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

DKNG

RWAall DKNG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.208%
Price spread now: KuCoin against Aster−0.145%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. KuCoin is 0.145% cheaper against Aster than usual: you would sell low and buy high (spread −0.145% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 4.8 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DKNGUSDT22.1020get 0.0000% / 8h7h 00m$1K$11K20x
ShortKuCoin DKNGUSDTM22.0700.0100get 0.0100% / 8h7h 00m$89K$445K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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
$21
Price spread: −0.145% → 0.000%
−$14.46
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$13.46
Costs to cover
0.200%
Break-even
11.5 days
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 23 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell KuCoin live order book, 23 min ago13.60 bp400.0 bp −$400doesn't fitdoesn't fitdoesn't fit
Aster: 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.

DKNG on 12 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
Aster DKNGUSDTlong0.0000%8h22.102long leg$1K$11K20x
Binance DKNGUSDT0.0000%8h22.070−0.145%$293K$610K20xas long as short
Bybit DKNGUSDT0.0000%8h22.100−0.009%$83K$78K25xas long as short
OKX DKNG-USDT-SWAP0.0000%8h22.100−0.009%$115K$101K20xas long as short
Gate DKNG_USDT0.0000%8h22.089−0.059%$109K$9K20xas long as short
Bitget DKNGUSDT0.0000%8h22.071−0.140%$126K$60K20xas long as short
Variational Omni DKNG0.0000%8h22.071−0.140%$77K$51Kas long as short
SunX DKNG-USDT0.0000%8h22.050−0.235%$1K$587K10xas long as short
HTX DKNG-USDT0.0000%8h22.100−0.009%$6K$4K10xas long as short
Injective DKNG/USDC PERP+0.0033%1h21.990−0.507%$707$6K12xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DKNGUSDTMshort+0.0100%8h22.070−0.145%$89K$445K20x
tradeXYZ xyz:DKNG+0.0646%1h22.074−0.126%$1.8M$2.1M10xas long as short