Funding arb · Price arb /

DASH

all DASH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.038%

Price spread now: Coinbase International against MEXC+0.202%7-day average +0.207% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$560.556% of the position

Long on MEXC Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.132%+$13 on $10k

Price spread, last 4 days (all we have)−0.136%−$14 · spread now +0.202%, 7d avg +0.207%

Together, before fees−0.004%$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.207%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.132% in total (about 6.9% a year). A funding rate is set anew for every payment. 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	MEXC DASH_USDT	59.460	0.0100	pay 0.0100% / 8h	4h 20m	$21.2M	$11.6M	100x
Short	Coinbase International DASH-PERP-INTX	59.580	0.0344	get 0.0043% / 1h	20m 35s	$84K	$246K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against MEXC. 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 MEXCbpFee Coinbase InternationalbpOrdersPrice spread, now +0.202%Rate

Funding earned: $51.24
Price spread: +0.202% → +0.207%: −$0.49
Slippage, 4 orders: −$45.59
Fee MEXC: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$4.84
Costs to cover: 0.556%
Break-even: 7.7 days

Slippage from MEXC: live order book, 3 min ago; Coinbase International: live order book, 37 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 MEXC live order book, 3 min ago	1.68 bp	2.6 bp −$3	9.5 bp −$95	59.0 bp −$5,903	doesn't fit
Sell Coinbase International live order book, 37 min ago	12.74 bp	22.7 bp −$23	38.7 bp −$387	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	59.460	0.000%	$238	$2K	50x	as long as short
Injective DASH/USDC PERP	+0.0033%	1h	58.850	−1.026%	$7	$134K	5.5x	as long as short
Lighter DASH	+0.0096%	1h	59.465	+0.008%	$120K	$108K	10x	as long as short
Aster DASHUSDT	+0.0100%	8h	59.479	+0.032%	$137K	$346K	20x	as long as short
Binance DASHUSDT	+0.0100%	8h	59.450	−0.018%	$29.0M	$87.1M	75x	as long as short
Bybit DASHUSDT	+0.0100%	8h	59.450	−0.017%	$10.9M	$19.1M	75x	as long as short
OKX DASH-USDT-SWAP	+0.0100%	4h	59.380	−0.135%	$6.1M	$28.5M	50x	as long as short
Gate DASH_USDT	+0.0100%	8h	59.480	+0.034%	$1.9M	$2.7M	50x	as long as short
MEXC DASH_USDTlong	+0.0100%	8h	59.460	long leg	$21.2M	$11.6M	100x
KuCoin DASHUSDTM	+0.0100%	8h	59.440	−0.034%	$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	59.470	+0.017%	$6.7M	$2.9M	50x	as long as short
BingX DASH-USDT	+0.0100%	8h	59.460	0.000%	—	$7.7M	—	as long as short
Variational Omni DASH	+0.0100%	8h	59.444	−0.027%	$297K	$284K	—	as long as short
SunX DASH-USDT	+0.0100%	8h	59.510	+0.084%	$25K	$1.2M	20x	as long as short
SoDEX DASH-USD	+0.0100%	1h	59.485	+0.042%	$273K	$4K	5x	as long as short
HTX DASH-USDT	+0.0100%	8h	59.570	+0.185%	$117K	$224K	30x	as long as short
Extended DASH-USD	+0.0104%	1h	59.454	−0.009%	$10K	$205K	10x	as long as short
Hyperliquid DASH	+0.0203%	1h	59.555	+0.160%	$4.5M	$2.5M	5x	as long as short
BloFin DASH-USDT	+0.0220%	8h	59.540	+0.135%	$3.0M	$1.4M	75x	as long as short
Coinbase International DASH-PERP-INTXshort	+0.0344%	1h	59.580	+0.202%	$84K	$246K	25x
Kraken Futures PF_DASHUSD	+0.0406%	1h	59.509	+0.083%	$760K	$3.0M	25x	as long as short
GMX DASH/USD [WBTC.b-USDC]	L +0.0423% / S −0.0364%	1h	59.409	−0.086%	$115K	—	50x	as long as short