DYM

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.4073%/8h= −446.0% APRnext payment −$5.09 per $10,000 · paid last 24h −0.728%

Price spread now: dYdX against Kraken Futures−0.256%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on dYdX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$122 a day on $10k at the current rate, and dYdX is 0.256% cheaper against Kraken Futures than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_DYMUSD	0.01816	0.4140	pay 0.0517% / 1h	15m 34s	$14K	$4K	10x
Short	dYdX DYM-USD	0.01812	0.0067	get 0.0008% / 1h	15m 34s	$248	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Kraken Futures. 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 Kraken FuturesbpFee dYdXbpOrdersPrice spread, now −0.256%Rate

Funding earned: −$855.41
Price spread: −0.256% → 0.000%: −$25.59
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$901
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Kraken Futures: no order-book sample; dYdX: 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell dYdX no order-book sample	—	—	—	—	—

Kraken Futures and dYdX: 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	−5.414%	$237	$12K	5.5x	as long as short
dYdX DYM-USDshort	+0.0067%	1h	0.01812	−0.256%	$248	—	5x
Hyperliquid DYM	+0.0100%	1h	0.01812	−0.239%	$364K	$232K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01812	−0.242%	$75K	$7K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01813	−0.157%	$2.4M	$4.4M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01812	−0.239%	$766K	$486K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01812	−0.239%	$150K	$92K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01813	−0.184%	$1.1M	$571K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01812	−0.239%	$390K	$157K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01813	−0.184%	—	$16.1M	—	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	0.01810	−0.338%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01813	−0.211%	$1K	$149K	5x	as long as short
KuCoin DYMUSDTM	+0.0552%	4h	0.01812	−0.239%	$420K	$125K	25x	as long as short
Kraken Futures PF_DYMUSDlong	+0.4140%	1h	0.01816	long leg	$14K	$4K	10x