Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.68 per $10,000 · paid last 24h +0.018%
Price spread now: OKX against Gate−0.018%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1751.752% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.018%, 7d avg −0.002%
=The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate DKNG_USDT | 22.064 | 0 | get 0.0000% / 8h | 39m 41s | $109K | $8K | 20x |
| Short | OKX DKNG-USDT-SWAP | 22.060 | 0.0068 | get 0.0068% / 8h | 39m 41s | $115K | $107K | 20x |
Gate DKNG_USDT
OKX DKNG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $14.24
- Price spread: −0.018% → −0.002%
- −$1.62
- Slippage, 4 orders
- −$150.25
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$162.63
- Costs to cover
- 1.752%
- Break-even
- 86.9 days
Slippage from Gate: live order book, 55 min ago; OKX: live order book, 60 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, 55 min ago | 30.14 bp | 69.1 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 60 min ago | 9.05 bp | 44.4 bp −$44 | 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 | 22.047 | −0.079% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.060 | −0.018% | $83K | $78K | 25x | as long as short |
| Gate DKNG_USDTlong | 0.0000% | 8h | 22.064 | long leg | $109K | $8K | 20x | |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.036 | −0.127% | $126K | $61K | 20x | as long as short |
| SunX DKNG-USDT | 0.0000% | 8h | 22.060 | −0.018% | $1K | $610K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.010 | −0.245% | $6K | $4K | 10x | as long as short |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.335% | $707 | $6K | 12x | as long as short |
| Variational Omni DKNG | +0.0045% | 8h | 22.061 | −0.015% | $78K | $51K | — | as long as short |
| tradeXYZ xyz:DKNG | +0.0050% | 1h | 22.080 | +0.073% | $1.8M | $2.1M | 10x | as long as short |
| OKX DKNG-USDT-SWAPshort | +0.0068% | 8h | 22.060 | −0.018% | $115K | $107K | 20x |
Aster DKNGUSDT
Bybit DKNGUSDT
Bitget DKNGUSDT
SunX DKNG-USDT
HTX DKNG-USDT
Injective DKNG/USDC PERP
Variational Omni DKNG
tradeXYZ xyz:DKNGShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DKNGUSDTM | +0.0100% | 8h | 22.060 | −0.018% | $91K | $372K | 20x | as long as short |
| Binance DKNGUSDT | +0.0164% | 8h | 22.057 | −0.031% | $294K | $615K | 20x | as long as short |
KuCoin DKNGUSDTM
Binance DKNGUSDT