Funding arb · Price arb /

DASH

all DASH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0143%/8h= −15.6% APRpaid last 24h −0.014%

Price spread now: HTX against Kraken Futures−0.097%7-day average +0.105% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$720.722% of the position

Long on Kraken Futures Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.540%+$54 on $10k

Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.097%, 7d avg +0.105%

Together, before fees+0.644%+$64 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 HTX is 0.202% cheaper against Kraken Futures than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.105%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.540%, 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	59.848	0.0404	pay 0.0050% / 1h	12m 21s	$764K	$3.0M	25x
Short	HTX DASH-USDT	59.790	0.0261	get 0.0261% / 8h	4h 12m	$118K	$224K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.097%Rate

Funding earned: −$29.98
Price spread: −0.097% → +0.105%: −$20.16
Slippage, 4 orders: −$50.17
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$122.31
Costs to cover: 0.722%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 1 min ago; HTX: live order book, 44 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, 1 min ago	6.69 bp	15.3 bp −$15	24.8 bp −$248	doesn't fit	doesn't fit
Sell HTX live order book, 44 min ago	10.13 bp	23.7 bp −$24	doesn't fit	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
Deribit DASH_USDC-PERPETUAL	0.0000%	1h	59.640	−0.348%	$239	$2K	50x	as long as short
Injective DASH/USDC PERP	+0.0033%	1h	58.850	−1.668%	$7	$134K	5.5x	as long as short
Lighter DASH	+0.0096%	1h	59.731	−0.195%	$120K	$108K	10x	as long as short
Aster DASHUSDT	+0.0100%	8h	59.698	−0.250%	$137K	$346K	20x	as long as short
Binance DASHUSDT	+0.0100%	8h	59.660	−0.314%	$29.1M	$87.5M	75x	as long as short
Bybit DASHUSDT	+0.0100%	8h	59.660	−0.314%	$11.0M	$19.1M	75x	as long as short
OKX DASH-USDT-SWAP	+0.0100%	4h	59.610	−0.398%	$6.1M	$28.7M	50x	as long as short
Gate DASH_USDT	+0.0100%	8h	59.670	−0.297%	$1.9M	$2.7M	50x	as long as short
MEXC DASH_USDT	+0.0100%	8h	59.650	−0.331%	$21.0M	$11.7M	100x	as long as short
KuCoin DASHUSDTM	+0.0100%	8h	59.630	−0.364%	$8.7M	$3.8M	30x	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	59.640	−0.348%	$6.7M	$2.9M	50x	as long as short
BingX DASH-USDT	+0.0100%	8h	59.640	−0.348%	—	$7.7M	—	as long as short
Variational Omni DASH	+0.0100%	8h	59.540	−0.515%	$297K	$284K	—	as long as short
SunX DASH-USDT	+0.0100%	8h	59.850	+0.003%	$25K	$1.2M	20x	as long as short
SoDEX DASH-USD	+0.0100%	1h	59.795	−0.089%	$274K	$4K	5x	as long as short
Extended DASH-USD	+0.0104%	1h	59.703	−0.243%	$10K	$205K	10x	as long as short
BloFin DASH-USDT	+0.0220%	8h	59.780	−0.114%	$3.0M	$1.4M	75x	as long as short
HTX DASH-USDTshort	+0.0261%	8h	59.790	−0.097%	$118K	$224K	30x
Hyperliquid DASH	+0.0294%	1h	59.743	−0.175%	$4.5M	$2.5M	5x	as long as short
Coinbase International DASH-PERP-INTX	+0.0344%	1h	59.810	−0.063%	$84K	$247K	25x	as long as short
Kraken Futures PF_DASHUSDlong	+0.0404%	1h	59.848	long leg	$764K	$3.0M	25x
GMX DASH/USD [WBTC.b-USDC]	L +0.0424% / S −0.0364%	1h	59.629	−0.366%	$115K	—	50x	as long as short