Funding you earn now, next payment 07:00 UTC−0.0284%/8h= −31.1% APRpaid last 24h −0.128%
Price spread now: Bitget against tradeXYZ−0.271%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1311.312% of the position
Funding, last 7 days−0.233%−$23 on $10k
+Price spread, last 4 days (all we have)+0.399%+$40 · spread now −0.271%, 7d avg −0.055%
=Together, before fees+0.166%+ Points / potential airdroptradeXYZ: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bitget is 0.217% cheaper against tradeXYZ than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.055%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:DKNG | 22.130 | 0.0284 | pay 0.0035% / 1h | 41m 00s | $1.8M | $2.1M | 10x |
| Short | Bitget DKNGUSDT | 22.070 | 0 | get 0.0000% / 8h | 1h 41m | $126K | $65K | 20x |
tradeXYZ xyz:DKNG
Bitget DKNGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against tradeXYZ. 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
- −$59.56
- Price spread: −0.271% → −0.055%
- −$21.65
- Slippage, 4 orders
- −$101.22
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$212.43
- Costs to cover
- 1.312%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; Bitget: 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 tradeXYZ live order book, 7 min ago | 2.94 bp | 29.0 bp −$29 | 35.4 bp −$354 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 58 min ago | 15.41 bp | 45.9 bp −$46 | 73.3 bp −$733 | 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 | 22.100 | −0.134% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.110 | −0.090% | $81K | $73K | 25x | as long as short |
| Gate DKNG_USDT | 0.0000% | 8h | 22.133 | +0.014% | $110K | $8K | 20x | as long as short |
| Bitget DKNGUSDTshort | 0.0000% | 8h | 22.070 | −0.271% | $126K | $65K | 20x | |
| SunX DKNG-USDT | 0.0000% | 8h | 22.110 | −0.090% | $1K | $658K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.050 | −0.362% | $6K | $4K | 10x | as long as short |
| OKX DKNG-USDT-SWAP | +0.0024% | 8h | 22.110 | −0.090% | $115K | $107K | 20x | as long as short |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.633% | $707 | $6K | 12x | as long as short |
| KuCoin DKNGUSDTM | +0.0100% | 8h | 22.060 | −0.316% | $93K | $379K | 20x | as long as short |
| Variational Omni DKNG | +0.0141% | 8h | 22.111 | −0.085% | $78K | $51K | — | as long as short |
Aster DKNGUSDT
Bybit DKNGUSDT
Gate DKNG_USDT
SunX DKNG-USDT
HTX DKNG-USDT
OKX DKNG-USDT-SWAP
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 | +0.0240% | 8h | 22.115 | −0.067% | $298K | $616K | 20x | as long as short |
| tradeXYZ xyz:DKNGlong | +0.0284% | 1h | 22.130 | long leg | $1.8M | $2.1M | 10x |
Binance DKNGUSDT