Funding arb · Price arb /

DYM

all DYM markets

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: Binance against BingX0.000%7-day average +0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$134as in the Price arb table

costs, in and out, $10k−$1291.290% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.056%−$6 on $10k

Price spread, last 7 days+0.103%+$10 · spread now 0.000%, 7d avg +0.055%

Together, before fees+0.047%+$5 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: Binance is 0.055% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.055%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX DYM-USDT	0.01825	0.0100	pay 0.0050% / 4h	2h 25m	—	$12.6M	—
Short	Binance DYMUSDT	0.01825	0.0100	get 0.0050% / 4h	2h 25m	$2.4M	$4.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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 BingXbpFee BinancebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.055%: −$5.51
Slippage, 4 orders: −$108.99
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$134.5
Costs to cover: 1.290%
Break-even: never at this rate

Slippage from BingX: live order book, 8 min ago; Binance: live order book, 12 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 BingX live order book, 8 min ago	8.24 bp	32.3 bp −$32	93.3 bp −$933	707.2 bp −$70.7K	doesn't fit
Sell Binance live order book, 12 min ago	2.74 bp	25.9 bp −$26	140.0 bp −$1,400	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	0.0000%	1h	0.01822	−0.168%	$250	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−5.863%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01823	−0.110%	$364K	$259K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01826	+0.067%	$75K	$6K	5x	as long as short
Binance DYMUSDTshort	+0.0100%	4h	0.01825	0.000%	$2.4M	$4.9M	10x
Bybit DYMUSDT	+0.0100%	4h	0.01824	−0.066%	$781K	$413K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01825	0.000%	$141K	$170K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01825	0.000%	$1.2M	$699K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01824	−0.055%	$397K	$192K	25x	as long as short
BingX DYM-USDTlong	+0.0100%	4h	0.01825	long leg	—	$12.6M	—

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni DYM	+0.0100%	4h	0.01819	−0.306%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01825	−0.013%	$4K	$263K	5x	as long as short
KuCoin DYMUSDTM	+0.1368%	4h	0.01823	−0.110%	$428K	$146K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.2179%	1h	0.01826	+0.028%	$14K	$5K	10x	as long as short