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 06:00 UTC−0.0253%/8h= −27.7% APRpaid last 24h −0.079%
Price spread now: tradeXYZ against KuCoin+0.072%7-day average −0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$699as in the Funding arb table
Net, price: spread back to 7d avg − costs−$645as in the Price arb table
costs, in and out, $10k−$6636.629% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.361%−$36 on $10k
Price spread, last 4 days (all we have)−0.278%−$28 · spread now +0.072%, 7d avg −0.107%
Together, before fees−0.639%+ Points / potential airdroptradeXYZ: Active · farm board−$64 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.179% dearer against KuCoin than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of −0.107%): +$18 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 2.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DKNGUSDTM22.0800.0214pay 0.0214% / 8h2h 45m$90K$380K20x
ShorttradeXYZ xyz:DKNG22.096−0.0039pay 0.0005% / 1h45m 38s$1.8M$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$53.11
Price spread: +0.072% → −0.107%
$17.91
Slippage, 4 orders
−$632.86
Fee KuCoin: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$698.06
Costs to cover
6.629%
Break-even
never at this rate
Slippage from KuCoin: live order book, 12 min ago; tradeXYZ: live order book, 2 min ago.

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, 12 min ago13.57 bp241.9 bp −$242doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 2 min ago1.58 bp15.1 bp −$15doesn't fitdoesn't fitdoesn't fit

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
tradeXYZ xyz:DKNGshort−0.0039%1h22.096+0.072%$1.8M$2.1M10x
Aster DKNGUSDT0.0000%8h22.063−0.077%$1K$11K20xas long as short
Bybit DKNGUSDT0.0000%8h22.040−0.181%$77K$69K25xas long as short
Gate DKNG_USDT0.0000%8h22.109+0.131%$110K$7K20xas long as short
Bitget DKNGUSDT0.0000%8h22.054−0.118%$125K$68K20xas long as short
SunX DKNG-USDT0.0000%8h22.060−0.091%$1K$675K10xas long as short
HTX DKNG-USDT0.0000%8h22.010−0.317%$6K$4K10xas long as short
Injective DKNG/USDC PERP+0.0033%1h21.990−0.408%$707$6K12xas long as short
OKX DKNG-USDT-SWAP+0.0073%8h22.060−0.091%$114K$115K20xas long as short
KuCoin DKNGUSDTMlong+0.0214%8h22.080long leg$90K$380K20x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni DKNG+0.0339%8h22.066−0.063%$78K$51Kas long as short
Binance DKNGUSDT+0.0410%8h22.070−0.046%$295K$633K20xas long as short