Funding you earn now, next payment 22:00 UTC+0.0265%/8h= +29.0% APRnext payment +$0.33 per $10,000 · paid last 24h +0.037%
Price spread now: Coinbase International against Injective+1.105%64s7-day average −0.090% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.075%+$7 on $10k
+Price spread, last 3 days (all we have)+0.737%+$74 · spread now +1.105%, 7d avg −0.090%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Coinbase International is 1.194% dearer against Injective than usual: you sell high and buy low: +$119 more if the spread goes back to its 7-day average of −0.090%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.075% in total (about 6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.33 per $10,000. 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 | Injective DASH/USDC PERP | 58.850 | −0.0017 | get 0.0002% / 1h | 59m 58s | $7 | $134K | 5.5x |
| Short | Coinbase International DASH-PERP-INTX | 59.500 | 0.0248 | get 0.0031% / 1h | 59m 58s | $99K | $220K | 25x |
Injective DASH/USDC PERP
Coinbase International DASH-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Injective. 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
- $55.63
- Price spread: +1.105% → −0.090%
- $119.44
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $165.05
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 18 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 18 min ago | 8.50 bp | 18.3 bp −$18 | 32.8 bp −$328 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 PERPlong | −0.0017% | 1h | 58.850 | long leg | $7 | $134K | 5.5x | |
| KuCoin DASHUSDTM | −0.0004% | 8h | 59.550 | +1.189% | $8.2M | $3.9M | 30x | as long as short |
| Deribit DASH_USDC-PERPETUAL | 0.0000% | 1h | 59.580 | +1.240% | $238 | $2K | 50x | as long as short |
| Lighter DASH | +0.0096% | 1h | 59.615 | +1.300% | $127K | $119K | 10x | as long as short |
| Aster DASHUSDT | +0.0100% | 8h | 59.563 | +1.211% | $128K | $365K | 20x | as long as short |
| Binance DASHUSDT | +0.0100% | 8h | 59.563 | +1.211% | $28.3M | $85.9M | 75x | as long as short |
| Bybit DASHUSDT | +0.0100% | 8h | 59.570 | +1.223% | $10.5M | $18.4M | 75x | as long as short |
| OKX DASH-USDT-SWAP | +0.0100% | 4h | 59.520 | +1.138% | $5.3M | $27.5M | 50x | as long as short |
| Gate DASH_USDT | +0.0100% | 8h | 59.570 | +1.223% | $1.8M | $2.5M | 50x | as long as short |
| MEXC DASH_USDT | +0.0100% | 8h | 59.560 | +1.206% | $21.2M | $10.1M | 100x | as long as short |
KuCoin DASHUSDTM
Deribit DASH_USDC-PERPETUAL
Lighter DASH
Aster DASHUSDT
Binance DASHUSDT
Bybit DASHUSDT
OKX DASH-USDT-SWAP
Gate DASH_USDT
MEXC DASH_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DASHUSDT | +0.0100% | 8h | 59.570 | +1.223% | $6.5M | $2.8M | 50x | as long as short |
| BingX DASH-USDT | +0.0100% | 8h | 59.540 | +1.172% | — | $6.3M | — | as long as short |
| Variational Omni DASH | +0.0100% | 8h | 59.497 | +1.099% | $313K | $277K | — | as long as short |
| SunX DASH-USDT | +0.0100% | 8h | 59.580 | +1.240% | $25K | $1.2M | 20x | as long as short |
| SoDEX DASH-USD | +0.0100% | 1h | 59.560 | +1.206% | $273K | $4K | 5x | as long as short |
| HTX DASH-USDT | +0.0100% | 8h | 59.630 | +1.325% | $125K | $201K | 30x | as long as short |
| Extended DASH-USD | +0.0104% | 1h | 59.547 | +1.184% | $10K | $202K | 10x | as long as short |
| BloFin DASH-USDT | +0.0220% | 8h | 59.550 | +1.189% | $2.7M | $1.3M | 75x | as long as short |
| Kraken Futures PF_DASHUSD | +0.0236% | 1h | 59.631 | +1.327% | $726K | $2.7M | 25x | as long as short |
| Coinbase International DASH-PERP-INTXshort | +0.0248% | 1h | 59.500 | +1.105% | $99K | $220K | 25x | |
| GMX DASH/USD [WBTC.b-USDC] | L +0.0482% / S −0.0419% | 1h | 59.565 | +1.215% | $127K | — | 50x | as long as short |
| Hyperliquid DASH | +0.0533% | 1h | 59.685 | +1.419% | $4.5M | $2.4M | 5x | as long as short |
Bitget DASHUSDT
BingX DASH-USDT
Variational Omni DASH
SunX DASH-USDT
SoDEX DASH-USD
HTX DASH-USDT
Extended DASH-USD
BloFin DASH-USDT
Kraken Futures PF_DASHUSD
GMX DASH/USD [WBTC.b-USDC]
Hyperliquid DASH