Funding you earn now, next payment 22:00 UTC+0.0152%/8h= +16.6% APRnext payment +$0.19 per $10,000 · paid last 24h +0.015%
Price spread now: Coinbase International against Lighter+0.088%7-day average +0.216% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$650.647% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 3 days (all we have)+0.045%+$5 · spread now +0.088%, 7d avg +0.216%
=Together, before fees+0.054%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.127% cheaper against Lighter than usual: you would sell low and buy high (spread +0.088% now, against its 7-day average of +0.216%). If the spread goes back, that is −$13 on $10k: about 2.8 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.009% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DASH | 59.008 | 0.0096 | pay 0.0012% / 1h | 39m 57s | $118K | $99K | 10x |
| Short | Coinbase International DASH-PERP-INTX | 59.060 | 0.0248 | get 0.0031% / 1h | 39m 57s | $99K | $221K | 25x |
Lighter DASH
Coinbase International DASH-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Lighter. 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
- $31.92
- Price spread: +0.088% → +0.216%
- −$12.74
- Slippage, 4 orders
- −$54.73
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$45.55
- Costs to cover
- 0.647%
- Break-even
- 17.0 days
Slippage from Lighter: live order book, 33 min ago; Coinbase International: live order book, 43 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 Lighter live order book, 33 min ago | 4.60 bp | 9.2 bp −$9 | 25.4 bp −$254 | 281.9 bp −$28.2K | doesn't fit |
| Sell Coinbase International live order book, 43 min ago | 9.31 bp | 17.0 bp −$17 | 30.4 bp −$304 | 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 | −0.0039% | 8h | 58.960 | −0.081% | $8.0M | $3.9M | 30x | as long as short |
| Injective DASH/USDC PERP | −0.0017% | 1h | 58.570 | −0.742% | $7 | $105K | 5.5x | as long as short |
| Deribit DASH_USDC-PERPETUAL | 0.0000% | 1h | 58.980 | −0.047% | $236 | $2K | 50x | as long as short |
| OKX DASH-USDT-SWAP | +0.0063% | 4h | 58.940 | −0.115% | $5.2M | $27.3M | 50x | as long as short |
| BloFin DASH-USDT | +0.0076% | 8h | 59.000 | −0.014% | $2.6M | $1.3M | 75x | as long as short |
| Lighter DASHlong | +0.0096% | 1h | 59.008 | long leg | $118K | $99K | 10x | |
| Aster DASHUSDT | +0.0100% | 8h | 58.980 | −0.047% | $127K | $352K | 20x | as long as short |
| Binance DASHUSDT | +0.0100% | 8h | 58.987 | −0.035% | $27.9M | $86.0M | 75x | as long as short |
| Bybit DASHUSDT | +0.0100% | 8h | 58.990 | −0.031% | $10.4M | $18.4M | 75x | as long as short |
| Gate DASH_USDT | +0.0100% | 8h | 58.970 | −0.064% | $1.8M | $2.5M | 50x | as long as short |
KuCoin DASHUSDTM
Injective DASH/USDC PERP
Deribit DASH_USDC-PERPETUAL
OKX DASH-USDT-SWAP
BloFin DASH-USDT
Aster DASHUSDT
Binance DASHUSDT
Bybit DASHUSDT
Gate DASH_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DASH_USDT | +0.0100% | 8h | 58.970 | −0.064% | $20.5M | $9.9M | 100x | as long as short |
| Bitget DASHUSDT | +0.0100% | 8h | 58.980 | −0.047% | $6.4M | $2.8M | 50x | as long as short |
| BingX DASH-USDT | +0.0100% | 8h | 58.970 | −0.064% | — | $6.1M | — | as long as short |
| Variational Omni DASH | +0.0100% | 8h | 58.968 | −0.067% | $315K | $273K | — | as long as short |
| SunX DASH-USDT | +0.0100% | 8h | 58.990 | −0.031% | $25K | $1.2M | 20x | as long as short |
| SoDEX DASH-USD | +0.0100% | 1h | 58.975 | −0.056% | $270K | $4K | 5x | as long as short |
| HTX DASH-USDT | +0.0100% | 8h | 59.130 | +0.207% | $124K | $200K | 30x | as long as short |
| Extended DASH-USD | +0.0104% | 1h | 58.976 | −0.054% | $10K | $207K | 10x | as long as short |
| Kraken Futures PF_DASHUSD | +0.0238% | 1h | 59.047 | +0.065% | $707K | $2.7M | 25x | as long as short |
| Coinbase International DASH-PERP-INTXshort | +0.0248% | 1h | 59.060 | +0.088% | $99K | $221K | 25x | |
| Hyperliquid DASH | +0.0455% | 1h | 59.100 | +0.156% | $4.4M | $2.4M | 5x | as long as short |
| GMX DASH/USD [WBTC.b-USDC] | L +0.0545% / S −0.0510% | 1h | 58.968 | −0.068% | $145K | — | 50x | as long as short |
MEXC DASH_USDT
Bitget DASHUSDT
BingX DASH-USDT
Variational Omni DASH
SunX DASH-USDT
SoDEX DASH-USD
HTX DASH-USDT
Extended DASH-USD
Kraken Futures PF_DASHUSD
Hyperliquid DASH
GMX DASH/USD [WBTC.b-USDC]