Funding you earn now, next payment 07:00 UTC+0.0261%/8h= +28.6% APRpaid last 24h +0.111%
Price spread now: tradeXYZ against OKX+0.090%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1271.270% of the position
Funding, last 7 days+0.215%+$21 on $10k
+Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.090%, 7d avg −0.035%
=Together, before fees+0.083%+ Points / potential airdroptradeXYZ: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and tradeXYZ is 0.126% dearer against OKX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DKNG-USDT-SWAP | 22.110 | 0.0022 | pay 0.0022% / 8h | 1h 40m | $115K | $107K | 20x |
| Short | tradeXYZ xyz:DKNG | 22.130 | 0.0283 | get 0.0035% / 1h | 40m 01s | $1.8M | $2.1M | 10x |
OKX DKNG-USDT-SWAP
tradeXYZ xyz:DKNGFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $54.85
- Price spread: +0.090% → −0.035%
- $12.56
- Slippage, 4 orders
- −$98.97
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$59.57
- Costs to cover
- 1.270%
- Break-even
- 14.6 days
Slippage from OKX: live order book, 65 min ago; tradeXYZ: live order book, 8 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, 65 min ago | 9.07 bp | 26.1 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 2.94 bp | 30.0 bp −$30 | 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 | 22.101 | −0.041% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.110 | 0.000% | $82K | $73K | 25x | as long as short |
| Gate DKNG_USDT | 0.0000% | 8h | 22.133 | +0.104% | $110K | $8K | 20x | as long as short |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.071 | −0.176% | $126K | $65K | 20x | as long as short |
| SunX DKNG-USDT | 0.0000% | 8h | 22.110 | 0.000% | $1K | $658K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.050 | −0.271% | $6K | $4K | 10x | as long as short |
| OKX DKNG-USDT-SWAPlong | +0.0022% | 8h | 22.110 | long leg | $115K | $107K | 20x | |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.543% | $707 | $6K | 12x | as long as short |
| KuCoin DKNGUSDTM | +0.0100% | 8h | 22.060 | −0.226% | $93K | $379K | 20x | as long as short |
| Variational Omni DKNG | +0.0141% | 8h | 22.111 | +0.005% | $78K | $51K | — | as long as short |
Aster DKNGUSDT
Bybit DKNGUSDT
Gate DKNG_USDT
Bitget DKNGUSDT
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 | +0.0236% | 8h | 22.117 | +0.032% | $298K | $616K | 20x | as long as short |
| tradeXYZ xyz:DKNGshort | +0.0283% | 1h | 22.130 | +0.090% | $1.8M | $2.1M | 10x |
Binance DKNGUSDT