Settings8H · net · $10k
Funding arb · Price arb /

DKNG

RWAall DKNG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0685%/8h= +75.0% APRnext payment +$6.85 per $10,000 · paid last 24h +0.069%
Price spread now: Variational Omni against OKX−0.038%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.038% cheaper against OKX than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$21 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX DKNG-USDT-SWAP22.0700.0208pay 0.0208% / 8h7h 37m$114K$111K20x
ShortVariational Omni DKNG22.0620.0892get 0.0892% / 8h7h 37m$63K$37K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$143.75
Price spread: −0.038% → 0.000%
−$3.81
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$129.94
Costs to cover
0.100%
Break-even
0.7 days
Slippage unknown: OKX: live order book, 32 min ago; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 32 min ago2.27 bp28.8 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DKNGUSDT0.0000%8h22.044−0.119%$1K$11K20xas long as short
Bybit DKNGUSDT0.0000%8h22.030−0.181%$76K$63K25xas long as short
Gate DKNG_USDT0.0000%8h22.092+0.100%$111K$5K20xas long as short
Bitget DKNGUSDT0.0000%8h22.022−0.217%$123K$67K20xas long as short
SunX DKNG-USDT0.0000%8h22.060−0.045%$957$697K10xas long as short
HTX DKNG-USDT0.0000%8h22.060−0.045%$6K$3K10xas long as short
Injective DKNG/USDC PERP+0.0033%1h21.990−0.362%$707$6K12xas long as short
OKX DKNG-USDT-SWAPlong+0.0208%8h22.070long leg$114K$111K20x
Variational Omni DKNGshort+0.0892%8h22.062−0.038%$63K$37K
Binance DKNGUSDT+0.0986%8h22.080+0.045%$255K$608K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DKNGUSDTM+0.1392%8h22.060−0.045%$87K$419K20xas long as short
tradeXYZ xyz:DKNG+0.1431%1h22.097+0.122%$1.7M$2.1M10xas long as short