DYM

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.008%

Price spread now: Injective against dYdX−5.459%98s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 5.459% cheaper against dYdX than usual: you would sell low and buy high, −$546 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX DYM-USD	0.01817	0.0025	pay 0.0003% / 1h	35m 29s	$249	—	5x
Short	Injective DYM/USDC PERP	0.01718	0.0033	get 0.0004% / 1h	35m 29s	$237	$12K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 dYdXbpFee InjectivebpOrdersPrice spread, now −5.459%Rate

Funding earned: $1.66
Price spread: −5.459% → 0.000%: −$545.94
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$554.3
Costs to cover: 0.100%
Break-even: 2340.9 days

Slippage unknown: dYdX: no order-book sample; Injective: no order-book sample. Net counts fees only.

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 dYdX no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

dYdX and Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDlong	+0.0025%	1h	0.01817	long leg	$249	—	5x
Injective DYM/USDC PERPshort	+0.0033%	1h	0.01718	−5.459%	$237	$12K	5.5x
Hyperliquid DYM	+0.0100%	1h	0.01817	−0.012%	$363K	$227K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01819	+0.096%	$75K	$5K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01819	+0.099%	$2.4M	$4.4M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01816	−0.045%	$769K	$481K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01820	+0.154%	$146K	$89K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01819	+0.099%	$1.1M	$568K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01816	−0.067%	$392K	$151K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01818	+0.044%	—	$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	0.01811	−0.357%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01821	+0.183%	$1K	$151K	5x	as long as short
KuCoin DYMUSDTM	+0.0314%	4h	0.01822	+0.264%	$423K	$126K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.4137%	1h	0.01818	+0.024%	$14K	$4K	10x	as long as short