Settings8H · net · $10k
Funding arb · Price arb /

DKNG

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.010%
Price spread now: SunX against Injective+0.409%61s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. SunX is 0.409% dearer against Injective than usual: you sell high and buy low (spread +0.409% now, against zero (this spread has no 7-day history yet)): +$41 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 41 days. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective DKNG/USDC PERP21.9900.0033pay 0.0004% / 1h21m 55s$707$6K12x
ShortSunX DKNG-USDT22.0800get 0.0000% / 8h4h 21m$980$692K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Injective. 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
−$7
Price spread: +0.409% → 0.000%
$40.93
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SunX: 4 bp × 2 orders
−$8
Net
$25.91
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; SunX: 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 Injective no order-book sample
Sell SunX live order book, 70 min ago49.75 bp129.6 bp −$130doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DKNGUSDT0.0000%8h22.089+0.452%$1K$11K20xas long as short
Bybit DKNGUSDT0.0000%8h22.060+0.318%$81K$67K25xas long as short
Gate DKNG_USDT0.0000%8h22.113+0.559%$110K$7K20xas long as short
Bitget DKNGUSDT0.0000%8h22.073+0.377%$125K$68K20xas long as short
SunX DKNG-USDTshort0.0000%8h22.080+0.409%$980$692K10x
HTX DKNG-USDT0.0000%8h22.060+0.318%$6K$4K10xas long as short
Injective DKNG/USDC PERPlong+0.0033%1h21.990long leg$707$6K12x
OKX DKNG-USDT-SWAP+0.0104%8h22.030+0.182%$113K$114K20xas long as short
KuCoin DKNGUSDTM+0.0425%8h22.090+0.455%$90K$386K20xas long as short
tradeXYZ xyz:DKNG+0.0499%1h22.107+0.532%$1.8M$2.1M10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni DKNG+0.0529%8h22.086+0.436%$78K$51Kas long as short
Binance DKNGUSDT+0.0583%8h22.087+0.442%$285K$638K20xas long as short