DYM

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.020%

Price spread now: Hyperliquid against Injective+5.413%73s7-day average — · you sell dearer than you buy

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

Long on Injective Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 5.413% dearer against Injective than usual: you sell high and buy low: +$541 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective DYM/USDC PERP	0.01718	0.0033	pay 0.0004% / 1h	20m 00s	$237	$12K	5.5x
Short	Hyperliquid DYM	0.01811	0.0100	get 0.0013% / 1h	20m 00s	$363K	$232K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Injective. 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 InjectivebpFee HyperliquidbpOrdersPrice spread, now +5.413%Rate

Funding earned: $14
Price spread: +5.413% → 0.000%: $541.33
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $546.31
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 50 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 50 min ago	2.73 bp	40.0 bp −$40	doesn't fit	doesn't fit	doesn't fit

Injective: 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-USD	+0.0024%	1h	0.01805	+5.045%	$247	—	5x	as long as short
Injective DYM/USDC PERPlong	+0.0033%	1h	0.01718	long leg	$237	$12K	5.5x
Hyperliquid DYMshort	+0.0100%	1h	0.01811	+5.413%	$363K	$232K	3x
Aster DYMUSDT	+0.0100%	4h	0.01807	+5.200%	$75K	$7K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01813	+5.551%	$2.4M	$4.4M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01810	+5.367%	$765K	$486K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01810	+5.355%	$150K	$92K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01812	+5.471%	$1.1M	$571K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01809	+5.297%	$389K	$157K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01809	+5.297%	—	$16.2M	—	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	0.01805	+5.046%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01813	+5.543%	$1K	$151K	5x	as long as short
KuCoin DYMUSDTM	+0.0520%	4h	0.01814	+5.588%	$421K	$125K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.4131%	1h	0.01820	+5.953%	$14K	$4K	10x	as long as short