DYM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1154%/8h= −126.4% APRnext payment −$5.77 per $10,000 · paid last 24h −0.160%

Price spread now: Bitget against KuCoin−0.055%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,804as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,754as in the Price arb table

costs, in and out, $10k−$1,75317.535% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.505%−$51 on $10k

Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.055%, 7d avg −0.046%

Together, before fees−0.389%−$39 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: −$35 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.505% in total (about -26.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.77 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	0.01830	0.1254	pay 0.0627% / 4h	28m 04s	$431K	$144K	25x
Short	Bitget DYMUSDT	0.01829	0.0100	get 0.0050% / 4h	28m 04s	$398K	$180K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.055%Rate

Funding earned: −$242.34
Price spread: −0.055% → −0.046%: −$0.82
Slippage, 4 orders: −$1,729.48
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$1,996.63
Costs to cover: 17.535%
Break-even: never at this rate

Slippage from KuCoin: live order book, 34 min ago; Bitget: live order book, 42 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, 34 min ago	24.54 bp	818.3 bp −$818	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 42 min ago	8.21 bp	32.9 bp −$33	155.8 bp −$1,558	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	0.01827	−0.182%	$250	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.120%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01828	−0.109%	$365K	$254K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01830	−0.019%	$75K	$5K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01828	−0.087%	$2.4M	$4.7M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01825	−0.262%	$777K	$424K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01828	−0.109%	$1.2M	$668K	20x	as long as short
Bitget DYMUSDTshort	+0.0100%	4h	0.01829	−0.055%	$398K	$180K	25x
BingX DYM-USDT	+0.0100%	4h	0.01827	−0.164%	—	$12.8M	—	as long as short
Variational Omni DYM	+0.0100%	4h	0.01826	−0.230%	$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	0.01828	−0.084%	$4K	$263K	5x	as long as short
Gate DYM_USDT	+0.0368%	4h	0.01830	0.000%	$146K	$169K	25x	as long as short
KuCoin DYMUSDTMlong	+0.1254%	4h	0.01830	long leg	$431K	$144K	25x
Kraken Futures PF_DYMUSD	+0.1950%	1h	0.01830	+0.001%	$14K	$5K	10x	as long as short