Funding arb · Price arb /

DASH

all DASH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0625%/8h= +68.4% APRpaid last 24h +0.034%

Price spread now: Kraken Futures against Binance+0.053%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$480.481% of the position

Long on Binance Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.344%−$34 on $10k

Price spread, last 4 days (all we have)−0.185%−$19 · spread now +0.053%, 7d avg +0.063%

Together, before fees−0.529%−$53 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: +$19 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.344%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.344% in total (about -17.9% 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	Binance DASHUSDT	59.258	0.0100	pay 0.0100% / 8h	2h 33m	$29.0M	$87.9M	75x
Short	Kraken Futures PF_DASHUSD	59.289	0.0725	get 0.0091% / 1h	33m 14s	$760K	$3.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Binance. 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 BinancebpFee Kraken FuturesbpOrdersPrice spread, now +0.053%Rate

Funding earned: $131.19
Price spread: +0.053% → +0.063%: −$0.96
Slippage, 4 orders: −$28.13
Fee Binance: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $82.09
Costs to cover: 0.481%
Break-even: 2.6 days

Slippage from Binance: live order book, 9 min ago; Kraken Futures: live order book, 6 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 Binance live order book, 9 min ago	0.85 bp	11.1 bp −$11	19.4 bp −$194	184.9 bp −$18.5K	doesn't fit
Sell Kraken Futures live order book, 6 min ago	7.60 bp	13.8 bp −$14	28.9 bp −$289	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	−0.688%	$7	$134K	5.5x	as long as short
Deribit DASH_USDC-PERPETUAL	+0.0088%	1h	59.270	+0.021%	$119	$2K	50x	as long as short
Lighter DASH	+0.0096%	1h	59.285	+0.046%	$119K	$108K	10x	as long as short
Aster DASHUSDT	+0.0100%	8h	59.358	+0.169%	$135K	$372K	20x	as long as short
Binance DASHUSDTlong	+0.0100%	8h	59.258	long leg	$29.0M	$87.9M	75x
Bybit DASHUSDT	+0.0100%	8h	59.290	+0.054%	$10.8M	$19.7M	75x	as long as short
OKX DASH-USDT-SWAP	+0.0100%	4h	59.260	+0.004%	$6.0M	$29.0M	50x	as long as short
Gate DASH_USDT	+0.0100%	8h	59.320	+0.105%	$1.7M	$2.7M	50x	as long as short
MEXC DASH_USDT	+0.0100%	8h	59.300	+0.071%	$20.5M	$11.5M	100x	as long as short
KuCoin DASHUSDTM	+0.0100%	8h	59.290	+0.054%	$8.2M	$4.3M	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	59.270	+0.021%	$6.6M	$3.1M	50x	as long as short
BingX DASH-USDT	+0.0100%	8h	59.300	+0.071%	—	$7.7M	—	as long as short
Variational Omni DASH	+0.0100%	8h	59.526	+0.452%	$297K	$286K	—	as long as short
SunX DASH-USDT	+0.0100%	8h	59.330	+0.122%	$26K	$1.2M	20x	as long as short
SoDEX DASH-USD	+0.0100%	1h	59.265	+0.012%	$272K	$4K	5x	as long as short
Extended DASH-USD	+0.0104%	1h	59.271	+0.023%	$10K	$197K	10x	as long as short
BloFin DASH-USDT	+0.0220%	8h	59.310	+0.088%	$3.0M	$1.4M	75x	as long as short
HTX DASH-USDT	+0.0265%	8h	59.380	+0.206%	$118K	$239K	30x	as long as short
Coinbase International DASH-PERP-INTX	+0.0392%	1h	59.740	+0.814%	$85K	$253K	25x	as long as short
GMX DASH/USD [WBTC.b-USDC]	L +0.0423% / S −0.0364%	1h	59.264	+0.010%	$115K	—	50x	as long as short
Kraken Futures PF_DASHUSDshort	+0.0725%	1h	59.289	+0.053%	$760K	$3.1M	25x
Hyperliquid DASH	+0.0758%	1h	59.400	+0.240%	$4.5M	$2.6M	5x	as long as short