Funding you earn now, next payment 08:00 UTC−0.1279%/8h= −140.1% APRnext payment −$12.79 per $10,000 · paid last 24h −0.208%
Price spread now: Bybit against KuCoin+0.136%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.579%−$58 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bybit is 0.136% dearer against KuCoin than usual: you sell high and buy low (spread +0.136% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.579% in total) that is about 39 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.579% in total (about -30.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$12.79 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DKNGUSDTM | 22.080 | 0.1279 | pay 0.1279% / 8h | 6h 45m | $90K | $411K | 20x |
| Short | Bybit DKNGUSDT | 22.110 | 0 | get 0.0000% / 8h | 6h 45m | $81K | $67K | 25x |
KuCoin DKNGUSDTM
Bybit DKNGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$268.59
- Price spread: +0.136% → 0.000%
- $13.59
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$278
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 66 min ago; Bybit: no order-book sample. 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 KuCoin live order book, 66 min ago | 13.60 bp | 287.4 bp −$287 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit no order-book sample | — | — | — | — | — |
Bybit: 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 | 22.113 | +0.149% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDTshort | 0.0000% | 8h | 22.110 | +0.136% | $81K | $67K | 25x | |
| Gate DKNG_USDT | 0.0000% | 8h | 22.123 | +0.195% | $110K | $5K | 20x | as long as short |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.111 | +0.140% | $124K | $67K | 20x | as long as short |
| SunX DKNG-USDT | 0.0000% | 8h | 22.100 | +0.091% | $1K | $681K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.090 | +0.045% | $6K | $3K | 10x | as long as short |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.408% | $707 | $6K | 12x | as long as short |
| OKX DKNG-USDT-SWAP | +0.0269% | 8h | 22.120 | +0.181% | $113K | $113K | 20x | as long as short |
| tradeXYZ xyz:DKNG | +0.0313% | 1h | 22.113 | +0.149% | $1.7M | $2.1M | 10x | as long as short |
| Variational Omni DKNG | +0.0927% | 8h | 22.102 | +0.098% | $78K | $51K | — | as long as short |
Aster DKNGUSDT
Gate DKNG_USDT
Bitget DKNGUSDT
SunX DKNG-USDT
HTX DKNG-USDT
Injective DKNG/USDC PERP
OKX DKNG-USDT-SWAP
tradeXYZ xyz:DKNG
Variational Omni DKNGShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DKNGUSDT | +0.0988% | 8h | 22.109 | +0.132% | $269K | $623K | 20x | as long as short |
| KuCoin DKNGUSDTMlong | +0.1279% | 8h | 22.080 | long leg | $90K | $411K | 20x |
Binance DKNGUSDT