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: Kraken Futures against SoDEX+0.056%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$450.455% of the position
Funding, last 4 days (all we have)+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now +0.056%, 7d avg +0.082%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Kraken Futures is 0.026% cheaper against SoDEX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.082%). Swap the legs.
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX DASH-USD | 59.075 | 0.0100 | pay 0.0013% / 1h | 5m 12s | $271K | $4K | 5x |
| Short | Kraken Futures PF_DASHUSD | 59.108 | −0.0333 | pay 0.0042% / 1h | 5m 12s | $749K | $3.0M | 25x |
SoDEX DASH-USD
Kraken Futures PF_DASHUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SoDEX. 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
- −$90.95
- Price spread: +0.056% → +0.082%
- −$2.63
- Slippage, 4 orders
- −$27.49
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$139.08
- Costs to cover
- 0.455%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 41 min ago; Kraken Futures: live order book, 2 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 SoDEX live order book, 41 min ago | 0.85 bp | 6.8 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 7.61 bp | 15.7 bp −$16 | 27.6 bp −$276 | doesn't fit | doesn't fit |
DASH on 22 exchanges
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 | −0.0333% | 1h | 59.108 | +0.056% | $749K | $3.0M | 25x | |
| Deribit DASH_USDC-PERPETUAL | 0.0000% | 1h | 59.080 | +0.008% | $30K | $32K | 50x | as long as short |
| Injective DASH/USDC PERP | +0.0033% | 1h | 58.850 | −0.381% | $7 | $134K | 5.5x | as long as short |
| Lighter DASH | +0.0096% | 1h | 59.102 | +0.046% | $125K | $100K | 10x | as long as short |
| Aster DASHUSDT | +0.0100% | 8h | 59.085 | +0.018% | $115K | $368K | 20x | as long as short |
| Binance DASHUSDT | +0.0100% | 8h | 59.085 | +0.018% | $28.7M | $85.3M | 75x | as long as short |
| Bybit DASHUSDT | +0.0100% | 8h | 59.100 | +0.042% | $11.1M | $21.0M | 75x | as long as short |
| OKX DASH-USDT-SWAP | +0.0100% | 4h | 59.060 | −0.025% | $6.0M | $30.2M | 50x | as long as short |
| Gate DASH_USDT | +0.0100% | 8h | 59.050 | −0.042% | $1.6M | $2.8M | 50x | as long as short |
| MEXC DASH_USDT | +0.0100% | 8h | 59.040 | −0.059% | $21.4M | $12.1M | 100x | as long as short |
Deribit DASH_USDC-PERPETUAL
Injective DASH/USDC PERP
Lighter DASH
Aster DASHUSDT
Binance DASHUSDT
Bybit DASHUSDT
OKX DASH-USDT-SWAP
Gate DASH_USDT
MEXC DASH_USDTShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DASHUSDTM | +0.0100% | 8h | 59.020 | −0.093% | $8.3M | $4.6M | 30x | as long as short |
| Bitget DASHUSDT | +0.0100% | 8h | 59.060 | −0.025% | $6.6M | $3.3M | 50x | as long as short |
| BingX DASH-USDT | +0.0100% | 8h | 59.060 | −0.025% | — | $7.7M | — | as long as short |
| Variational Omni DASH | +0.0100% | 8h | 59.049 | −0.043% | $317K | $207K | — | as long as short |
| SunX DASH-USDT | +0.0100% | 8h | 59.100 | +0.042% | $25K | $1.2M | 20x | as long as short |
| SoDEX DASH-USDlong | +0.0100% | 1h | 59.075 | long leg | $271K | $4K | 5x | |
| HTX DASH-USDT | +0.0100% | 8h | 59.270 | +0.330% | $117K | $203K | 30x | as long as short |
| Extended DASH-USD | +0.0104% | 1h | 59.030 | −0.076% | $14K | $298K | 10x | as long as short |
| Hyperliquid DASH | +0.0219% | 1h | 59.130 | +0.093% | $4.6M | $2.6M | 5x | as long as short |
| BloFin DASH-USDT | +0.0220% | 8h | 59.080 | +0.008% | $3.1M | $1.3M | 75x | as long as short |
| GMX DASH/USD [WBTC.b-USDC] | L +0.0525% / S −0.0389% | 1h | 59.042 | −0.056% | $158K | — | 50x | as long as short |
| Coinbase International DASH-PERP-INTX | +0.0536% | 1h | 59.130 | +0.093% | $80K | $207K | 25x | as long as short |
KuCoin DASHUSDTM
Bitget DASHUSDT
BingX DASH-USDT
Variational Omni DASH
SunX DASH-USDT
HTX DASH-USDT
Extended DASH-USD
Hyperliquid DASH
BloFin DASH-USDT
GMX DASH/USD [WBTC.b-USDC]
Coinbase International DASH-PERP-INTX