Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.198%
Price spread now: KuCoin against Injective+0.273%55s7-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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.273% dearer against Injective than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| 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 | 50m 24s | $707 | $6K | 12x |
| Short | KuCoin DKNGUSDTM | 22.050 | 0.0100 | get 0.0100% / 8h | 1h 50m | $92K | $378K | 20x |
Injective DKNG/USDC PERP
KuCoin DKNGUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $14
- Price spread: +0.273% → 0.000%
- $27.29
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $29.27
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 67 min ago. 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 KuCoin live order book, 67 min ago | 13.57 bp | 368.3 bp −$368 | doesn't fit | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DKNGUSDT | 0.0000% | 8h | 22.094 | +0.472% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.110 | +0.546% | $80K | $72K | 25x | as long as short |
| Gate DKNG_USDT | 0.0000% | 8h | 22.115 | +0.568% | $110K | $8K | 20x | as long as short |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.092 | +0.464% | $126K | $65K | 20x | as long as short |
| SunX DKNG-USDT | 0.0000% | 8h | 22.120 | +0.591% | $1K | $659K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.120 | +0.591% | $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 | +0.0045% | 8h | 22.110 | +0.546% | $115K | $107K | 20x | as long as short |
| KuCoin DKNGUSDTMshort | +0.0100% | 8h | 22.050 | +0.273% | $92K | $378K | 20x | |
| Variational Omni DKNG | +0.0161% | 8h | 22.121 | +0.597% | $78K | $51K | — | as long as short |
Aster DKNGUSDT
Bybit DKNGUSDT
Gate DKNG_USDT
Bitget DKNGUSDT
SunX DKNG-USDT
HTX DKNG-USDT
OKX DKNG-USDT-SWAP
Variational Omni DKNGShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DKNGUSDT | +0.0265% | 8h | 22.120 | +0.591% | $297K | $615K | 20x | as long as short |
| tradeXYZ xyz:DKNG | +0.0287% | 1h | 22.129 | +0.632% | $1.8M | $2.1M | 10x | as long as short |
Binance DKNGUSDT
tradeXYZ xyz:DKNG