Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Bybit against Extended−0.158%7-day average −0.082% · you buy dearer than you sell

Net, funding: paid 7d − costs−$483as in the Funding arb table

Net, price: spread back to 7d avg − costs−$494as in the Price arb table

costs, in and out, $10k−$4864.861% of the position

Long on Extended Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.031%+$3 on $10k

Price spread, last 4 days (all we have)+0.142%+$14 · spread now −0.158%, 7d avg −0.082%

Together, before fees+0.173%+ Points / potential airdropExtended: Active · farm board+$17 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 0.076% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.082%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DYM-USD	0.01847	0.0104	pay 0.0013% / 1h	58m 46s	$4K	$260K	5x
Short	Bybit DYMUSDT	0.01844	0.0100	get 0.0050% / 4h	3h 58m	$783K	$429K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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 ExtendedbpFee BybitbpOrdersPrice spread, now −0.158%Rate

Funding earned: −$0.84
Price spread: −0.158% → −0.082%: −$7.6
Slippage, 4 orders: −$470.06
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$494.5
Costs to cover: 4.861%
Break-even: never at this rate

Slippage from Extended: live order book, 14 min ago; Bybit: live order book, 11 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 Extended live order book, 14 min ago	8.73 bp	81.8 bp −$82	626.3 bp −$6,263	doesn't fit	doesn't fit
Sell Bybit live order book, 11 min ago	5.45 bp	150.9 bp −$151	1076.3 bp −$10.8K	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	0.01843	−0.209%	$252	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.965%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01847	+0.021%	$370K	$255K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01846	−0.022%	$76K	$5K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01849	+0.116%	$2.4M	$4.7M	10x	as long as short
Bybit DYMUSDTshort	+0.0100%	4h	0.01844	−0.158%	$783K	$429K	25x
MEXC DYM_USDT	+0.0100%	4h	0.01847	+0.021%	$1.1M	$652K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01848	+0.075%	$402K	$175K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01846	−0.034%	—	$12.8M	—	as long as short
Variational Omni DYM	+0.0100%	4h	0.01841	−0.318%	$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-USDlong	+0.0104%	1h	0.01847	long leg	$4K	$260K	5x
Gate DYM_USDT	+0.0298%	4h	0.01850	+0.183%	$148K	$109K	25x	as long as short
KuCoin DYMUSDTM	+0.0866%	4h	0.01847	+0.021%	$436K	$144K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.2402%	1h	0.01865	+1.021%	$15K	$5K	10x	as long as short