Funding arb · Price arb /

DASH

all DASH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0475%/8h= −52.0% APRpaid last 24h −0.025%

Price spread now: Bybit against Kraken Futures−0.089%7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$6as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$540.535% 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+0.472%+$47 on $10k

Price spread, last 4 days (all we have)+0.257%+$26 · spread now −0.089%, 7d avg −0.036%

Together, before fees+0.729%+$73 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bybit is 0.053% 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 −0.036%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.472%, 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	59.763	0.0575	pay 0.0072% / 1h	55m 42s	$780K	$3.2M	25x
Short	Bybit DASHUSDT	59.710	0.0100	get 0.0100% / 8h	1h 55m	$11.3M	$20.3M	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 −0.089%Rate

Funding earned: −$99.81
Price spread: −0.089% → −0.036%: −$5.27
Slippage, 4 orders: −$32.51
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$158.59
Costs to cover: 0.535%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 3 min ago; Bybit: 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 Kraken Futures live order book, 3 min ago	8.35 bp	15.0 bp −$15	29.0 bp −$290	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	1.67 bp	13.3 bp −$13	27.6 bp −$276	134.2 bp −$13.4K	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	−1.528%	$7	$134K	5.5x	as long as short
Lighter DASH	+0.0096%	1h	59.700	−0.106%	$120K	$108K	10x	as long as short
Aster DASHUSDT	+0.0100%	8h	59.671	−0.155%	$135K	$396K	20x	as long as short
Binance DASHUSDT	+0.0100%	8h	59.700	−0.106%	$29.2M	$90.2M	75x	as long as short
Bybit DASHUSDTshort	+0.0100%	8h	59.710	−0.089%	$11.3M	$20.3M	75x
OKX DASH-USDT-SWAP	+0.0100%	4h	59.690	−0.122%	$6.2M	$30.2M	50x	as long as short
Gate DASH_USDT	+0.0100%	8h	59.730	−0.055%	$1.6M	$2.8M	50x	as long as short
MEXC DASH_USDT	+0.0100%	8h	59.740	−0.039%	$20.6M	$11.8M	100x	as long as short
KuCoin DASHUSDTM	+0.0100%	8h	59.730	−0.055%	$8.5M	$4.4M	30x	as long as short
Bitget DASHUSDT	+0.0100%	8h	59.700	−0.106%	$6.7M	$3.2M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX DASH-USDT	+0.0100%	8h	59.720	−0.072%	—	$7.7M	—	as long as short
Variational Omni DASH	+0.0100%	8h	59.755	−0.014%	$298K	$286K	—	as long as short
SunX DASH-USDT	+0.0100%	8h	59.770	+0.011%	$26K	$1.3M	20x	as long as short
SoDEX DASH-USD	+0.0100%	1h	59.740	−0.039%	$274K	$4K	5x	as long as short
Extended DASH-USD	+0.0104%	1h	59.725	−0.064%	$15K	$199K	10x	as long as short
BloFin DASH-USDT	+0.0220%	8h	59.770	+0.011%	$3.1M	$1.4M	75x	as long as short
HTX DASH-USDT	+0.0323%	8h	59.810	+0.078%	$122K	$244K	30x	as long as short
GMX DASH/USD [WBTC.b-USDC]	L +0.0424% / S −0.0364%	1h	59.701	−0.103%	$115K	—	50x	as long as short
Coinbase International DASH-PERP-INTX	+0.0456%	1h	60.300	+0.898%	$85K	$261K	25x	as long as short
Kraken Futures PF_DASHUSDlong	+0.0575%	1h	59.763	long leg	$780K	$3.2M	25x
Deribit DASH_USDC-PERPETUAL	+0.0587%	1h	59.770	+0.011%	$30K	$32K	50x	as long as short
Hyperliquid DASH	+0.0941%	1h	59.797	+0.057%	$4.6M	$2.6M	5x	as long as short