Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.3573%/8h= +391.3% APRpaid last 24h +0.630%

Price spread now: Kraken Futures against Aster+0.177%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$107 a day on $10k at the current rate, and Kraken Futures is 0.177% dearer against Aster than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster DYMUSDT	0.01855	0.0100	pay 0.0050% / 4h	29m 11s	$77K	$5K	5x
Short	Kraken Futures PF_DYMUSD	0.01858	0.3673	get 0.0459% / 1h	29m 11s	$15K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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 AsterbpFee Kraken FuturesbpOrdersPrice spread, now +0.177%Rate

Funding earned: $750.41
Price spread: +0.177% → 0.000%: $17.65
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $750.07
Costs to cover: 0.180%
Break-even: 0.0 days

Slippage unknown: Aster: no order-book sample; Kraken Futures: 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 Aster no order-book sample	—	—	—	—	—
Sell Kraken Futures no order-book sample	—	—	—	—	—

Aster and Kraken Futures: 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.

DYM on 14 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
dYdX DYM-USD	+0.0015%	1h	0.01854	−0.045%	$254	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−7.385%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01851	−0.215%	$372K	$236K	3x	as long as short
Aster DYMUSDTlong	+0.0100%	4h	0.01855	long leg	$77K	$5K	5x
Binance DYMUSDT	+0.0100%	4h	0.01849	−0.322%	$2.4M	$4.5M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01850	−0.269%	$786K	$459K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01850	−0.269%	$147K	$90K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01854	−0.054%	$1.2M	$580K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01851	−0.215%	$409K	$151K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01854	−0.054%	—	$24.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni DYM	+0.0100%	4h	0.01852	−0.179%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01852	−0.165%	$2K	$289K	5x	as long as short
KuCoin DYMUSDTM	+0.0406%	4h	0.01858	+0.162%	$435K	$142K	25x	as long as short
Kraken Futures PF_DYMUSDshort	+0.3673%	1h	0.01858	+0.177%	$15K	$4K	10x