Funding arb · Price arb /

DYM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Bitget against Extended−0.004%7-day average +0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$201as in the Funding arb table

Net, price: spread back to 7d avg − costs−$213as in the Price arb table

costs, in and out, $10k−$2072.070% of the position

Long on Extended Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.059%+$6 on $10k

Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.004%, 7d avg +0.052%

Together, before fees+0.039%+ Points / potential airdropExtended: Active · farm board+$4 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 0.055% cheaper against Extended than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DYM-USD	0.01817	0.0104	pay 0.0013% / 1h	31m 10s	$4K	$263K	5x
Short	Bitget DYMUSDT	0.01817	0.0100	get 0.0050% / 4h	1h 31m	$395K	$189K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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 ExtendedbpFee BitgetbpOrdersPrice spread, now −0.004%Rate

Funding earned: −$0.84
Price spread: −0.004% → +0.052%: −$5.54
Slippage, 4 orders: −$189.99
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$213.37
Costs to cover: 2.070%
Break-even: never at this rate

Slippage from Extended: live order book, 51 min ago; Bitget: live order book, 44 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 Extended live order book, 51 min ago	8.50 bp	68.9 bp −$69	599.5 bp −$5,995	doesn't fit	doesn't fit
Sell Bitget live order book, 44 min ago	5.50 bp	25.7 bp −$26	156.3 bp −$1,563	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	0.01816	−0.044%	$249	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−5.452%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01818	+0.051%	$364K	$256K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01817	−0.004%	$75K	$6K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01817	−0.004%	$2.4M	$4.8M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01817	−0.009%	$789K	$417K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01823	+0.327%	$143K	$170K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01817	−0.004%	$1.1M	$680K	20x	as long as short
Bitget DYMUSDTshort	+0.0100%	4h	0.01817	−0.004%	$395K	$189K	25x
BingX DYM-USDT	+0.0100%	4h	0.01816	−0.059%	—	$12.6M	—	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	0.01823	+0.315%	$9K	$5K	—	as long as short
Extended DYM-USDlong	+0.0104%	1h	0.01817	long leg	$4K	$263K	5x
KuCoin DYMUSDTM	+0.1218%	4h	0.01818	+0.051%	$428K	$145K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.1627%	1h	0.01825	+0.433%	$14K	$5K	10x	as long as short