Funding you earn now, next payment 12:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h −0.095%
Price spread now: Injective against Binance−0.793%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Funding pays, the price is against you. Injective is 0.793% cheaper against Binance than usual: you would sell low and buy high (spread −0.793% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$79 on $10k: about 3 months of funding at the current rate (+$1 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DKNGUSDT | 22.166 | 0 | get 0.0000% / 8h | 4h 52m | $299K | $614K | 20x |
| Short | Injective DKNG/USDC PERP | 21.990 | 0.0033 | get 0.0004% / 1h | 52m 13s | $707 | $6K | 12x |
Binance DKNGUSDT
Injective DKNG/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7
- Price spread: −0.793% → 0.000%
- −$79.31
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$82.33
- Costs to cover
- 0.100%
- Break-even
- 89.3 days
Slippage unknown: Binance: live order book, 33 min ago; Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 33 min ago | 4.51 bp | 30.1 bp −$30 | 127.3 bp −$1,273 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster DKNGUSDT | 0.0000% | 8h | 22.184 | +0.082% | $1K | $133 | 20x | as long as short |
| Binance DKNGUSDTlong | 0.0000% | 8h | 22.166 | long leg | $299K | $614K | 20x | |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.160 | −0.026% | $81K | $79K | 25x | as long as short |
| OKX DKNG-USDT-SWAP | 0.0000% | 8h | 22.120 | −0.207% | $115K | $102K | 20x | as long as short |
| Gate DKNG_USDT | 0.0000% | 8h | 22.168 | +0.010% | $109K | $9K | 20x | as long as short |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.153 | −0.058% | $127K | $58K | 20x | as long as short |
| Variational Omni DKNG | 0.0000% | 8h | 22.159 | −0.030% | $77K | $51K | — | as long as short |
| SunX DKNG-USDT | 0.0000% | 8h | 22.160 | −0.026% | $1K | $584K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.180 | +0.064% | $6K | $4K | 10x | as long as short |
| Injective DKNG/USDC PERPshort | +0.0033% | 1h | 21.990 | −0.793% | $707 | $6K | 12x |
Aster DKNGUSDT
Bybit DKNGUSDT
OKX DKNG-USDT-SWAP
Gate DKNG_USDT
Bitget DKNGUSDT
Variational Omni DKNG
SunX DKNG-USDT
HTX DKNG-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DKNGUSDTM | +0.0116% | 8h | 22.210 | +0.199% | $89K | $562K | 20x | as long as short |
| tradeXYZ xyz:DKNG | +0.0783% | 1h | 22.195 | +0.132% | $1.8M | $2.1M | 10x | as long as short |
KuCoin DKNGUSDTM
tradeXYZ xyz:DKNG