Funding you earn now, next payment 11:00 UTC−0.0447%/8h= −48.9% APRnext payment −$0.56 per $10,000 · paid last 24h −0.087%
Price spread now: Injective against Coinbase International−1.009%64s7-day average −0.157% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.254%−$25 on $10k
+Price spread, last 4 days (all we have)−1.535%−$154 · spread now −1.009%, 7d avg −0.157%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Injective is 0.852% cheaper against Coinbase International than usual: you would sell low and buy high (−$85 if the spread goes back to its 7-day average of −0.157%). Swap the legs. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.254% in total (about -13.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.56 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DASH-PERP-INTX | 59.450 | 0.0480 | pay 0.0060% / 1h | 10m 05s | $79K | $200K | 25x |
| Short | Injective DASH/USDC PERP | 58.850 | 0.0033 | get 0.0004% / 1h | 10m 05s | $7 | $134K | 5.5x |
Coinbase International DASH-PERP-INTX
Injective DASH/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Coinbase International. 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
- −$93.8
- Price spread: −1.009% → −0.157%
- −$85.21
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$189.03
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 31 min ago; Injective: no order-book sample. Net counts fees only.
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 Coinbase International live order book, 31 min ago | 11.80 bp | 20.0 bp −$20 | 43.5 bp −$435 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
DASH on 22 exchanges
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_DASHUSD | −0.0188% | 1h | 59.354 | −0.161% | $735K | $2.8M | 25x | as long as short |
| Injective DASH/USDC PERPshort | +0.0033% | 1h | 58.850 | −1.009% | $7 | $134K | 5.5x | |
| Deribit DASH_USDC-PERPETUAL | +0.0088% | 1h | 59.260 | −0.320% | $30K | $32K | 50x | as long as short |
| Lighter DASH | +0.0096% | 1h | 59.332 | −0.198% | $119K | $100K | 10x | as long as short |
| Hyperliquid DASH | +0.0100% | 1h | 59.595 | +0.244% | $4.7M | $2.5M | 5x | as long as short |
| Aster DASHUSDT | +0.0100% | 8h | 59.516 | +0.112% | $115K | $377K | 20x | as long as short |
| Binance DASHUSDT | +0.0100% | 8h | 59.532 | +0.139% | $29.0M | $84.4M | 75x | as long as short |
| Bybit DASHUSDT | +0.0100% | 8h | 59.580 | +0.219% | $11.3M | $20.7M | 75x | as long as short |
| OKX DASH-USDT-SWAP | +0.0100% | 4h | 59.570 | +0.202% | $6.0M | $30.6M | 50x | as long as short |
| Gate DASH_USDT | +0.0100% | 8h | 59.440 | −0.017% | $1.6M | $2.8M | 50x | as long as short |
Kraken Futures PF_DASHUSD
Deribit DASH_USDC-PERPETUAL
Lighter DASH
Hyperliquid DASH
Aster DASHUSDT
Binance DASHUSDT
Bybit DASHUSDT
OKX DASH-USDT-SWAP
Gate DASH_USDTShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DASH_USDT | +0.0100% | 8h | 59.460 | +0.017% | $21.5M | $12.1M | 100x | as long as short |
| KuCoin DASHUSDTM | +0.0100% | 8h | 59.450 | 0.000% | $8.4M | $4.6M | 30x | as long as short |
| Bitget DASHUSDT | +0.0100% | 8h | 59.480 | +0.050% | $6.7M | $3.4M | 50x | as long as short |
| BingX DASH-USDT | +0.0100% | 8h | 59.470 | +0.034% | — | $7.9M | — | as long as short |
| Variational Omni DASH | +0.0100% | 8h | 59.329 | −0.204% | $319K | $204K | — | as long as short |
| SunX DASH-USDT | +0.0100% | 8h | 59.280 | −0.286% | $25K | $1.2M | 20x | as long as short |
| SoDEX DASH-USD | +0.0100% | 1h | 59.305 | −0.244% | $272K | $4K | 5x | as long as short |
| HTX DASH-USDT | +0.0100% | 8h | 59.420 | −0.050% | $120K | $207K | 30x | as long as short |
| Extended DASH-USD | +0.0104% | 1h | 59.231 | −0.369% | $10K | $296K | 10x | as long as short |
| BloFin DASH-USDT | +0.0220% | 8h | 59.390 | −0.101% | $3.1M | $1.3M | 75x | as long as short |
| Coinbase International DASH-PERP-INTXlong | +0.0480% | 1h | 59.450 | long leg | $79K | $200K | 25x | |
| GMX DASH/USD [WBTC.b-USDC] | L +0.0529% / S −0.0392% | 1h | 59.224 | −0.380% | $160K | — | 50x | as long as short |
MEXC DASH_USDT
KuCoin DASHUSDTM
Bitget DASHUSDT
BingX DASH-USDT
Variational Omni DASH
SunX DASH-USDT
SoDEX DASH-USD
HTX DASH-USDT
Extended DASH-USD
BloFin DASH-USDT
GMX DASH/USD [WBTC.b-USDC]