Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.10 per $10,000 · paid last 24h −0.018%
Price spread now: Bitget against OKX−0.244%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2062.056% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)+0.409%+$41 · spread now −0.244%, 7d avg −0.090%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Bitget is 0.154% cheaper against OKX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.090%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DKNG-USDT-SWAP | 22.120 | 0.0010 | pay 0.0010% / 8h | 3h 30m | $114K | $116K | 20x |
| Short | Bitget DKNGUSDT | 22.066 | 0 | get 0.0000% / 8h | 3h 30m | $125K | $68K | 20x |
OKX DKNG-USDT-SWAP
Bitget DKNGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- −$2.16
- Price spread: −0.244% → −0.090%
- −$15.41
- Slippage, 4 orders
- −$183.57
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$223.14
- Costs to cover
- 2.056%
- Break-even
- never at this rate
Slippage from OKX: live order book, 19 min ago; Bitget: live order book, 14 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 OKX live order book, 19 min ago | 4.53 bp | 76.5 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 14 min ago | 7.93 bp | 32.1 bp −$32 | 78.9 bp −$789 | 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 | 22.101 | −0.085% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.090 | −0.136% | $81K | $66K | 25x | as long as short |
| Gate DKNG_USDT | 0.0000% | 8h | 22.134 | +0.063% | $110K | $7K | 20x | as long as short |
| Bitget DKNGUSDTshort | 0.0000% | 8h | 22.066 | −0.244% | $125K | $68K | 20x | |
| SunX DKNG-USDT | 0.0000% | 8h | 22.120 | 0.000% | $1K | $694K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.160 | +0.181% | $6K | $4K | 10x | as long as short |
| OKX DKNG-USDT-SWAPlong | +0.0010% | 8h | 22.120 | long leg | $114K | $116K | 20x | |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.588% | $707 | $6K | 12x | as long as short |
| KuCoin DKNGUSDTM | +0.0226% | 8h | 22.080 | −0.181% | $89K | $387K | 20x | as long as short |
| Variational Omni DKNG | +0.0310% | 8h | 22.121 | +0.005% | $78K | $51K | — | as long as short |
Aster DKNGUSDT
Bybit DKNGUSDT
Gate DKNG_USDT
SunX DKNG-USDT
HTX DKNG-USDT
Injective DKNG/USDC PERP
KuCoin DKNGUSDTM
Variational Omni DKNGShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DKNGUSDT | +0.0383% | 8h | 22.100 | −0.090% | $286K | $633K | 20x | as long as short |
| tradeXYZ xyz:DKNG | +0.0462% | 1h | 22.138 | +0.081% | $1.8M | $2.1M | 10x | as long as short |
Binance DKNGUSDT
tradeXYZ xyz:DKNG