DYM

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Extended against Hyperliquid+0.032%7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$231as in the Funding arb table

Net, price: spread back to 7d avg − costs−$234as in the Price arb table

costs, in and out, $10k−$2312.310% of the position

Long on Hyperliquid Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.034%+$3 · spread now +0.032%, 7d avg +0.057%

Together, before fees+0.036%+ Points / potential airdropHyperliquid: Season 2 · Extended: 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: Extended is 0.025% cheaper against Hyperliquid than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.057%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid DYM	0.01847	0.0100	pay 0.0013% / 1h	12m 46s	$369K	$248K	3x
Short	Extended DYM-USD	0.01848	0.0104	get 0.0013% / 1h	12m 46s	$1K	$288K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Hyperliquid. 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 HyperliquidbpFee ExtendedbpOrdersPrice spread, now +0.032%Rate

Funding earned: $0.84
Price spread: +0.032% → +0.057%: −$2.47
Slippage, 4 orders: −$217.04
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$232.67
Costs to cover: 2.310%
Break-even: 1945.9 days

Slippage from Hyperliquid: live order book, 37 min ago; Extended: live order book, 60 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 Hyperliquid live order book, 37 min ago	2.71 bp	23.5 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 60 min ago	8.73 bp	103.1 bp −$103	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	0.01846	−0.044%	$253	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.984%	$237	$12K	5.5x	as long as short
Hyperliquid DYMlong	+0.0100%	1h	0.01847	long leg	$369K	$248K	3x
Aster DYMUSDT	+0.0100%	4h	0.01846	−0.038%	$76K	$5K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01848	+0.054%	$2.4M	$4.6M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01847	−0.011%	$787K	$424K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01848	+0.054%	$1.2M	$655K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01847	0.000%	$407K	$169K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01847	0.000%	—	$24.7M	—	as long as short
Variational Omni DYM	+0.0100%	4h	0.01839	−0.449%	$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-USDshort	+0.0104%	1h	0.01848	+0.032%	$1K	$288K	5x
Gate DYM_USDT	+0.0396%	4h	0.01850	+0.162%	$147K	$110K	25x	as long as short
KuCoin DYMUSDTM	+0.0418%	4h	0.01846	−0.054%	$436K	$143K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.2418%	1h	0.01853	+0.332%	$15K	$5K	10x	as long as short