Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against MEXC−0.108%7-day average +0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$111as in the Price arb table

costs, in and out, $10k−$960.958% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.108%, 7d avg +0.039%

Together, before fees+0.199%+$20 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.147% cheaper against MEXC than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC DYM_USDT	0.01853	0.0100	pay 0.0050% / 4h	3h 06m	$1.2M	$656K	20x
Short	Bitget DYMUSDT	0.01851	0.0100	get 0.0050% / 4h	3h 06m	$408K	$168K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXCbpFee BitgetbpOrdersPrice spread, now −0.108%Rate

Funding earned: $0
Price spread: −0.108% → +0.039%: −$14.72
Slippage, 4 orders: −$79.84
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$110.56
Costs to cover: 0.958%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Bitget: live order book, 59 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 MEXC live order book, 4 min ago	5.40 bp	12.7 bp −$13	76.5 bp −$765	193.1 bp −$19.3K	470.3 bp −$235.1K
Sell Bitget live order book, 59 min ago	8.15 bp	36.0 bp −$36	145.2 bp −$1,452	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	0.0000%	1h	0.01849	−0.232%	$253	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−7.285%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01849	−0.216%	$370K	$247K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01849	−0.222%	$76K	$5K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01851	−0.108%	$2.4M	$4.6M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01850	−0.146%	$788K	$426K	25x	as long as short
MEXC DYM_USDTlong	+0.0100%	4h	0.01853	long leg	$1.2M	$656K	20x
Bitget DYMUSDTshort	+0.0100%	4h	0.01851	−0.108%	$408K	$168K	25x
BingX DYM-USDT	+0.0100%	4h	0.01852	−0.054%	—	$24.7M	—	as long as short
Variational Omni DYM	+0.0100%	4h	0.01847	−0.340%	$9K	$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	0.01851	−0.134%	$1K	$288K	5x	as long as short
Gate DYM_USDT	+0.0178%	4h	0.01850	−0.162%	$147K	$111K	25x	as long as short
KuCoin DYMUSDTM	+0.0392%	4h	0.01852	−0.054%	$438K	$143K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.2416%	1h	0.01855	+0.102%	$15K	$5K	10x	as long as short