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 07:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.198%
Price spread now: Injective against KuCoin−0.272%55s7-day average · you buy dearer than you sell
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 feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.272% cheaper against KuCoin than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DKNGUSDTM22.0500.0100pay 0.0100% / 8h1h 50m$92K$378K20x
ShortInjective DKNG/USDC PERP21.9900.0033get 0.0004% / 1h50m 23s$707$6K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: −0.272% → 0.000%
−$27.21
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$53.23
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 67 min ago; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 67 min ago13.57 bp241.9 bp −$242doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
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%8h22.094+0.199%$1K$11K20xas long as short
Bybit DKNGUSDT0.0000%8h22.110+0.272%$80K$72K25xas long as short
Gate DKNG_USDT0.0000%8h22.115+0.295%$110K$8K20xas long as short
Bitget DKNGUSDT0.0000%8h22.092+0.190%$126K$65K20xas long as short
SunX DKNG-USDT0.0000%8h22.120+0.317%$1K$659K10xas long as short
HTX DKNG-USDT0.0000%8h22.120+0.317%$6K$4K10xas long as short
Injective DKNG/USDC PERPshort+0.0033%1h21.990−0.272%$707$6K12x
OKX DKNG-USDT-SWAP+0.0045%8h22.110+0.272%$115K$107K20xas long as short
KuCoin DKNGUSDTMlong+0.0100%8h22.050long leg$92K$378K20x
Variational Omni DKNG+0.0161%8h22.121+0.324%$78K$51Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DKNGUSDT+0.0265%8h22.120+0.317%$297K$615K20xas long as short
tradeXYZ xyz:DKNG+0.0287%1h22.129+0.358%$1.8M$2.1M10xas long as short