TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG20.86000.0000% / 8h4h 36m$213K$411K20xLong Binance
SHORT20.850+0.0050get 0.0006% / 1h36m 22s$18K$306K5xShort Ondo Perps5% off
Price gap−0.048%
Funding gap+0.0050% /8h

Both sides work: funding pays +$2 a day on $10k, and the gap is 0.112% above its 7d average: +$11 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$12+0.0050% /8h now · paid +0.116% over the last 7D
Price+$11spread −0.048% now, avg −0.160% → +0.112% if it goes back
Costs−$1011.010% of $10k · taker + slippage, in and out
Result−$78−0.78%+ Points / potential airdropOndo Perps: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.048%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

DKNG on 17 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Thin at this size37.9 / 13.9 bp
    At $10k entering Binance costs 37.9 bp, fee and slippage, 2.7× Ondo Perps’s.
  • Note: Margin at max leverage$500 + $2,000
    Binance 20x, Ondo Perps 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$1.51Long Binance: 3 payments, $0.00; short Ondo Perps: 24 payments, +$1.51.
  • OK: Entry gap works for you−0.048% vs −0.160%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$18K vs $213K OI
    Ondo Perps sets your exit cost. Check its book before closing.
  • OK: Points on a legOndo Perps points
    Volume here counts toward the points program.
  • Watch: KYCBinance Yes · Ondo Perps No
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0055%/8h × 21 periods+$11.63
Price spread−0.048% → −0.160% (7d avg)+$11.16
Slippage, 4 orderslive order books−$87.96
Fee Binance bp × 2 orders−$8.00
Fee Ondo Perps bp × 2 orders−$5.00
Net · 7 days · $10k−$78.17
Costs to cover1.010%Break-even54.1 days
Slippage: Binance: live order book, 50 min ago; Ondo Perps: live order book, 20 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance2.4037.9 bp−$38109.6 bp−$1,096doesn’t fitdoesn’t fit
SELL · SHORTOndo Perps8.8813.9 bp−$1472.6 bp−$726doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

DKNG news

posts that mention DKNG or DraftKings, from every exchangeSearch all news →
10-16 18:52Ondo PerpsListingNew perps across FX, equities, & crypto: ▸ EUR/USD - Euro / US Dollar ▸ DKNG - DraftKings ▸ SKHYNIX - SK hynix (KRX) ▸ LIT - Lighter ▸ NEAR - NEAR Protocol Trade now → @OndoPerps on X ↗
10-16 11:32Ondo PerpsListingnew market DKNG-USD.P ($DKNG) seen by our collector
09-29 09:26BloFinListingnew market DKNG-USDT ($DKNG) seen by our collector
09-29 04:16BloFinListingBloFin Futures will list the $BRKB-USDT, $BX-USDT, $KO-USDT, and $DKNG-USDT Perpetual Contracts 🫡 Trade to take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees Details: @BloFin_Official on X ↗
09-20 15:30KalshiOtherBREAKING: NY Times says DraftKings used AI to target bettors most likely to lose @Kalshi on X ↗
09-16 15:30GateListingGate Futures Meme Zone New Listing: $ALLINU 🔹 Trading Pair: $ALLINU / $USDT 🔹 Trading Starts: Now Open 🔹 Supports 1 – 10x Leverage, Bots and Copy Trading A representative stock-paired meme that emerged after StonkFun launched the trading pair for the DraftKings stock token ($DKNG) Trade $ALLINU: @Gate on X ↗