DYM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1398%/8h= −153.1% APRnext payment −$6.99 per $10,000 · paid last 24h −0.160%

Price spread now: Binance against KuCoin−0.281%7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,785as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,751as in the Price arb table

costs, in and out, $10k−$1,72917.285% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.561%−$56 on $10k

Price spread, last 4 days (all we have)+0.372%+$37 · spread now −0.281%, 7d avg −0.055%

Together, before fees−0.189%−$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$42 a day on $10k at the current rate, and Binance is 0.225% cheaper against KuCoin than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.055%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.561% in total (about -29.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.99 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DYMUSDTM	0.01838	0.1498	pay 0.0749% / 4h	53m 26s	$433K	$144K	25x
Short	Binance DYMUSDT	0.01833	0.0100	get 0.0050% / 4h	53m 26s	$2.4M	$4.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now −0.281%Rate

Funding earned: −$293.58
Price spread: −0.281% → −0.055%: −$22.52
Slippage, 4 orders: −$1,706.54
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$2,044.64
Costs to cover: 17.285%
Break-even: never at this rate

Slippage from KuCoin: live order book, 9 min ago; Binance: live order book, 14 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 KuCoin live order book, 9 min ago	24.54 bp	818.3 bp −$818	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	2.74 bp	26.8 bp −$27	133.0 bp −$1,330	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	0.01832	−0.341%	$251	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.529%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01833	−0.272%	$366K	$255K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01831	−0.370%	$75K	$6K	5x	as long as short
Binance DYMUSDTshort	+0.0100%	4h	0.01833	−0.281%	$2.4M	$4.8M	10x
Bybit DYMUSDT	+0.0100%	4h	0.01829	−0.511%	$779K	$425K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01833	−0.272%	$1.1M	$664K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01831	−0.381%	$398K	$181K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01833	−0.272%	—	$12.6M	—	as long as short
Variational Omni DYM	+0.0100%	4h	0.01829	−0.476%	$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-USD	+0.0104%	1h	0.01831	−0.367%	$4K	$263K	5x	as long as short
Gate DYM_USDT	+0.0512%	4h	0.01834	−0.218%	$146K	$169K	25x	as long as short
KuCoin DYMUSDTMlong	+0.1498%	4h	0.01838	long leg	$433K	$144K	25x
Kraken Futures PF_DYMUSD	+0.1939%	1h	0.01840	+0.135%	$15K	$5K	10x	as long as short