Funding you earn now, next payment 08:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.86 per $10,000 · paid last 24h −0.190%
Price spread now: OKX against KuCoin+0.091%7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$734as in the Funding arb table
Net, price: spread back to 7d avg − costs−$662as in the Price arb table
costs, in and out, $10k−$6786.781% of the position
Funding, last 7 days−0.560%−$56 on $10k
+Price spread, last 4 days (all we have)−0.282%−$28 · spread now +0.091%, 7d avg −0.070%
=The price spread pays, funding is against you. OKX is 0.161% dearer against KuCoin than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of −0.070%): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.2 days. At the pace of the last 7 days (−0.560% in total) that is about 2.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DKNGUSDTM | 22.020 | 0.0100 | pay 0.0100% / 8h | 2h 04m | $91K | $378K | 20x |
| Short | OKX DKNG-USDT-SWAP | 22.040 | 0.0014 | get 0.0014% / 8h | 2h 04m | $114K | $107K | 20x |
KuCoin DKNGUSDTM
OKX DKNG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$18.03
- Price spread: +0.091% → −0.070%
- $16.06
- Slippage, 4 orders
- −$656.14
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$680.11
- Costs to cover
- 6.781%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 53 min ago; OKX: live order book, 40 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, 53 min ago | 13.57 bp | 241.9 bp −$242 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 40 min ago | 9.07 bp | 41.8 bp −$42 | 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 | 22.070 | +0.225% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.080 | +0.272% | $78K | $69K | 25x | as long as short |
| Gate DKNG_USDT | 0.0000% | 8h | 22.095 | +0.341% | $109K | $8K | 20x | as long as short |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.054 | +0.154% | $125K | $65K | 20x | as long as short |
| SunX DKNG-USDT | 0.0000% | 8h | 22.090 | +0.318% | $983 | $659K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.080 | +0.272% | $6K | $4K | 10x | as long as short |
| OKX DKNG-USDT-SWAPshort | +0.0014% | 8h | 22.040 | +0.091% | $114K | $107K | 20x | |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.136% | $707 | $6K | 12x | as long as short |
| tradeXYZ xyz:DKNG | +0.0050% | 1h | 22.096 | +0.345% | $1.8M | $2.1M | 10x | as long as short |
| KuCoin DKNGUSDTMlong | +0.0100% | 8h | 22.020 | long leg | $91K | $378K | 20x |
Aster DKNGUSDT
Bybit DKNGUSDT
Gate DKNG_USDT
Bitget DKNGUSDT
SunX DKNG-USDT
HTX DKNG-USDT
Injective DKNG/USDC PERP
tradeXYZ xyz:DKNGShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DKNG | +0.0168% | 8h | 22.086 | +0.300% | $78K | $51K | — | as long as short |
| Binance DKNGUSDT | +0.0255% | 8h | 22.090 | +0.316% | $296K | $611K | 20x | as long as short |
Variational Omni DKNG
Binance DKNGUSDT