Settings8H · net · $10k
Funding arb · Price arb /

DYM

all DYM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1162%/8h= +127.2% APRnext payment +$5.81 per $10,000 · paid last 24h +0.204%
Price spread now: KuCoin against MEXC+0.160%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,743as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,794as in the Price arb table
costs, in and out, $10k−$1,80218.018% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.591%+$59 on $10k
Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.160%, 7d avg +0.081%
Together, before fees+0.479%+$48 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and KuCoin is 0.079% dearer against MEXC than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.081%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.591% in total (about 30.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.81 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC DYM_USDT0.018750.0100pay 0.0050% / 4h1h 17m$1.2M$573K20x
ShortKuCoin DYMUSDTM0.018780.1262get 0.0631% / 4h1h 17m$434K$124K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$244.02
Price spread: +0.160% → +0.081%
$7.87
Slippage, 4 orders
−$1,785.79
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,549.9
Costs to cover
18.018%
Break-even
51.5 days
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 3 min ago2.68 bp20.2 bp −$20118.1 bp −$1,181202.0 bp −$20.2K463.8 bp −$231.9K
Sell KuCoin live order book, 25 min ago32.61 bp913.8 bp −$914doesn't fitdoesn't fitdoesn't fit

DYM on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX DYM-USD+0.0004%1h0.01874−0.070%$2575xas long as short
Injective DYM/USDC PERP+0.0033%1h0.01718−8.373%$237$12K5.5xas long as short
Hyperliquid DYM+0.0100%1h0.018750.000%$381K$240K3xas long as short
Aster DYMUSDT+0.0100%4h0.01876+0.071%$77K$7K5xas long as short
Binance DYMUSDT+0.0100%4h0.01874−0.072%$2.4M$4.5M10xas long as short
Bybit DYMUSDT+0.0100%4h0.01871−0.187%$785K$518K25xas long as short
Gate DYM_USDT+0.0100%4h0.01880+0.267%$159K$99K25xas long as short
MEXC DYM_USDTlong+0.0100%4h0.01875long leg$1.2M$573K20x
Bitget DYMUSDT+0.0100%4h0.01876+0.053%$410K$162K25xas long as short
BingX DYM-USDT+0.0100%4h0.01876+0.053%$16.1Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni DYM+0.0100%4h0.01868−0.391%$9K$5Kas long as short
Extended DYM-USD+0.0104%1h0.01876+0.029%$1K$144K5xas long as short
KuCoin DYMUSDTMshort+0.1262%4h0.01878+0.160%$434K$124K25x
Kraken Futures PF_DYMUSD+0.4014%1h0.01882+0.398%$15K$4K10xas long as short