Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.3935%/8h= +430.9% APRpaid last 24h +0.713%

Price spread now: Kraken Futures against Gate−0.196%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Kraken Futures

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 pays, the price is against you. Kraken Futures is 0.196% cheaper against Gate than usual: you would sell low and buy high (spread −0.196% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 4 hours of funding at the current rate (+$118 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DYM_USDT	0.01870	0.0114	pay 0.0057% / 4h	1h 05m	$174K	$115K	25x
Short	Kraken Futures PF_DYMUSD	0.01866	0.4049	get 0.0506% / 1h	5m 07s	$15K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Gate. 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 GatebpFee Kraken FuturesbpOrdersPrice spread, now −0.196%Rate

Funding earned: $826.32
Price spread: −0.196% → 0.000%: −$19.63
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $781.69
Costs to cover: 0.250%
Break-even: 0.4 days

Slippage unknown: Gate: live order book, 30 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 30 min ago	16.24 bp	181.0 bp −$181	45157.7 bp −$451.6K	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX DYM-USD	+0.0003%	1h	0.01867	−0.176%	$256	—	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−8.128%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01864	−0.321%	$376K	$245K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01867	−0.184%	$77K	$7K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01864	−0.321%	$2.5M	$4.6M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01864	−0.321%	$785K	$524K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01863	−0.374%	$1.2M	$578K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01866	−0.214%	$448K	$192K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01866	−0.214%	—	$16.1M	—	as long as short
Variational Omni DYM	+0.0100%	4h	0.01864	−0.338%	$10K	$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-USD	+0.0104%	1h	0.01863	−0.350%	$1K	$144K	5x	as long as short
Gate DYM_USDTlong	+0.0114%	4h	0.01870	long leg	$174K	$115K	25x
KuCoin DYMUSDTM	+0.1288%	4h	0.01868	−0.107%	$423K	$126K	25x	as long as short
Kraken Futures PF_DYMUSDshort	+0.4049%	1h	0.01866	−0.196%	$15K	$4K	10x