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

DYM

all DYM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Injective against dYdX−5.630%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Injective is 5.630% cheaper against dYdX than usual: you would sell low and buy high (spread −5.630% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$563 on $10k: about 19 months of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX DYM-USD0.018200get 0.0000% / 1h44m 54s$249$55x
ShortInjective DYM/USDC PERP0.017180.0033get 0.0004% / 1h44m 54s$237$12K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against dYdX. 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
$7
Price spread: −5.630% → 0.000%
−$563.03
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$566.05
Costs to cover
0.100%
Break-even
573.1 days
Slippage unknown: dYdX: no order-book sample; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Injective no order-book sample
dYdX and Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX DYM-USDlong0.0000%1h0.01820long leg$249$55x
Injective DYM/USDC PERPshort+0.0033%1h0.01718−5.630%$237$12K5.5x
Hyperliquid DYM+0.0100%1h0.01825+0.247%$365K$259K3xas long as short
Aster DYMUSDT+0.0100%4h0.01826+0.327%$75K$6K5xas long as short
Binance DYMUSDT+0.0100%4h0.01825+0.247%$2.4M$4.9M10xas long as short
Bybit DYMUSDT+0.0100%4h0.01824+0.192%$779K$403K25xas long as short
Gate DYM_USDT+0.0100%4h0.01822+0.082%$137K$166K25xas long as short
MEXC DYM_USDT+0.0100%4h0.01824+0.192%$1.2M$698K20xas long as short
Bitget DYMUSDT+0.0100%4h0.01824+0.192%$397K$193K25xas long as short
BingX DYM-USDT+0.0100%4h0.01824+0.192%$12.6Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni DYM+0.0100%4h0.01822+0.083%$9K$5Kas long as short
Extended DYM-USD+0.0104%1h0.01825+0.237%$4K$263K5xas long as short
KuCoin DYMUSDTM+0.1476%4h0.01830+0.522%$431K$146K25xas long as short
Kraken Futures PF_DYMUSD+0.2180%1h0.01825+0.244%$14K$5K10xas long as short