Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against MEXC+0.097%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$950.949% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.097%, 7d avg +0.030%

Together, before fees−0.027%−$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: Binance is 0.066% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC DYM_USDT	0.01821	0.0100	pay 0.0050% / 4h	1h 12m	$1.1M	$682K	20x
Short	Binance DYMUSDT	0.01823	0.0100	get 0.0050% / 4h	1h 12m	$2.4M	$4.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now +0.097%Rate

Funding earned: $0
Price spread: +0.097% → +0.030%: $6.65
Slippage, 4 orders: −$80.87
Fee MEXC: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$88.22
Costs to cover: 0.949%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Binance: live order book, 10 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 MEXC live order book, 2 min ago	5.48 bp	15.3 bp −$15	82.0 bp −$820	212.7 bp −$21.3K	477.2 bp −$238.6K
Sell Binance live order book, 10 min ago	2.74 bp	32.6 bp −$33	139.3 bp −$1,393	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	0.01818	−0.178%	$249	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−5.656%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01823	+0.110%	$364K	$256K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01824	+0.168%	$75K	$6K	5x	as long as short
Binance DYMUSDTshort	+0.0100%	4h	0.01823	+0.097%	$2.4M	$4.8M	10x
Bybit DYMUSDT	+0.0100%	4h	0.01822	+0.049%	$791K	$418K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01824	+0.165%	$145K	$172K	25x	as long as short
MEXC DYM_USDTlong	+0.0100%	4h	0.01821	long leg	$1.1M	$682K	20x
Bitget DYMUSDT	+0.0100%	4h	0.01822	+0.055%	$397K	$188K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01823	+0.110%	—	$12.6M	—	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	0.01819	−0.095%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01822	+0.066%	$4K	$263K	5x	as long as short
KuCoin DYMUSDTM	+0.1286%	4h	0.01823	+0.110%	$429K	$144K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.1627%	1h	0.01826	+0.264%	$14K	$5K	10x	as long as short