Settings8H · net · $10k
Funding arb · Price arb /

DYM

all DYM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1617%/8h= +177.1% APRnext payment +$2.02 per $10,000 · paid last 24h +0.560%
Price spread now: Kraken Futures against dYdX+0.646%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$49 a day on $10k at the current rate, and Kraken Futures is 0.646% dearer against dYdX than usual: you sell high and buy low: +$65 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX DYM-USD0.018250get 0.0000% / 1h3m 30s$250$55x
ShortKraken Futures PF_DYMUSD0.018370.1617get 0.0202% / 1h3m 30s$14K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against dYdX. 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

Funding earned
$339.62
Price spread: +0.646% → 0.000%
$64.59
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$384.2
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Kraken Futures no order-book sample
dYdX and Kraken Futures: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX DYM-USDlong0.0000%1h0.01825long leg$250$55x
Injective DYM/USDC PERP+0.0033%1h0.01718−5.850%$237$12K5.5xas long as short
Hyperliquid DYM+0.0100%1h0.01829+0.233%$365K$256K3xas long as short
Aster DYMUSDT+0.0100%4h0.01828+0.178%$75K$6K5xas long as short
Binance DYMUSDT+0.0100%4h0.01829+0.233%$2.4M$4.8M10xas long as short
Bybit DYMUSDT+0.0100%4h0.01826+0.074%$792K$418K25xas long as short
MEXC DYM_USDT+0.0100%4h0.01829+0.233%$1.1M$683K20xas long as short
Bitget DYMUSDT+0.0100%4h0.01829+0.233%$398K$189K25xas long as short
BingX DYM-USDT+0.0100%4h0.01828+0.178%$12.6Mas long as short
Variational Omni DYM+0.0100%4h0.01825+0.001%$9K$5Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended DYM-USD+0.0104%1h0.01829+0.212%$4K$263K5xas long as short
Gate DYM_USDT+0.0424%4h0.01830+0.288%$146K$173K25xas long as short
KuCoin DYMUSDTM+0.1404%4h0.01832+0.398%$431K$145K25xas long as short
Kraken Futures PF_DYMUSDshort+0.1617%1h0.01837+0.646%$14K$5K10x