DYM

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0262%/8h= −28.7% APRnext payment −$1.31 per $10,000 · paid last 24h −0.182%

Price spread now: Gate against KuCoin−0.437%7-day average −0.079% · you buy dearer than you sell

Net, funding: paid 7d − costs−$2,535as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,498as in the Price arb table

costs, in and out, $10k−$2,46224.625% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.730%−$73 on $10k

Price spread, last 4 days (all we have)+0.254%+$25 · spread now −0.437%, 7d avg −0.079%

Together, before fees−0.476%−$48 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Gate is 0.359% cheaper against KuCoin than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of −0.079%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DYMUSDTM	0.01829	0.0362	pay 0.0181% / 4h	2h 40m	$431K	$148K	25x
Short	Gate DYM_USDT	0.01821	0.0100	get 0.0050% / 4h	2h 40m	$144K	$98K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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 KuCoinbpFee GatebpOrdersPrice spread, now −0.437%Rate

Funding earned: −$55.02
Price spread: −0.437% → −0.079%: −$35.85
Slippage, 4 orders: −$2,435.49
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$2,553.36
Costs to cover: 24.625%
Break-even: never at this rate

Slippage from KuCoin: live order book, 72 min ago; Gate: live order book, 20 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 KuCoin live order book, 72 min ago	21.72 bp	966.1 bp −$966	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 20 min ago	13.61 bp	214.5 bp −$215	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
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.069%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01825	−0.219%	$364K	$248K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01826	−0.172%	$75K	$5K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01823	−0.328%	$2.4M	$4.6M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01819	−0.547%	$773K	$435K	25x	as long as short
Gate DYM_USDTshort	+0.0100%	4h	0.01821	−0.437%	$144K	$98K	25x
MEXC DYM_USDT	+0.0100%	4h	0.01822	−0.383%	$1.2M	$601K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01822	−0.383%	$405K	$163K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01822	−0.383%	—	$24.7M	—	as long as short
Variational Omni DYM	+0.0100%	4h	0.01824	−0.261%	$10K	$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	0.01822	−0.379%	$6K	$290K	5x	as long as short
dYdX DYM-USD	+0.0149%	1h	0.01825	−0.235%	$250	$5	5x	as long as short
KuCoin DYMUSDTMlong	+0.0362%	4h	0.01829	long leg	$431K	$148K	25x
Kraken Futures PF_DYMUSD	+0.3429%	1h	0.01832	+0.152%	$14K	$5K	10x	as long as short