Funding you earn now, next payment 10:00 UTC−0.0436%/8h= −47.7% APRpaid last 24h −0.094%
Price spread now: KuCoin against Coinbase International−0.084%7-day average −0.227% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$1011.007% of the position
Funding, last 7 days−0.179%−$18 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.084%, 7d avg −0.227%
=The price spread pays, funding is against you. KuCoin is 0.143% dearer against Coinbase International than usual: you sell high and buy low (spread −0.084% now, against its 7-day average of −0.227%): +$14 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.179% in total) that is about 5.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.179% in total (about -9.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DASH-PERP-INTX | 59.370 | 0.0536 | pay 0.0067% / 1h | 58m 18s | $81K | $208K | 25x |
| Short | KuCoin DASHUSDTM | 59.320 | 0.0100 | get 0.0100% / 8h | 5h 58m | $8.5M | $4.7M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$91.56
- Price spread: −0.084% → −0.227%
- $14.29
- Slippage, 4 orders
- −$78.74
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$178
- Costs to cover
- 1.007%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 52 min ago; KuCoin: live order book, 3 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, 52 min ago | 18.61 bp | 28.4 bp −$28 | 44.7 bp −$447 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 6.74 bp | 21.9 bp −$22 | 83.8 bp −$838 | doesn't fit | doesn't fit |
DASH on 22 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DASHUSD | −0.0332% | 1h | 59.271 | −0.167% | $759K | $3.0M | 25x | as long as short |
| Deribit DASH_USDC-PERPETUAL | 0.0000% | 1h | 59.260 | −0.185% | $30K | $32K | 50x | as long as short |
| Injective DASH/USDC PERP | +0.0033% | 1h | 58.850 | −0.876% | $7 | $134K | 5.5x | as long as short |
| Lighter DASH | +0.0096% | 1h | 59.392 | +0.037% | $126K | $100K | 10x | as long as short |
| Aster DASHUSDT | +0.0100% | 8h | 59.278 | −0.155% | $123K | $356K | 20x | as long as short |
| Binance DASHUSDT | +0.0100% | 8h | 59.270 | −0.169% | $28.8M | $86.1M | 75x | as long as short |
| Bybit DASHUSDT | +0.0100% | 8h | 59.280 | −0.152% | $11.3M | $21.2M | 75x | as long as short |
| OKX DASH-USDT-SWAP | +0.0100% | 4h | 59.240 | −0.219% | $6.2M | $30.4M | 50x | as long as short |
| Gate DASH_USDT | +0.0100% | 8h | 59.290 | −0.135% | $1.6M | $2.8M | 50x | as long as short |
| MEXC DASH_USDT | +0.0100% | 8h | 59.270 | −0.168% | $21.7M | $11.8M | 100x | as long as short |
Show all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DASHUSDTMshort | +0.0100% | 8h | 59.320 | −0.084% | $8.5M | $4.7M | 30x | |
| Bitget DASHUSDT | +0.0100% | 8h | 59.310 | −0.101% | $6.7M | $3.3M | 50x | as long as short |
| BingX DASH-USDT | +0.0100% | 8h | 59.300 | −0.118% | — | $7.4M | — | as long as short |
| Variational Omni DASH | +0.0100% | 8h | 59.231 | −0.234% | $318K | $218K | — | as long as short |
| SunX DASH-USDT | +0.0100% | 8h | 59.330 | −0.067% | $25K | $1.2M | 20x | as long as short |
| SoDEX DASH-USD | +0.0100% | 1h | 59.245 | −0.211% | $272K | $4K | 5x | as long as short |
| HTX DASH-USDT | +0.0100% | 8h | 59.410 | +0.067% | $117K | $209K | 30x | as long as short |
| Extended DASH-USD | +0.0104% | 1h | 59.217 | −0.258% | $10K | $289K | 10x | as long as short |
| BloFin DASH-USDT | +0.0220% | 8h | 59.280 | −0.152% | $3.1M | $1.3M | 75x | as long as short |
| Hyperliquid DASH | +0.0268% | 1h | 59.358 | −0.020% | $4.6M | $2.7M | 5x | as long as short |
| GMX DASH/USD [WBTC.b-USDC] | L +0.0526% / S −0.0389% | 1h | 59.310 | −0.100% | $159K | — | 50x | as long as short |
| Coinbase International DASH-PERP-INTXlong | +0.0536% | 1h | 59.370 | long leg | $81K | $208K | 25x |
Coinbase International DASH-PERP-INTX
KuCoin DASHUSDTM
Kraken Futures PF_DASHUSD
Deribit DASH_USDC-PERPETUAL
Injective DASH/USDC PERP
Lighter DASH
Aster DASHUSDT
Binance 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
Hyperliquid DASH
GMX DASH/USD [WBTC.b-USDC]