Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Bitget against Binance−0.055%7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$1081.082% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.056%+$6 on $10k

Price spread, last 4 days (all we have)−0.050%−$5 · spread now −0.055%, 7d avg +0.011%

Together, before fees+0.005%+$1 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: Bitget is 0.066% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DYMUSDT	0.01819	0.0100	pay 0.0050% / 4h	1h 56m	$2.4M	$4.8M	10x
Short	Bitget DYMUSDT	0.01818	0.0100	get 0.0050% / 4h	1h 56m	$396K	$189K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.055%Rate

Funding earned: $0
Price spread: −0.055% → +0.011%: −$6.59
Slippage, 4 orders: −$86.19
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$114.79
Costs to cover: 1.082%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; Bitget: live order book, 19 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	2.75 bp	28.6 bp −$29	226.1 bp −$2,261	doesn't fit	doesn't fit
Sell Bitget live order book, 19 min ago	5.50 bp	25.7 bp −$26	156.3 bp −$1,563	doesn't fit	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	0.0000%	1h	0.01812	−0.367%	$248	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−5.553%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01816	−0.165%	$363K	$257K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01817	−0.110%	$75K	$6K	5x	as long as short
Binance DYMUSDTlong	+0.0100%	4h	0.01819	long leg	$2.4M	$4.8M	10x
Bybit DYMUSDT	+0.0100%	4h	0.01817	−0.137%	$790K	$419K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01820	+0.055%	$142K	$170K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01819	0.000%	$1.1M	$677K	20x	as long as short
Bitget DYMUSDTshort	+0.0100%	4h	0.01818	−0.055%	$396K	$189K	25x
BingX DYM-USDT	+0.0100%	4h	0.01818	−0.055%	—	$12.6M	—	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	0.01807	−0.663%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01821	+0.093%	$4K	$263K	5x	as long as short
KuCoin DYMUSDTM	+0.1314%	4h	0.01818	−0.055%	$428K	$144K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.1631%	1h	0.01821	+0.105%	$14K	$5K	10x	as long as short