Funding you earn now, next payment 05:00 UTC−0.0292%/8h= −32.0% APRpaid last 24h −0.034%
Price spread now: BingX against Coinbase International−0.281%53s7-day average −0.195% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$600.602% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.281%, 7d avg −0.195%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and BingX is 0.086% cheaper against Coinbase International than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.195%). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.009% in total (about -0.5% 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 | Coinbase International DASH-PERP-INTX | 60.530 | 0.0392 | pay 0.0049% / 1h | 17m 24s | $85K | $264K | 25x |
| Short | BingX DASH-USDT | 60.360 | 0.0100 | get 0.0100% / 8h | 2h 17m | — | $7.7M | — |
Coinbase International DASH-PERP-INTX
BingX DASH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Coinbase International. 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
- −$61.32
- Price spread: −0.281% → −0.195%
- −$8.58
- Slippage, 4 orders
- −$40.19
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$130.1
- Costs to cover
- 0.602%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 30 min ago; BingX: 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 Coinbase International live order book, 30 min ago | 13.46 bp | 25.4 bp −$25 | 36.9 bp −$369 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 0.84 bp | 5.8 bp −$6 | 10.8 bp −$108 | 30.1 bp −$3,014 | 144.7 bp −$72.3K |
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 | −2.775% | $7 | $134K | 5.5x | as long as short |
| Lighter DASH | +0.0096% | 1h | 60.530 | 0.000% | $122K | $108K | 10x | as long as short |
| Aster DASHUSDT | +0.0100% | 8h | 60.400 | −0.215% | $137K | $378K | 20x | as long as short |
| Binance DASHUSDT | +0.0100% | 8h | 60.395 | −0.222% | $29.5M | $88.9M | 75x | as long as short |
| Bybit DASHUSDT | +0.0100% | 8h | 60.490 | −0.066% | $11.1M | $19.9M | 75x | as long as short |
| OKX DASH-USDT-SWAP | +0.0100% | 4h | 60.480 | −0.083% | $6.2M | $30.2M | 50x | as long as short |
| Gate DASH_USDT | +0.0100% | 8h | 60.390 | −0.231% | $1.8M | $2.7M | 50x | as long as short |
| MEXC DASH_USDT | +0.0100% | 8h | 60.360 | −0.281% | $20.9M | $11.7M | 100x | as long as short |
| KuCoin DASHUSDTM | +0.0100% | 8h | 60.390 | −0.231% | $8.4M | $4.3M | 30x | as long as short |
| Bitget DASHUSDT | +0.0100% | 8h | 60.460 | −0.116% | $6.7M | $3.1M | 50x | as long as short |
Injective DASH/USDC PERP
Lighter DASH
Aster DASHUSDT
Binance DASHUSDT
Bybit DASHUSDT
OKX DASH-USDT-SWAP
Gate DASH_USDT
MEXC DASH_USDT
KuCoin DASHUSDTM
Bitget DASHUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DASH-USDTshort | +0.0100% | 8h | 60.360 | −0.281% | — | $7.7M | — | |
| Variational Omni DASH | +0.0100% | 8h | 59.890 | −1.058% | $299K | $286K | — | as long as short |
| SunX DASH-USDT | +0.0100% | 8h | 60.480 | −0.083% | $26K | $1.3M | 20x | as long as short |
| SoDEX DASH-USD | +0.0100% | 1h | 60.460 | −0.116% | $277K | $4K | 5x | as long as short |
| Extended DASH-USD | +0.0104% | 1h | 60.548 | +0.030% | $15K | $199K | 10x | as long as short |
| BloFin DASH-USDT | +0.0220% | 8h | 60.250 | −0.463% | $3.0M | $1.4M | 75x | as long as short |
| Deribit DASH_USDC-PERPETUAL | +0.0246% | 1h | 60.490 | −0.066% | $121 | $2K | 50x | as long as short |
| HTX DASH-USDT | +0.0329% | 8h | 60.500 | −0.050% | $121K | $239K | 30x | as long as short |
| Coinbase International DASH-PERP-INTXlong | +0.0392% | 1h | 60.530 | long leg | $85K | $264K | 25x | |
| GMX DASH/USD [WBTC.b-USDC] | L +0.0427% / S −0.0364% | 1h | 60.395 | −0.223% | $117K | — | 50x | as long as short |
| Hyperliquid DASH | +0.0686% | 1h | 60.498 | −0.053% | $4.6M | $2.6M | 5x | as long as short |
| Kraken Futures PF_DASHUSD | +0.0710% | 1h | 60.483 | −0.078% | $787K | $3.1M | 25x | as long as short |
Variational Omni DASH
SunX DASH-USDT
SoDEX DASH-USD
Extended DASH-USD
BloFin DASH-USDT
Deribit DASH_USDC-PERPETUAL
HTX DASH-USDT
GMX DASH/USD [WBTC.b-USDC]
Hyperliquid DASH
Kraken Futures PF_DASHUSD