Funding arb · Price arb /

DASH

all DASH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0138%/8h= +15.1% APRpaid last 24h −0.040%

Price spread now: Kraken Futures against Bybit+0.118%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$420.415% of the position

Long on Bybit Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.521%−$52 on $10k

Price spread, last 3 days (all we have)−0.296%−$30 · spread now +0.118%, 7d avg +0.037%

Together, before fees−0.817%−$82 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Kraken Futures is 0.081% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.037%. Mind the row above: over the last 7 days funding on this pair cost −0.521%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DASHUSDT	59.000	0.0100	pay 0.0100% / 8h	1h 42m	$10.4M	$18.4M	75x
Short	Kraken Futures PF_DASHUSD	59.070	0.0238	get 0.0030% / 1h	42m 11s	$707K	$2.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bybit. 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 BybitbpFee Kraken FuturesbpOrdersPrice spread, now +0.118%Rate

Funding earned: $29.03
Price spread: +0.118% → +0.037%: $8.1
Slippage, 4 orders: −$20.52
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$4.39
Costs to cover: 0.415%
Break-even: 8.1 days

Slippage from Bybit: live order book, 1 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 Bybit live order book, 1 min ago	0.85 bp	9.5 bp −$10	22.2 bp −$222	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 2 min ago	4.23 bp	11.5 bp −$11	19.4 bp −$194	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
KuCoin DASHUSDTM	−0.0039%	8h	58.990	−0.017%	$8.0M	$4.0M	30x	as long as short
Injective DASH/USDC PERP	−0.0017%	1h	58.570	−0.729%	$7	$105K	5.5x	as long as short
Deribit DASH_USDC-PERPETUAL	0.0000%	1h	59.010	+0.017%	$236	$2K	50x	as long as short
OKX DASH-USDT-SWAP	+0.0057%	4h	58.960	−0.068%	$5.2M	$27.4M	50x	as long as short
BloFin DASH-USDT	+0.0083%	8h	58.940	−0.102%	$2.6M	$1.3M	75x	as long as short
Lighter DASH	+0.0096%	1h	59.033	+0.056%	$118K	$99K	10x	as long as short
Aster DASHUSDT	+0.0100%	8h	58.989	−0.018%	$127K	$352K	20x	as long as short
Binance DASHUSDT	+0.0100%	8h	59.000	0.000%	$27.9M	$86.0M	75x	as long as short
Bybit DASHUSDTlong	+0.0100%	8h	59.000	long leg	$10.4M	$18.4M	75x
Gate DASH_USDT	+0.0100%	8h	58.990	−0.017%	$1.8M	$2.5M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC DASH_USDT	+0.0100%	8h	59.000	0.000%	$20.6M	$9.9M	100x	as long as short
Bitget DASHUSDT	+0.0100%	8h	59.000	0.000%	$6.4M	$2.8M	50x	as long as short
BingX DASH-USDT	+0.0100%	8h	58.990	−0.017%	—	$6.1M	—	as long as short
Variational Omni DASH	+0.0100%	8h	58.899	−0.171%	$314K	$273K	—	as long as short
SunX DASH-USDT	+0.0100%	8h	59.000	0.000%	$25K	$1.2M	20x	as long as short
SoDEX DASH-USD	+0.0100%	1h	59.000	0.000%	$271K	$4K	5x	as long as short
HTX DASH-USDT	+0.0100%	8h	59.180	+0.305%	$124K	$200K	30x	as long as short
Extended DASH-USD	+0.0104%	1h	59.008	+0.014%	$10K	$207K	10x	as long as short
Kraken Futures PF_DASHUSDshort	+0.0238%	1h	59.070	+0.118%	$707K	$2.7M	25x
Coinbase International DASH-PERP-INTX	+0.0248%	1h	59.060	+0.102%	$99K	$224K	25x	as long as short
Hyperliquid DASH	+0.0441%	1h	59.121	+0.205%	$4.4M	$2.4M	5x	as long as short
GMX DASH/USD [WBTC.b-USDC]	L +0.0546% / S −0.0510%	1h	59.008	+0.014%	$145K	—	50x	as long as short