Funding arb · Price arb /

DYM

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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 Bitget−0.028%7-day average −0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$251as in the Funding arb table

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

costs, in and out, $10k−$2462.464% of the position

Long on Bitget 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)+0.155%+$15 · spread now −0.028%, 7d avg −0.051%

Together, before fees+0.105%+ Points / potential airdropExtended: Active · farm board+$10 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 0.023% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget DYMUSDT	0.01854	0.0100	pay 0.0050% / 4h	1h 19m	$410K	$157K	25x
Short	Extended DYM-USD	0.01853	0.0104	get 0.0013% / 1h	19m 14s	$3K	$293K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.028%Rate

Funding earned: $0.84
Price spread: −0.028% → −0.051%: $2.28
Slippage, 4 orders: −$229.45
Fee Bitget: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$243.33
Costs to cover: 2.464%
Break-even: 2034.8 days

Slippage from Bitget: live order book, 36 min ago; Extended: live order book, 43 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, 36 min ago	8.13 bp	39.1 bp −$39	363.2 bp −$3,632	doesn't fit	doesn't fit
Sell Extended live order book, 43 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
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−7.335%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01854	0.000%	$370K	$239K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01855	+0.062%	$77K	$5K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01854	0.000%	$2.4M	$4.4M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01851	−0.167%	$789K	$449K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01851	−0.162%	$147K	$94K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01855	+0.054%	$1.2M	$582K	20x	as long as short
Bitget DYMUSDTlong	+0.0100%	4h	0.01854	long leg	$410K	$157K	25x
BingX DYM-USDT	+0.0100%	4h	0.01855	+0.054%	—	$24.7M	—	as long as short
Variational Omni DYM	+0.0100%	4h	0.01846	−0.423%	$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-USDshort	+0.0104%	1h	0.01853	−0.028%	$3K	$293K	5x
dYdX DYM-USD	+0.0124%	1h	0.01847	−0.397%	$253	$5	5x	as long as short
KuCoin DYMUSDTM	+0.0558%	4h	0.01854	0.000%	$435K	$144K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.3481%	1h	0.01859	+0.259%	$15K	$5K	10x	as long as short