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

DKNG

RWAall DKNG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0892%/8h= −97.7% APRnext payment $8.92 per $10,000 · paid last 24h −0.087%
Price spread now: Bybit against Variational Omni−0.143%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and Bybit is 0.143% cheaper against Variational Omni than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni DKNG22.0620.0892pay 0.0892% / 8h7h 40m$63K$37K
ShortBybit DKNGUSDT22.0300get 0.0000% / 8h7h 40m$76K$63K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. 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
−$187.42
Price spread: −0.143% → 0.000%
−$14.31
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$212.73
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Bybit: 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 Variational Omni no order-book sample
Sell Bybit no order-book sample
Variational Omni and Bybit: 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 DKNGUSDT0.0000%8h22.036−0.115%$1K$11K20xas long as short
Bybit DKNGUSDTshort0.0000%8h22.030−0.143%$76K$63K25x
Gate DKNG_USDT0.0000%8h22.068+0.029%$111K$5K20xas long as short
Bitget DKNGUSDT0.0000%8h22.022−0.179%$123K$67K20xas long as short
SunX DKNG-USDT0.0000%8h22.060−0.007%$957$697K10xas long as short
HTX DKNG-USDT0.0000%8h22.040−0.098%$6K$3K10xas long as short
Injective DKNG/USDC PERP+0.0033%1h21.990−0.324%$707$6K12xas long as short
OKX DKNG-USDT-SWAP+0.0204%8h22.070+0.038%$114K$111K20xas long as short
Variational Omni DKNGlong+0.0892%8h22.062long leg$63K$37K
Binance DKNGUSDT+0.0970%8h22.080+0.083%$255K$608K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DKNGUSDTM+0.1380%8h22.060−0.007%$87K$419K20xas long as short
tradeXYZ xyz:DKNG+0.1391%1h22.086+0.111%$1.7M$2.1M10xas long as short