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

DKNG

RWAall DKNG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.208%
Price spread now: KuCoin against Bybit−0.181%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 7 days+0.577%+$58 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. KuCoin is 0.181% cheaper against Bybit than usual: you would sell low and buy high (spread −0.181% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 6.0 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.577% in total) that is about 2.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DKNGUSDT22.0700get 0.0000% / 8h14m 01s$83K$78K25x
ShortKuCoin DKNGUSDTM22.0300.0100get 0.0100% / 8h14m 01s$91K$384K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.181% → 0.000%
−$18.12
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$20.12
Costs to cover
0.230%
Break-even
13.7 days
Slippage unknown: Bybit: no order-book sample; KuCoin: live order book, 19 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 KuCoin live order book, 19 min ago13.60 bp356.3 bp −$356doesn't fitdoesn'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 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%8h22.046−0.108%$1K$11K20xas long as short
Bybit DKNGUSDTlong0.0000%8h22.070long leg$83K$78K25x
Gate DKNG_USDT0.0000%8h22.065−0.023%$109K$8K20xas long as short
Bitget DKNGUSDT0.0000%8h22.036−0.154%$126K$60K20xas long as short
Variational Omni DKNG0.0000%8h22.056−0.062%$78K$51Kas long as short
SunX DKNG-USDT0.0000%8h22.050−0.091%$1K$612K10xas long as short
HTX DKNG-USDT0.0000%8h22.050−0.091%$6K$4K10xas long as short
OKX DKNG-USDT-SWAP+0.0008%8h22.060−0.045%$115K$107K20xas long as short
Injective DKNG/USDC PERP+0.0033%1h21.990−0.362%$707$6K12xas long as short
tradeXYZ xyz:DKNG+0.0050%1h22.079+0.041%$1.8M$2.1M10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DKNGUSDTMshort+0.0100%8h22.030−0.181%$91K$384K20x
Binance DKNGUSDT+0.0106%8h22.050−0.091%$295K$616K20xas long as short