Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.3293%/8h= +360.5% APRpaid last 24h +0.579%

Price spread now: Kraken Futures against Binance+0.336%7-day average — · you sell dearer than you buy

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

Long on Binance 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—needs both histories

Both sides work for this trade now. Funding pays +$99 a day on $10k at the current rate, and Kraken Futures is 0.336% dearer against Binance than usual: you sell high and buy low: +$34 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	Binance DYMUSDT	0.01845	0.0100	pay 0.0050% / 4h	2h 27m	$2.4M	$4.6M	10x
Short	Kraken Futures PF_DYMUSD	0.01852	0.3393	get 0.0424% / 1h	27m 55s	$15K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.336%Rate

Funding earned: $691.43
Price spread: +0.336% → 0.000%: $33.61
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $705.03
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Binance: live order book, 9 min ago; 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 Binance live order book, 9 min ago	5.45 bp	33.4 bp −$33	377.8 bp −$3,778	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

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
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.906%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01843	−0.132%	$368K	$247K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01840	−0.278%	$76K	$5K	5x	as long as short
Binance DYMUSDTlong	+0.0100%	4h	0.01845	long leg	$2.4M	$4.6M	10x
Bybit DYMUSDT	+0.0100%	4h	0.01842	−0.208%	$787K	$440K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01840	−0.295%	$146K	$98K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01844	−0.078%	$1.2M	$604K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01846	+0.031%	$411K	$163K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01844	−0.078%	—	$24.7M	—	as long as short
Variational Omni DYM	+0.0100%	4h	0.01840	−0.283%	$10K	$5K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended DYM-USD	+0.0104%	1h	0.01845	−0.048%	$6K	$290K	5x	as long as short
dYdX DYM-USD	+0.0114%	1h	0.01836	−0.504%	$252	$5	5x	as long as short
KuCoin DYMUSDTM	+0.0398%	4h	0.01841	−0.240%	$432K	$148K	25x	as long as short
Kraken Futures PF_DYMUSDshort	+0.3393%	1h	0.01852	+0.336%	$15K	$5K	10x