DYM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1118%/8h= +122.4% APRnext payment +$5.59 per $10,000 · paid last 24h +0.153%

Price spread now: KuCoin against Gate−0.164%7-day average +0.083% · you buy dearer than you sell

Net, funding: paid 7d − costs−$2,085as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,182as in the Price arb table

costs, in and out, $10k−$2,15721.569% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.718%+$72 on $10k

Price spread, last 4 days (all we have)+0.247%+$25 · spread now −0.164%, 7d avg +0.083%

Together, before fees+0.966%+$97 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.247% cheaper against Gate than usual: you would sell low and buy high (spread −0.164% now, against its 7-day average of +0.083%). If the spread goes back, that is −$25 on $10k: about 18 hours of funding at the current rate (+$34 a day). At the pace of the last 7 days (+0.718% in total) that is about 2.4 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.718% in total (about 37.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DYM_USDT	0.01828	0.0218	pay 0.0109% / 4h	1h 08m	$146K	$173K	25x
Short	KuCoin DYMUSDTM	0.01825	0.1336	get 0.0668% / 4h	1h 08m	$430K	$145K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now −0.164%Rate

Funding earned: $234.78
Price spread: −0.164% → +0.083%: −$24.73
Slippage, 4 orders: −$2,129.93
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,946.87
Costs to cover: 21.569%
Break-even: 65.0 days

Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 64 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 Gate live order book, 3 min ago	10.92 bp	150.7 bp −$151	43936.7 bp −$439.4K	doesn't fit	doesn't fit
Sell KuCoin live order book, 64 min ago	24.68 bp	931.9 bp −$932	doesn't fit	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	0.01823	−0.260%	$250	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.018%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01825	−0.164%	$364K	$256K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01828	−0.010%	$75K	$6K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01826	−0.111%	$2.4M	$4.8M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01824	−0.241%	$791K	$418K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01825	−0.164%	$1.1M	$682K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01826	−0.109%	$397K	$189K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01825	−0.164%	—	$12.6M	—	as long as short
Variational Omni DYM	+0.0100%	4h	0.01825	−0.178%	$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	0.01826	−0.130%	$4K	$263K	5x	as long as short
Gate DYM_USDTlong	+0.0218%	4h	0.01828	long leg	$146K	$173K	25x
KuCoin DYMUSDTMshort	+0.1336%	4h	0.01825	−0.164%	$430K	$145K	25x
Kraken Futures PF_DYMUSD	+0.1624%	1h	0.01829	+0.044%	$14K	$5K	10x	as long as short