Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Bybit against Binance+0.043%7-day average −0.120% · you sell dearer than you buy

Net, funding: paid 7d − costs−$330as in the Funding arb table

Net, price: spread back to 7d avg − costs−$317as in the Price arb table

costs, in and out, $10k−$3333.330% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.031%+$3 on $10k

Price spread, last 4 days (all we have)−0.145%−$14 · spread now +0.043%, 7d avg −0.120%

Together, before fees−0.114%−$11 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: Bybit is 0.163% dearer against Binance than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.120%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DYMUSDT	0.01822	0.0100	pay 0.0050% / 4h	2h 20m	$2.4M	$4.9M	10x
Short	Bybit DYMUSDT	0.01823	0.0100	get 0.0050% / 4h	2h 20m	$793K	$419K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.043%Rate

Funding earned: $0
Price spread: +0.043% → −0.120%: $16.3
Slippage, 4 orders: −$311.98
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$316.69
Costs to cover: 3.330%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; Bybit: live order book, 64 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	2.74 bp	36.3 bp −$36	324.7 bp −$3,247	doesn't fit	doesn't fit
Sell Bybit live order book, 64 min ago	5.48 bp	136.7 bp −$137	doesn't fit	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	0.01822	+0.006%	$250	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−5.699%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01821	−0.045%	$364K	$258K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01826	+0.215%	$75K	$6K	5x	as long as short
Binance DYMUSDTlong	+0.0100%	4h	0.01822	long leg	$2.4M	$4.9M	10x
Bybit DYMUSDTshort	+0.0100%	4h	0.01823	+0.043%	$793K	$419K	25x
Gate DYM_USDT	+0.0100%	4h	0.01827	+0.284%	$141K	$170K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01822	+0.010%	$1.2M	$700K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01823	+0.065%	$397K	$192K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01823	+0.065%	—	$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	0.01822	+0.006%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01822	+0.017%	$4K	$263K	5x	as long as short
KuCoin DYMUSDTM	+0.1326%	4h	0.01822	+0.010%	$428K	$146K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.2157%	1h	0.01844	+1.232%	$15K	$5K	10x	as long as short