Funding arb · Price arb /

DASH

all DASH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0138%/8h= −15.1% APRpaid last 24h −0.017%

Price spread now: OKX against Kraken Futures−0.137%7-day average −0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs−$8as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$490.487% of the position

Long on Kraken Futures Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.410%+$41 on $10k

Price spread, last 3 days (all we have)+0.320%+$32 · spread now −0.137%, 7d avg −0.074%

Together, before fees+0.730%+$73 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.063% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.074%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.410%, 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	59.131	0.0238	pay 0.0030% / 1h	9m 04s	$714K	$2.7M	25x
Short	OKX DASH-USDT-SWAP	59.050	0.0100	get 0.0050% / 4h	1h 09m	$5.2M	$27.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.137%Rate

Funding earned: −$28.98
Price spread: −0.137% → −0.074%: −$6.29
Slippage, 4 orders: −$28.7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$83.97
Costs to cover: 0.487%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 5 min ago; OKX: 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	5.93 bp	11.4 bp −$11	18.2 bp −$182	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.85 bp	10.5 bp −$11	35.4 bp −$354	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	−0.0020%	8h	59.040	−0.154%	$8.0M	$3.9M	30x	as long as short
Injective DASH/USDC PERP	−0.0017%	1h	58.850	−0.475%	$7	$134K	5.5x	as long as short
Deribit DASH_USDC-PERPETUAL	0.0000%	1h	59.080	−0.086%	$236	$2K	50x	as long as short
Lighter DASH	+0.0096%	1h	59.115	−0.027%	$116K	$107K	10x	as long as short
Aster DASHUSDT	+0.0100%	8h	59.079	−0.087%	$127K	$352K	20x	as long as short
Binance DASHUSDT	+0.0100%	8h	59.089	−0.072%	$28.0M	$85.7M	75x	as long as short
Bybit DASHUSDT	+0.0100%	8h	59.090	−0.069%	$10.4M	$18.4M	75x	as long as short
OKX DASH-USDT-SWAPshort	+0.0100%	4h	59.050	−0.137%	$5.2M	$27.2M	50x
Gate DASH_USDT	+0.0100%	8h	59.060	−0.120%	$1.8M	$2.5M	50x	as long as short
MEXC DASH_USDT	+0.0100%	8h	59.080	−0.086%	$20.8M	$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	−0.103%	$6.4M	$2.8M	50x	as long as short
BingX DASH-USDT	+0.0100%	8h	59.070	−0.103%	—	$6.3M	—	as long as short
Variational Omni DASH	+0.0100%	8h	59.027	−0.176%	$311K	$277K	—	as long as short
SunX DASH-USDT	+0.0100%	8h	59.080	−0.086%	$25K	$1.2M	20x	as long as short
SoDEX DASH-USD	+0.0100%	1h	59.055	−0.129%	$271K	$4K	5x	as long as short
HTX DASH-USDT	+0.0100%	8h	59.130	−0.002%	$124K	$201K	30x	as long as short
Extended DASH-USD	+0.0104%	1h	59.076	−0.093%	$10K	$202K	10x	as long as short
BloFin DASH-USDT	+0.0220%	8h	59.060	−0.120%	$2.6M	$1.3M	75x	as long as short
Kraken Futures PF_DASHUSDlong	+0.0238%	1h	59.131	long leg	$714K	$2.7M	25x
Coinbase International DASH-PERP-INTX	+0.0248%	1h	59.060	−0.120%	$99K	$219K	25x	as long as short
GMX DASH/USD [WBTC.b-USDC]	L +0.0480% / S −0.0419%	1h	59.032	−0.167%	$126K	—	50x	as long as short
Hyperliquid DASH	+0.0524%	1h	59.181	+0.084%	$4.4M	$2.3M	5x	as long as short