Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against MEXC+0.019%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$203as in the Funding arb table

Net, price: spread back to 7d avg − costs−$200as in the Price arb table

costs, in and out, $10k−$2032.028% of the position

Long on MEXC Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.025%+$3 · spread now +0.019%, 7d avg −0.011%

Together, before fees+0.021%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.030% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC DYM_USDT	0.01826	0.0100	pay 0.0050% / 4h	1h 07m	$1.1M	$682K	20x
Short	Extended DYM-USD	0.01826	0.0104	get 0.0013% / 1h	7m 02s	$4K	$263K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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 MEXCbpFee ExtendedbpOrdersPrice spread, now +0.019%Rate

Funding earned: $0.84
Price spread: +0.019% → −0.011%: $2.95
Slippage, 4 orders: −$193.81
Fee MEXC: 2 bp × 2 orders: −$4
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$199.02
Costs to cover: 2.028%
Break-even: 1665.5 days

Slippage from MEXC: live order book, 4 min ago; Extended: live order book, 10 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 MEXC live order book, 4 min ago	2.74 bp	11.1 bp −$11	88.2 bp −$882	220.8 bp −$22.1K	481.3 bp −$240.7K
Sell Extended live order book, 10 min ago	7.69 bp	106.7 bp −$107	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
dYdX DYM-USD	0.0000%	1h	0.01823	−0.151%	$250	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−5.915%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01825	−0.055%	$364K	$256K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01828	+0.110%	$75K	$6K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01827	+0.056%	$2.4M	$4.8M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01826	−0.016%	$792K	$418K	25x	as long as short
MEXC DYM_USDTlong	+0.0100%	4h	0.01826	long leg	$1.1M	$682K	20x
Bitget DYMUSDT	+0.0100%	4h	0.01828	+0.110%	$398K	$189K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01826	0.000%	—	$12.6M	—	as long as short
Variational Omni DYM	+0.0100%	4h	0.01825	−0.068%	$9K	$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-USDshort	+0.0104%	1h	0.01826	+0.019%	$4K	$263K	5x
Gate DYM_USDT	+0.0256%	4h	0.01829	+0.164%	$146K	$173K	25x	as long as short
KuCoin DYMUSDTM	+0.1342%	4h	0.01825	−0.055%	$430K	$145K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.1622%	1h	0.01831	+0.299%	$14K	$5K	10x	as long as short