Funding you earn now, next payment 06:00 UTC−0.0356%/8h= −39.0% APRpaid last 24h −0.038%
Price spread now: Bybit against Coinbase International−0.133%7-day average −0.187% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$710.712% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.133%, 7d avg −0.187%
=The price spread pays, funding is against you. Bybit is 0.054% dearer against Coinbase International than usual: you sell high and buy low (spread −0.133% now, against its 7-day average of −0.187%): +$5 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.014% in total) that is about 28 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% 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 | Coinbase International DASH-PERP-INTX | 59.930 | 0.0456 | pay 0.0057% / 1h | 8m 49s | $84K | $261K | 25x |
| Short | Bybit DASHUSDT | 59.850 | 0.0100 | get 0.0100% / 8h | 1h 08m | $11.0M | $21.3M | 75x |
Coinbase International DASH-PERP-INTX
Bybit DASHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Coinbase International. 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
- −$74.76
- Price spread: −0.133% → −0.187%
- $5.4
- Slippage, 4 orders
- −$50.21
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$140.58
- Costs to cover
- 0.712%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 34 min ago; Bybit: live order book, 5 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 Coinbase International live order book, 34 min ago | 15.23 bp | 25.0 bp −$25 | 41.0 bp −$410 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.67 bp | 10.0 bp −$10 | 24.1 bp −$241 | 135.6 bp −$13.6K | 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 | −1.802% | $7 | $134K | 5.5x | as long as short |
| Lighter DASH | +0.0096% | 1h | 59.900 | −0.050% | $122K | $113K | 10x | as long as short |
| Aster DASHUSDT | +0.0100% | 8h | 59.812 | −0.196% | $128K | $433K | 20x | as long as short |
| Binance DASHUSDT | +0.0100% | 8h | 59.840 | −0.150% | $29.1M | $91.4M | 75x | as long as short |
| Bybit DASHUSDTshort | +0.0100% | 8h | 59.850 | −0.133% | $11.0M | $21.3M | 75x | |
| OKX DASH-USDT-SWAP | +0.0100% | 4h | 59.820 | −0.184% | $6.3M | $31.0M | 50x | as long as short |
| Gate DASH_USDT | +0.0100% | 8h | 59.850 | −0.133% | $1.7M | $2.9M | 50x | as long as short |
| MEXC DASH_USDT | +0.0100% | 8h | 59.830 | −0.167% | $20.8M | $12.1M | 100x | as long as short |
| KuCoin DASHUSDTM | +0.0100% | 8h | 59.830 | −0.167% | $8.3M | $4.5M | 30x | as long as short |
| Bitget DASHUSDT | +0.0100% | 8h | 59.800 | −0.217% | $6.7M | $3.3M | 50x | as long as short |
Injective DASH/USDC PERP
Lighter DASH
Aster DASHUSDT
Binance DASHUSDT
OKX DASH-USDT-SWAP
Gate DASH_USDT
MEXC DASH_USDT
KuCoin DASHUSDTM
Bitget DASHUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DASH-USDT | +0.0100% | 8h | 59.870 | −0.100% | — | $7.8M | — | as long as short |
| Variational Omni DASH | +0.0100% | 8h | 59.819 | −0.185% | $321K | $276K | — | as long as short |
| SunX DASH-USDT | +0.0100% | 8h | 59.940 | +0.017% | $26K | $1.3M | 20x | as long as short |
| SoDEX DASH-USD | +0.0100% | 1h | 59.885 | −0.075% | $275K | $4K | 5x | as long as short |
| Extended DASH-USD | +0.0104% | 1h | 59.813 | −0.195% | $11K | $200K | 10x | as long as short |
| BloFin DASH-USDT | +0.0220% | 8h | 59.920 | −0.017% | $3.1M | $1.4M | 75x | as long as short |
| HTX DASH-USDT | +0.0344% | 8h | 60.030 | +0.167% | $121K | $247K | 30x | as long as short |
| Coinbase International DASH-PERP-INTXlong | +0.0456% | 1h | 59.930 | long leg | $84K | $261K | 25x | |
| GMX DASH/USD [WBTC.b-USDC] | L +0.0515% / S −0.0493% | 1h | 59.705 | −0.376% | $143K | — | 50x | as long as short |
| Kraken Futures PF_DASHUSD | +0.0574% | 1h | 59.911 | −0.032% | $769K | $3.3M | 25x | as long as short |
| Deribit DASH_USDC-PERPETUAL | +0.0585% | 1h | 59.920 | −0.017% | $30K | $32K | 50x | as long as short |
| Hyperliquid DASH | +0.0882% | 1h | 59.868 | −0.103% | $4.5M | $2.7M | 5x | as long as short |
BingX DASH-USDT
Variational Omni DASH
SunX DASH-USDT
SoDEX DASH-USD
Extended DASH-USD
BloFin DASH-USDT
HTX DASH-USDT
GMX DASH/USD [WBTC.b-USDC]
Kraken Futures PF_DASHUSD
Deribit DASH_USDC-PERPETUAL
Hyperliquid DASH