Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.208%
Price spread now: KuCoin against Gate+0.023%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$862as in the Funding arb table
Net, price: spread back to 7d avg − costs−$923as in the Price arb table
costs, in and out, $10k−$9209.197% of the position
Funding, last 7 days+0.577%+$58 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now +0.023%, 7d avg +0.061%
=Funding pays, the price is against you. KuCoin is 0.038% cheaper against Gate than usual: you would sell low and buy high (spread +0.023% now, against its 7-day average of +0.061%). If the spread goes back, that is −$4 on $10k: about 30 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.577% in total) that is about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate DKNG_USDT | 22.075 | 0 | get 0.0000% / 8h | 6h 57m | $109K | $9K | 20x |
| Short | KuCoin DKNGUSDTM | 22.080 | 0.0100 | get 0.0100% / 8h | 6h 57m | $89K | $447K | 20x |
Gate DKNG_USDT
KuCoin DKNGUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $21
- Price spread: +0.023% → +0.061%
- −$3.8
- Slippage, 4 orders
- −$892.68
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$902.49
- Costs to cover
- 9.197%
- Break-even
- 307.8 days
Slippage from Gate: live order book, 27 min ago; KuCoin: live order book, 26 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 Gate live order book, 27 min ago | 30.18 bp | 63.4 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 26 min ago | 13.60 bp | 400.0 bp −$400 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster DKNGUSDT | 0.0000% | 8h | 22.096 | +0.097% | $1K | $11K | 20x | as long as short |
| Binance DKNGUSDT | 0.0000% | 8h | 22.070 | −0.023% | $293K | $610K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.090 | +0.068% | $83K | $78K | 25x | as long as short |
| OKX DKNG-USDT-SWAP | 0.0000% | 8h | 22.050 | −0.113% | $115K | $100K | 20x | as long as short |
| Gate DKNG_USDTlong | 0.0000% | 8h | 22.075 | long leg | $109K | $9K | 20x | |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.071 | −0.018% | $126K | $59K | 20x | as long as short |
| Variational Omni DKNG | 0.0000% | 8h | 22.071 | −0.018% | $77K | $51K | — | as long as short |
| SunX DKNG-USDT | 0.0000% | 8h | 22.040 | −0.159% | $1K | $587K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 21.990 | −0.385% | $6K | $4K | 10x | as long as short |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.385% | $707 | $6K | 12x | as long as short |
Aster DKNGUSDT
Binance DKNGUSDT
Bybit DKNGUSDT
OKX DKNG-USDT-SWAP
Bitget DKNGUSDT
Variational Omni DKNG
SunX DKNG-USDT
HTX DKNG-USDT
Injective DKNG/USDC PERPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DKNGUSDTMshort | +0.0100% | 8h | 22.080 | +0.023% | $89K | $447K | 20x | |
| tradeXYZ xyz:DKNG | +0.0109% | 1h | 22.067 | −0.036% | $1.8M | $2.1M | 10x | as long as short |
tradeXYZ xyz:DKNG