DYM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Extended against Hyperliquid+0.035%7-day average +0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$247as in the Funding arb table

Net, price: spread back to 7d avg − costs−$250as in the Price arb table

costs, in and out, $10k−$2472.472% of the position

Long on Hyperliquid Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.035%+$4 · spread now +0.035%, 7d avg +0.059%

Together, before fees+0.034%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board+$3 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: Extended is 0.024% cheaper against Hyperliquid than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid DYM	0.01826	0.0100	pay 0.0013% / 1h	36m 45s	$365K	$254K	3x
Short	Extended DYM-USD	0.01827	0.0104	get 0.0013% / 1h	36m 45s	$4K	$263K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Hyperliquid. 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 HyperliquidbpFee ExtendedbpOrdersPrice spread, now +0.035%Rate

Funding earned: $0.84
Price spread: +0.035% → +0.059%: −$2.41
Slippage, 4 orders: −$233.19
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$248.76
Costs to cover: 2.472%
Break-even: 2080.0 days

Slippage from Hyperliquid: live order book, 23 min ago; Extended: live order book, 41 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 Hyperliquid live order book, 23 min ago	2.73 bp	31.1 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 41 min ago	7.69 bp	106.7 bp −$107	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
dYdX DYM-USD	0.0000%	1h	0.01825	−0.072%	$250	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−5.915%	$237	$12K	5.5x	as long as short
Hyperliquid DYMlong	+0.0100%	1h	0.01826	long leg	$365K	$254K	3x
Aster DYMUSDT	+0.0100%	4h	0.01828	+0.110%	$75K	$6K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01828	+0.084%	$2.4M	$4.7M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01824	−0.110%	$776K	$425K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01827	+0.055%	$1.1M	$668K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01826	0.000%	$397K	$180K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01825	−0.055%	—	$12.6M	—	as long as short
Variational Omni DYM	+0.0100%	4h	0.01828	+0.124%	$9K	$5K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended DYM-USDshort	+0.0104%	1h	0.01827	+0.035%	$4K	$263K	5x
Gate DYM_USDT	+0.0448%	4h	0.01831	+0.274%	$146K	$169K	25x	as long as short
KuCoin DYMUSDTM	+0.1356%	4h	0.01828	+0.110%	$431K	$144K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.1949%	1h	0.01831	+0.265%	$14K	$5K	10x	as long as short