Funding you earn now, next payment 06:00 UTC+0.0053%/8h= +5.8% APRpaid last 24h +0.008%
Price spread now: OKX against Injective+0.318%48s7-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 OKX is 0.318% dearer against Injective than usual: you sell high and buy low: +$32 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 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 34s | $707 | $6K | 12x |
| Short | OKX DKNG-USDT-SWAP | 22.060 | 0.0086 | get 0.0086% / 8h | 2h 50m | $114K | $115K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $11.11
- Price spread: +0.318% → 0.000%
- $31.83
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $32.92
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; OKX: live order book, 59 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 OKX live order book, 59 min ago | 4.53 bp | 51.6 bp −$52 | 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 | 22.065 | +0.339% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.040 | +0.227% | $77K | $69K | 25x | as long as short |
| Gate DKNG_USDT | 0.0000% | 8h | 22.109 | +0.541% | $110K | $7K | 20x | as long as short |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.054 | +0.291% | $125K | $68K | 20x | as long as short |
| SunX DKNG-USDT | 0.0000% | 8h | 22.060 | +0.318% | $1K | $676K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.060 | +0.318% | $6K | $4K | 10x | as long as short |
| Injective DKNG/USDC PERPlong | +0.0033% | 1h | 21.990 | long leg | $707 | $6K | 12x | |
| tradeXYZ xyz:DKNG | +0.0050% | 1h | 22.100 | +0.500% | $1.8M | $2.1M | 10x | as long as short |
| OKX DKNG-USDT-SWAPshort | +0.0086% | 8h | 22.060 | +0.318% | $114K | $115K | 20x | |
| KuCoin DKNGUSDTM | +0.0234% | 8h | 22.080 | +0.409% | $90K | $382K | 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 | +0.0363% | 8h | 22.066 | +0.346% | $78K | $51K | — | as long as short |
| Binance DKNGUSDT | +0.0434% | 8h | 22.070 | +0.364% | $295K | $633K | 20x | as long as short |
Injective DKNG/USDC PERP
OKX DKNG-USDT-SWAP
Aster DKNGUSDT
Bybit DKNGUSDT
Gate DKNG_USDT
Bitget DKNGUSDT
SunX DKNG-USDT
HTX DKNG-USDT
tradeXYZ xyz:DKNG
KuCoin DKNGUSDTM
Variational Omni DKNG
Binance DKNGUSDT