Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.027%

Price spread now: dYdX against BingX+0.144%7-day average — · you sell dearer than you buy

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

Long on BingX 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 0.144% dearer against BingX than usual: you sell high and buy low (spread +0.144% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX DYM-USDT	0.01832	0.0100	pay 0.0050% / 4h	20m 48s	—	$16.1M	—
Short	dYdX DYM-USD	0.01835	0	get 0.0000% / 1h	20m 48s	$251	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against BingX. 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 BingXbpFee dYdXbpOrdersPrice spread, now +0.144%Rate

Funding earned: −$21
Price spread: +0.144% → 0.000%: $14.37
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$26.63
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 8 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 BingX live order book, 8 min ago	10.89 bp	45.1 bp −$45	138.5 bp −$1,385	718.4 bp −$71.8K	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 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-USDshort	0.0000%	1h	0.01835	+0.144%	$251	—	5x
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.223%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01835	+0.164%	$368K	$250K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01836	+0.239%	$76K	$6K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01835	+0.143%	$2.4M	$4.7M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01832	+0.011%	$772K	$533K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01835	+0.164%	$1.2M	$570K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01836	+0.218%	$458K	$220K	25x	as long as short
BingX DYM-USDTlong	+0.0100%	4h	0.01832	long leg	—	$16.1M	—
Variational Omni DYM	+0.0100%	4h	0.01829	−0.154%	$9K	$5K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended DYM-USD	+0.0104%	1h	0.01835	+0.145%	$3K	$365K	5x	as long as short
Gate DYM_USDT	+0.0142%	4h	0.01832	0.000%	$171K	$114K	25x	as long as short
KuCoin DYMUSDTM	+0.0366%	4h	0.01833	+0.055%	$419K	$115K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.4214%	1h	0.01843	+0.595%	$15K	$4K	10x	as long as short