Funding you earn now, next payment 08:00 UTC+0.0603%/8h= +66.1% APRnext payment +$6.03 per $10,000 · paid last 24h +0.094%
Price spread now: Binance against SunX+0.023%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$293as in the Price arb table
costs, in and out, $10k−$2912.910% of the position
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 2 days (all we have)+0.073%+$7 · spread now +0.023%, 7d avg +0.042%
=The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.114% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.03 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX DKNG-USDT | 22.080 | 0 | get 0.0000% / 8h | 4h 26m | $1K | $691K | 10x |
| Short | Binance DKNGUSDT | 22.085 | 0.0603 | get 0.0603% / 8h | 4h 26m | $285K | $638K | 20x |
SunX DKNG-USDT
Binance DKNGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- $126.68
- Price spread: +0.023% → +0.042%
- −$1.9
- Slippage, 4 orders
- −$273.02
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$166.25
- Costs to cover
- 2.910%
- Break-even
- 16.2 days
Slippage from SunX: live order book, 65 min ago; Binance: live order book, 36 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 SunX live order book, 65 min ago | 49.75 bp | 97.5 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 36 min ago | 4.52 bp | 31.0 bp −$31 | 165.8 bp −$1,658 | 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 | 22.084 | +0.019% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.060 | −0.091% | $81K | $67K | 25x | as long as short |
| Gate DKNG_USDT | 0.0000% | 8h | 22.111 | +0.140% | $110K | $7K | 20x | as long as short |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.062 | −0.082% | $125K | $68K | 20x | as long as short |
| SunX DKNG-USDTlong | 0.0000% | 8h | 22.080 | long leg | $1K | $691K | 10x | |
| HTX DKNG-USDT | 0.0000% | 8h | 22.080 | 0.000% | $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 |
| OKX DKNG-USDT-SWAP | +0.0108% | 8h | 22.030 | −0.226% | $113K | $114K | 20x | as long as short |
| KuCoin DKNGUSDTM | +0.0437% | 8h | 22.090 | +0.045% | $90K | $387K | 20x | as long as short |
| tradeXYZ xyz:DKNG | +0.0482% | 1h | 22.108 | +0.127% | $1.8M | $2.1M | 10x | as long as short |
Aster DKNGUSDT
Bybit DKNGUSDT
Gate DKNG_USDT
Bitget DKNGUSDT
HTX DKNG-USDT
Injective DKNG/USDC PERP
OKX DKNG-USDT-SWAP
KuCoin DKNGUSDTM
tradeXYZ xyz:DKNGShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DKNG | +0.0556% | 8h | 22.091 | +0.050% | $78K | $51K | — | as long as short |
| Binance DKNGUSDTshort | +0.0603% | 8h | 22.085 | +0.023% | $285K | $638K | 20x |
Variational Omni DKNG