Settings8H · net · $10k
Funding arb · Price arb /

DASH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0433%/8h= +47.4% APRnext payment +$0.54 per $10,000 · paid last 24h −0.060%
Price spread now: SoDEX against Kraken Futures−0.045%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$400.397% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.032%−$3 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.045%, 7d avg −0.082%
Together, before fees−0.020%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and SoDEX is 0.037% dearer against Kraken Futures than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.082%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.032% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.54 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_DASHUSD59.132−0.0333get 0.0042% / 1h47m 32s$755K$3.0M25x
ShortSoDEX DASH-USD59.1050.0100get 0.0013% / 1h47m 32s$271K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$90.92
Price spread: −0.045% → −0.082%
$3.72
Slippage, 4 orders
−$21.73
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$54.91
Costs to cover
0.397%
Break-even
2.8 days
Slippage from Kraken Futures: live order book, 4 min ago; SoDEX: live order book, 64 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 4 min ago5.93 bp14.7 bp −$1528.8 bp −$288doesn't fitdoesn't fit
Sell SoDEX live order book, 64 min ago0.85 bp7.0 bp −$7doesn't fitdoesn't fitdoesn't fit

DASH on 22 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_DASHUSDlong−0.0333%1h59.132long leg$755K$3.0M25x
Deribit DASH_USDC-PERPETUAL0.0000%1h59.120−0.020%$30K$32K50xas long as short
Injective DASH/USDC PERP+0.0033%1h58.850−0.476%$7$134K5.5xas long as short
Lighter DASH+0.0096%1h59.162+0.051%$125K$100K10xas long as short
Aster DASHUSDT+0.0100%8h59.133+0.003%$122K$356K20xas long as short
Binance DASHUSDT+0.0100%8h59.134+0.004%$28.7M$85.8M75xas long as short
Bybit DASHUSDT+0.0100%8h59.140+0.014%$11.2M$21.1M75xas long as short
OKX DASH-USDT-SWAP+0.0100%4h59.160+0.048%$6.2M$30.3M50xas long as short
Gate DASH_USDT+0.0100%8h59.140+0.014%$1.6M$2.8M50xas long as short
MEXC DASH_USDT+0.0100%8h59.130−0.003%$21.5M$11.8M100xas long as short
Show all 22 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DASHUSDTM+0.0100%8h59.120−0.020%$8.4M$4.7M30xas long as short
Bitget DASHUSDT+0.0100%8h59.140+0.014%$6.6M$3.3M50xas long as short
BingX DASH-USDT+0.0100%8h59.170+0.065%$7.4Mas long as short
Variational Omni DASH+0.0100%8h59.020−0.189%$317K$218Kas long as short
SunX DASH-USDT+0.0100%8h59.070−0.104%$25K$1.2M20xas long as short
SoDEX DASH-USDshort+0.0100%1h59.105−0.045%$271K$4K5x
HTX DASH-USDT+0.0100%8h59.140+0.014%$117K$209K30xas long as short
Extended DASH-USD+0.0104%1h59.150+0.030%$10K$289K10xas long as short
BloFin DASH-USDT+0.0220%8h59.080−0.087%$3.1M$1.3M75xas long as short
Hyperliquid DASH+0.0240%1h59.215+0.141%$4.6M$2.7M5xas long as short
GMX DASH/USD [WBTC.b-USDC]L +0.0525% / S −0.0389%1h59.113−0.031%$158K50xas long as short
Coinbase International DASH-PERP-INTX+0.0536%1h59.370+0.403%$81K$207K25xas long as short