Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.129%
Price spread now: SunX against tradeXYZ−0.136%7-day average −0.002% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.246%−$25 on $10k
+Price spread, last 4 days (all we have)+0.169%+$17 · spread now −0.136%, 7d avg −0.002%
=Together, before fees−0.077%+ Points / potential airdroptradeXYZ: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SunX is 0.134% cheaper against tradeXYZ than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:DKNG | 22.080 | 0.0050 | pay 0.0006% / 1h | 7m 21s | $1.8M | $2.1M | 10x |
| Short | SunX DKNG-USDT | 22.050 | 0 | get 0.0000% / 8h | 7m 21s | $221 | $612K | 10x |
tradeXYZ xyz:DKNG
SunX DKNG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$10.5
- Price spread: −0.136% → −0.002%
- −$13.36
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$49.86
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 10 min ago; SunX: live order book, 44 min ago. 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, 10 min ago | 0.23 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 44 min ago | 47.59 bp | 86.7 bp −$87 | 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 | 22.055 | −0.111% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.070 | −0.045% | $83K | $78K | 25x | as long as short |
| OKX DKNG-USDT-SWAP | 0.0000% | 8h | 22.060 | −0.091% | $115K | $107K | 20x | as long as short |
| Gate DKNG_USDT | 0.0000% | 8h | 22.071 | −0.041% | $109K | $8K | 20x | as long as short |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.054 | −0.118% | $125K | $61K | 20x | as long as short |
| Variational Omni DKNG | 0.0000% | 8h | 22.057 | −0.103% | $78K | $51K | — | as long as short |
| SunX DKNG-USDTshort | 0.0000% | 8h | 22.050 | −0.136% | $221 | $612K | 10x | |
| HTX DKNG-USDT | 0.0000% | 8h | 22.030 | −0.226% | $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 |
| tradeXYZ xyz:DKNGlong | +0.0050% | 1h | 22.080 | long leg | $1.8M | $2.1M | 10x |
Aster DKNGUSDT
Bybit DKNGUSDT
OKX DKNG-USDT-SWAP
Gate DKNG_USDT
Bitget DKNGUSDT
Variational Omni DKNG
HTX DKNG-USDT
Injective DKNG/USDC PERPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DKNGUSDT | +0.0093% | 8h | 22.064 | −0.073% | $293K | $620K | 20x | as long as short |
| KuCoin DKNGUSDTM | +0.0100% | 8h | 22.050 | −0.136% | $90K | $392K | 20x | as long as short |
Binance DKNGUSDT
KuCoin DKNGUSDTM