Funding you earn now, next payment 22:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.028%
Price spread now: Binance against Kraken Futures−0.182%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$540.538% of the position
Funding, last 7 days+0.387%+$39 on $10k
+Price spread, last 3 days (all we have)+0.387%+$39 · spread now −0.182%, 7d avg −0.063%
=Funding pays, the price is against you. Binance is 0.119% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.182% now, against its 7-day average of −0.063%). If the spread goes back, that is −$12 on $10k: about 43 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DASHUSD | 58.962 | −0.0120 | get 0.0015% / 1h | 37m 02s | $697K | $2.7M | 25x |
| Short | Binance DASHUSDT | 58.855 | 0.0100 | get 0.0100% / 8h | 2h 37m | $27.7M | $86.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. 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
- $46.25
- Price spread: −0.182% → −0.063%
- −$11.89
- Slippage, 4 orders
- −$33.76
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$19.4
- Costs to cover
- 0.538%
- Break-even
- 9.9 days
Slippage from Kraken Futures: live order book, 2 min ago; Binance: live order book, 6 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 Kraken Futures live order book, 2 min ago | 5.95 bp | 17.0 bp −$17 | 29.5 bp −$295 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.85 bp | 10.5 bp −$11 | 20.4 bp −$204 | 69.1 bp −$6,914 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DASHUSDlong | −0.0120% | 1h | 58.962 | long leg | $697K | $2.7M | 25x | |
| Deribit DASH_USDC-PERPETUAL | −0.0089% | 1h | 58.900 | −0.105% | $236 | $2K | 50x | as long as short |
| KuCoin DASHUSDTM | −0.0073% | 8h | 58.850 | −0.190% | $8.0M | $4.0M | 30x | as long as short |
| OKX DASH-USDT-SWAP | −0.0053% | 4h | 58.820 | −0.241% | $5.2M | $27.4M | 50x | as long as short |
| Injective DASH/USDC PERP | +0.0033% | 1h | 59.220 | +0.438% | $7 | $50K | 5.5x | as long as short |
| Lighter DASH | +0.0096% | 1h | 58.942 | −0.034% | $118K | $102K | 10x | as long as short |
| Aster DASHUSDT | +0.0100% | 8h | 58.900 | −0.105% | $127K | $362K | 20x | as long as short |
| Binance DASHUSDTshort | +0.0100% | 8h | 58.855 | −0.182% | $27.7M | $86.2M | 75x | |
| Bybit DASHUSDT | +0.0100% | 8h | 58.880 | −0.139% | $10.4M | $18.2M | 75x | as long as short |
| Gate DASH_USDT | +0.0100% | 8h | 58.890 | −0.122% | $1.7M | $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 | 58.870 | −0.156% | $20.6M | $10.2M | 100x | as long as short |
| Bitget DASHUSDT | +0.0100% | 8h | 58.870 | −0.156% | $6.4M | $2.8M | 50x | as long as short |
| BingX DASH-USDT | +0.0100% | 8h | 58.880 | −0.139% | — | $6.1M | — | as long as short |
| Variational Omni DASH | +0.0100% | 8h | 58.885 | −0.130% | $311K | $268K | — | as long as short |
| SunX DASH-USDT | +0.0100% | 8h | 58.970 | +0.014% | $24K | $1.2M | 20x | as long as short |
| SoDEX DASH-USD | +0.0100% | 1h | 58.900 | −0.105% | $270K | $4K | 5x | as long as short |
| HTX DASH-USDT | +0.0100% | 8h | 58.950 | −0.020% | $123K | $199K | 30x | as long as short |
| Extended DASH-USD | +0.0104% | 1h | 58.866 | −0.163% | $10K | $207K | 10x | as long as short |
| BloFin DASH-USDT | +0.0113% | 8h | 58.880 | −0.139% | $2.6M | $1.3M | 75x | as long as short |
| Coinbase International DASH-PERP-INTX | +0.0200% | 1h | 59.030 | +0.116% | $100K | $227K | 25x | as long as short |
| Hyperliquid DASH | +0.0278% | 1h | 59.008 | +0.078% | $4.4M | $2.2M | 5x | as long as short |
| GMX DASH/USD [WBTC.b-USDC] | L +0.0562% / S −0.0532% | 1h | 58.911 | −0.087% | $150K | — | 50x | as long as short |
Kraken Futures PF_DASHUSD
Binance DASHUSDT
Deribit DASH_USDC-PERPETUAL
KuCoin DASHUSDTM
OKX DASH-USDT-SWAP
Injective DASH/USDC PERP
Lighter DASH
Aster DASHUSDT
Bybit DASHUSDT
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
Coinbase International DASH-PERP-INTX
Hyperliquid DASH
GMX DASH/USD [WBTC.b-USDC]