Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Bybit−0.147%7-day average +0.135% · you buy dearer than you sell

Net, funding: paid 7d − costs−$356as in the Funding arb table

Net, price: spread back to 7d avg − costs−$387as in the Price arb table

costs, in and out, $10k−$3593.588% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.025%+$2 on $10k

Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.147%, 7d avg +0.135%

Together, before fees+0.046%+$5 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: Bitget is 0.282% cheaper against Bybit than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of +0.135%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DYMUSDT	0.01839	0.0100	pay 0.0050% / 4h	1h 36m	$784K	$444K	25x
Short	Bitget DYMUSDT	0.01836	0.0100	get 0.0050% / 4h	1h 36m	$405K	$157K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BybitbpFee BitgetbpOrdersPrice spread, now −0.147%Rate

Funding earned: $0
Price spread: −0.147% → +0.135%: −$28.2
Slippage, 4 orders: −$335.77
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$386.97
Costs to cover: 3.588%
Break-even: never at this rate

Slippage from Bybit: live order book, 24 min ago; Bitget: live order book, 19 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 Bybit live order book, 24 min ago	2.72 bp	148.6 bp −$149	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 19 min ago	8.13 bp	27.7 bp −$28	200.5 bp −$2,005	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	0.01835	−0.194%	$251	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.564%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01836	−0.147%	$368K	$242K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01837	−0.091%	$76K	$5K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01843	+0.234%	$2.4M	$4.5M	10x	as long as short
Bybit DYMUSDTlong	+0.0100%	4h	0.01839	long leg	$784K	$444K	25x
Gate DYM_USDT	+0.0100%	4h	0.01840	+0.071%	$146K	$94K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01843	+0.234%	$1.2M	$581K	20x	as long as short
Bitget DYMUSDTshort	+0.0100%	4h	0.01836	−0.147%	$405K	$157K	25x
BingX DYM-USDT	+0.0100%	4h	0.01836	−0.147%	—	$24.7M	—	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	0.01836	−0.139%	$10K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01837	−0.080%	$2K	$288K	5x	as long as short
KuCoin DYMUSDTM	+0.0596%	4h	0.01838	−0.038%	$429K	$144K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.3506%	1h	0.01846	+0.385%	$15K	$5K	10x	as long as short