Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%

Price spread now: Gate against MEXC+0.163%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$702as in the Funding arb table

Net, price: spread back to 7d avg − costs−$672as in the Price arb table

costs, in and out, $10k−$6876.873% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.144%−$14 on $10k

Price spread, last 4 days (all we have)−0.266%−$27 · spread now +0.163%, 7d avg +0.005%

Together, before fees−0.409%−$41 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: Gate is 0.158% dearer against MEXC than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC DYM_USDT	0.01841	0.0100	pay 0.0050% / 4h	2h 08m	$1.2M	$610K	20x
Short	Gate DYM_USDT	0.01844	0.0100	get 0.0050% / 4h	2h 08m	$146K	$98K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.163%Rate

Funding earned: $0
Price spread: +0.163% → +0.005%: $15.75
Slippage, 4 orders: −$668.33
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$671.58
Costs to cover: 6.873%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Gate: live order book, 52 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, 3 min ago	2.71 bp	13.3 bp −$13	81.8 bp −$818	194.3 bp −$19.4K	450.8 bp −$225.4K
Sell Gate live order book, 52 min ago	13.61 bp	214.5 bp −$215	doesn't fit	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
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.681%	$237	$12K	5.5x	as long as short
dYdX DYM-USD	+0.0093%	1h	0.01840	−0.045%	$252	$5	5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01842	+0.054%	$368K	$245K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01841	−0.017%	$76K	$5K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01843	+0.082%	$2.4M	$4.6M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01840	−0.049%	$785K	$440K	25x	as long as short
Gate DYM_USDTshort	+0.0100%	4h	0.01844	+0.163%	$146K	$98K	25x
MEXC DYM_USDTlong	+0.0100%	4h	0.01841	long leg	$1.2M	$610K	20x
Bitget DYMUSDT	+0.0100%	4h	0.01843	+0.109%	$410K	$159K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01840	−0.054%	—	$24.7M	—	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	0.01842	+0.064%	$10K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01841	+0.006%	$4K	$286K	5x	as long as short
KuCoin DYMUSDTM	+0.0406%	4h	0.01843	+0.109%	$432K	$147K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.3405%	1h	0.01845	+0.216%	$15K	$5K	10x	as long as short