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

DKNG

RWAall DKNG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.105%
Price spread now: Binance against Bybit+0.136%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.125%+$12 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.136% dearer against Bybit than usual: you sell high and buy low, +$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DKNGUSDT22.1300get 0.0000% / 8h3h 24m$78K$90K25x
ShortBinance DKNGUSDT22.1600get 0.0000% / 8h3h 24m$301K$609K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$0
Price spread: +0.136% → 0.000%
$13.56
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$7.44
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Bybit: no order-book sample; Binance: live order book, 46 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit no order-book sample
Sell Binance live order book, 46 min ago6.77 bp38.2 bp −$38119.1 bp −$1,191doesn't fitdoesn't fit
Bybit: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DKNGUSDT0.0000%8h22.148+0.082%$1K$13320xas long as short
Binance DKNGUSDTshort0.0000%8h22.160+0.136%$301K$609K20x
Bybit DKNGUSDTlong0.0000%8h22.130long leg$78K$90K25x
OKX DKNG-USDT-SWAP0.0000%8h22.190+0.271%$115K$96K20xas long as short
Gate DKNG_USDT0.0000%8h22.159+0.131%$109K$9K20xas long as short
Bitget DKNGUSDT0.0000%8h22.132+0.009%$127K$58K20xas long as short
Variational Omni DKNG0.0000%8h22.165+0.159%$77K$51Kas long as short
SunX DKNG-USDT0.0000%8h22.160+0.136%$931$573K10xas long as short
HTX DKNG-USDT0.0000%8h22.170+0.181%$6K$4K10xas long as short
Injective DKNG/USDC PERP+0.0033%1h21.990−0.633%$707$6K12xas long as short
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DKNGUSDTM+0.0922%8h22.220+0.407%$90K$654K20xas long as short
tradeXYZ xyz:DKNG+0.1270%1h22.168+0.172%$1.8M$2.1M10xas long as short