Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.3282%/8h= +359.4% APRpaid last 24h +0.579%

Price spread now: Kraken Futures against Aster+0.495%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work for this trade now. Funding pays +$98 a day on $10k at the current rate, and Kraken Futures is 0.495% dearer against Aster than usual: you sell high and buy low: +$50 more if the spread 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	0.01848	0.0100	pay 0.0050% / 4h	2h 03m	$76K	$5K	5x
Short	Kraken Futures PF_DYMUSD	0.01857	0.3382	get 0.0423% / 1h	3m 33s	$15K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.495%Rate

Funding earned: $689.32
Price spread: +0.495% → 0.000%: $49.55
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $720.87
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Aster: no order-book sample; Kraken Futures: 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 Aster no order-book sample	—	—	—	—	—
Sell Kraken Futures no order-book sample	—	—	—	—	—

Aster and Kraken Futures: 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
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−7.033%	$237	$12K	5.5x	as long as short
dYdX DYM-USD	+0.0085%	1h	0.01847	−0.042%	$253	$5	5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01848	+0.002%	$369K	$245K	3x	as long as short
Aster DYMUSDTlong	+0.0100%	4h	0.01848	long leg	$76K	$5K	5x
Binance DYMUSDT	+0.0100%	4h	0.01848	+0.001%	$2.4M	$4.5M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01845	−0.133%	$787K	$441K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01850	+0.110%	$146K	$98K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01849	+0.056%	$1.2M	$613K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01848	+0.002%	$411K	$159K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01848	+0.002%	—	$24.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni DYM	+0.0100%	4h	0.01844	−0.232%	$10K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01848	−0.025%	$4K	$286K	5x	as long as short
KuCoin DYMUSDTM	+0.0428%	4h	0.01848	+0.002%	$433K	$147K	25x	as long as short
Kraken Futures PF_DYMUSDshort	+0.3382%	1h	0.01857	+0.495%	$15K	$5K	10x