Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.2083%/8h= +228.1% APRpaid last 24h +0.508%

Price spread now: Kraken Futures against Bitget+0.030%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$62 a day on $10k at the current rate, and Kraken Futures is 0.030% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget DYMUSDT	0.01822	0.0100	pay 0.0050% / 4h	2h 48m	$397K	$193K	25x
Short	Kraken Futures PF_DYMUSD	0.01823	0.2183	get 0.0273% / 1h	48m 38s	$14K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.030%Rate

Funding earned: $437.38
Price spread: +0.030% → 0.000%: $3.03
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $418.41
Costs to cover: 0.220%
Break-even: 0.3 days

Slippage unknown: Bitget: live order book, 35 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 35 min ago	2.73 bp	34.8 bp −$35	375.4 bp −$3,754	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.01818	−0.220%	$249	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−5.708%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01822	0.000%	$364K	$259K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01823	+0.080%	$75K	$6K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01823	+0.068%	$2.4M	$4.9M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01822	−0.022%	$778K	$400K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01820	−0.110%	$137K	$165K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01822	0.000%	$1.2M	$697K	20x	as long as short
Bitget DYMUSDTlong	+0.0100%	4h	0.01822	long leg	$397K	$193K	25x
BingX DYM-USDT	+0.0100%	4h	0.01821	−0.055%	—	$12.6M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni DYM	+0.0100%	4h	0.01816	−0.329%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01822	+0.014%	$4K	$263K	5x	as long as short
KuCoin DYMUSDTM	+0.1414%	4h	0.01827	+0.274%	$430K	$146K	25x	as long as short
Kraken Futures PF_DYMUSDshort	+0.2183%	1h	0.01823	+0.030%	$14K	$5K	10x