Funding you earn now, next payment 08:00 UTC+0.0049%/8h= +5.3% APRnext payment +$0.49 per $10,000 · paid last 24h +0.018%
Price spread now: OKX against Bitget+0.073%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1401.401% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)−0.204%−$20 · spread now +0.073%, 7d avg +0.090%
=The price spread sits at its 7-day average of +0.090%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget DKNGUSDT | 22.054 | 0 | get 0.0000% / 8h | 2h 36m | $125K | $67K | 20x |
| Short | OKX DKNG-USDT-SWAP | 22.070 | 0.0049 | get 0.0049% / 8h | 2h 36m | $114K | $110K | 20x |
Bitget DKNGUSDT
OKX DKNG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $10.19
- Price spread: +0.073% → +0.090%
- −$1.71
- Slippage, 4 orders
- −$118.14
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$131.66
- Costs to cover
- 1.401%
- Break-even
- 97.4 days
Slippage from Bitget: live order book, 3 min ago; OKX: live order book, 9 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, 3 min ago | 15.41 bp | 26.3 bp −$26 | 57.0 bp −$570 | doesn't fit | doesn't fit |
| Sell OKX live order book, 9 min ago | 9.07 bp | 41.8 bp −$42 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:DKNG | −0.0011% | 1h | 22.096 | +0.190% | $1.8M | $2.1M | 10x | as long as short |
| Aster DKNGUSDT | 0.0000% | 8h | 22.059 | +0.022% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.040 | −0.063% | $77K | $69K | 25x | as long as short |
| Gate DKNG_USDT | 0.0000% | 8h | 22.105 | +0.231% | $110K | $8K | 20x | as long as short |
| Bitget DKNGUSDTlong | 0.0000% | 8h | 22.054 | long leg | $125K | $67K | 20x | |
| SunX DKNG-USDT | 0.0000% | 8h | 22.070 | +0.073% | $660 | $666K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.020 | −0.154% | $6K | $4K | 10x | as long as short |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.290% | $707 | $6K | 12x | as long as short |
| OKX DKNG-USDT-SWAPshort | +0.0049% | 8h | 22.070 | +0.073% | $114K | $110K | 20x | |
| KuCoin DKNGUSDTM | +0.0174% | 8h | 22.070 | +0.073% | $90K | $378K | 20x | as long as short |
tradeXYZ xyz:DKNG
Aster DKNGUSDT
Bybit DKNGUSDT
Gate DKNG_USDT
SunX DKNG-USDT
HTX DKNG-USDT
Injective DKNG/USDC PERP
KuCoin DKNGUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DKNG | +0.0316% | 8h | 22.067 | +0.060% | $78K | $51K | — | as long as short |
| Binance DKNGUSDT | +0.0369% | 8h | 22.060 | +0.027% | $295K | $632K | 20x | as long as short |
Variational Omni DKNG
Binance DKNGUSDT