Funding arb · Price arb /

DASH

all DASH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0221%/8h= −24.2% APRpaid last 24h −0.043%

Price spread now: Kraken Futures against Bybit+0.190%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$520.523% of the position

Long on Bybit Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.521%−$52 on $10k

Price spread, last 3 days (all we have)−0.411%−$41 · spread now +0.190%, 7d avg +0.034%

Together, before fees−0.932%−$93 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kraken Futures is 0.156% dearer against Bybit than usual: you sell high and buy low (spread +0.190% now, against its 7-day average of +0.034%): +$16 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DASHUSDT	58.560	0.0100	pay 0.0100% / 8h	2h 04m	$10.3M	$18.5M	75x
Short	Kraken Futures PF_DASHUSD	58.671	−0.0121	pay 0.0015% / 1h	4m 15s	$698K	$2.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bybit. 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 BybitbpFee Kraken FuturesbpOrdersPrice spread, now +0.190%Rate

Funding earned: −$46.38
Price spread: +0.190% → +0.034%: $15.57
Slippage, 4 orders: −$31.29
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$83.09
Costs to cover: 0.523%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; Kraken Futures: live order book, 4 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 Bybit live order book, 4 min ago	1.70 bp	11.1 bp −$11	24.9 bp −$249	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 4 min ago	7.66 bp	14.0 bp −$14	21.8 bp −$218	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
Kraken Futures PF_DASHUSDshort	−0.0121%	1h	58.671	+0.190%	$698K	$2.7M	25x
KuCoin DASHUSDTM	−0.0070%	8h	58.570	+0.017%	$8.0M	$4.0M	30x	as long as short
OKX DASH-USDT-SWAP	−0.0017%	4h	58.560	0.000%	$5.1M	$27.4M	50x	as long as short
Deribit DASH_USDC-PERPETUAL	0.0000%	1h	58.600	+0.068%	$234	$2K	50x	as long as short
Injective DASH/USDC PERP	+0.0033%	1h	58.830	+0.461%	$7	$78K	5.5x	as long as short
BloFin DASH-USDT	+0.0071%	8h	58.550	−0.017%	$2.6M	$1.3M	75x	as long as short
Lighter DASH	+0.0096%	1h	58.600	+0.068%	$117K	$102K	10x	as long as short
Aster DASHUSDT	+0.0100%	8h	58.551	−0.015%	$126K	$363K	20x	as long as short
Binance DASHUSDT	+0.0100%	8h	58.584	+0.041%	$27.6M	$86.5M	75x	as long as short
Bybit DASHUSDTlong	+0.0100%	8h	58.560	long leg	$10.3M	$18.5M	75x

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate DASH_USDT	+0.0100%	8h	58.560	0.000%	$1.8M	$2.5M	50x	as long as short
MEXC DASH_USDT	+0.0100%	8h	58.570	+0.017%	$20.4M	$10.3M	100x	as long as short
Bitget DASHUSDT	+0.0100%	8h	58.570	+0.017%	$6.3M	$2.8M	50x	as long as short
BingX DASH-USDT	+0.0100%	8h	58.550	−0.017%	—	$6.1M	—	as long as short
Variational Omni DASH	+0.0100%	8h	58.532	−0.047%	$308K	$269K	—	as long as short
SunX DASH-USDT	+0.0100%	8h	58.590	+0.051%	$25K	$1.2M	20x	as long as short
SoDEX DASH-USD	+0.0100%	1h	58.590	+0.051%	$269K	$4K	5x	as long as short
HTX DASH-USDT	+0.0100%	8h	58.750	+0.324%	$123K	$200K	30x	as long as short
Extended DASH-USD	+0.0104%	1h	58.569	+0.016%	$10K	$207K	10x	as long as short
Hyperliquid DASH	+0.0119%	1h	58.652	+0.157%	$4.4M	$2.4M	5x	as long as short
Coinbase International DASH-PERP-INTX	+0.0200%	1h	59.240	+1.161%	$99K	$228K	25x	as long as short
GMX DASH/USD [WBTC.b-USDC]	L +0.0560% / S −0.0532%	1h	58.576	+0.027%	$149K	—	50x	as long as short