Settings8H · net · $10k
Funding arb · Price arb /

DYM

all DYM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0400%/8h= +43.8% APRnext payment +$2.00 per $10,000 · paid last 24h +0.204%
Price spread now: KuCoin against BingX+0.166%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,006as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,055as in the Price arb table
costs, in and out, $10k−$2,06020.605% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.549%+$55 on $10k
Price spread, last 4 days (all we have)−0.166%−$17 · spread now +0.166%, 7d avg +0.112%
Together, before fees+0.383%+$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and KuCoin is 0.054% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.112%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX DYM-USDT0.018060.0100pay 0.0050% / 4h2h 20m$16.2M
ShortKuCoin DYMUSDTM0.018090.0500get 0.0250% / 4h2h 20m$420K$125K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$84
Price spread: +0.166% → +0.112%
$5.38
Slippage, 4 orders
−$2,038.48
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,971.1
Costs to cover
20.605%
Break-even
171.3 days
Slippage from BingX: live order book, 2 min ago; KuCoin: live order book, 37 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 2 min ago8.34 bp33.6 bp −$34132.9 bp −$1,329736.2 bp −$73.6Kdoesn't fit
Sell KuCoin live order book, 37 min ago16.46 bp953.9 bp −$954doesn't fitdoesn't fitdoesn't fit

DYM on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX DYM-USD+0.0024%1h0.01803−0.156%$2475xas long as short
Injective DYM/USDC PERP+0.0033%1h0.01718−4.873%$237$12K5.5xas long as short
Hyperliquid DYM+0.0100%1h0.018060.000%$362K$232K3xas long as short
Aster DYMUSDT+0.0100%4h0.018060.000%$74K$7K5xas long as short
Binance DYMUSDT+0.0100%4h0.01808+0.099%$2.4M$4.4M10xas long as short
Bybit DYMUSDT+0.0100%4h0.01805−0.072%$763K$486K25xas long as short
Gate DYM_USDT+0.0100%4h0.01803−0.166%$149K$92K25xas long as short
MEXC DYM_USDT+0.0100%4h0.018060.000%$1.1M$571K20xas long as short
Bitget DYMUSDT+0.0100%4h0.01804−0.111%$388K$157K25xas long as short
BingX DYM-USDTlong+0.0100%4h0.01806long leg$16.2M
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni DYM+0.0100%4h0.01805−0.073%$9K$5Kas long as short
Extended DYM-USD+0.0104%1h0.01807+0.072%$1K$151K5xas long as short
KuCoin DYMUSDTMshort+0.0500%4h0.01809+0.166%$420K$125K25x
Kraken Futures PF_DYMUSD+0.4154%1h0.01810+0.227%$14K$4K10xas long as short