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 Bybit+0.109%7-day average +0.135% · you sell dearer than you buy

Net, funding: paid 7d − costs−$350as in the Funding arb table

Net, price: spread back to 7d avg − costs−$355as in the Price arb table

costs, in and out, $10k−$3523.524% of the position

Long on Bybit Short on Bitget

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)−0.112%−$11 · spread now +0.109%, 7d avg +0.135%

Together, before fees−0.088%−$9 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 0.026% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.135%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DYMUSDT	0.01838	0.0100	pay 0.0050% / 4h	3h 56m	$779K	$474K	25x
Short	Bitget DYMUSDT	0.01840	0.0100	get 0.0050% / 4h	3h 56m	$405K	$150K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now +0.109%Rate

Funding earned: $0
Price spread: +0.109% → +0.135%: −$2.58
Slippage, 4 orders: −$329.42
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$355
Costs to cover: 3.524%
Break-even: never at this rate

Slippage from Bybit: live order book, 58 min ago; Bitget: live order book, 54 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 Bybit live order book, 58 min ago	8.15 bp	150.3 bp −$150	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 54 min ago	8.15 bp	29.7 bp −$30	272.1 bp −$2,721	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	+0.007%	$252	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.529%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01842	+0.218%	$370K	$232K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01842	+0.218%	$76K	$5K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01843	+0.258%	$2.4M	$4.4M	10x	as long as short
Bybit DYMUSDTlong	+0.0100%	4h	0.01838	long leg	$779K	$474K	25x
Gate DYM_USDT	+0.0100%	4h	0.01840	+0.109%	$146K	$86K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01842	+0.218%	$1.2M	$566K	20x	as long as short
Bitget DYMUSDTshort	+0.0100%	4h	0.01840	+0.109%	$405K	$150K	25x
BingX DYM-USDT	+0.0100%	4h	0.01840	+0.109%	—	$14.1M	—	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	0.01840	+0.091%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01842	+0.223%	$1K	$288K	5x	as long as short
KuCoin DYMUSDTM	+0.0220%	4h	0.01840	+0.109%	$431K	$139K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.4095%	1h	0.01852	+0.760%	$15K	$4K	10x	as long as short