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 08:00 UTC−0.0432%/8h= −47.3% APRnext payment $4.32 per $10,000 · paid last 24h −0.208%
Price spread now: Bitget against KuCoin−0.131%7-day average −0.163% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,055as in the Funding arb table
Net, price: spread back to 7d avg − costs−$994as in the Price arb table
costs, in and out, $10k−$9979.973% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.577%−$58 on $10k
Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.131%, 7d avg −0.163%
Together, before fees−0.521%−$52 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.032% dearer against KuCoin than usual: you sell high and buy low (spread −0.131% now, against its 7-day average of −0.163%): +$3 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 6 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DKNGUSDTM22.0900.0432pay 0.0432% / 8h4h 24m$90K$386K20x
ShortBitget DKNGUSDT22.0610get 0.0000% / 8h4h 24m$125K$68K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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
−$90.72
Price spread: −0.131% → −0.163%
$3.18
Slippage, 4 orders
−$973.35
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$1,084.89
Costs to cover
9.973%
Break-even
never at this rate
Slippage from KuCoin: live order book, 58 min ago; Bitget: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 58 min ago6.80 bp575.6 bp −$576doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 25 min ago7.48 bp50.9 bp −$5178.4 bp −$784doesn't fitdoesn't fit

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%8h22.087−0.012%$1K$11K20xas long as short
Bybit DKNGUSDT0.0000%8h22.060−0.136%$81K$67K25xas long as short
Gate DKNG_USDT0.0000%8h22.113+0.104%$110K$7K20xas long as short
Bitget DKNGUSDTshort0.0000%8h22.061−0.131%$125K$68K20x
SunX DKNG-USDT0.0000%8h22.080−0.045%$813$692K10xas long as short
HTX DKNG-USDT0.0000%8h22.080−0.045%$6K$4K10xas long as short
Injective DKNG/USDC PERP+0.0033%1h21.990−0.453%$707$6K12xas long as short
OKX DKNG-USDT-SWAP+0.0109%8h22.030−0.272%$113K$114K20xas long as short
KuCoin DKNGUSDTMlong+0.0432%8h22.090long leg$90K$386K20x
tradeXYZ xyz:DKNG+0.0489%1h22.107+0.077%$1.8M$2.1M10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni DKNG+0.0529%8h22.086−0.018%$78K$51Kas long as short
Binance DKNGUSDT+0.0592%8h22.084−0.027%$285K$638K20xas long as short