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 Bybit+0.245%7-day average +0.102% · you sell dearer than you buy

Net, funding: paid 7d − costs−$970as in the Funding arb table

Net, price: spread back to 7d avg − costs−$939as in the Price arb table

costs, in and out, $10k−$9539.534% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.161%−$16 on $10k

Price spread, last 4 days (all we have)−0.332%−$33 · spread now +0.245%, 7d avg +0.102%

Together, before fees−0.493%−$49 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 0.143% dearer against Bybit than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.102%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DYMUSDT	0.01840	0.0100	pay 0.0050% / 4h	2h 09m	$785K	$440K	25x
Short	Gate DYM_USDT	0.01844	0.0100	get 0.0050% / 4h	2h 09m	$146K	$98K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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 BybitbpFee GatebpOrdersPrice spread, now +0.245%Rate

Funding earned: $0
Price spread: +0.245% → +0.102%: $14.27
Slippage, 4 orders: −$927.45
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$939.18
Costs to cover: 9.534%
Break-even: never at this rate

Slippage from Bybit: live order book, 55 min ago; Gate: live order book, 51 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 Bybit live order book, 55 min ago	5.41 bp	143.9 bp −$144	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 51 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	−6.605%	$237	$12K	5.5x	as long as short
dYdX DYM-USD	+0.0097%	1h	0.01843	+0.170%	$252	$5	5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01843	+0.190%	$368K	$244K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01844	+0.230%	$76K	$5K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01843	+0.190%	$2.4M	$4.6M	10x	as long as short
Bybit DYMUSDTlong	+0.0100%	4h	0.01840	long leg	$785K	$440K	25x
Gate DYM_USDTshort	+0.0100%	4h	0.01844	+0.245%	$146K	$98K	25x
MEXC DYM_USDT	+0.0100%	4h	0.01842	+0.136%	$1.2M	$610K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01843	+0.190%	$410K	$159K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01842	+0.136%	—	$24.7M	—	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	0.01842	+0.146%	$10K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01843	+0.165%	$4K	$286K	5x	as long as short
KuCoin DYMUSDTM	+0.0414%	4h	0.01846	+0.353%	$433K	$148K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.3401%	1h	0.01847	+0.409%	$15K	$5K	10x	as long as short