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
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%
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DKNG-USDT-SWAP | 22.080 | 0 | get 0.0000% / 8h | 3h 19m | $114K | $116K | 20x |
| Short | KuCoin DKNGUSDTM | 22.070 | 0.0178 | get 0.0178% / 8h | 3h 19m | $89K | $387K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 31 min ago | 4.53 bp | 76.5 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 53 min ago | 13.62 bp | 278.7 bp −$279 | 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 | 22.104 | +0.110% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.080 | 0.000% | $81K | $66K | 25x | as long as short |
| OKX DKNG-USDT-SWAPlong | 0.0000% | 8h | 22.080 | long leg | $114K | $116K | 20x | |
| Gate DKNG_USDT | 0.0000% | 8h | 22.134 | +0.245% | $110K | $7K | 20x | as long as short |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.094 | +0.063% | $125K | $68K | 20x | as long as short |
| SunX DKNG-USDT | 0.0000% | 8h | 22.110 | +0.136% | $1K | $692K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.100 | +0.091% | $6K | $4K | 10x | as long as short |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.408% | $707 | $6K | 12x | as long as short |
| KuCoin DKNGUSDTMshort | +0.0178% | 8h | 22.070 | −0.045% | $89K | $387K | 20x | |
| Variational Omni DKNG | +0.0311% | 8h | 22.116 | +0.164% | $78K | $51K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DKNGUSDT | +0.0378% | 8h | 22.110 | +0.136% | $286K | $633K | 20x | as long as short |
| tradeXYZ xyz:DKNG | +0.0410% | 1h | 22.133 | +0.240% | $1.8M | $2.1M | 10x | as long as short |
OKX DKNG-USDT-SWAP
KuCoin DKNGUSDTM
Aster DKNGUSDT
Bybit DKNGUSDT
Gate DKNG_USDT
Bitget DKNGUSDT
SunX DKNG-USDT
HTX DKNG-USDT
Injective DKNG/USDC PERP
Variational Omni DKNG
Binance DKNGUSDT
tradeXYZ xyz:DKNG