Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.3996%/8h= +437.5% APRpaid last 24h +0.666%

Price spread now: Kraken Futures against Binance+0.623%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 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—needs both histories

Both sides work for this trade now. Funding pays +$120 a day on $10k at the current rate, and Kraken Futures is 0.623% dearer against Binance than usual: you sell high and buy low: +$62 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DYMUSDT	0.01840	0.0100	pay 0.0050% / 4h	3h 21m	$2.4M	$4.4M	10x
Short	Kraken Futures PF_DYMUSD	0.01851	0.4096	get 0.0512% / 1h	21m 25s	$15K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.623%Rate

Funding earned: $839.09
Price spread: +0.623% → 0.000%: $62.32
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $881.41
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Binance: live order book, 16 min ago; 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 Binance live order book, 16 min ago	2.72 bp	35.9 bp −$36	310.5 bp −$3,105	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

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	+0.0014%	1h	0.01836	−0.235%	$252	—	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.630%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01839	−0.054%	$369K	$227K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01840	−0.027%	$76K	$5K	5x	as long as short
Binance DYMUSDTlong	+0.0100%	4h	0.01840	long leg	$2.4M	$4.4M	10x
Bybit DYMUSDT	+0.0100%	4h	0.01836	−0.212%	$776K	$473K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01839	−0.054%	$148K	$89K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01839	−0.054%	$1.2M	$569K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01839	−0.054%	$402K	$153K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01837	−0.163%	—	$15.2M	—	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	−0.290%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01838	−0.083%	$2K	$175K	5x	as long as short
KuCoin DYMUSDTM	+0.0192%	4h	0.01840	0.000%	$430K	$136K	25x	as long as short
Kraken Futures PF_DYMUSDshort	+0.4096%	1h	0.01851	+0.623%	$15K	$4K	10x