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 +0.006%

Price spread now: Gate against Binance0.000%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$513as in the Funding arb table

Net, price: spread back to 7d avg − costs−$494as in the Price arb table

costs, in and out, $10k−$4974.969% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.157%−$16 on $10k

Price spread, last 4 days (all we have)−0.175%−$17 · spread now 0.000%, 7d avg −0.028%

Together, before fees−0.332%−$33 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: Gate is 0.028% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DYMUSDT	0.01824	0.0100	pay 0.0050% / 4h	1h 15m	$2.4M	$4.8M	10x
Short	Gate DYM_USDT	0.01824	0.0100	get 0.0050% / 4h	1h 15m	$145K	$172K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.028%: $2.76
Slippage, 4 orders: −$471.91
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$494.14
Costs to cover: 4.969%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; Gate: live order book, 60 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, 7 min ago	2.74 bp	29.3 bp −$29	316.2 bp −$3,162	doesn't fit	doesn't fit
Sell Gate live order book, 60 min ago	13.71 bp	219.6 bp −$220	doesn't fit	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	0.01818	−0.342%	$249	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−5.812%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01823	−0.055%	$364K	$256K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01825	+0.038%	$75K	$6K	5x	as long as short
Binance DYMUSDTlong	+0.0100%	4h	0.01824	long leg	$2.4M	$4.8M	10x
Bybit DYMUSDT	+0.0100%	4h	0.01821	−0.181%	$791K	$418K	25x	as long as short
Gate DYM_USDTshort	+0.0100%	4h	0.01824	0.000%	$145K	$172K	25x
MEXC DYM_USDT	+0.0100%	4h	0.01823	−0.055%	$1.1M	$681K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01823	−0.055%	$397K	$189K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01823	−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	0.01818	−0.342%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01824	−0.011%	$4K	$263K	5x	as long as short
KuCoin DYMUSDTM	+0.1262%	4h	0.01825	+0.054%	$430K	$145K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.1626%	1h	0.01827	+0.158%	$14K	$5K	10x	as long as short