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+0.0373%/8h= +40.8% APRnext payment +$3.73 per $10,000 · paid last 24h +0.094%
Price spread now: Binance against HTX+0.182%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Binance is 0.182% dearer against HTX than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX DKNG-USDT22.0200get 0.0000% / 8h2h 36m$6K$4K10x
ShortBinance DKNGUSDT22.0600.0373get 0.0373% / 8h2h 36m$295K$632K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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
$78.27
Price spread: +0.182% → 0.000%
$18.17
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
$74.43
Costs to cover
0.220%
Break-even
0.3 days
Slippage unknown: HTX: no order-book sample; Binance: live order book, 70 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 HTX no order-book sample
Sell Binance live order book, 70 min ago4.52 bp14.0 bp −$14134.9 bp −$1,349doesn't fitdoesn't fit
HTX: 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
tradeXYZ xyz:DKNG−0.0024%1h22.096+0.345%$1.8M$2.1M10xas long as short
Aster DKNGUSDT0.0000%8h22.060+0.181%$1K$11K20xas long as short
Bybit DKNGUSDT0.0000%8h22.040+0.091%$77K$69K25xas long as short
Gate DKNG_USDT0.0000%8h22.104+0.381%$110K$8K20xas long as short
Bitget DKNGUSDT0.0000%8h22.054+0.154%$125K$67K20xas long as short
SunX DKNG-USDT0.0000%8h22.070+0.227%$863$665K10xas long as short
HTX DKNG-USDTlong0.0000%8h22.020long leg$6K$4K10x
Injective DKNG/USDC PERP+0.0033%1h21.990−0.136%$707$6K12xas long as short
OKX DKNG-USDT-SWAP+0.0051%8h22.070+0.227%$114K$110K20xas long as short
KuCoin DKNGUSDTM+0.0177%8h22.070+0.227%$90K$378K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni DKNG+0.0316%8h22.067+0.215%$78K$51Kas long as short
Binance DKNGUSDTshort+0.0373%8h22.060+0.182%$295K$632K20x