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 BingX−0.055%7-day average +0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$150as in the Funding arb table

Net, price: spread back to 7d avg − costs−$162as in the Price arb table

costs, in and out, $10k−$1501.500% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.055%, 7d avg +0.068%

Together, before fees+0.117%+$12 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 0.123% cheaper against BingX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.068%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX DYM-USDT	0.01806	0.0100	pay 0.0050% / 4h	2h 22m	—	$16.2M	—
Short	Bitget DYMUSDT	0.01805	0.0100	get 0.0050% / 4h	2h 22m	$389K	$157K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.055%Rate

Funding earned: $0
Price spread: −0.055% → +0.068%: −$12.32
Slippage, 4 orders: −$128.04
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$162.37
Costs to cover: 1.500%
Break-even: never at this rate

Slippage from BingX: live order book, 1 min ago; Bitget: live order book, 18 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, 1 min ago	8.34 bp	33.6 bp −$34	132.9 bp −$1,329	736.2 bp −$73.6K	doesn't fit
Sell Bitget live order book, 18 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	+0.0026%	1h	0.01799	−0.404%	$246	—	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−4.873%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01806	0.000%	$362K	$232K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01806	0.000%	$74K	$7K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01809	+0.166%	$2.4M	$4.4M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01805	−0.066%	$763K	$485K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01804	−0.111%	$150K	$92K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01808	+0.111%	$1.1M	$570K	20x	as long as short
Bitget DYMUSDTshort	+0.0100%	4h	0.01805	−0.055%	$389K	$157K	25x
BingX DYM-USDTlong	+0.0100%	4h	0.01806	long leg	—	$16.2M	—

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni DYM	+0.0100%	4h	0.01802	−0.238%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01805	−0.082%	$1K	$151K	5x	as long as short
KuCoin DYMUSDTM	+0.0476%	4h	0.01802	−0.221%	$418K	$125K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.4145%	1h	0.01814	+0.454%	$14K	$4K	10x	as long as short