Funding arb · Price arb /

DYM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Bybit+0.136%7-day average +0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$458as in the Funding arb table

Net, price: spread back to 7d avg − costs−$450as in the Price arb table

costs, in and out, $10k−$4564.556% of the position

Long on Bybit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.023%−$2 on $10k

Price spread, last 4 days (all we have)−0.114%−$11 · spread now +0.136%, 7d avg +0.083%

Together, before fees−0.137%+ Points / potential airdropExtended: Active · farm board−$14 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: Extended is 0.053% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.083%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DYMUSDT	0.01853	0.0100	pay 0.0050% / 4h	1h 31m	$778K	$504K	25x
Short	Extended DYM-USD	0.01856	0.0104	get 0.0013% / 1h	31m 17s	$3K	$147K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.136%Rate

Funding earned: $0.84
Price spread: +0.136% → +0.083%: $5.33
Slippage, 4 orders: −$439.58
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$449.41
Costs to cover: 4.556%
Break-even: 3752.1 days

Slippage from Bybit: live order book, 9 min ago; Extended: live order book, 9 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, 9 min ago	5.47 bp	144.2 bp −$144	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 9 min ago	7.37 bp	99.6 bp −$100	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	+0.0006%	1h	0.01855	+0.088%	$254	—	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−7.285%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01856	+0.162%	$374K	$234K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01855	+0.122%	$77K	$7K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01856	+0.162%	$2.4M	$4.5M	10x	as long as short
Bybit DYMUSDTlong	+0.0100%	4h	0.01853	long leg	$778K	$504K	25x
MEXC DYM_USDT	+0.0100%	4h	0.01856	+0.162%	$1.2M	$569K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01859	+0.324%	$402K	$158K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01856	+0.162%	—	$16.1M	—	as long as short
Variational Omni DYM	+0.0100%	4h	0.01836	−0.935%	$9K	$5K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended DYM-USDshort	+0.0104%	1h	0.01856	+0.136%	$3K	$147K	5x
Gate DYM_USDT	+0.0136%	4h	0.01860	+0.378%	$155K	$96K	25x	as long as short
KuCoin DYMUSDTM	+0.1126%	4h	0.01859	+0.324%	$430K	$126K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.4054%	1h	0.01864	+0.594%	$15K	$4K	10x	as long as short