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: SunX against KuCoin0.000%7-day average −0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$756as in the Funding arb table
Net, price: spread back to 7d avg − costs−$688as in the Price arb table
costs, in and out, $10k−$6986.984% of the position
Funding, last 7 days−0.577%−$58 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now 0.000%, 7d avg −0.099%
=The price spread pays, funding is against you. SunX is 0.099% dearer against KuCoin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.099%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.3 days. At the pace of the last 7 days (−0.577% in total) that is about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DKNGUSDTM | 22.060 | 0.0100 | pay 0.0100% / 8h | 49m 35s | $91K | $374K | 20x |
| Short | SunX DKNG-USDT | 22.060 | 0 | get 0.0000% / 8h | 49m 35s | $706 | $648K | 10x |
KuCoin DKNGUSDTM
SunX DKNG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: 0.000% → −0.099%
- $9.89
- Slippage, 4 orders
- −$678.36
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$709.47
- Costs to cover
- 6.984%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 53 min ago; SunX: live order book, 2 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 | 15.84 bp | 235.8 bp −$236 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 47.59 bp | 86.7 bp −$87 | 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 | 22.051 | −0.041% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.070 | +0.045% | $83K | $78K | 25x | as long as short |
| Gate DKNG_USDT | 0.0000% | 8h | 22.076 | +0.073% | $109K | $8K | 20x | as long as short |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.054 | −0.027% | $126K | $61K | 20x | as long as short |
| SunX DKNG-USDTshort | 0.0000% | 8h | 22.060 | 0.000% | $706 | $648K | 10x | |
| HTX DKNG-USDT | 0.0000% | 8h | 22.070 | +0.045% | $6K | $4K | 10x | as long as short |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.317% | $707 | $6K | 12x | as long as short |
| tradeXYZ xyz:DKNG | +0.0050% | 1h | 22.080 | +0.091% | $1.8M | $2.1M | 10x | as long as short |
| Variational Omni DKNG | +0.0061% | 8h | 22.061 | +0.003% | $78K | $51K | — | as long as short |
| OKX DKNG-USDT-SWAP | +0.0089% | 8h | 22.060 | 0.000% | $115K | $107K | 20x | as long as short |
Aster DKNGUSDT
Bybit DKNGUSDT
Gate DKNG_USDT
Bitget DKNGUSDT
HTX DKNG-USDT
Injective DKNG/USDC PERP
tradeXYZ xyz:DKNG
Variational Omni DKNG
OKX DKNG-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DKNGUSDTMlong | +0.0100% | 8h | 22.060 | long leg | $91K | $374K | 20x | |
| Binance DKNGUSDT | +0.0183% | 8h | 22.060 | 0.000% | $294K | $626K | 20x | as long as short |
Binance DKNGUSDT