Funding arb · Price arb /

DASH

all DASH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0252%/8h= +27.6% APRpaid last 24h +0.027%

Price spread now: Coinbase International against BloFin+0.553%7-day average +0.227% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$710.708% of the position

Long on BloFin Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 4 days (all we have)−0.378%−$38 · spread now +0.553%, 7d avg +0.227%

Together, before fees−0.365%−$37 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Coinbase International is 0.326% dearer against BloFin than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of +0.227%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.013% in total (about 0.7% 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	BloFin DASH-USDT	59.720	0.0220	pay 0.0220% / 8h	53m 04s	$3.1M	$1.4M	75x
Short	Coinbase International DASH-PERP-INTX	60.050	0.0472	get 0.0059% / 1h	53m 04s	$84K	$261K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against BloFin. 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 BloFinbpFee Coinbase InternationalbpOrdersPrice spread, now +0.553%Rate

Funding earned: $52.92
Price spread: +0.553% → +0.227%: $32.58
Slippage, 4 orders: −$48.76
Fee BloFin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $14.74
Costs to cover: 0.708%
Break-even: 5.1 days

Slippage from BloFin: live order book, 5 min ago; Coinbase International: live order book, 50 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 BloFin live order book, 5 min ago	0.84 bp	11.9 bp −$12	19.4 bp −$194	59.8 bp −$5,976	doesn't fit
Sell Coinbase International live order book, 50 min ago	15.23 bp	21.8 bp −$22	35.2 bp −$352	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	+0.0033%	1h	58.850	−1.457%	$7	$134K	5.5x	as long as short
Lighter DASH	+0.0096%	1h	59.740	+0.033%	$122K	$111K	10x	as long as short
Aster DASHUSDT	+0.0100%	8h	59.700	−0.034%	$127K	$434K	20x	as long as short
Binance DASHUSDT	+0.0100%	8h	59.719	−0.002%	$29.0M	$91.4M	75x	as long as short
Bybit DASHUSDT	+0.0100%	8h	59.740	+0.033%	$11.0M	$21.3M	75x	as long as short
OKX DASH-USDT-SWAP	+0.0100%	4h	59.690	−0.050%	$6.2M	$31.0M	50x	as long as short
Gate DASH_USDT	+0.0100%	8h	59.710	−0.017%	$1.6M	$3.0M	50x	as long as short
MEXC DASH_USDT	+0.0100%	8h	59.700	−0.033%	$21.0M	$11.9M	100x	as long as short
KuCoin DASHUSDTM	+0.0100%	8h	59.720	0.000%	$8.3M	$4.5M	30x	as long as short
Bitget DASHUSDT	+0.0100%	8h	59.710	−0.017%	$6.7M	$3.3M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX DASH-USDT	+0.0100%	8h	59.730	+0.017%	—	$7.8M	—	as long as short
Variational Omni DASH	+0.0100%	8h	59.624	−0.161%	$320K	$263K	—	as long as short
SunX DASH-USDT	+0.0100%	8h	59.720	0.000%	$26K	$1.3M	20x	as long as short
SoDEX DASH-USD	+0.0100%	1h	59.689	−0.052%	$274K	$4K	5x	as long as short
Extended DASH-USD	+0.0104%	1h	59.664	−0.094%	$15K	$236K	10x	as long as short
BloFin DASH-USDTlong	+0.0220%	8h	59.720	long leg	$3.1M	$1.4M	75x
Deribit DASH_USDC-PERPETUAL	+0.0253%	1h	59.690	−0.050%	$30K	$32K	50x	as long as short
Kraken Futures PF_DASHUSD	+0.0275%	1h	59.702	−0.030%	$760K	$3.3M	25x	as long as short
HTX DASH-USDT	+0.0334%	8h	59.810	+0.151%	$120K	$248K	30x	as long as short
Coinbase International DASH-PERP-INTXshort	+0.0472%	1h	60.050	+0.553%	$84K	$261K	25x
GMX DASH/USD [WBTC.b-USDC]	L +0.0518% / S −0.0497%	1h	59.662	−0.098%	$144K	—	50x	as long as short
Hyperliquid DASH	+0.0665%	1h	59.822	+0.171%	$4.5M	$2.7M	5x	as long as short