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: Bybit against Bitget+0.039%7-day average −0.134% · you sell dearer than you buy

Net, funding: paid 7d − costs−$370as in the Funding arb table

Net, price: spread back to 7d avg − costs−$351as in the Price arb table

costs, in and out, $10k−$3683.680% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$2 on $10k

Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.039%, 7d avg −0.134%

Together, before fees−0.118%−$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: Bybit is 0.172% dearer against Bitget than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.134%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget DYMUSDT	0.01804	0.0100	pay 0.0050% / 4h	2h 20m	$388K	$157K	25x
Short	Bybit DYMUSDT	0.01805	0.0100	get 0.0050% / 4h	2h 20m	$763K	$486K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.039%Rate

Funding earned: $0
Price spread: +0.039% → −0.134%: $17.24
Slippage, 4 orders: −$344.96
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$350.72
Costs to cover: 3.680%
Break-even: never at this rate

Slippage from Bitget: live order book, 20 min ago; Bybit: live order book, 24 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, 20 min ago	5.53 bp	29.6 bp −$30	426.8 bp −$4,268	doesn't fit	doesn't fit
Sell Bybit live order book, 24 min ago	8.27 bp	145.6 bp −$146	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	+0.0024%	1h	0.01803	−0.046%	$247	—	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−4.767%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01806	+0.111%	$362K	$232K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01806	+0.111%	$74K	$7K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01808	+0.210%	$2.4M	$4.4M	10x	as long as short
Bybit DYMUSDTshort	+0.0100%	4h	0.01805	+0.039%	$763K	$486K	25x
Gate DYM_USDT	+0.0100%	4h	0.01803	−0.055%	$149K	$92K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01806	+0.111%	$1.1M	$571K	20x	as long as short
Bitget DYMUSDTlong	+0.0100%	4h	0.01804	long leg	$388K	$157K	25x
BingX DYM-USDT	+0.0100%	4h	0.01806	+0.111%	—	$16.2M	—	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	0.01805	+0.038%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01807	+0.183%	$1K	$151K	5x	as long as short
KuCoin DYMUSDTM	+0.0500%	4h	0.01809	+0.277%	$420K	$125K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.4154%	1h	0.01810	+0.338%	$14K	$4K	10x	as long as short