Funding you earn now, next payment 06:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.010%
Price spread now: Bybit against Injective+0.227%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bybit is 0.227% dearer against Injective than usual: you sell high and buy low (spread +0.227% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 23 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective DKNG/USDC PERP | 21.990 | 0.0033 | pay 0.0004% / 1h | 36m 58s | $707 | $6K | 12x |
| Short | Bybit DKNGUSDT | 22.040 | 0 | get 0.0000% / 8h | 2h 36m | $77K | $69K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Injective. 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
- −$7
- Price spread: +0.227% → 0.000%
- $22.74
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $4.72
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bybit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Bybit no order-book sample | — | — | — | — | — |
Injective and 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:DKNG | −0.0031% | 1h | 22.096 | +0.482% | $1.8M | $2.1M | 10x | as long as short |
| Aster DKNGUSDT | 0.0000% | 8h | 22.060 | +0.319% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDTshort | 0.0000% | 8h | 22.040 | +0.227% | $77K | $69K | 25x | |
| Gate DKNG_USDT | 0.0000% | 8h | 22.104 | +0.518% | $110K | $8K | 20x | as long as short |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.054 | +0.291% | $125K | $67K | 20x | as long as short |
| SunX DKNG-USDT | 0.0000% | 8h | 22.070 | +0.364% | $863 | $665K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.020 | +0.136% | $6K | $4K | 10x | as long as short |
| Injective DKNG/USDC PERPlong | +0.0033% | 1h | 21.990 | long leg | $707 | $6K | 12x | |
| OKX DKNG-USDT-SWAP | +0.0051% | 8h | 22.070 | +0.364% | $114K | $110K | 20x | as long as short |
| KuCoin DKNGUSDTM | +0.0177% | 8h | 22.070 | +0.364% | $90K | $378K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DKNG | +0.0316% | 8h | 22.067 | +0.351% | $78K | $51K | — | as long as short |
| Binance DKNGUSDT | +0.0373% | 8h | 22.060 | +0.318% | $295K | $632K | 20x | as long as short |
Injective DKNG/USDC PERP
Bybit DKNGUSDT
tradeXYZ xyz:DKNG
Aster DKNGUSDT
Gate DKNG_USDT
Bitget DKNGUSDT
SunX DKNG-USDT
HTX DKNG-USDT
OKX DKNG-USDT-SWAP
KuCoin DKNGUSDTM
Variational Omni DKNG
Binance DKNGUSDT