Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.203%

Price spread now: KuCoin against Extended−0.027%7-day average +0.093% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,676as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,747as in the Price arb table

costs, in and out, $10k−$1,73517.354% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.596%+$60 on $10k

Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.027%, 7d avg +0.093%

Together, before fees+0.698%+ Points / potential airdropExtended: Active · farm board+$70 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.120% cheaper against Extended than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of +0.093%). If the spread goes back, that is −$12 on $10k: about 2.2 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DYM-USD	0.01838	0.0104	pay 0.0013% / 1h	16m 34s	$3K	$365K	5x
Short	KuCoin DYMUSDTM	0.01837	0.0284	get 0.0142% / 4h	16m 34s	$420K	$113K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.027%Rate

Funding earned: $37.8
Price spread: −0.027% → +0.093%: −$12.04
Slippage, 4 orders: −$1,718.39
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,709.62
Costs to cover: 17.354%
Break-even: 323.6 days

Slippage from Extended: live order book, 21 min ago; KuCoin: live order book, 17 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, 21 min ago	6.47 bp	101.1 bp −$101	661.0 bp −$6,610	doesn't fit	doesn't fit
Sell KuCoin live order book, 17 min ago	24.31 bp	618.1 bp −$618	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	0.0000%	1h	0.01837	−0.047%	$252	—	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.504%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01838	+0.027%	$368K	$250K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01838	+0.035%	$76K	$6K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01838	+0.027%	$2.4M	$4.6M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01834	−0.185%	$773K	$531K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01838	+0.027%	$1.2M	$575K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01839	+0.081%	$459K	$218K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01836	−0.082%	—	$18.9M	—	as long as short
Variational Omni DYM	+0.0100%	4h	0.01829	−0.453%	$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	0.01838	long leg	$3K	$365K	5x
Gate DYM_USDT	+0.0154%	4h	0.01840	+0.136%	$172K	$114K	25x	as long as short
KuCoin DYMUSDTMshort	+0.0284%	4h	0.01837	−0.027%	$420K	$113K	25x
Kraken Futures PF_DYMUSD	+0.4202%	1h	0.01848	+0.593%	$15K	$4K	10x	as long as short