Funding arb · Price arb /

DASH

all DASH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0550%/8h= −60.3% APRpaid last 24h +0.036%

Price spread now: Bybit against Kraken Futures−0.088%7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs+$5as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$470.468% of the position

Long on Kraken Futures Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.518%+$52 on $10k

Price spread, last 3 days (all we have)+0.255%+$26 · spread now −0.088%, 7d avg −0.042%

Together, before fees+0.773%+$77 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Bybit is 0.046% cheaper against Kraken Futures than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.042%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.518%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_DASHUSD	59.122	0.0650	pay 0.0081% / 1h	8m 31s	$717K	$2.8M	25x
Short	Bybit DASHUSDT	59.070	0.0100	get 0.0100% / 8h	8m 31s	$10.3M	$18.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee BybitbpOrdersPrice spread, now −0.088%Rate

Funding earned: −$115.58
Price spread: −0.088% → −0.042%: −$4.61
Slippage, 4 orders: −$25.81
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$167
Costs to cover: 0.468%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 5 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 Kraken Futures live order book, 5 min ago	7.63 bp	14.4 bp −$14	26.0 bp −$260	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	0.85 bp	9.6 bp −$10	24.6 bp −$246	89.6 bp −$8,962	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
Deribit DASH_USDC-PERPETUAL	0.0000%	1h	59.050	−0.121%	$236	$2K	50x	as long as short
Injective DASH/USDC PERP	+0.0060%	1h	58.850	−0.460%	$7	$134K	5.5x	as long as short
KuCoin DASHUSDTM	+0.0061%	8h	59.050	−0.121%	$8.1M	$3.9M	30x	as long as short
Lighter DASH	+0.0096%	1h	59.090	−0.054%	$120K	$131K	10x	as long as short
Aster DASHUSDT	+0.0100%	8h	59.040	−0.138%	$129K	$361K	20x	as long as short
Binance DASHUSDT	+0.0100%	8h	59.090	−0.053%	$28.2M	$86.3M	75x	as long as short
Bybit DASHUSDTshort	+0.0100%	8h	59.070	−0.088%	$10.3M	$18.5M	75x
OKX DASH-USDT-SWAP	+0.0100%	4h	59.050	−0.121%	$5.3M	$27.3M	50x	as long as short
Gate DASH_USDT	+0.0100%	8h	59.070	−0.088%	$1.8M	$2.5M	50x	as long as short
MEXC DASH_USDT	+0.0100%	8h	59.060	−0.105%	$21.2M	$10.1M	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	59.060	−0.105%	$6.4M	$2.8M	50x	as long as short
BingX DASH-USDT	+0.0100%	8h	59.080	−0.071%	—	$6.6M	—	as long as short
Variational Omni DASH	+0.0100%	8h	58.916	−0.347%	$310K	$276K	—	as long as short
SunX DASH-USDT	+0.0100%	8h	59.070	−0.088%	$25K	$1.2M	20x	as long as short
SoDEX DASH-USD	+0.0100%	1h	59.045	−0.130%	$271K	$4K	5x	as long as short
HTX DASH-USDT	+0.0100%	8h	59.130	+0.014%	$123K	$210K	30x	as long as short
Extended DASH-USD	+0.0104%	1h	59.058	−0.107%	$10K	$202K	10x	as long as short
BloFin DASH-USDT	+0.0220%	8h	59.060	−0.105%	$2.7M	$1.3M	75x	as long as short
Coinbase International DASH-PERP-INTX	+0.0264%	1h	59.560	+0.741%	$99K	$218K	25x	as long as short
GMX DASH/USD [WBTC.b-USDC]	L +0.0489% / S −0.0432%	1h	59.032	−0.151%	$129K	—	50x	as long as short
Hyperliquid DASH	+0.0641%	1h	59.204	+0.139%	$4.5M	$2.3M	5x	as long as short
Kraken Futures PF_DASHUSDlong	+0.0650%	1h	59.122	long leg	$717K	$2.8M	25x