Funding you earn now, next payment 04:00 UTC−0.0270%/8h= −29.6% APRnext payment −$1.35 per $10,000 · paid last 24h −0.199%
Price spread now: Binance against KuCoin−0.077%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,922as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,866as in the Price arb table
costs, in and out, $10k−$1,86418.636% of the position
Funding, last 7 days−0.588%−$59 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.077%, 7d avg −0.056%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Binance is 0.021% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.056%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DYMUSDTM | 0.01841 | 0.0370 | pay 0.0185% / 4h | 2h 42m | $434K | $148K | 25x |
| Short | Binance DYMUSDT | 0.01840 | 0.0100 | get 0.0050% / 4h | 2h 42m | $2.4M | $4.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$56.7
- Price spread: −0.077% → −0.056%
- −$2.13
- Slippage, 4 orders
- −$1,841.58
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,922.41
- Costs to cover
- 18.636%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 69 min ago; Binance: live order book, 10 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 KuCoin live order book, 69 min ago | 21.72 bp | 966.1 bp −$966 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 5.44 bp | 27.6 bp −$28 | 147.3 bp −$1,473 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DYM/USDC PERP | +0.0033% | 1h | 0.01718 | −6.681% | $237 | $12K | 5.5x | as long as short |
| Hyperliquid DYM | +0.0100% | 1h | 0.01840 | −0.054% | $367K | $248K | 3x | as long as short |
| Aster DYMUSDT | +0.0100% | 4h | 0.01842 | +0.047% | $76K | $5K | 5x | as long as short |
| Binance DYMUSDTshort | +0.0100% | 4h | 0.01840 | −0.077% | $2.4M | $4.6M | 10x | |
| Bybit DYMUSDT | +0.0100% | 4h | 0.01840 | −0.033% | $782K | $434K | 25x | as long as short |
| Gate DYM_USDT | +0.0100% | 4h | 0.01842 | +0.054% | $146K | $97K | 25x | as long as short |
| MEXC DYM_USDT | +0.0100% | 4h | 0.01842 | +0.054% | $1.2M | $601K | 20x | as long as short |
| Bitget DYMUSDT | +0.0100% | 4h | 0.01843 | +0.109% | $410K | $165K | 25x | as long as short |
| BingX DYM-USDT | +0.0100% | 4h | 0.01842 | +0.054% | — | $24.7M | — | as long as short |
| Variational Omni DYM | +0.0100% | 4h | 0.01829 | −0.667% | $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 | 0.01840 | −0.053% | $6K | $290K | 5x | as long as short |
| dYdX DYM-USD | +0.0166% | 1h | 0.01840 | −0.070% | $252 | $5 | 5x | as long as short |
| KuCoin DYMUSDTMlong | +0.0370% | 4h | 0.01841 | long leg | $434K | $148K | 25x | |
| Kraken Futures PF_DYMUSD | +0.3391% | 1h | 0.01853 | +0.635% | $15K | $5K | 10x | as long as short |
KuCoin DYMUSDTM
Binance DYMUSDT
Injective DYM/USDC PERP
Hyperliquid DYM
Aster DYMUSDT
Bybit DYMUSDT
Gate DYM_USDT
MEXC DYM_USDT
Bitget DYMUSDT
BingX DYM-USDT
Variational Omni DYM
Extended DYM-USD
Kraken Futures PF_DYMUSD