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 03:00 UTC−0.0639%/8h= −70.0% APRpaid last 24h −0.077%
Price spread now: Injective against Variational Omni−0.523%121s7-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 −$19 a day on $10k at the current rate, and Injective is 0.523% cheaper against Variational Omni than usual: you would sell low and buy high (−$52 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 121 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni DKNG22.1060.0673pay 0.0673% / 8h5h 13m$78K$51K
ShortInjective DKNG/USDC PERP21.9900.0033get 0.0004% / 1h13m 27s$707$6K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$134.23
Price spread: −0.523% → 0.000%
−$52.33
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$186.59
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Injective: 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 Injective no order-book sample
Variational Omni and Injective: 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%8h22.072−0.150%$1K$11K20xas long as short
Bybit DKNGUSDT0.0000%8h22.070−0.161%$81K$68K25xas long as short
Gate DKNG_USDT0.0000%8h22.125+0.087%$110K$6K20xas long as short
Bitget DKNGUSDT0.0000%8h22.091−0.066%$125K$68K20xas long as short
SunX DKNG-USDT0.0000%8h22.100−0.026%$977$693K10xas long as short
HTX DKNG-USDT0.0000%8h22.090−0.071%$6K$4K10xas long as short
Injective DKNG/USDC PERPshort+0.0033%1h21.990−0.523%$707$6K12x
OKX DKNG-USDT-SWAP+0.0174%8h22.110+0.019%$113K$114K20xas long as short
KuCoin DKNGUSDTM+0.0622%8h22.070−0.161%$89K$388K20xas long as short
Variational Omni DKNGlong+0.0673%8h22.106long leg$78K$51K
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DKNGUSDT+0.0762%8h22.100−0.026%$283K$634K20xas long as short
tradeXYZ xyz:DKNG+0.0785%1h22.118+0.056%$1.8M$2.1M10xas long as short