007%$10K$202K10xas long as short
BloFin DASH-USDT+0.0220%8h59.040−0.017%$2.7M$1.3M75xas long as short
Coinbase International DASH-PERP-INTX+0.0264%1h59.560+0.864%$99K$218K25xas long as short
GMX DASH/USD [WBTC.b-USDC]L +0.0488% / S −0.0432%1h59.016−0.057%$129K50xas long as short
Hyperliquid DASH+0.0647%1h59.197+0.249%$4.5M$2.3M5xas long as short
Kraken Futures PF_DASHUSDshort+0.0650%1h59.119+0.116%$717K$2.8M25x