Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0238%/8h= −26.1% APRpaid last 24h −0.196%

Price spread now: Extended against KuCoin−0.165%7-day average −0.095% · 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−$1,870as in the Price arb table

costs, in and out, $10k−$1,86318.630% of the position

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.593%−$59 on $10k

Price spread, last 4 days (all we have)+0.232%+$23 · spread now −0.165%, 7d avg −0.095%

Together, before fees−0.361%+ Points / potential airdropExtended: Active · farm board−$36 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Extended is 0.071% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.095%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DYMUSDTM	0.01857	0.0342	pay 0.0171% / 4h	15m 18s	$435K	$140K	25x
Short	Extended DYM-USD	0.01854	0.0104	get 0.0013% / 1h	15m 18s	$1K	$291K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.165%Rate

Funding earned: −$49.98
Price spread: −0.165% → −0.095%: −$7.07
Slippage, 4 orders: −$1,846.01
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$1,920.06
Costs to cover: 18.630%
Break-even: never at this rate

Slippage from KuCoin: live order book, 67 min ago; Extended: live order book, 42 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, 67 min ago	18.95 bp	845.8 bp −$846	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 42 min ago	5.43 bp	83.6 bp −$84	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	+0.0010%	1h	0.01853	−0.207%	$254	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−7.485%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01855	−0.108%	$372K	$232K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01854	−0.138%	$76K	$5K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01855	−0.133%	$2.4M	$4.5M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01853	−0.215%	$792K	$465K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01856	−0.054%	$147K	$90K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01855	−0.108%	$1.2M	$581K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01854	−0.162%	$410K	$150K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01855	−0.108%	—	$14.1M	—	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	0.01852	−0.287%	$9K	$5K	—	as long as short
Extended DYM-USDshort	+0.0104%	1h	0.01854	−0.165%	$1K	$291K	5x
KuCoin DYMUSDTMlong	+0.0342%	4h	0.01857	long leg	$435K	$140K	25x
Kraken Futures PF_DYMUSD	+0.3675%	1h	0.01857	+0.027%	$15K	$4K	10x	as long as short