DYM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0896%/8h= −98.1% APRnext payment −$4.48 per $10,000 · paid last 24h −0.204%

Price spread now: MEXC against KuCoin+0.215%7-day average −0.081% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,856as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,767as in the Price arb table

costs, in and out, $10k−$1,79717.967% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.591%−$59 on $10k

Price spread, last 4 days (all we have)−0.296%−$30 · spread now +0.215%, 7d avg −0.081%

Together, before fees−0.887%−$89 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.296% dearer against KuCoin than usual: you sell high and buy low (spread +0.215% now, against its 7-day average of −0.081%): +$30 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.591% in total) that is about 3.5 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.591% in total (about -30.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.48 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DYMUSDTM	0.01862	0.0996	pay 0.0498% / 4h	50m 27s	$426K	$124K	25x
Short	MEXC DYM_USDT	0.01866	0.0100	get 0.0050% / 4h	50m 27s	$1.2M	$554K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.215%Rate

Funding earned: −$188.16
Price spread: +0.215% → −0.081%: $29.59
Slippage, 4 orders: −$1,780.7
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$1,955.27
Costs to cover: 17.967%
Break-even: never at this rate

Slippage from KuCoin: live order book, 53 min ago; MEXC: live order book, 1 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, 53 min ago	32.61 bp	858.7 bp −$859	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	2.68 bp	11.9 bp −$12	100.3 bp −$1,003	194.5 bp −$19.4K	446.9 bp −$223.4K

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	0.01864	+0.114%	$255	—	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−7.734%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01866	+0.215%	$376K	$245K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01867	+0.252%	$77K	$6K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01866	+0.215%	$2.4M	$4.6M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01863	+0.075%	$783K	$526K	25x	as long as short
MEXC DYM_USDTshort	+0.0100%	4h	0.01866	+0.215%	$1.2M	$554K	20x
Bitget DYMUSDT	+0.0100%	4h	0.01868	+0.322%	$463K	$200K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01864	+0.107%	—	$16.1M	—	as long as short
Variational Omni DYM	+0.0100%	4h	0.01863	+0.061%	$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	0.01865	+0.188%	$5K	$246K	5x	as long as short
Gate DYM_USDT	+0.0232%	4h	0.01867	+0.269%	$174K	$111K	25x	as long as short
KuCoin DYMUSDTMlong	+0.0996%	4h	0.01862	long leg	$426K	$124K	25x
Kraken Futures PF_DYMUSD	+0.4143%	1h	0.01875	+0.678%	$15K	$4K	10x	as long as short