Funding you earn now, next payment 02:00 UTC+0.0815%/8h= +89.2% APRnext payment +$1.02 per $10,000 · paid last 24h −0.014%
Price spread now: Kraken Futures against Lighter+0.259%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$680.681% of the position
Funding, last 7 days−0.476%−$48 on $10k
+Price spread, last 3 days (all we have)−0.304%−$30 · spread now +0.259%, 7d avg +0.065%
=Together, before fees−0.780%+ Points / potential airdropLighter: Season 3 · farm board−$78 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Kraken Futures is 0.194% dearer against Lighter than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.065%. Mind the row above: over the last 7 days funding on this pair cost −0.476%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.476% in total (about -24.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.02 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 | Lighter DASH | 59.098 | 0.0096 | pay 0.0012% / 1h | 50m 16s | $122K | $107K | 10x |
| Short | Kraken Futures PF_DASHUSD | 59.251 | 0.0911 | get 0.0114% / 1h | 50m 16s | $724K | $2.8M | 25x |
Lighter DASH
Kraken Futures PF_DASHUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $171.08
- Price spread: +0.259% → +0.065%
- $19.4
- Slippage, 4 orders
- −$58.05
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $122.43
- Costs to cover
- 0.681%
- Break-even
- 2.0 days
Slippage from Lighter: live order book, 64 min ago; Kraken Futures: live order book, 3 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, 64 min ago | 9.94 bp | 16.6 bp −$17 | 27.9 bp −$279 | 249.3 bp −$24.9K | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 9.34 bp | 16.5 bp −$17 | 27.6 bp −$276 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DASH/USDC PERP | +0.0033% | 1h | 58.850 | −0.420% | $7 | $134K | 5.5x | as long as short |
| Deribit DASH_USDC-PERPETUAL | +0.0088% | 1h | 59.170 | +0.122% | $237 | $2K | 50x | as long as short |
| Lighter DASHlong | +0.0096% | 1h | 59.098 | long leg | $122K | $107K | 10x | |
| Aster DASHUSDT | +0.0100% | 8h | 59.068 | −0.050% | $136K | $337K | 20x | as long as short |
| Binance DASHUSDT | +0.0100% | 8h | 59.114 | +0.028% | $28.2M | $83.8M | 75x | as long as short |
| Bybit DASHUSDT | +0.0100% | 8h | 59.130 | +0.054% | $10.4M | $18.1M | 75x | as long as short |
| OKX DASH-USDT-SWAP | +0.0100% | 4h | 59.130 | +0.054% | $5.4M | $26.3M | 50x | as long as short |
| Gate DASH_USDT | +0.0100% | 8h | 59.090 | −0.014% | $1.8M | $2.5M | 50x | as long as short |
| MEXC DASH_USDT | +0.0100% | 8h | 59.090 | −0.014% | $21.8M | $10.4M | 100x | as long as short |
| KuCoin DASHUSDTM | +0.0100% | 8h | 59.080 | −0.030% | $8.2M | $3.7M | 30x | as long as short |
Injective DASH/USDC PERP
Deribit DASH_USDC-PERPETUAL
Aster DASHUSDT
Binance DASHUSDT
Bybit DASHUSDT
OKX DASH-USDT-SWAP
Gate DASH_USDT
MEXC DASH_USDT
KuCoin DASHUSDTMShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DASHUSDT | +0.0100% | 8h | 59.130 | +0.054% | $6.4M | $2.7M | 50x | as long as short |
| BingX DASH-USDT | +0.0100% | 8h | 59.120 | +0.037% | — | $7.0M | — | as long as short |
| Variational Omni DASH | +0.0100% | 8h | 58.976 | −0.207% | $310K | $271K | — | as long as short |
| SunX DASH-USDT | +0.0100% | 8h | 59.150 | +0.088% | $25K | $1.2M | 20x | as long as short |
| SoDEX DASH-USD | +0.0100% | 1h | 59.175 | +0.130% | $271K | $4K | 5x | as long as short |
| HTX DASH-USDT | +0.0100% | 8h | 59.050 | −0.081% | $123K | $190K | 30x | as long as short |
| Extended DASH-USD | +0.0104% | 1h | 59.111 | +0.022% | $11K | $216K | 10x | as long as short |
| BloFin DASH-USDT | +0.0220% | 8h | 59.000 | −0.166% | $2.8M | $1.2M | 75x | as long as short |
| Coinbase International DASH-PERP-INTX | +0.0352% | 1h | 59.030 | −0.115% | $100K | $216K | 25x | as long as short |
| Hyperliquid DASH | +0.0476% | 1h | 59.160 | +0.105% | $4.5M | $2.3M | 5x | as long as short |
| GMX DASH/USD [WBTC.b-USDC] | L +0.0541% / S −0.0499% | 1h | 59.100 | +0.003% | $143K | — | 50x | as long as short |
| Kraken Futures PF_DASHUSDshort | +0.0911% | 1h | 59.251 | +0.259% | $724K | $2.8M | 25x |
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]