Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Bitget−0.110%7-day average −0.133% · you buy dearer than you sell

Net, funding: paid 7d − costs−$382as in the Funding arb table

Net, price: spread back to 7d avg − costs−$377as in the Price arb table

costs, in and out, $10k−$3793.791% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$2 on $10k

Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.110%, 7d avg −0.133%

Together, before fees+0.031%+$3 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: Bybit is 0.023% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.133%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget DYMUSDT	0.01826	0.0100	pay 0.0050% / 4h	36m 40s	$397K	$180K	25x
Short	Bybit DYMUSDT	0.01824	0.0100	get 0.0050% / 4h	36m 40s	$776K	$425K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now −0.110%Rate

Funding earned: $0
Price spread: −0.110% → −0.133%: $2.33
Slippage, 4 orders: −$356.1
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$376.77
Costs to cover: 3.791%
Break-even: never at this rate

Slippage from Bitget: live order book, 34 min ago; Bybit: live order book, 38 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 Bitget live order book, 34 min ago	8.21 bp	41.3 bp −$41	372.5 bp −$3,725	doesn't fit	doesn't fit
Sell Bybit live order book, 38 min ago	8.23 bp	145.4 bp −$145	568.0 bp −$5,680	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	0.01825	−0.072%	$250	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−5.915%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01826	0.000%	$365K	$254K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01828	+0.110%	$75K	$6K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01828	+0.084%	$2.4M	$4.7M	10x	as long as short
Bybit DYMUSDTshort	+0.0100%	4h	0.01824	−0.110%	$776K	$425K	25x
MEXC DYM_USDT	+0.0100%	4h	0.01827	+0.055%	$1.1M	$668K	20x	as long as short
Bitget DYMUSDTlong	+0.0100%	4h	0.01826	long leg	$397K	$180K	25x
BingX DYM-USDT	+0.0100%	4h	0.01825	−0.055%	—	$12.6M	—	as long as short
Variational Omni DYM	+0.0100%	4h	0.01828	+0.124%	$9K	$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	0.01827	+0.035%	$4K	$263K	5x	as long as short
Gate DYM_USDT	+0.0448%	4h	0.01831	+0.274%	$146K	$169K	25x	as long as short
KuCoin DYMUSDTM	+0.1356%	4h	0.01828	+0.110%	$431K	$144K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.1949%	1h	0.01831	+0.265%	$14K	$5K	10x	as long as short