Funding you earn now, next payment 06:00 UTC+0.0039%/8h= +4.3% APRpaid last 24h −0.128%
Price spread now: HTX against tradeXYZ−0.389%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. HTX is 0.389% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.389% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$39 on $10k: about 33 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:DKNG | 22.096 | −0.0039 | get 0.0005% / 1h | 45m 43s | $1.8M | $2.1M | 10x |
| Short | HTX DKNG-USDT | 22.010 | 0 | get 0.0000% / 8h | 2h 45m | $6K | $4K | 10x |
tradeXYZ xyz:DKNG
HTX DKNG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $8.17
- Price spread: −0.389% → 0.000%
- −$38.92
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$60.75
- Costs to cover
- 0.300%
- Break-even
- 59.0 days
Slippage unknown: tradeXYZ: live order book, 2 min ago; HTX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 2 min ago | 1.58 bp | 37.6 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:DKNGlong | −0.0039% | 1h | 22.096 | long leg | $1.8M | $2.1M | 10x | |
| Aster DKNGUSDT | 0.0000% | 8h | 22.063 | −0.148% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.040 | −0.253% | $77K | $69K | 25x | as long as short |
| Gate DKNG_USDT | 0.0000% | 8h | 22.109 | +0.059% | $110K | $7K | 20x | as long as short |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.054 | −0.190% | $125K | $68K | 20x | as long as short |
| SunX DKNG-USDT | 0.0000% | 8h | 22.060 | −0.163% | $1K | $675K | 10x | as long as short |
| HTX DKNG-USDTshort | 0.0000% | 8h | 22.010 | −0.389% | $6K | $4K | 10x | |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.480% | $707 | $6K | 12x | as long as short |
| OKX DKNG-USDT-SWAP | +0.0076% | 8h | 22.060 | −0.163% | $114K | $115K | 20x | as long as short |
| KuCoin DKNGUSDTM | +0.0219% | 8h | 22.080 | −0.072% | $90K | $380K | 20x | as long as short |
Aster DKNGUSDT
Bybit DKNGUSDT
Gate DKNG_USDT
Bitget DKNGUSDT
SunX DKNG-USDT
Injective DKNG/USDC PERP
OKX DKNG-USDT-SWAP
KuCoin DKNGUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DKNG | +0.0339% | 8h | 22.066 | −0.135% | $78K | $51K | — | as long as short |
| Binance DKNGUSDT | +0.0410% | 8h | 22.070 | −0.119% | $295K | $633K | 20x | as long as short |
Variational Omni DKNG
Binance DKNGUSDT