Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.33 per $10,000 · paid last 24h −0.018%
Price spread now: SunX against OKX+0.182%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$206as in the Price arb table
costs, in and out, $10k−$2282.281% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.204%−$20 · spread now +0.182%, 7d avg −0.038%
=The price spread pays, funding is against you. SunX is 0.219% dearer against OKX than usual: you sell high and buy low (spread +0.182% now, against its 7-day average of −0.038%): +$22 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days. At the pace of the last 7 days (−0.018% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DKNG-USDT-SWAP | 22.030 | 0.0033 | pay 0.0033% / 8h | 2h 29m | $114K | $108K | 20x |
| Short | SunX DKNG-USDT | 22.070 | 0 | get 0.0000% / 8h | 2h 29m | $1K | $663K | 10x |
OKX DKNG-USDT-SWAP
SunX DKNG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$6.83
- Price spread: +0.182% → −0.038%
- $21.92
- Slippage, 4 orders
- −$210.11
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$213.02
- Costs to cover
- 2.281%
- Break-even
- never at this rate
Slippage from OKX: live order book, 15 min ago; SunX: live order book, 42 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, 15 min ago | 9.07 bp | 26.1 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 42 min ago | 49.75 bp | 80.5 bp −$80 | 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 | 22.061 | +0.142% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.040 | +0.045% | $77K | $68K | 25x | as long as short |
| Gate DKNG_USDT | 0.0000% | 8h | 22.103 | +0.331% | $110K | $8K | 20x | as long as short |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.054 | +0.109% | $125K | $66K | 20x | as long as short |
| SunX DKNG-USDTshort | 0.0000% | 8h | 22.070 | +0.182% | $1K | $663K | 10x | |
| HTX DKNG-USDT | 0.0000% | 8h | 22.050 | +0.091% | $6K | $4K | 10x | as long as short |
| OKX DKNG-USDT-SWAPlong | +0.0033% | 8h | 22.030 | long leg | $114K | $108K | 20x | |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.182% | $707 | $6K | 12x | as long as short |
| tradeXYZ xyz:DKNG | +0.0050% | 1h | 22.096 | +0.300% | $1.8M | $2.1M | 10x | as long as short |
| KuCoin DKNGUSDTM | +0.0154% | 8h | 22.070 | +0.182% | $90K | $378K | 20x | as long as short |
Aster DKNGUSDT
Bybit DKNGUSDT
Gate DKNG_USDT
Bitget DKNGUSDT
HTX DKNG-USDT
Injective DKNG/USDC PERP
tradeXYZ xyz:DKNG
KuCoin DKNGUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DKNG | +0.0271% | 8h | 22.067 | +0.166% | $78K | $51K | — | as long as short |
| Binance DKNGUSDT | +0.0341% | 8h | 22.060 | +0.136% | $295K | $632K | 20x | as long as short |
Variational Omni DKNG
Binance DKNGUSDT