Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Variational Omni+0.039%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.039% dearer against Variational Omni than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni DYM	0.01840	0.0100	pay 0.0050% / 4h	3h 59m	$9K	$5K	—
Short	Bybit DYMUSDT	0.01840	0.0100	get 0.0050% / 4h	3h 59m	$780K	$474K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. 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 Variational OmnibpFee BybitbpOrdersPrice spread, now +0.039%Rate

Funding earned: $0
Price spread: +0.039% → 0.000%: $3.92
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$7.08
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 56 min ago. Net counts fees only.

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 Variational Omni no order-book sample	—	—	—	—	—
Sell Bybit live order book, 56 min ago	8.15 bp	140.1 bp −$140	doesn't fit	doesn't fit	doesn't fit

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	+0.0008%	1h	0.01840	+0.027%	$252	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.614%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01842	+0.126%	$370K	$232K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01842	+0.131%	$76K	$5K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01842	+0.126%	$2.4M	$4.4M	10x	as long as short
Bybit DYMUSDTshort	+0.0100%	4h	0.01840	+0.039%	$780K	$474K	25x
Gate DYM_USDT	+0.0100%	4h	0.01840	+0.018%	$146K	$86K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01843	+0.181%	$1.2M	$566K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01842	+0.126%	$405K	$150K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01842	+0.126%	—	$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 DYMlong	+0.0100%	4h	0.01840	long leg	$9K	$5K	—
Extended DYM-USD	+0.0104%	1h	0.01841	+0.098%	$1K	$288K	5x	as long as short
KuCoin DYMUSDTM	+0.0224%	4h	0.01843	+0.181%	$431K	$140K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.4097%	1h	0.01851	+0.613%	$15K	$4K	10x	as long as short