Funding arb · Price arb /

DYM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Variational Omni+0.149%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Bybit

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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.149% dearer against Variational Omni than usual: you sell high and buy low, +$15 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni DYM	0.01828	0.0100	pay 0.0050% / 4h	2h 01m	$9K	$5K	—
Short	Bybit DYMUSDT	0.01830	0.0100	get 0.0050% / 4h	2h 01m	$775K	$493K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. 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 Variational OmnibpFee BybitbpOrdersPrice spread, now +0.149%Rate

Funding earned: $0
Price spread: +0.149% → 0.000%: $14.88
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $3.88
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 44 min ago. 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 Variational Omni no order-book sample	—	—	—	—	—
Sell Bybit live order book, 44 min ago	8.27 bp	145.6 bp −$146	doesn't fit	doesn't fit	doesn't fit

Variational Omni: 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
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.001%	$237	$12K	5.5x	as long as short
dYdX DYM-USD	+0.0051%	1h	0.01831	+0.164%	$251	—	5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01831	+0.182%	$369K	$233K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01829	+0.088%	$75K	$7K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01833	+0.282%	$2.4M	$4.4M	10x	as long as short
Bybit DYMUSDTshort	+0.0100%	4h	0.01830	+0.149%	$775K	$493K	25x
Gate DYM_USDT	+0.0100%	4h	0.01832	+0.236%	$152K	$93K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01833	+0.291%	$1.1M	$572K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01833	+0.291%	$395K	$159K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01833	+0.291%	—	$16.1M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni DYMlong	+0.0100%	4h	0.01828	long leg	$9K	$5K	—
Extended DYM-USD	+0.0104%	1h	0.01832	+0.253%	$3K	$152K	5x	as long as short
KuCoin DYMUSDTM	+0.0690%	4h	0.01835	+0.400%	$427K	$124K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.4083%	1h	0.01842	+0.777%	$15K	$4K	10x	as long as short