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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DASHUSDT | 59.050 | 0.0100 | pay 0.0100% / 8h | 6m 53s | $28.1M | $86.3M | 75x |
| Short | Kraken Futures PF_DASHUSD | 59.119 | 0.0650 | get 0.0081% / 1h | 6m 53s | $717K | $2.8M | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 6 min ago | 0.85 bp | 8.8 bp −$9 | 18.4 bp −$184 | 166.0 bp −$16.6K | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 5.92 bp | 10.9 bp −$11 | 21.9 bp −$219 | 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 | 59.020 | −0.051% | $236 | $2K | 50x | as long as short |
| Injective DASH/USDC PERP | +0.0060% | 1h | 58.850 | −0.339% | $7 | $134K | 5.5x | as long as short |
| KuCoin DASHUSDTM | +0.0063% | 8h | 59.060 | +0.017% | $8.1M | $3.9M | 30x | as long as short |
| Lighter DASH | +0.0096% | 1h | 59.059 | +0.015% | $120K | $131K | 10x | as long as short |
| Aster DASHUSDT | +0.0100% | 8h | 59.056 | +0.011% | $129K | $360K | 20x | as long as short |
| Binance DASHUSDTlong | +0.0100% | 8h | 59.050 | long leg | $28.1M | $86.3M | 75x | |
| Bybit DASHUSDT | +0.0100% | 8h | 59.060 | +0.017% | $10.3M | $18.5M | 75x | as long as short |
| OKX DASH-USDT-SWAP | +0.0100% | 4h | 59.040 | −0.017% | $5.3M | $27.3M | 50x | as long as short |
| Gate DASH_USDT | +0.0100% | 8h | 59.080 | +0.051% | $1.8M | $2.5M | 50x | as long as short |
| MEXC DASH_USDT | +0.0100% | 8h | 59.060 | +0.017% | $21.7M | $10.1M | 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 | 59.060 | +0.017% | $6.4M | $2.8M | 50x | as long as short |
| BingX DASH-USDT | +0.0100% | 8h | 59.080 | +0.051% | — | $6.6M | — | as long as short |
| Variational Omni DASH | +0.0100% | 8h | 58.916 | −0.226% | $310K | $276K | — | as long as short |
| SunX DASH-USDT | +0.0100% | 8h | 59.050 | 0.000% | $25K | $1.2M | 20x | as long as short |
| SoDEX DASH-USD | +0.0100% | 1h | 59.055 | +0.008% | $271K | $4K | 5x | as long as short |
| HTX DASH-USDT | +0.0100% | 8h | 59.220 | +0.288% | $124K | $210K | 30x | as long as short |
| Extended DASH-USD | +0.0104% | 1h | 59.054 | +0.007% | $10K | $202K | 10x | as long as short |
| BloFin DASH-USDT | +0.0220% | 8h | 59.040 | −0.017% | $2.7M | $1.3M | 75x | as long as short |
| Coinbase International DASH-PERP-INTX | +0.0264% | 1h | 59.560 | +0.864% | $99K | $218K | 25x | as long as short |
| GMX DASH/USD [WBTC.b-USDC] | L +0.0488% / S −0.0432% | 1h | 59.016 | −0.057% | $129K | — | 50x | as long as short |
| Hyperliquid DASH | +0.0647% | 1h | 59.197 | +0.249% | $4.5M | $2.3M | 5x | as long as short |
| Kraken Futures PF_DASHUSDshort | +0.0650% | 1h | 59.119 | +0.116% | $717K | $2.8M | 25x |
Binance DASHUSDT
Kraken Futures PF_DASHUSD
Deribit DASH_USDC-PERPETUAL
Injective DASH/USDC PERP
KuCoin DASHUSDTM
Lighter DASH
Aster DASHUSDT
Bybit DASHUSDT
OKX DASH-USDT-SWAP
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]
Hyperliquid DASH