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

DKNG

RWAall DKNG markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0283%/8h= −31.0% APRpaid last 24h −0.128%
Price spread now: Aster against tradeXYZ−0.134%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Aster is 0.134% cheaper against tradeXYZ than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:DKNG22.1300.0283pay 0.0035% / 1h40m 50s$1.8M$2.1M10x
ShortAster DKNGUSDT22.1000get 0.0000% / 8h1h 40m$1K$11K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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
−$59.49
Price spread: −0.134% → 0.000%
−$13.41
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Aster: 4 bp × 2 orders
−$8
Net
−$98.9
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 7 min ago; Aster: 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 tradeXYZ live order book, 7 min ago2.94 bp29.0 bp −$2935.4 bp −$354doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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 DKNGUSDTshort0.0000%8h22.100−0.134%$1K$11K20x
Bybit DKNGUSDT0.0000%8h22.110−0.090%$81K$73K25xas long as short
Gate DKNG_USDT0.0000%8h22.133+0.014%$110K$8K20xas long as short
Bitget DKNGUSDT0.0000%8h22.070−0.271%$126K$65K20xas long as short
SunX DKNG-USDT0.0000%8h22.110−0.090%$1K$658K10xas long as short
HTX DKNG-USDT0.0000%8h22.050−0.362%$6K$4K10xas long as short
OKX DKNG-USDT-SWAP+0.0024%8h22.110−0.090%$115K$107K20xas long as short
Injective DKNG/USDC PERP+0.0033%1h21.990−0.633%$707$6K12xas long as short
KuCoin DKNGUSDTM+0.0100%8h22.060−0.316%$93K$379K20xas long as short
Variational Omni DKNG+0.0141%8h22.111−0.085%$78K$51Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DKNGUSDT+0.0236%8h22.115−0.067%$298K$616K20xas long as short
tradeXYZ xyz:DKNGlong+0.0283%1h22.130long leg$1.8M$2.1M10x