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

DKNG

RWAall DKNG markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0267%/8h= +29.2% APRnext payment +$0.33 per $10,000 · paid last 24h +0.066%
Price spread now: tradeXYZ against Injective+0.532%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and tradeXYZ is 0.532% dearer against Injective than usual: you sell high and buy low: +$53 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective DKNG/USDC PERP21.9900.0033pay 0.0004% / 1h39m 22s$707$6K12x
ShorttradeXYZ xyz:DKNG22.1070.0300get 0.0038% / 1h39m 22s$1.7M$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$56.04
Price spread: +0.532% → 0.000%
$53.21
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$91.22
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 8 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 tradeXYZ live order book, 8 min ago2.04 bp22.3 bp −$22doesn'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%8h22.088+0.445%$1K$11K20xas long as short
Bybit DKNGUSDT0.0000%8h22.130+0.637%$81K$67K25xas long as short
Gate DKNG_USDT0.0000%8h22.119+0.587%$110K$5K20xas long as short
Bitget DKNGUSDT0.0000%8h22.101+0.505%$124K$67K20xas long as short
SunX DKNG-USDT0.0000%8h22.100+0.500%$1K$687K10xas long as short
HTX DKNG-USDT0.0000%8h22.100+0.500%$6K$3K10xas long as short
Injective DKNG/USDC PERPlong+0.0033%1h21.990long leg$707$6K12x
OKX DKNG-USDT-SWAP+0.0253%8h22.090+0.455%$113K$113K20xas long as short
tradeXYZ xyz:DKNGshort+0.0300%1h22.107+0.532%$1.7M$2.1M10x
Variational Omni DKNG+0.0903%8h22.097+0.485%$78K$51Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DKNGUSDT+0.0962%8h22.120+0.592%$269K$624K20xas long as short
KuCoin DKNGUSDTM+0.1219%8h22.060+0.318%$90K$409K20xas long as short