Funding you earn now, next payment 08:00 UTC+0.0149%/8h= +16.3% APRnext payment +$1.49 per $10,000 · paid last 24h −0.114%
Price spread now: Binance against KuCoin−0.018%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,008as in the Funding arb table
Net, price: spread back to 7d avg − costs−$958as in the Price arb table
costs, in and out, $10k−$9629.618% of the position
Funding, last 7 days−0.463%−$46 on $10k
+Price spread, last 2 days (all we have)+0.001%$0 · spread now −0.018%, 7d avg −0.052%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.034% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.052%. Mind the row above: over the last 7 days funding on this pair cost −0.463%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DKNGUSDTM | 22.090 | 0.0412 | pay 0.0412% / 8h | 4h 18m | $90K | $386K | 20x |
| Short | Binance DKNGUSDT | 22.086 | 0.0561 | get 0.0561% / 8h | 4h 18m | $285K | $638K | 20x |
KuCoin DKNGUSDTM
Binance DKNGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $31.22
- Price spread: −0.018% → −0.052%
- $3.45
- Slippage, 4 orders
- −$939.81
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$927.14
- Costs to cover
- 9.618%
- Break-even
- 214.9 days
Slippage from KuCoin: live order book, 64 min ago; Binance: live order book, 43 min ago.
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 KuCoin live order book, 64 min ago | 6.80 bp | 575.6 bp −$576 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 43 min ago | 4.52 bp | 31.0 bp −$31 | 165.8 bp −$1,658 | doesn't fit | doesn't fit |
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 | 22.089 | −0.005% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.060 | −0.136% | $81K | $67K | 25x | as long as short |
| Gate DKNG_USDT | 0.0000% | 8h | 22.113 | +0.104% | $110K | $7K | 20x | as long as short |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.076 | −0.063% | $125K | $68K | 20x | as long as short |
| SunX DKNG-USDT | 0.0000% | 8h | 22.080 | −0.045% | $1K | $692K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.060 | −0.136% | $6K | $4K | 10x | as long as short |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.453% | $707 | $6K | 12x | as long as short |
| OKX DKNG-USDT-SWAP | +0.0101% | 8h | 22.030 | −0.272% | $113K | $114K | 20x | as long as short |
| KuCoin DKNGUSDTMlong | +0.0412% | 8h | 22.090 | long leg | $90K | $386K | 20x | |
| Variational Omni DKNG | +0.0502% | 8h | 22.086 | −0.017% | $78K | $51K | — | as long as short |
Aster DKNGUSDT
Bybit DKNGUSDT
Gate DKNG_USDT
Bitget DKNGUSDT
SunX DKNG-USDT
HTX DKNG-USDT
Injective DKNG/USDC PERP
OKX DKNG-USDT-SWAP
Variational Omni DKNGShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:DKNG | +0.0512% | 1h | 22.107 | +0.077% | $1.8M | $2.1M | 10x | as long as short |
| Binance DKNGUSDTshort | +0.0561% | 8h | 22.086 | −0.018% | $285K | $638K | 20x |
tradeXYZ xyz:DKNG