Funding you earn now, next payment 09:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h −0.008%
Price spread now: Injective against OKX−0.498%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 0.498% cheaper against OKX than usual: you would sell low and buy high (spread −0.498% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$50 on $10k: about 50 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DKNG-USDT-SWAP | 22.100 | 0 | get 0.0000% / 8h | 7h 01m | $115K | $101K | 20x |
| Short | Injective DKNG/USDC PERP | 21.990 | 0.0033 | get 0.0004% / 1h | 1m 24s | $707 | $6K | 12x |
OKX DKNG-USDT-SWAP
Injective DKNG/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $7
- Price spread: −0.498% → 0.000%
- −$49.77
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$52.79
- Costs to cover
- 0.100%
- Break-even
- 59.8 days
Slippage unknown: OKX: live order book, 28 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 28 min ago | 11.34 bp | 78.6 bp −$79 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DKNGUSDT | 0.0000% | 8h | 22.104 | +0.019% | $1K | $11K | 20x | as long as short |
| Binance DKNGUSDT | 0.0000% | 8h | 22.080 | −0.090% | $293K | $610K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.130 | +0.136% | $84K | $78K | 25x | as long as short |
| OKX DKNG-USDT-SWAPlong | 0.0000% | 8h | 22.100 | long leg | $115K | $101K | 20x | |
| Gate DKNG_USDT | 0.0000% | 8h | 22.093 | −0.032% | $109K | $9K | 20x | as long as short |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.071 | −0.131% | $126K | $60K | 20x | as long as short |
| Variational Omni DKNG | 0.0000% | 8h | 22.076 | −0.107% | $77K | $51K | — | as long as short |
| SunX DKNG-USDT | 0.0000% | 8h | 22.060 | −0.181% | $1K | $587K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.100 | 0.000% | $6K | $4K | 10x | as long as short |
| Injective DKNG/USDC PERPshort | +0.0033% | 1h | 21.990 | −0.498% | $707 | $6K | 12x |
Aster DKNGUSDT
Binance DKNGUSDT
Bybit DKNGUSDT
Gate DKNG_USDT
Bitget DKNGUSDT
Variational Omni DKNG
SunX DKNG-USDT
HTX DKNG-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DKNGUSDTM | +0.0100% | 8h | 22.080 | −0.090% | $89K | $444K | 20x | as long as short |
| tradeXYZ xyz:DKNG | +0.0659% | 1h | 22.080 | −0.090% | $1.8M | $2.1M | 10x | as long as short |
KuCoin DKNGUSDTM
tradeXYZ xyz:DKNG