DYM

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.4092%/8h= −448.1% APRnext payment −$5.11 per $10,000 · paid last 24h −0.743%

Price spread now: Injective against Kraken Futures−6.210%63s7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on Injective

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—needs both histories

Both sides work against this trade now: funding costs −$123 a day on $10k at the current rate, and Injective is 6.210% cheaper against Kraken Futures than usual: you would sell low and buy high (−$621 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 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	Kraken Futures PF_DYMUSD	0.01832	0.4125	pay 0.0516% / 1h	49m 56s	$14K	$4K	10x
Short	Injective DYM/USDC PERP	0.01718	0.0033	get 0.0004% / 1h	49m 56s	$237	$12K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee InjectivebpOrdersPrice spread, now −6.210%Rate

Funding earned: −$859.32
Price spread: −6.210% → 0.000%: −$620.97
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$1,490.3
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Kraken Futures: no order-book sample; Injective: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Kraken Futures and 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	0.0000%	1h	0.01824	−0.443%	$250	—	5x	as long as short
Injective DYM/USDC PERPshort	+0.0033%	1h	0.01718	−6.210%	$237	$12K	5.5x
Hyperliquid DYM	+0.0100%	1h	0.01825	−0.368%	$368K	$233K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01824	−0.442%	$75K	$7K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01824	−0.423%	$2.4M	$4.4M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01824	−0.423%	$772K	$500K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01831	−0.041%	$154K	$92K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01826	−0.314%	$1.2M	$564K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01828	−0.204%	$394K	$157K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01824	−0.423%	—	$16.1M	—	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	0.01825	−0.357%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01826	−0.292%	$3K	$152K	5x	as long as short
KuCoin DYMUSDTM	+0.0938%	4h	0.01830	−0.095%	$420K	$124K	25x	as long as short
Kraken Futures PF_DYMUSDlong	+0.4125%	1h	0.01832	long leg	$14K	$4K	10x