Funding you earn now, next payment 08:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.86 per $10,000 · paid last 24h +0.018%
Price spread now: OKX against SunX0.000%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$286as in the Funding arb table
Net, price: spread back to 7d avg − costs−$292as in the Price arb table
costs, in and out, $10k−$2882.882% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)+0.045%+$5 · spread now 0.000%, 7d avg +0.039%
=Funding pays, the price is against you. OKX is 0.039% cheaper against SunX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.039%). If the spread goes back, that is −$4 on $10k: about 36 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.018% in total) that is about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX DKNG-USDT | 22.060 | 0 | get 0.0000% / 8h | 2h 51m | $1K | $676K | 10x |
| Short | OKX DKNG-USDT-SWAP | 22.060 | 0.0086 | get 0.0086% / 8h | 2h 51m | $114K | $115K | 20x |
SunX DKNG-USDT
OKX DKNG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $18.11
- Price spread: 0.000% → +0.039%
- −$3.92
- Slippage, 4 orders
- −$270.21
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$274.03
- Costs to cover
- 2.882%
- Break-even
- 112.9 days
Slippage from SunX: live order book, 20 min ago; OKX: live order book, 58 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, 20 min ago | 49.75 bp | 79.7 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 58 min ago | 4.53 bp | 51.6 bp −$52 | 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 | 22.068 | +0.036% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.040 | −0.091% | $77K | $69K | 25x | as long as short |
| Gate DKNG_USDT | 0.0000% | 8h | 22.108 | +0.218% | $110K | $7K | 20x | as long as short |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.054 | −0.027% | $125K | $68K | 20x | as long as short |
| SunX DKNG-USDTlong | 0.0000% | 8h | 22.060 | long leg | $1K | $676K | 10x | |
| HTX DKNG-USDT | 0.0000% | 8h | 22.060 | 0.000% | $6K | $4K | 10x | as long as short |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.317% | $707 | $6K | 12x | as long as short |
| tradeXYZ xyz:DKNG | +0.0050% | 1h | 22.102 | +0.190% | $1.8M | $2.1M | 10x | as long as short |
| OKX DKNG-USDT-SWAPshort | +0.0086% | 8h | 22.060 | 0.000% | $114K | $115K | 20x | |
| KuCoin DKNGUSDTM | +0.0237% | 8h | 22.080 | +0.091% | $90K | $383K | 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 | +0.0381% | 8h | 22.106 | +0.209% | $78K | $51K | — | as long as short |
| Binance DKNGUSDT | +0.0439% | 8h | 22.070 | +0.045% | $295K | $633K | 20x | as long as short |
Variational Omni DKNG
Binance DKNGUSDT