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Funding arb · Price arb /

DKNG

RWAall DKNG markets
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Alert: funding
Measured
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Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h +0.042%
Price spread now: tradeXYZ against Variational Omni+0.087%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on Variational OmniShort on tradeXYZ
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropVariational Omni: Active · tradeXYZ: Active · farm boardneeds both histories
The price spread pays, funding is against you. tradeXYZ is 0.087% dearer against Variational Omni than usual: you sell high and buy low (spread +0.087% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 27 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni DKNG22.0610.0061pay 0.0061% / 8h49m 45s$78K$51K—
ShorttradeXYZ xyz:DKNG22.0800.0050get 0.0006% / 1h49m 45s$1.8M$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$2.27
Price spread: +0.087% → 0.000%
$8.75
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$11.52
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; tradeXYZ: live order book, 7 min ago. 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 tradeXYZ live order book, 7 min ago2.94 bp17.5 bp −$18doesn't fitdoesn't fitdoesn't fit
Variational Omni: 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%8h22.050−0.047%$1K$11K20xas long as short
Bybit DKNGUSDT0.0000%8h22.070+0.042%$83K$78K25xas long as short
Gate DKNG_USDT0.0000%8h22.076+0.069%$109K$8K20xas long as short
Bitget DKNGUSDT0.0000%8h22.054−0.030%$126K$66K20xas long as short
SunX DKNG-USDT0.0000%8h22.060−0.003%$706$648K10xas long as short
HTX DKNG-USDT0.0000%8h22.070+0.042%$6K$4K10xas long as short
Injective DKNG/USDC PERP+0.0033%1h21.990−0.320%$707$6K12xas long as short
tradeXYZ xyz:DKNGshort+0.0050%1h22.080+0.087%$1.8M$2.1M10x
Variational Omni DKNGlong+0.0061%8h22.061long leg$78K$51K—
OKX DKNG-USDT-SWAP+0.0089%8h22.060−0.003%$115K$107K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DKNGUSDTM+0.0100%8h22.060−0.003%$91K$374K20xas long as short
Binance DKNGUSDT+0.0183%8h22.060−0.003%$294K$626K20xas long as short