Funding arb · Price arb /

DYM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Aster−0.252%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.252% cheaper against Aster than usual: you would sell low and buy high, −$25 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	Aster DYMUSDT	0.01869	0.0100	pay 0.0050% / 4h	43m 06s	$77K	$6K	5x
Short	Bybit DYMUSDT	0.01864	0.0100	get 0.0050% / 4h	43m 06s	$783K	$525K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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 AsterbpFee BybitbpOrdersPrice spread, now −0.252%Rate

Funding earned: $0
Price spread: −0.252% → 0.000%: −$25.17
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$44.17
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Bybit: live order book, 57 min ago. 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 Aster no order-book sample	—	—	—	—	—
Sell Bybit live order book, 57 min ago	5.47 bp	133.4 bp −$133	508.4 bp −$5,084	doesn't fit	doesn't fit

Aster: 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	0.01870	+0.055%	$256	—	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−8.084%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01866	−0.166%	$376K	$245K	3x	as long as short
Aster DYMUSDTlong	+0.0100%	4h	0.01869	long leg	$77K	$6K	5x
Binance DYMUSDT	+0.0100%	4h	0.01867	−0.112%	$2.4M	$4.6M	10x	as long as short
Bybit DYMUSDTshort	+0.0100%	4h	0.01864	−0.252%	$783K	$525K	25x
MEXC DYM_USDT	+0.0100%	4h	0.01868	−0.059%	$1.2M	$556K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01869	−0.006%	$465K	$202K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01867	−0.113%	—	$16.1M	—	as long as short
Variational Omni DYM	+0.0100%	4h	0.01868	−0.052%	$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	0.01867	−0.088%	$3K	$372K	5x	as long as short
Gate DYM_USDT	+0.0250%	4h	0.01870	+0.048%	$175K	$111K	25x	as long as short
KuCoin DYMUSDTM	+0.0826%	4h	0.01864	−0.273%	$427K	$124K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.4136%	1h	0.01878	+0.464%	$15K	$4K	10x	as long as short