Funding arb · Price arb /

DYM

all DYM markets

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: Bitget against Binance−0.241%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$157as in the Funding arb table

Net, price: spread back to 7d avg − costs−$186as in the Price arb table

costs, in and out, $10k−$1611.612% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.043%+$4 on $10k

Price spread, last 4 days (all we have)+0.243%+$24 · spread now −0.241%, 7d avg +0.009%

Together, before fees+0.286%+$29 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: Bitget is 0.250% cheaper against Binance than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DYMUSDT	0.01813	0.0100	pay 0.0050% / 4h	2h 19m	$2.4M	$4.4M	10x
Short	Bitget DYMUSDT	0.01809	0.0100	get 0.0050% / 4h	2h 19m	$389K	$157K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now −0.241%Rate

Funding earned: $0
Price spread: −0.241% → +0.009%: −$25
Slippage, 4 orders: −$139.24
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$186.24
Costs to cover: 1.612%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; Bitget: live order book, 21 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 Binance live order book, 2 min ago	2.76 bp	37.7 bp −$38	459.3 bp −$4,593	doesn't fit	doesn't fit
Sell Bitget live order book, 21 min ago	5.53 bp	44.7 bp −$45	219.9 bp −$2,199	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	+0.0024%	1h	0.01805	−0.479%	$247	—	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−5.259%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01811	−0.130%	$363K	$232K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01807	−0.332%	$75K	$7K	5x	as long as short
Binance DYMUSDTlong	+0.0100%	4h	0.01813	long leg	$2.4M	$4.4M	10x
Bybit DYMUSDT	+0.0100%	4h	0.01810	−0.174%	$765K	$486K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01810	−0.186%	$150K	$92K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01812	−0.075%	$1.1M	$571K	20x	as long as short
Bitget DYMUSDTshort	+0.0100%	4h	0.01809	−0.241%	$389K	$157K	25x
BingX DYM-USDT	+0.0100%	4h	0.01809	−0.241%	—	$16.2M	—	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	0.01805	−0.479%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01813	−0.008%	$1K	$151K	5x	as long as short
KuCoin DYMUSDTM	+0.0520%	4h	0.01814	+0.035%	$421K	$125K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.4131%	1h	0.01820	+0.381%	$14K	$4K	10x	as long as short