DYM

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Hyperliquid against Extended−0.084%7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$222as in the Funding arb table

Net, price: spread back to 7d avg − costs−$224as in the Price arb table

costs, in and out, $10k−$2212.215% of the position

Long on Extended Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.084%, 7d avg −0.055%

Together, before fees+0.011%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$1 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: Hyperliquid is 0.029% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.055%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DYM-USD	0.01809	0.0104	pay 0.0013% / 1h	21m 35s	$1K	$151K	5x
Short	Hyperliquid DYM	0.01807	0.0100	get 0.0013% / 1h	21m 35s	$363K	$232K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now −0.084%Rate

Funding earned: −$0.84
Price spread: −0.084% → −0.055%: −$2.93
Slippage, 4 orders: −$207.49
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$225.26
Costs to cover: 2.215%
Break-even: never at this rate

Slippage from Extended: live order book, 24 min ago; Hyperliquid: live order book, 48 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, 24 min ago	6.31 bp	74.0 bp −$74	610.1 bp −$6,101	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 48 min ago	2.73 bp	40.0 bp −$40	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	+0.0024%	1h	0.01803	−0.296%	$247	—	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−5.005%	$237	$12K	5.5x	as long as short
Hyperliquid DYMshort	+0.0100%	1h	0.01807	−0.084%	$363K	$232K	3x
Aster DYMUSDT	+0.0100%	4h	0.01806	−0.139%	$74K	$7K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01809	+0.026%	$2.4M	$4.4M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01807	−0.079%	$764K	$485K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01810	+0.082%	$150K	$92K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01809	+0.026%	$1.1M	$570K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01807	−0.084%	$389K	$157K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01807	−0.084%	—	$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	0.01802	−0.377%	$9K	$5K	—	as long as short
Extended DYM-USDlong	+0.0104%	1h	0.01809	long leg	$1K	$151K	5x
KuCoin DYMUSDTM	+0.0476%	4h	0.01809	+0.026%	$420K	$125K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.4145%	1h	0.01814	+0.314%	$14K	$4K	10x	as long as short