Funding you earn now, next payment 23:00 UTC−0.0168%/8h= −18.4% APRnext payment −$0.21 per $10,000 · paid last 24h −0.017%
Price spread now: Lighter against Coinbase International−0.759%7-day average −0.212% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$690.687% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 3 days (all we have)+0.586%+$59 · spread now −0.759%, 7d avg −0.212%
=Together, before fees+0.576%+ Points / potential airdropLighter: Season 3 · farm board+$58 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Lighter is 0.547% cheaper against Coinbase International than usual: you would sell low and buy high (−$55 if the spread goes back to its 7-day average of −0.212%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DASH-PERP-INTX | 59.560 | 0.0264 | pay 0.0033% / 1h | 32m 46s | $99K | $220K | 25x |
| Short | Lighter DASH | 59.108 | 0.0096 | get 0.0012% / 1h | 32m 46s | $120K | $130K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$35.28
- Price spread: −0.759% → −0.212%
- −$54.68
- Slippage, 4 orders
- −$58.74
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$158.7
- Costs to cover
- 0.687%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 45 min ago; Lighter: live order book, 27 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, 45 min ago | 8.50 bp | 21.1 bp −$21 | 29.6 bp −$296 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 27 min ago | 10.06 bp | 13.8 bp −$14 | 30.0 bp −$300 | 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 | +0.0030% | 8h | 59.060 | −0.839% | $8.1M | $3.9M | 30x | as long as short |
| Injective DASH/USDC PERP | +0.0060% | 1h | 58.850 | −1.192% | $7 | $134K | 5.5x | as long as short |
| Deribit DASH_USDC-PERPETUAL | +0.0088% | 1h | 59.140 | −0.705% | $237 | $2K | 50x | as long as short |
| Lighter DASHshort | +0.0096% | 1h | 59.108 | −0.759% | $120K | $130K | 10x | |
| Aster DASHUSDT | +0.0100% | 8h | 59.064 | −0.833% | $131K | $368K | 20x | as long as short |
| Binance DASHUSDT | +0.0100% | 8h | 59.075 | −0.815% | $28.1M | $86.3M | 75x | as long as short |
| Bybit DASHUSDT | +0.0100% | 8h | 59.080 | −0.806% | $10.3M | $18.5M | 75x | as long as short |
| OKX DASH-USDT-SWAP | +0.0100% | 4h | 59.040 | −0.873% | $5.3M | $27.3M | 50x | as long as short |
| Gate DASH_USDT | +0.0100% | 8h | 59.090 | −0.789% | $1.8M | $2.5M | 50x | as long as short |
| MEXC DASH_USDT | +0.0100% | 8h | 59.080 | −0.806% | $21.5M | $10.0M | 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 | 59.070 | −0.823% | $6.4M | $2.8M | 50x | as long as short |
| BingX DASH-USDT | +0.0100% | 8h | 59.070 | −0.823% | — | $6.3M | — | as long as short |
| Variational Omni DASH | +0.0100% | 8h | 59.118 | −0.742% | $312K | $276K | — | as long as short |
| SunX DASH-USDT | +0.0100% | 8h | 59.130 | −0.722% | $25K | $1.2M | 20x | as long as short |
| SoDEX DASH-USD | +0.0100% | 1h | 59.109 | −0.757% | $271K | $4K | 5x | as long as short |
| HTX DASH-USDT | +0.0100% | 8h | 59.180 | −0.638% | $124K | $210K | 30x | as long as short |
| Extended DASH-USD | +0.0104% | 1h | 59.083 | −0.801% | $10K | $202K | 10x | as long as short |
| BloFin DASH-USDT | +0.0220% | 8h | 59.130 | −0.722% | $2.7M | $1.3M | 75x | as long as short |
| Coinbase International DASH-PERP-INTXlong | +0.0264% | 1h | 59.560 | long leg | $99K | $220K | 25x | |
| GMX DASH/USD [WBTC.b-USDC] | L +0.0480% / S −0.0419% | 1h | 59.097 | −0.778% | $126K | — | 50x | as long as short |
| Hyperliquid DASH | +0.0567% | 1h | 59.147 | −0.694% | $4.4M | $2.3M | 5x | as long as short |
| Kraken Futures PF_DASHUSD | +0.0650% | 1h | 59.172 | −0.652% | $719K | $2.7M | 25x | as long as short |
Coinbase International DASH-PERP-INTX
Lighter DASH
KuCoin DASHUSDTM
Injective DASH/USDC PERP
Deribit DASH_USDC-PERPETUAL
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
GMX DASH/USD [WBTC.b-USDC]
Hyperliquid DASH
Kraken Futures PF_DASHUSD