Funding you earn now, next payment 05:00 UTC+0.0296%/8h= +32.4% APRnext payment +$0.37 per $10,000 · paid last 24h +0.035%
Price spread now: Coinbase International against Lighter+0.661%7-day average +0.200% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$720.724% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)−0.488%−$49 · spread now +0.661%, 7d avg +0.200%
=Together, before fees−0.459%+ Points / potential airdropLighter: Season 3 · farm board−$46 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.461% dearer against Lighter than usual: you sell high and buy low: +$46 more if the spread goes back to its 7-day average of +0.200%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.37 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 | 59.348 | 0.0096 | pay 0.0012% / 1h | 33m 56s | $119K | $108K | 10x |
| Short | Coinbase International DASH-PERP-INTX | 59.740 | 0.0392 | get 0.0049% / 1h | 33m 56s | $85K | $253K | 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
- $62.16
- Price spread: +0.661% → +0.200%
- $46.06
- Slippage, 4 orders
- −$62.36
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $35.87
- Costs to cover
- 0.724%
- Break-even
- 3.0 days
Slippage from Lighter: live order book, 61 min ago; Coinbase International: live order book, 14 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, 61 min ago | 8.45 bp | 16.3 bp −$16 | 31.0 bp −$310 | 225.1 bp −$22.5K | doesn't fit |
| Sell Coinbase International live order book, 14 min ago | 13.46 bp | 20.1 bp −$20 | 36.5 bp −$365 | 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 | −0.839% | $7 | $134K | 5.5x | as long as short |
| Deribit DASH_USDC-PERPETUAL | +0.0087% | 1h | 59.330 | −0.030% | $119 | $2K | 50x | as long as short |
| Lighter DASHlong | +0.0096% | 1h | 59.348 | long leg | $119K | $108K | 10x | |
| Aster DASHUSDT | +0.0100% | 8h | 59.392 | +0.075% | $135K | $372K | 20x | as long as short |
| Binance DASHUSDT | +0.0100% | 8h | 59.310 | −0.064% | $29.0M | $87.9M | 75x | as long as short |
| Bybit DASHUSDT | +0.0100% | 8h | 59.330 | −0.030% | $10.8M | $19.7M | 75x | as long as short |
| OKX DASH-USDT-SWAP | +0.0100% | 4h | 59.250 | −0.165% | $6.0M | $29.0M | 50x | as long as short |
| Gate DASH_USDT | +0.0100% | 8h | 59.320 | −0.047% | $1.7M | $2.7M | 50x | as long as short |
| MEXC DASH_USDT | +0.0100% | 8h | 59.310 | −0.064% | $20.6M | $11.5M | 100x | as long as short |
| KuCoin DASHUSDTM | +0.0100% | 8h | 59.310 | −0.064% | $8.2M | $4.3M | 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 | 59.290 | −0.098% | $6.6M | $3.1M | 50x | as long as short |
| BingX DASH-USDT | +0.0100% | 8h | 59.410 | +0.104% | — | $7.7M | — | as long as short |
| Variational Omni DASH | +0.0100% | 8h | 59.526 | +0.300% | $297K | $286K | — | as long as short |
| SunX DASH-USDT | +0.0100% | 8h | 59.310 | −0.064% | $26K | $1.2M | 20x | as long as short |
| SoDEX DASH-USD | +0.0100% | 1h | 59.340 | −0.013% | $272K | $4K | 5x | as long as short |
| Extended DASH-USD | +0.0104% | 1h | 59.292 | −0.094% | $10K | $197K | 10x | as long as short |
| BloFin DASH-USDT | +0.0220% | 8h | 59.620 | +0.458% | $3.0M | $1.4M | 75x | as long as short |
| HTX DASH-USDT | +0.0258% | 8h | 59.390 | +0.071% | $118K | $239K | 30x | as long as short |
| Coinbase International DASH-PERP-INTXshort | +0.0392% | 1h | 59.740 | +0.661% | $85K | $253K | 25x | |
| GMX DASH/USD [WBTC.b-USDC] | L +0.0423% / S −0.0364% | 1h | 59.298 | −0.084% | $115K | — | 50x | as long as short |
| Kraken Futures PF_DASHUSD | +0.0724% | 1h | 59.351 | +0.006% | $761K | $3.1M | 25x | as long as short |
| Hyperliquid DASH | +0.0759% | 1h | 59.420 | +0.121% | $4.5M | $2.6M | 5x | as long as short |
Bitget DASHUSDT
BingX DASH-USDT
Variational Omni DASH
SunX DASH-USDT
SoDEX DASH-USD
Extended DASH-USD
BloFin DASH-USDT
HTX DASH-USDT
GMX DASH/USD [WBTC.b-USDC]
Kraken Futures PF_DASHUSD
Hyperliquid DASH