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 08:00 UTC+0.0178%/8h= +19.5% APRnext payment +$1.78 per $10,000 · paid last 24h +0.190%
Price spread now: KuCoin against OKX−0.045%7-day average +0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$630as in the Funding arb table
Net, price: spread back to 7d avg − costs−$697as in the Price arb table
costs, in and out, $10k−$6866.857% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.560%+$56 on $10k
Price spread, last 4 days (all we have)+0.270%+$27 · spread now −0.045%, 7d avg +0.072%
Together, before fees+0.830%+$83 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.117% cheaper against OKX than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of +0.072%). If the spread goes back, that is −$12 on $10k: about 2.2 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX DKNG-USDT-SWAP22.0800get 0.0000% / 8h3h 19m$114K$116K20x
ShortKuCoin DKNGUSDTM22.0700.0178get 0.0178% / 8h3h 19m$89K$387K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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
$37.38
Price spread: −0.045% → +0.072%
−$11.74
Slippage, 4 orders
−$663.69
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$660.05
Costs to cover
6.857%
Break-even
130.6 days
Slippage from OKX: live order book, 31 min ago; KuCoin: live order book, 53 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 OKX live order book, 31 min ago4.53 bp76.5 bp −$76doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 53 min ago13.62 bp278.7 bp −$279doesn'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
Aster DKNGUSDT0.0000%8h22.104+0.110%$1K$11K20xas long as short
Bybit DKNGUSDT0.0000%8h22.0800.000%$81K$66K25xas long as short
OKX DKNG-USDT-SWAPlong0.0000%8h22.080long leg$114K$116K20x
Gate DKNG_USDT0.0000%8h22.134+0.245%$110K$7K20xas long as short
Bitget DKNGUSDT0.0000%8h22.094+0.063%$125K$68K20xas long as short
SunX DKNG-USDT0.0000%8h22.110+0.136%$1K$692K10xas long as short
HTX DKNG-USDT0.0000%8h22.100+0.091%$6K$4K10xas long as short
Injective DKNG/USDC PERP+0.0033%1h21.990−0.408%$707$6K12xas long as short
KuCoin DKNGUSDTMshort+0.0178%8h22.070−0.045%$89K$387K20x
Variational Omni DKNG+0.0311%8h22.116+0.164%$78K$51Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DKNGUSDT+0.0378%8h22.110+0.136%$286K$633K20xas long as short
tradeXYZ xyz:DKNG+0.0410%1h22.133+0.240%$1.8M$2.1M10xas long as short