Funding arb · Price arb /

DYM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0750%/8hnext payment +$3.75 per $10,000 · paid last 24h +0.184%

Price spread now: KuCoin against Aster−0.158%7-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 KuCoin

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

Funding pays, the price is against you. KuCoin is 0.158% cheaper against Aster than usual: you would sell low and buy high (spread −0.158% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 17 hours of funding at the current rate (+$23 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster DYMUSDT	0.01825	0.0100	pay 0.0050% / 4h	5m 17s	$75K	$6K	5x
Short	KuCoin DYMUSDTM	0.01822	0.0850	get 0.0425% / 4h	5m 17s	$429K	$145K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.158%Rate

Funding earned: $157.5
Price spread: −0.158% → 0.000%: −$15.78
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $121.72
Costs to cover: 0.200%
Break-even: 1.6 days

Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 20 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 Aster no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 20 min ago	19.40 bp	802.6 bp −$803	doesn't fit	doesn't fit	doesn't fit

Aster: 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	0.01826	+0.034%	$250	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−5.857%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01826	+0.061%	$367K	$255K	3x	as long as short
Aster DYMUSDTlong	+0.0100%	4h	0.01825	long leg	$75K	$6K	5x
Binance DYMUSDT	+0.0100%	4h	0.01827	+0.125%	$2.3M	$4.9M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01824	−0.048%	$779K	$387K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01830	+0.281%	$137K	$171K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01826	+0.061%	$1.2M	$732K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01826	+0.061%	$399K	$196K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01827	+0.116%	—	$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	0.01821	−0.213%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01827	+0.116%	$4K	$263K	5x	as long as short
KuCoin DYMUSDTMshort	+0.0850%	4h	0.01822	−0.158%	$429K	$145K	25x
Kraken Futures PF_DYMUSD	+0.2526%	1h	0.01834	+0.519%	$14K	$5K	10x	as long as short