Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.027%

Price spread now: dYdX against Binance+0.132%7-day average — · you sell dearer than you buy

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

Long on Binance Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. dYdX is 0.132% dearer against Binance than usual: you sell high and buy low (spread +0.132% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DYMUSDT	0.01816	0.0100	pay 0.0050% / 4h	1h 52m	$2.4M	$4.0M	10x
Short	dYdX DYM-USD	0.01819	0	get 0.0000% / 1h	52m 36s	$249	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.132%Rate

Funding earned: −$21
Price spread: +0.132% → 0.000%: $13.21
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$27.79
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 7 min ago; dYdX: 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 Binance live order book, 7 min ago	2.75 bp	35.6 bp −$36	123.4 bp −$1,234	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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-USDshort	0.0000%	1h	0.01819	+0.132%	$249	—	5x
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−5.404%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01817	+0.047%	$363K	$196K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01817	+0.073%	$75K	$5K	5x	as long as short
Binance DYMUSDTlong	+0.0100%	4h	0.01816	long leg	$2.4M	$4.0M	10x
Bybit DYMUSDT	+0.0100%	4h	0.01811	−0.256%	$770K	$506K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01820	+0.212%	$194K	$120K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01815	−0.063%	$1.3M	$446K	20x	as long as short
KuCoin DYMUSDTM	+0.0100%	4h	0.01817	+0.047%	$411K	$85K	25x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01819	+0.157%	$519K	$262K	25x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX DYM-USDT	+0.0100%	4h	0.01818	+0.102%	—	$19.0M	—	as long as short
Variational Omni DYM	+0.0100%	4h	0.01818	+0.077%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01815	−0.041%	$1K	$364K	5x	as long as short
Kraken Futures PF_DYMUSD	+0.4055%	1h	0.01826	+0.564%	$14K	$4K	10x	as long as short