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 0.000%

Price spread now: Bitget against Binance−0.113%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$139as in the Funding arb table

Net, price: spread back to 7d avg − costs−$155as in the Price arb table

costs, in and out, $10k−$1431.430% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.043%+$4 on $10k

Price spread, last 4 days (all we have)−0.121%−$12 · spread now −0.113%, 7d avg +0.010%

Together, before fees−0.077%−$8 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: Bitget is 0.123% cheaper against Binance than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DYMUSDT	0.01843	0.0100	pay 0.0050% / 4h	1h 34m	$2.4M	$4.5M	10x
Short	Bitget DYMUSDT	0.01841	0.0100	get 0.0050% / 4h	1h 34m	$406K	$157K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now −0.113%Rate

Funding earned: $0
Price spread: −0.113% → +0.010%: −$12.32
Slippage, 4 orders: −$121
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$155.32
Costs to cover: 1.430%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; Bitget: live order book, 21 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 Binance live order book, 2 min ago	5.44 bp	38.1 bp −$38	406.7 bp −$4,067	doesn't fit	doesn't fit
Sell Bitget live order book, 21 min ago	8.13 bp	27.7 bp −$28	200.5 bp −$2,005	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
dYdX DYM-USD	0.0000%	1h	0.01841	−0.133%	$252	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.787%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01839	−0.222%	$368K	$243K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01842	−0.061%	$76K	$5K	5x	as long as short
Binance DYMUSDTlong	+0.0100%	4h	0.01843	long leg	$2.4M	$4.5M	10x
Bybit DYMUSDT	+0.0100%	4h	0.01839	−0.232%	$784K	$444K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01840	−0.167%	$146K	$94K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01842	−0.059%	$1.2M	$581K	20x	as long as short
Bitget DYMUSDTshort	+0.0100%	4h	0.01841	−0.113%	$406K	$157K	25x
BingX DYM-USDT	+0.0100%	4h	0.01841	−0.113%	—	$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	0.01835	−0.431%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01841	−0.086%	$2K	$288K	5x	as long as short
KuCoin DYMUSDTM	+0.0588%	4h	0.01843	−0.005%	$430K	$144K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.3498%	1h	0.01850	+0.374%	$15K	$5K	10x	as long as short