Settings8H · net · $10k
Funding arb · Price arb /

DYM

all DYM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0838%/8h= +91.8% APRnext payment +$4.19 per $10,000 · paid last 24h +0.204%
Price spread now: KuCoin against Binance+0.164%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,017as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,066as in the Price arb table
costs, in and out, $10k−$2,07720.766% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.593%+$59 on $10k
Price spread, last 4 days (all we have)−0.224%−$22 · spread now +0.164%, 7d avg +0.054%
Together, before fees+0.369%+$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and KuCoin is 0.110% dearer against Binance than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance DYMUSDT0.018270.0100pay 0.0050% / 4h1h 50m$2.4M$4.4M10x
ShortKuCoin DYMUSDTM0.018300.0938get 0.0469% / 4h1h 50m$420K$124K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$175.98
Price spread: +0.164% → +0.054%
$10.99
Slippage, 4 orders
−$2,054.6
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,889.62
Costs to cover
20.766%
Break-even
82.2 days
Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 68 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago2.74 bp40.0 bp −$40419.6 bp −$4,196doesn't fitdoesn't fit
Sell KuCoin live order book, 68 min ago16.46 bp953.9 bp −$954doesn't fitdoesn't fitdoesn't fit

DYM on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX DYM-USD0.0000%1h0.01824−0.184%$2505xas long as short
Injective DYM/USDC PERP+0.0033%1h0.01718−5.966%$237$12K5.5xas long as short
Hyperliquid DYM+0.0100%1h0.01825−0.110%$368K$233K3xas long as short
Aster DYMUSDT+0.0100%4h0.01824−0.188%$75K$7K5xas long as short
Binance DYMUSDTlong+0.0100%4h0.01827long leg$2.4M$4.4M10x
Bybit DYMUSDT+0.0100%4h0.01824−0.164%$772K$493K25xas long as short
Gate DYM_USDT+0.0100%4h0.01831+0.219%$154K$92K25xas long as short
MEXC DYM_USDT+0.0100%4h0.01826−0.055%$1.2M$564K20xas long as short
Bitget DYMUSDT+0.0100%4h0.01828+0.055%$394K$157K25xas long as short
BingX DYM-USDT+0.0100%4h0.01824−0.164%$16.1Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni DYM+0.0100%4h0.01825−0.099%$9K$5Kas long as short
Extended DYM-USD+0.0104%1h0.01826−0.034%$3K$152K5xas long as short
KuCoin DYMUSDTMshort+0.0938%4h0.01830+0.164%$420K$124K25x
Kraken Futures PF_DYMUSD+0.4125%1h0.01832+0.260%$14K$4K10xas long as short