Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.016%

Price spread now: Injective against Aster−5.513%47s7-day average — · you buy dearer than you sell

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

Long on Aster Short on Injective

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 5.513% cheaper against Aster than usual: you would sell low and buy high (−$551 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster DYMUSDT	0.01918	0.0100	pay 0.0050% / 4h	2h 06m	$79K	$4K	5x
Short	Injective DYM/USDC PERP	0.01812	0.0033	get 0.0004% / 1h	6m 35s	$250	$15K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Aster. 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 AsterbpFee InjectivebpOrdersPrice spread, now −5.513%Rate

Funding earned: −$14
Price spread: −5.513% → 0.000%: −$551.28
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$573.3
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Injective: 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 Aster no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Aster and Injective: 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 exchanges

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	0.01920	+0.116%	$263	$5	5x	as long as short
Injective DYM/USDC PERPshort	+0.0033%	1h	0.01812	−5.513%	$250	$15K	5.5x
Hyperliquid DYM	+0.0100%	1h	0.01917	−0.038%	$388K	$211K	3x	as long as short
Aster DYMUSDTlong	+0.0100%	4h	0.01918	long leg	$79K	$4K	5x
Binance DYMUSDT	+0.0100%	4h	0.01918	−0.010%	$2.4M	$3.6M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01915	−0.163%	$798K	$350K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01910	−0.403%	$159K	$138K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01916	−0.090%	$1.4M	$358K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01918	+0.015%	$469K	$285K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01917	−0.038%	—	$1.3M	—	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni DYM	+0.0100%	4h	0.01920	+0.116%	$10K	$19	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01916	−0.069%	$3K	$251K	5x	as long as short
KuCoin DYMUSDTM	+0.0976%	4h	0.01919	+0.067%	$449K	$59K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.2114%	1h	0.01924	+0.312%	$15K	$8K	10x	as long as short