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

DKNG

RWAall DKNG markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0432%/8h= +47.3% APRnext payment +$4.32 per $10,000 · paid last 24h +0.208%
Price spread now: KuCoin against Bitget+0.131%7-day average +0.163% · you sell dearer than you buy
Net, funding: paid 7d − costs−$940as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,001as in the Price arb table
costs, in and out, $10k−$9979.973% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.577%+$58 on $10k
Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.131%, 7d avg +0.163%
Together, before fees+0.521%+$52 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.032% cheaper against Bitget than usual: you would sell low and buy high (spread +0.131% now, against its 7-day average of +0.163%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$13 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DKNGUSDT22.0610get 0.0000% / 8h4h 24m$125K$68K20x
ShortKuCoin DKNGUSDTM22.0900.0432get 0.0432% / 8h4h 24m$90K$386K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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
$90.72
Price spread: +0.131% → +0.163%
−$3.16
Slippage, 4 orders
−$973.35
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$909.79
Costs to cover
9.973%
Break-even
77.2 days
Slippage from Bitget: live order book, 25 min ago; KuCoin: live order book, 58 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 25 min ago7.48 bp48.6 bp −$4956.9 bp −$569doesn't fitdoesn't fit
Sell KuCoin live order book, 58 min ago6.80 bp322.2 bp −$322doesn't fitdoesn't fitdoesn't fit

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%8h22.086+0.116%$1K$11K20xas long as short
Bybit DKNGUSDT0.0000%8h22.060−0.005%$81K$67K25xas long as short
Gate DKNG_USDT0.0000%8h22.113+0.236%$110K$7K20xas long as short
Bitget DKNGUSDTlong0.0000%8h22.061long leg$125K$68K20x
SunX DKNG-USDT0.0000%8h22.080+0.086%$813$691K10xas long as short
HTX DKNG-USDT0.0000%8h22.080+0.086%$6K$4K10xas long as short
Injective DKNG/USDC PERP+0.0033%1h21.990−0.322%$707$6K12xas long as short
OKX DKNG-USDT-SWAP+0.0110%8h22.030−0.141%$113K$114K20xas long as short
KuCoin DKNGUSDTMshort+0.0432%8h22.090+0.131%$90K$386K20x
tradeXYZ xyz:DKNG+0.0492%1h22.107+0.209%$1.8M$2.1M10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni DKNG+0.0529%8h22.086+0.113%$78K$51Kas long as short
Binance DKNGUSDT+0.0592%8h22.087+0.118%$285K$638K20xas long as short