DYM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.52 per $10,000 · paid last 24h −0.204%

Price spread now: Bybit against KuCoin−0.320%7-day average −0.178% · you buy dearer than you sell

Net, funding: paid 7d − costs−$2,012as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,968as in the Price arb table

costs, in and out, $10k−$1,95419.542% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.574%−$57 on $10k

Price spread, last 4 days (all we have)+0.352%+$35 · spread now −0.320%, 7d avg −0.178%

Together, before fees−0.222%−$22 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.143% cheaper against KuCoin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.178%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DYMUSDTM	0.01841	0.0204	pay 0.0102% / 4h	3h 26m	$430K	$138K	25x
Short	Bybit DYMUSDT	0.01835	0.0100	get 0.0050% / 4h	3h 26m	$776K	$473K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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 KuCoinbpFee BybitbpOrdersPrice spread, now −0.320%Rate

Funding earned: −$21.84
Price spread: −0.320% → −0.178%: −$14.27
Slippage, 4 orders: −$1,931.2
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$1,990.31
Costs to cover: 19.542%
Break-even: never at this rate

Slippage from KuCoin: live order book, 46 min ago; Bybit: live order book, 24 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, 46 min ago	24.28 bp	953.8 bp −$954	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 24 min ago	5.45 bp	137.3 bp −$137	912.1 bp −$9,121	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	+0.0017%	1h	0.01840	−0.074%	$252	—	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.681%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01838	−0.163%	$369K	$229K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01841	0.000%	$76K	$5K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01839	−0.109%	$2.4M	$4.4M	10x	as long as short
Bybit DYMUSDTshort	+0.0100%	4h	0.01835	−0.320%	$776K	$473K	25x
Gate DYM_USDT	+0.0100%	4h	0.01840	−0.054%	$148K	$89K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01839	−0.109%	$1.2M	$569K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01837	−0.217%	$402K	$153K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01840	−0.054%	—	$15.2M	—	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	0.01842	+0.037%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01839	−0.135%	$2K	$247K	5x	as long as short
KuCoin DYMUSDTMlong	+0.0204%	4h	0.01841	long leg	$430K	$138K	25x
Kraken Futures PF_DYMUSD	+0.4107%	1h	0.01846	+0.295%	$15K	$4K	10x	as long as short