Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.5327%/8h= +583.3% APRpaid last 24h +0.652%

Price spread now: Kraken Futures against KuCoin−0.145%7-day average — · you buy dearer than you sell

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

Long on KuCoin Short on Kraken Futures

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

Funding pays, the price is against you. Kraken Futures is 0.145% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.145% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 2 hours of funding at the current rate (+$160 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DYMUSDTM	0.01866	0.0100	pay 0.0050% / 4h	3h 01m	$423K	$100K	25x
Short	Kraken Futures PF_DYMUSD	0.01863	0.5427	get 0.0678% / 1h	1m 02s	$15K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.145%Rate

Funding earned: $1,118.57
Price spread: −0.145% → 0.000%: −$14.53
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $1,082.04
Costs to cover: 0.220%
Break-even: 0.2 days

Slippage unknown: KuCoin: live order book, 22 min ago; Kraken Futures: 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 KuCoin live order book, 22 min ago	16.36 bp	860.8 bp −$861	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: 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
dYdX DYM-USD	0.0000%	1h	0.01857	−0.472%	$254	—	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−7.931%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01862	−0.214%	$374K	$223K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01862	−0.237%	$77K	$5K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01861	−0.257%	$2.4M	$4.4M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01860	−0.327%	$792K	$529K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01860	−0.322%	$1.3M	$563K	20x	as long as short
KuCoin DYMUSDTMlong	+0.0100%	4h	0.01866	long leg	$423K	$100K	25x
Bitget DYMUSDT	+0.0100%	4h	0.01861	−0.268%	$520K	$258K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01860	−0.322%	—	$18.9M	—	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	0.01848	−0.981%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01861	−0.284%	$1K	$367K	5x	as long as short
Gate DYM_USDT	+0.0436%	4h	0.01863	−0.161%	$198K	$133K	25x	as long as short
Kraken Futures PF_DYMUSDshort	+0.5427%	1h	0.01863	−0.145%	$15K	$4K	10x