Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Binance−0.164%7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$155as in the Funding arb table

Net, price: spread back to 7d avg − costs−$170as in the Price arb table

costs, in and out, $10k−$1591.591% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.043%+$4 on $10k

Price spread, last 7 days+0.014%+$1 · spread now −0.164%, 7d avg −0.055%

Together, before fees+0.057%+$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.109% cheaper against Binance than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.055%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DYMUSDT	0.01810	0.0100	pay 0.0050% / 4h	2h 40m	$2.4M	$4.3M	10x
Short	BingX DYM-USDT	0.01807	0.0100	get 0.0050% / 4h	2h 40m	—	$16.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now −0.164%Rate

Funding earned: $0
Price spread: −0.164% → −0.055%: −$10.88
Slippage, 4 orders: −$139.06
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$169.94
Costs to cover: 1.591%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; BingX: live order book, 8 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 Binance live order book, 11 min ago	2.74 bp	36.1 bp −$36	662.7 bp −$6,627	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	8.21 bp	46.1 bp −$46	128.6 bp −$1,286	726.4 bp −$72.6K	doesn't fit

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	+0.0025%	1h	0.01812	+0.124%	$248	—	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−5.081%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01813	+0.168%	$363K	$227K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01811	+0.033%	$75K	$5K	5x	as long as short
Binance DYMUSDTlong	+0.0100%	4h	0.01810	long leg	$2.4M	$4.3M	10x
Bybit DYMUSDT	+0.0100%	4h	0.01807	−0.175%	$765K	$478K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01810	+0.002%	$146K	$89K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01809	−0.053%	$1.1M	$567K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01812	+0.112%	$392K	$150K	25x	as long as short
BingX DYM-USDTshort	+0.0100%	4h	0.01807	−0.164%	—	$16.2M	—

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni DYM	+0.0100%	4h	0.01810	−0.014%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01811	+0.072%	$3K	$151K	5x	as long as short
KuCoin DYMUSDTM	+0.0206%	4h	0.01816	+0.333%	$421K	$126K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.4135%	1h	0.01819	+0.483%	$14K	$4K	10x	as long as short