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

DKNG

RWAall DKNG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0976%/8h= −106.9% APRnext payment $9.76 per $10,000 · paid last 24h −0.094%
Price spread now: HTX against Binance−0.066%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and HTX is 0.066% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance DKNGUSDT22.0850.0976pay 0.0976% / 8h6h 42m$269K$624K20x
ShortHTX DKNG-USDT22.0700get 0.0000% / 8h6h 42m$6K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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
−$204.96
Price spread: −0.066% → 0.000%
−$6.61
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$233.57
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 50 min ago; HTX: no order-book sample. 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 Binance live order book, 50 min ago4.53 bp23.1 bp −$23119.9 bp −$1,199doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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 DKNGUSDT0.0000%8h22.076−0.037%$1K$11K20xas long as short
Bybit DKNGUSDT0.0000%8h22.050−0.157%$80K$67K25xas long as short
Gate DKNG_USDT0.0000%8h22.107+0.101%$110K$5K20xas long as short
Bitget DKNGUSDT0.0000%8h22.111+0.120%$124K$67K20xas long as short
SunX DKNG-USDT0.0000%8h22.100+0.070%$1K$685K10xas long as short
HTX DKNG-USDTshort0.0000%8h22.070−0.066%$6K$3K10x
Injective DKNG/USDC PERP+0.0033%1h21.990−0.428%$707$6K12xas long as short
OKX DKNG-USDT-SWAP+0.0258%8h22.090+0.024%$113K$113K20xas long as short
tradeXYZ xyz:DKNG+0.0312%1h22.108+0.106%$1.7M$2.1M10xas long as short
Variational Omni DKNG+0.0927%8h22.102+0.077%$78K$51Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DKNGUSDTlong+0.0976%8h22.085long leg$269K$624K20x
KuCoin DKNGUSDTM+0.1245%8h22.060−0.111%$90K$410K20xas long as short