Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.208%
Price spread now: Gate against KuCoin+0.282%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$813as in the Funding arb table
Net, price: spread back to 7d avg − costs−$721as in the Price arb table
costs, in and out, $10k−$7557.551% of the position
Funding, last 7 days−0.577%−$58 on $10k
+Price spread, last 4 days (all we have)−0.345%−$34 · spread now +0.282%, 7d avg −0.063%
=The price spread pays, funding is against you. Gate is 0.344% dearer against KuCoin than usual: you sell high and buy low (spread +0.282% now, against its 7-day average of −0.063%): +$34 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.577% in total) that is about 4.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DKNGUSDTM | 22.010 | 0.0100 | pay 0.0100% / 8h | 20m 50s | $91K | $377K | 20x |
| Short | Gate DKNG_USDT | 22.072 | 0 | get 0.0000% / 8h | 20m 50s | $109K | $8K | 20x |
KuCoin DKNGUSDTM
Gate DKNG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$21
- Price spread: +0.282% → −0.063%
- $34.43
- Slippage, 4 orders
- −$728.06
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$741.63
- Costs to cover
- 7.551%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 12 min ago; Gate: live order book, 9 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, 12 min ago | 13.60 bp | 296.7 bp −$297 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 9 min ago | 24.74 bp | 35.2 bp −$35 | doesn't fit | 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 | 22.046 | +0.163% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.060 | +0.227% | $83K | $78K | 25x | as long as short |
| Gate DKNG_USDTshort | 0.0000% | 8h | 22.072 | +0.282% | $109K | $8K | 20x | |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.036 | +0.118% | $126K | $60K | 20x | as long as short |
| SunX DKNG-USDT | 0.0000% | 8h | 22.050 | +0.182% | $1K | $611K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.040 | +0.136% | $6K | $4K | 10x | as long as short |
| Variational Omni DKNG | +0.0004% | 8h | 22.056 | +0.209% | $78K | $51K | — | as long as short |
| OKX DKNG-USDT-SWAP | +0.0024% | 8h | 22.060 | +0.227% | $115K | $107K | 20x | as long as short |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.091% | $707 | $6K | 12x | as long as short |
| tradeXYZ xyz:DKNG | +0.0050% | 1h | 22.079 | +0.313% | $1.8M | $2.1M | 10x | as long as short |
Aster DKNGUSDT
Bybit DKNGUSDT
Bitget DKNGUSDT
SunX DKNG-USDT
HTX DKNG-USDT
Variational Omni DKNG
OKX DKNG-USDT-SWAP
Injective DKNG/USDC PERP
tradeXYZ xyz:DKNGShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DKNGUSDTMlong | +0.0100% | 8h | 22.010 | long leg | $91K | $377K | 20x | |
| Binance DKNGUSDT | +0.0117% | 8h | 22.050 | +0.182% | $295K | $616K | 20x | as long as short |
Binance DKNGUSDT