Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%

Price spread now: Gate against BingX−0.218%7-day average +0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$765as in the Funding arb table

Net, price: spread back to 7d avg − costs−$772as in the Price arb table

costs, in and out, $10k−$7477.468% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.185%−$19 on $10k

Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.218%, 7d avg +0.031%

Together, before fees−0.078%−$8 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 0.249% cheaper against BingX than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX DYM-USDT	0.01834	0.0100	pay 0.0050% / 4h	2h 50m	—	$24.7M	—
Short	Gate DYM_USDT	0.01830	0.0100	get 0.0050% / 4h	2h 50m	$145K	$97K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.218%Rate

Funding earned: $0
Price spread: −0.218% → +0.031%: −$24.89
Slippage, 4 orders: −$721.77
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$771.67
Costs to cover: 7.468%
Break-even: never at this rate

Slippage from BingX: live order book, 3 min ago; Gate: live order book, 10 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, 3 min ago	10.94 bp	44.0 bp −$44	131.9 bp −$1,319	715.5 bp −$71.6K	doesn't fit
Sell Gate live order book, 10 min ago	13.61 bp	214.5 bp −$215	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
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.325%	$237	$12K	5.5x	as long as short
dYdX DYM-USD	+0.0088%	1h	0.01828	−0.343%	$250	$5	5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01833	−0.055%	$366K	$246K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01831	−0.137%	$76K	$5K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01836	+0.109%	$2.4M	$4.6M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01832	−0.120%	$779K	$430K	25x	as long as short
Gate DYM_USDTshort	+0.0100%	4h	0.01830	−0.218%	$145K	$97K	25x
MEXC DYM_USDT	+0.0100%	4h	0.01834	0.000%	$1.1M	$596K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01832	−0.109%	$404K	$164K	25x	as long as short
BingX DYM-USDTlong	+0.0100%	4h	0.01834	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	0.01830	−0.234%	$10K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01834	−0.001%	$1K	$288K	5x	as long as short
KuCoin DYMUSDTM	+0.0242%	4h	0.01832	−0.109%	$433K	$148K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.3420%	1h	0.01837	+0.158%	$14K	$5K	10x	as long as short