Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.2092%/8h= +229.0% APRpaid last 24h +0.508%

Price spread now: Kraken Futures against Aster−0.008%54s7-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 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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$63 a day on $10k at the current rate. The two prices were read 54 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	0.01815	0.0100	pay 0.0050% / 4h	2h 04m	$75K	$6K	5x
Short	Kraken Futures PF_DYMUSD	0.01815	0.2192	get 0.0274% / 1h	4m 24s	$14K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.008%Rate

Funding earned: $439.24
Price spread: −0.008% → 0.000%: −$0.76
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $420.48
Costs to cover: 0.180%
Break-even: 0.3 days

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

Aster and 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	0.01809	−0.326%	$248	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−5.361%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01810	−0.293%	$362K	$256K	3x	as long as short
Aster DYMUSDTlong	+0.0100%	4h	0.01815	long leg	$75K	$6K	5x
Binance DYMUSDT	+0.0100%	4h	0.01813	−0.128%	$2.3M	$4.8M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01809	−0.320%	$786K	$419K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01810	−0.293%	$140K	$171K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01813	−0.128%	$1.1M	$701K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01813	−0.128%	$395K	$189K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01811	−0.238%	—	$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	0.01806	−0.518%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01813	−0.139%	$4K	$263K	5x	as long as short
KuCoin DYMUSDTM	+0.1328%	4h	0.01812	−0.183%	$426K	$144K	25x	as long as short
Kraken Futures PF_DYMUSDshort	+0.2192%	1h	0.01815	−0.008%	$14K	$5K	10x