DYM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1358%/8h= +148.7% APRnext payment +$6.79 per $10,000 · paid last 24h +0.160%

Price spread now: KuCoin against Binance+0.053%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,381as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,437as in the Price arb table

costs, in and out, $10k−$1,43714.368% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.561%+$56 on $10k

Price spread, last 4 days (all we have)−0.189%−$19 · spread now +0.053%, 7d avg +0.054%

Together, before fees+0.372%+$37 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.054%, so right now this pair is about funding alone: +$41 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.561% in total (about 29.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.79 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DYMUSDT	0.01820	0.0100	pay 0.0050% / 4h	2h 31m	$2.4M	$4.9M	10x
Short	KuCoin DYMUSDTM	0.01821	0.1458	get 0.0729% / 4h	2h 31m	$428K	$146K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.053%Rate

Funding earned: $285.18
Price spread: +0.053% → +0.054%: −$0.12
Slippage, 4 orders: −$1,414.83
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,151.77
Costs to cover: 14.368%
Break-even: 35.3 days

Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 50 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, 6 min ago	2.74 bp	33.5 bp −$34	359.3 bp −$3,593	doesn't fit	doesn't fit
Sell KuCoin live order book, 50 min ago	16.36 bp	495.8 bp −$496	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	−0.116%	$249	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−5.606%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01820	−0.002%	$364K	$259K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01822	+0.131%	$75K	$6K	5x	as long as short
Binance DYMUSDTlong	+0.0100%	4h	0.01820	long leg	$2.4M	$4.9M	10x
Bybit DYMUSDT	+0.0100%	4h	0.01819	−0.046%	$780K	$414K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01825	+0.273%	$141K	$170K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01819	−0.057%	$1.2M	$699K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01820	−0.002%	$396K	$193K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01820	−0.002%	—	$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	0.01823	+0.159%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01820	−0.014%	$4K	$263K	5x	as long as short
KuCoin DYMUSDTMshort	+0.1458%	4h	0.01821	+0.053%	$428K	$146K	25x
Kraken Futures PF_DYMUSD	+0.2177%	1h	0.01827	+0.382%	$14K	$5K	10x	as long as short