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 +0.010%

Price spread now: Gate against BingX−0.109%7-day average +0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$960as in the Funding arb table

Net, price: spread back to 7d avg − costs−$956as in the Price arb table

costs, in and out, $10k−$9429.419% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.186%−$19 on $10k

Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.109%, 7d avg +0.034%

Together, before fees−0.188%−$19 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: Gate is 0.143% cheaper against BingX than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX DYM-USDT	0.01837	0.0100	pay 0.0050% / 4h	1h 36m	—	$16.1M	—
Short	Gate DYM_USDT	0.01835	0.0100	get 0.0050% / 4h	1h 36m	$154K	$93K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.109%Rate

Funding earned: $0
Price spread: −0.109% → +0.034%: −$14.31
Slippage, 4 orders: −$916.87
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$956.18
Costs to cover: 9.419%
Break-even: never at this rate

Slippage from BingX: live order book, 7 min ago; Gate: live order book, 64 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, 7 min ago	10.89 bp	51.6 bp −$52	212.6 bp −$2,126	652.2 bp −$65.2K	doesn't fit
Sell Gate live order book, 64 min ago	16.59 bp	331.2 bp −$331	doesn't fit	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	+0.0008%	1h	0.01833	−0.236%	$251	—	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.478%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01837	0.000%	$370K	$234K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01840	+0.145%	$76K	$7K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01840	+0.146%	$2.4M	$4.4M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01839	+0.093%	$773K	$498K	25x	as long as short
Gate DYM_USDTshort	+0.0100%	4h	0.01835	−0.109%	$154K	$93K	25x
MEXC DYM_USDT	+0.0100%	4h	0.01842	+0.272%	$1.2M	$565K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01841	+0.218%	$397K	$156K	25x	as long as short
BingX DYM-USDTlong	+0.0100%	4h	0.01837	long leg	—	$16.1M	—

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni DYM	+0.0100%	4h	0.01832	−0.290%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01839	+0.110%	$3K	$147K	5x	as long as short
KuCoin DYMUSDTM	+0.1028%	4h	0.01842	+0.272%	$426K	$126K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.4101%	1h	0.01842	+0.294%	$15K	$4K	10x	as long as short