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
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%
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget DKNGUSDT | 22.061 | 0 | get 0.0000% / 8h | 4h 24m | $125K | $68K | 20x |
| Short | KuCoin DKNGUSDTM | 22.090 | 0.0432 | get 0.0432% / 8h | 4h 24m | $90K | $386K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 25 min ago | 7.48 bp | 48.6 bp −$49 | 56.9 bp −$569 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 58 min ago | 6.80 bp | 322.2 bp −$322 | doesn't fit | doesn't fit | doesn't fit |
DKNG on 12 venues
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 | 22.086 | +0.116% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.060 | −0.005% | $81K | $67K | 25x | as long as short |
| Gate DKNG_USDT | 0.0000% | 8h | 22.113 | +0.236% | $110K | $7K | 20x | as long as short |
| Bitget DKNGUSDTlong | 0.0000% | 8h | 22.061 | long leg | $125K | $68K | 20x | |
| SunX DKNG-USDT | 0.0000% | 8h | 22.080 | +0.086% | $813 | $691K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.080 | +0.086% | $6K | $4K | 10x | as long as short |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.322% | $707 | $6K | 12x | as long as short |
| OKX DKNG-USDT-SWAP | +0.0110% | 8h | 22.030 | −0.141% | $113K | $114K | 20x | as long as short |
| KuCoin DKNGUSDTMshort | +0.0432% | 8h | 22.090 | +0.131% | $90K | $386K | 20x | |
| tradeXYZ xyz:DKNG | +0.0492% | 1h | 22.107 | +0.209% | $1.8M | $2.1M | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DKNG | +0.0529% | 8h | 22.086 | +0.113% | $78K | $51K | — | as long as short |
| Binance DKNGUSDT | +0.0592% | 8h | 22.087 | +0.118% | $285K | $638K | 20x | as long as short |
Bitget DKNGUSDT
KuCoin DKNGUSDTM
Aster DKNGUSDT
Bybit DKNGUSDT
Gate DKNG_USDT
SunX DKNG-USDT
HTX DKNG-USDT
Injective DKNG/USDC PERP
OKX DKNG-USDT-SWAP
tradeXYZ xyz:DKNG
Variational Omni DKNG
Binance DKNGUSDT