Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Bitget+0.038%7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$138as in the Funding arb table

Net, price: spread back to 7d avg − costs−$129as in the Price arb table

costs, in and out, $10k−$1341.338% of the position

Long on Bitget Short on Binance

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)+0.195%+$20 · spread now +0.038%, 7d avg −0.010%

Together, before fees+0.152%+$15 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 0.049% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget DYMUSDT	0.01839	0.0100	pay 0.0050% / 4h	1h 39m	$409K	$156K	25x
Short	Binance DYMUSDT	0.01840	0.0100	get 0.0050% / 4h	1h 39m	$2.4M	$4.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now +0.038%Rate

Funding earned: $0
Price spread: +0.038% → −0.010%: $4.87
Slippage, 4 orders: −$111.79
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$128.93
Costs to cover: 1.338%
Break-even: never at this rate

Slippage from Bitget: live order book, 16 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 Bitget live order book, 16 min ago	8.13 bp	39.1 bp −$39	363.2 bp −$3,632	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	2.71 bp	33.2 bp −$33	186.5 bp −$1,865	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	0.01838	−0.047%	$252	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.580%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01838	−0.054%	$368K	$245K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01840	+0.045%	$76K	$5K	5x	as long as short
Binance DYMUSDTshort	+0.0100%	4h	0.01840	+0.038%	$2.4M	$4.5M	10x
Bybit DYMUSDT	+0.0100%	4h	0.01835	−0.218%	$782K	$442K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01841	+0.109%	$146K	$94K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01839	0.000%	$1.2M	$581K	20x	as long as short
Bitget DYMUSDTlong	+0.0100%	4h	0.01839	long leg	$409K	$156K	25x
BingX DYM-USDT	+0.0100%	4h	0.01838	−0.054%	—	$24.7M	—	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	0.01836	−0.155%	$10K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01839	+0.011%	$2K	$288K	5x	as long as short
KuCoin DYMUSDTM	+0.0616%	4h	0.01842	+0.163%	$430K	$144K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.3517%	1h	0.01840	+0.044%	$14K	$5K	10x	as long as short