Funding you earn now, next payment 10:00 UTC−0.0513%/8h= −56.2% APRnext payment −$0.64 per $10,000 · paid last 24h −0.068%
Price spread now: Injective against Kraken Futures−1.127%63s7-day average +0.037% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.238%+$24 on $10k
+Price spread, last 4 days (all we have)+0.200%+$20 · spread now −1.127%, 7d avg +0.037%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Injective is 1.164% cheaper against Kraken Futures than usual: you would sell low and buy high (−$116 if the spread goes back to its 7-day average of +0.037%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.238%, so the current rate has only just turned against you. The two prices were read 63 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 0.238% in total (about 12.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.64 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 | Kraken Futures PF_DASHUSD | 59.521 | 0.0547 | pay 0.0068% / 1h | 55m 46s | $774K | $3.0M | 25x |
| Short | Injective DASH/USDC PERP | 58.850 | 0.0033 | get 0.0004% / 1h | 55m 46s | $7 | $134K | 5.5x |
Kraken Futures PF_DASHUSD
Injective DASH/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Kraken Futures. 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
- −$107.77
- Price spread: −1.127% → +0.037%
- −$116.4
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$234.19
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 3 min ago; Injective: no order-book sample. Net counts fees only.
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 Kraken Futures live order book, 3 min ago | 12.56 bp | 22.9 bp −$23 | 56.5 bp −$565 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 PERPshort | +0.0033% | 1h | 58.850 | −1.127% | $7 | $134K | 5.5x | |
| Lighter DASH | +0.0096% | 1h | 59.338 | −0.307% | $125K | $101K | 10x | as long as short |
| Aster DASHUSDT | +0.0100% | 8h | 59.322 | −0.334% | $128K | $386K | 20x | as long as short |
| Binance DASHUSDT | +0.0100% | 8h | 59.250 | −0.455% | $28.9M | $89.4M | 75x | as long as short |
| Bybit DASHUSDT | +0.0100% | 8h | 59.290 | −0.388% | $11.2M | $21.7M | 75x | as long as short |
| OKX DASH-USDT-SWAP | +0.0100% | 4h | 59.250 | −0.455% | $6.2M | $31.2M | 50x | as long as short |
| Gate DASH_USDT | +0.0100% | 8h | 59.380 | −0.237% | $1.6M | $2.7M | 50x | as long as short |
| MEXC DASH_USDT | +0.0100% | 8h | 59.300 | −0.371% | $21.1M | $12.1M | 100x | as long as short |
| KuCoin DASHUSDTM | +0.0100% | 8h | 59.310 | −0.354% | $7.9M | $4.7M | 30x | as long as short |
| Bitget DASHUSDT | +0.0100% | 8h | 59.260 | −0.438% | $6.6M | $3.4M | 50x | as long as short |
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-USDT | +0.0100% | 8h | 59.280 | −0.405% | — | $7.8M | — | as long as short |
| Variational Omni DASH | +0.0100% | 8h | 59.498 | −0.038% | $319K | $239K | — | as long as short |
| SunX DASH-USDT | +0.0100% | 8h | 59.560 | +0.066% | $25K | $1.2M | 20x | as long as short |
| SoDEX DASH-USD | +0.0100% | 1h | 59.485 | −0.060% | $273K | $4K | 5x | as long as short |
| HTX DASH-USDT | +0.0100% | 8h | 59.600 | +0.133% | $118K | $224K | 30x | as long as short |
| Extended DASH-USD | +0.0104% | 1h | 59.387 | −0.225% | $10K | $291K | 10x | as long as short |
| BloFin DASH-USDT | +0.0220% | 8h | 59.650 | +0.217% | $3.1M | $1.4M | 75x | as long as short |
| Deribit DASH_USDC-PERPETUAL | +0.0254% | 1h | 59.500 | −0.035% | $30K | $32K | 50x | as long as short |
| Hyperliquid DASH | +0.0426% | 1h | 59.384 | −0.230% | $4.6M | $2.9M | 5x | as long as short |
| GMX DASH/USD [WBTC.b-USDC] | L +0.0527% / S −0.0389% | 1h | 59.485 | −0.060% | $160K | — | 50x | as long as short |
| Kraken Futures PF_DASHUSDlong | +0.0547% | 1h | 59.521 | long leg | $774K | $3.0M | 25x | |
| Coinbase International DASH-PERP-INTX | +0.0552% | 1h | 59.970 | +0.754% | $82K | $249K | 25x | as long as short |
BingX DASH-USDT
Variational Omni DASH
SunX DASH-USDT
SoDEX DASH-USD
HTX DASH-USDT
Extended DASH-USD
BloFin DASH-USDT
Deribit DASH_USDC-PERPETUAL
Hyperliquid DASH
GMX DASH/USD [WBTC.b-USDC]
Coinbase International DASH-PERP-INTX