Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Binance against Extended−0.023%7-day average +0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$198as in the Funding arb table

Net, price: spread back to 7d avg − costs−$206as in the Price arb table

costs, in and out, $10k−$1991.993% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.023%, 7d avg +0.041%

Together, before fees+0.069%+ Points / potential airdropExtended: Active · farm board+$7 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: Binance is 0.064% cheaper against Extended than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DYM-USD	0.01823	0.0104	pay 0.0013% / 1h	55m 23s	$1K	$288K	5x
Short	Binance DYMUSDT	0.01823	0.0100	get 0.0050% / 4h	2h 55m	$2.4M	$4.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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 ExtendedbpFee BinancebpOrdersPrice spread, now −0.023%Rate

Funding earned: −$0.84
Price spread: −0.023% → +0.041%: −$6.44
Slippage, 4 orders: −$184.29
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$206.57
Costs to cover: 1.993%
Break-even: never at this rate

Slippage from Extended: live order book, 12 min ago; Binance: live order book, 12 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 Extended live order book, 12 min ago	7.83 bp	67.2 bp −$67	603.8 bp −$6,038	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	2.70 bp	32.3 bp −$32	131.4 bp −$1,314	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	0.01822	−0.052%	$250	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−5.767%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01821	−0.118%	$364K	$247K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01824	+0.024%	$75K	$5K	5x	as long as short
Binance DYMUSDTshort	+0.0100%	4h	0.01823	−0.023%	$2.4M	$4.6M	10x
Bybit DYMUSDT	+0.0100%	4h	0.01818	−0.282%	$774K	$429K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01820	−0.172%	$144K	$97K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01823	−0.008%	$1.1M	$596K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01818	−0.282%	$401K	$164K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01822	−0.063%	—	$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	0.01820	−0.160%	$10K	$5K	—	as long as short
Extended DYM-USDlong	+0.0104%	1h	0.01823	long leg	$1K	$288K	5x
KuCoin DYMUSDTM	+0.0256%	4h	0.01821	−0.118%	$430K	$143K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.3431%	1h	0.01831	+0.424%	$14K	$5K	10x	as long as short