Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against BingX+0.079%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$255as in the Funding arb table

Net, price: spread back to 7d avg − costs−$244as in the Price arb table

costs, in and out, $10k−$2502.498% of the position

Long on BingX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.050%−$5 on $10k

Price spread, last 4 days (all we have)+0.047%+$5 · spread now +0.079%, 7d avg +0.017%

Together, before fees−0.003%+ Points / potential airdropExtended: Active · farm board$0 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: Extended is 0.062% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX DYM-USDT	0.01837	0.0100	pay 0.0050% / 4h	1h 44m	—	$24.7M	—
Short	Extended DYM-USD	0.01838	0.0104	get 0.0013% / 1h	44m 17s	$2K	$292K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BingX. 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 BingXbpFee ExtendedbpOrdersPrice spread, now +0.079%Rate

Funding earned: $0.84
Price spread: +0.079% → +0.017%: $6.22
Slippage, 4 orders: −$234.79
Fee BingX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$242.73
Costs to cover: 2.498%
Break-even: 2029.8 days

Slippage from BingX: live order book, 9 min ago; Extended: live order book, 18 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 BingX live order book, 9 min ago	8.12 bp	37.4 bp −$37	114.5 bp −$1,145	707.0 bp −$70.7K	doesn't fit
Sell Extended live order book, 18 min ago	6.50 bp	96.0 bp −$96	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	0.01838	+0.063%	$252	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.478%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01837	0.000%	$368K	$244K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01839	+0.135%	$76K	$5K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01838	+0.077%	$2.4M	$4.5M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01837	−0.011%	$783K	$442K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01840	+0.163%	$146K	$94K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01839	+0.109%	$1.2M	$581K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01837	0.000%	$409K	$156K	25x	as long as short
BingX DYM-USDTlong	+0.0100%	4h	0.01837	long leg	—	$24.7M	—

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni DYM	+0.0100%	4h	0.01833	−0.235%	$10K	$5K	—	as long as short
Extended DYM-USDshort	+0.0104%	1h	0.01838	+0.079%	$2K	$292K	5x
KuCoin DYMUSDTM	+0.0616%	4h	0.01838	+0.054%	$429K	$144K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.3514%	1h	0.01841	+0.224%	$15K	$5K	10x	as long as short