Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%

Price spread now: MEXC against Gate+0.055%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$444as in the Funding arb table

Net, price: spread back to 7d avg − costs−$455as in the Price arb table

costs, in and out, $10k−$4604.603% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.159%+$16 on $10k

Price spread, last 4 days (all we have)+0.049%+$5 · spread now +0.055%, 7d avg −0.002%

Together, before fees+0.208%+$21 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: MEXC is 0.057% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DYM_USDT	0.01820	0.0100	pay 0.0050% / 4h	1h 50m	$142K	$170K	25x
Short	MEXC DYM_USDT	0.01821	0.0100	get 0.0050% / 4h	1h 50m	$1.1M	$677K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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 GatebpFee MEXCbpOrdersPrice spread, now +0.055%Rate

Funding earned: $0
Price spread: +0.055% → −0.002%: $5.72
Slippage, 4 orders: −$441.29
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$454.58
Costs to cover: 4.603%
Break-even: never at this rate

Slippage from Gate: live order book, 25 min ago; MEXC: live order book, 5 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 Gate live order book, 25 min ago	13.71 bp	215.5 bp −$215	52727.0 bp −$527.3K	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	2.75 bp	12.5 bp −$13	70.8 bp −$708	206.1 bp −$20.6K	499.8 bp −$249.9K

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	0.01817	−0.175%	$249	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−5.604%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01818	−0.110%	$363K	$256K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01817	−0.165%	$75K	$6K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01822	+0.110%	$2.4M	$4.8M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01820	−0.016%	$791K	$418K	25x	as long as short
Gate DYM_USDTlong	+0.0100%	4h	0.01820	long leg	$142K	$170K	25x
MEXC DYM_USDTshort	+0.0100%	4h	0.01821	+0.055%	$1.1M	$677K	20x
Bitget DYMUSDT	+0.0100%	4h	0.01823	+0.165%	$397K	$189K	25x	as long as short
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	0.01815	−0.256%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01817	−0.181%	$4K	$263K	5x	as long as short
KuCoin DYMUSDTM	+0.1280%	4h	0.01820	0.000%	$428K	$144K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.1634%	1h	0.01818	−0.110%	$14K	$5K	10x	as long as short