Settings8H · net · $10k
Funding arb · Price arb /

DYM

all DYM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0500%/8h= +54.7% APRnext payment +$2.50 per $10,000 · paid last 24h +0.197%
Price spread now: KuCoin against Binance−0.108%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,624as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,699as in the Price arb table
costs, in and out, $10k−$1,68316.826% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.586%+$59 on $10k
Price spread, last 4 days (all we have)−0.126%−$13 · spread now −0.108%, 7d avg +0.055%
Together, before fees+0.461%+$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.163% cheaper against Binance than usual: you would sell low and buy high (spread −0.108% now, against its 7-day average of +0.055%). If the spread goes back, that is −$16 on $10k: about 26 hours of funding at the current rate (+$15 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance DYMUSDT0.018490.0100pay 0.0050% / 4h1h 29m$2.4M$4.5M10x
ShortKuCoin DYMUSDTM0.018470.0600get 0.0300% / 4h1h 29m$431K$143K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$105
Price spread: −0.108% → +0.055%
−$16.27
Slippage, 4 orders
−$1,660.63
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,593.9
Costs to cover
16.826%
Break-even
113.3 days
Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 68 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago5.44 bp38.1 bp −$38406.7 bp −$4,067doesn't fitdoesn't fit
Sell KuCoin live order book, 68 min ago24.53 bp800.1 bp −$800doesn't fitdoesn't fitdoesn't fit

DYM on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX DYM-USD0.0000%1h0.01844−0.263%$253$55xas long as short
Injective DYM/USDC PERP+0.0033%1h0.01718−7.085%$237$12K5.5xas long as short
Hyperliquid DYM+0.0100%1h0.01848−0.054%$371K$244K3xas long as short
Aster DYMUSDT+0.0100%4h0.01851+0.126%$76K$5K5xas long as short
Binance DYMUSDTlong+0.0100%4h0.01849long leg$2.4M$4.5M10x
Bybit DYMUSDT+0.0100%4h0.01847−0.103%$787K$446K25xas long as short
Gate DYM_USDT+0.0100%4h0.01850+0.054%$146K$94K25xas long as short
MEXC DYM_USDT+0.0100%4h0.01850+0.054%$1.2M$581K20xas long as short
Bitget DYMUSDT+0.0100%4h0.01853+0.216%$409K$157K25xas long as short
BingX DYM-USDT+0.0100%4h0.01850+0.054%$24.7Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni DYM+0.0100%4h0.01844−0.291%$9K$5Kas long as short
Extended DYM-USD+0.0104%1h0.01850+0.080%$2K$288K5xas long as short
KuCoin DYMUSDTMshort+0.0600%4h0.01847−0.108%$431K$143K25x
Kraken Futures PF_DYMUSD+0.3482%1h0.01858+0.511%$15K$5K10xas long as short