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 12:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.010%
Price spread now: Injective against Bybit−0.722%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Injective is 0.722% cheaper against Bybit than usual: you would sell low and buy high (spread −0.722% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$72 on $10k: about 2 months of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DKNGUSDT22.1500get 0.0000% / 8h4h 51m$81K$79K25x
ShortInjective DKNG/USDC PERP21.9900.0033get 0.0004% / 1h51m 20s$707$6K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$7
Price spread: −0.722% → 0.000%
−$72.23
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$76.25
Costs to cover
0.110%
Break-even
83.3 days
Slippage unknown: Bybit: no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample
Bybit and Injective: 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%8h22.178+0.126%$1K$13320xas long as short
Binance DKNGUSDT0.0000%8h22.159+0.043%$298K$610K20xas long as short
Bybit DKNGUSDTlong0.0000%8h22.150long leg$81K$79K25x
OKX DKNG-USDT-SWAP0.0000%8h22.140−0.045%$115K$102K20xas long as short
Gate DKNG_USDT0.0000%8h22.168+0.081%$109K$9K20xas long as short
Bitget DKNGUSDT0.0000%8h22.157+0.032%$127K$58K20xas long as short
Variational Omni DKNG0.0000%8h22.159+0.041%$77K$51Kas long as short
SunX DKNG-USDT0.0000%8h22.160+0.045%$911$584K10xas long as short
HTX DKNG-USDT0.0000%8h22.180+0.135%$6K$4K10xas long as short
Injective DKNG/USDC PERPshort+0.0033%1h21.990−0.722%$707$6K12x
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DKNGUSDTM+0.0118%8h22.210+0.271%$90K$563K20xas long as short
tradeXYZ xyz:DKNG+0.0812%1h22.167+0.077%$1.8M$2.1M10xas long as short