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

DKNG

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.010%
Price spread now: Injective against Gate−0.362%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 0.362% cheaper against Gate than usual: you would sell low and buy high (spread −0.362% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$36 on $10k: about 36 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate DKNG_USDT22.0700get 0.0000% / 8h41m 18s$109K$8K20x
ShortInjective DKNG/USDC PERP21.9900.0033get 0.0004% / 1h41m 18s$707$6K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Gate. 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: −0.362% → 0.000%
−$36.25
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$44.27
Costs to cover
0.150%
Break-even
51.3 days
Slippage unknown: Gate: live order book, 54 min ago; 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 Gate live order book, 54 min ago30.14 bp69.1 bp −$69doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
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 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%8h22.051−0.085%$1K$11K20xas long as short
Bybit DKNGUSDT0.0000%8h22.080+0.045%$83K$78K25xas long as short
Gate DKNG_USDTlong0.0000%8h22.070long leg$109K$8K20x
Bitget DKNGUSDT0.0000%8h22.054−0.072%$126K$61K20xas long as short
SunX DKNG-USDT0.0000%8h22.060−0.045%$1K$610K10xas long as short
HTX DKNG-USDT0.0000%8h22.010−0.272%$6K$4K10xas long as short
Injective DKNG/USDC PERPshort+0.0033%1h21.990−0.362%$707$6K12x
tradeXYZ xyz:DKNG+0.0050%1h22.080+0.045%$1.8M$2.1M10xas long as short
Variational Omni DKNG+0.0056%8h22.061−0.042%$78K$51Kas long as short
OKX DKNG-USDT-SWAP+0.0070%8h22.060−0.045%$115K$107K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DKNGUSDTM+0.0100%8h22.060−0.045%$91K$372K20xas long as short
Binance DKNGUSDT+0.0168%8h22.064−0.026%$294K$614K20xas long as short