Funding arb · Price arb /

DYM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against MEXC−0.391%7-day average — · you buy dearer than you sell

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

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.391% cheaper against MEXC than usual: you would sell low and buy high, −$39 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC DYM_USDT	0.01813	0.0100	pay 0.0050% / 4h	2h 03m	$1.1M	$701K	20x
Short	Variational Omni DYM	0.01806	0.0100	get 0.0050% / 4h	2h 03m	$9K	$5K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now −0.391%Rate

Funding earned: $0
Price spread: −0.391% → 0.000%: −$39.06
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$43.06
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 3 min ago; Variational Omni: 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 MEXC live order book, 3 min ago	2.76 bp	15.3 bp −$15	85.7 bp −$857	224.5 bp −$22.5K	501.9 bp −$251.0K
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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	0.01809	−0.199%	$248	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−5.240%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01811	−0.110%	$362K	$256K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01814	+0.054%	$75K	$6K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01813	+0.004%	$2.4M	$4.8M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01809	−0.210%	$786K	$419K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01810	−0.165%	$140K	$171K	25x	as long as short
MEXC DYM_USDTlong	+0.0100%	4h	0.01813	long leg	$1.1M	$701K	20x
Bitget DYMUSDT	+0.0100%	4h	0.01813	0.000%	$395K	$189K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01812	−0.055%	—	$12.6M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni DYMshort	+0.0100%	4h	0.01806	−0.391%	$9K	$5K	—
Extended DYM-USD	+0.0104%	1h	0.01812	−0.069%	$4K	$263K	5x	as long as short
KuCoin DYMUSDTM	+0.1324%	4h	0.01813	0.000%	$426K	$144K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.2192%	1h	0.01814	+0.080%	$14K	$5K	10x	as long as short