DYM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0890%/8h= −97.5% APRnext payment −$4.45 per $10,000 · paid last 24h −0.160%

Price spread now: MEXC against KuCoin−0.109%7-day average −0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,597as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,544as in the Price arb table

costs, in and out, $10k−$1,54115.407% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.560%−$56 on $10k

Price spread, last 4 days (all we have)+0.109%+$11 · spread now −0.109%, 7d avg −0.081%

Together, before fees−0.450%−$45 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and MEXC is 0.028% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.081%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.560% in total (about -29.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.45 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DYMUSDTM	0.01830	0.0990	pay 0.0495% / 4h	3h 30m	$429K	$146K	25x
Short	MEXC DYM_USDT	0.01828	0.0100	get 0.0050% / 4h	3h 30m	$1.2M	$718K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.109%Rate

Funding earned: −$186.9
Price spread: −0.109% → −0.081%: −$2.81
Slippage, 4 orders: −$1,524.74
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$1,730.45
Costs to cover: 15.407%
Break-even: never at this rate

Slippage from KuCoin: live order book, 12 min ago; MEXC: live order book, 2 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, 12 min ago	19.17 bp	745.8 bp −$746	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	5.48 bp	16.1 bp −$16	73.6 bp −$736	211.6 bp −$21.2K	497.8 bp −$248.9K

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	0.01823	−0.386%	$250	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.120%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01827	−0.164%	$366K	$261K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01829	−0.038%	$75K	$6K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01829	−0.055%	$2.4M	$4.9M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01826	−0.219%	$779K	$390K	25x	as long as short
Gate DYM_USDT	+0.0100%	4h	0.01830	0.000%	$137K	$168K	25x	as long as short
MEXC DYM_USDTshort	+0.0100%	4h	0.01828	−0.109%	$1.2M	$718K	20x
Bitget DYMUSDT	+0.0100%	4h	0.01829	−0.055%	$400K	$193K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01825	−0.273%	—	$12.6M	—	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	0.01823	−0.357%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01828	−0.124%	$4K	$263K	5x	as long as short
KuCoin DYMUSDTMlong	+0.0990%	4h	0.01830	long leg	$429K	$146K	25x
Kraken Futures PF_DYMUSD	+0.2267%	1h	0.01833	+0.188%	$14K	$5K	10x	as long as short