Settings8H · net · $10k
Funding arb · Price arb /

DYM

all DYM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.2273%/8h= −248.9% APRnext payment $2.84 per $10,000 · paid last 24h −0.519%
Price spread now: dYdX against Kraken Futures−0.299%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$68 a day on $10k at the current rate, and dYdX is 0.299% cheaper against Kraken Futures than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_DYMUSD0.018280.2273pay 0.0284% / 1h30m 48s$14K$5K10x
ShortdYdX DYM-USD0.018230get 0.0000% / 1h30m 48s$250$55x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Kraken Futures. 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

Funding earned
−$477.33
Price spread: −0.299% → 0.000%
−$29.89
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$527.22
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; dYdX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell dYdX no order-book sample
Kraken Futures and dYdX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX DYM-USDshort0.0000%1h0.01823−0.299%$250$55x
Injective DYM/USDC PERP+0.0033%1h0.01718−6.038%$237$12K5.5xas long as short
Hyperliquid DYM+0.0100%1h0.01824−0.241%$365K$259K3xas long as short
Aster DYMUSDT+0.0100%4h0.01827−0.053%$75K$6K5xas long as short
Binance DYMUSDT+0.0100%4h0.01826−0.132%$2.4M$4.9M10xas long as short
Bybit DYMUSDT+0.0100%4h0.01824−0.241%$778K$390K25xas long as short
Gate DYM_USDT+0.0100%4h0.01823−0.296%$137K$168K25xas long as short
MEXC DYM_USDT+0.0100%4h0.01826−0.132%$1.2M$718K20xas long as short
Bitget DYMUSDT+0.0100%4h0.01827−0.077%$399K$193K25xas long as short
BingX DYM-USDT+0.0100%4h0.01825−0.186%$12.6Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni DYM+0.0100%4h0.01821−0.404%$9K$5Kas long as short
Extended DYM-USD+0.0104%1h0.01826−0.147%$4K$263K5xas long as short
KuCoin DYMUSDTM+0.0992%4h0.01826−0.132%$428K$146K25xas long as short
Kraken Futures PF_DYMUSDlong+0.2273%1h0.01828long leg$14K$5K10x