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: Variational Omni against Extended−0.324%7-day average — · you buy dearer than you sell

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

Long on Extended Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropExtended: Active · Variational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.324% cheaper against Extended than usual: you would sell low and buy high, −$32 on $10k if it 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	Extended DYM-USD	0.01852	0.0104	pay 0.0013% / 1h	17m 48s	$3K	$293K	5x
Short	Variational Omni DYM	0.01846	0.0100	get 0.0050% / 4h	1h 17m	$9K	$5K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now −0.324%Rate

Funding earned: −$0.84
Price spread: −0.324% → 0.000%: −$32.43
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$38.27
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 44 min ago; Variational Omni: 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 Extended live order book, 44 min ago	6.50 bp	83.6 bp −$84	633.7 bp −$6,337	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−7.244%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01851	−0.063%	$370K	$240K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01854	+0.073%	$76K	$5K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01853	+0.033%	$2.4M	$4.4M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01848	−0.219%	$787K	$449K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01851	−0.063%	$147K	$94K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01851	−0.063%	$1.2M	$582K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01852	−0.009%	$409K	$157K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01852	−0.009%	—	$24.7M	—	as long as short
Variational Omni DYMshort	+0.0100%	4h	0.01846	−0.324%	$9K	$5K	—

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended DYM-USDlong	+0.0104%	1h	0.01852	long leg	$3K	$293K	5x
dYdX DYM-USD	+0.0126%	1h	0.01853	+0.052%	$254	$5	5x	as long as short
KuCoin DYMUSDTM	+0.0550%	4h	0.01853	+0.045%	$436K	$144K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.3482%	1h	0.01858	+0.325%	$15K	$5K	10x	as long as short