Funding you earn now, next payment 08:00 UTC−0.0095%/8h= −10.4% APRnext payment −$0.95 per $10,000 · paid last 24h −0.018%
Price spread now: Gate against OKX+0.340%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$2102.102% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.204%−$20 · spread now +0.340%, 7d avg −0.003%
=The price spread pays, funding is against you. Gate is 0.344% dearer against OKX than usual: you sell high and buy low (spread +0.340% now, against its 7-day average of −0.003%): +$34 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.018% in total) that is about 5 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DKNG-USDT-SWAP | 22.030 | 0.0095 | pay 0.0095% / 8h | 4h 12m | $114K | $115K | 20x |
| Short | Gate DKNG_USDT | 22.105 | 0 | get 0.0000% / 8h | 4h 12m | $110K | $7K | 20x |
OKX DKNG-USDT-SWAP
Gate DKNG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. 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
- −$19.98
- Price spread: +0.340% → −0.003%
- $34.39
- Slippage, 4 orders
- −$185.17
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$195.76
- Costs to cover
- 2.102%
- Break-even
- never at this rate
Slippage from OKX: live order book, 42 min ago; Gate: live order book, 38 min ago.
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 OKX live order book, 42 min ago | 4.53 bp | 29.2 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 38 min ago | 26.75 bp | 45.4 bp −$45 | 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 | 22.075 | +0.206% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.050 | +0.091% | $81K | $67K | 25x | as long as short |
| Gate DKNG_USDTshort | 0.0000% | 8h | 22.105 | +0.340% | $110K | $7K | 20x | |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.046 | +0.073% | $125K | $68K | 20x | as long as short |
| SunX DKNG-USDT | 0.0000% | 8h | 22.080 | +0.227% | $996 | $692K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.110 | +0.363% | $6K | $4K | 10x | as long as short |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.182% | $707 | $6K | 12x | as long as short |
| OKX DKNG-USDT-SWAPlong | +0.0095% | 8h | 22.030 | long leg | $114K | $115K | 20x | |
| KuCoin DKNGUSDTM | +0.0381% | 8h | 22.060 | +0.136% | $90K | $386K | 20x | as long as short |
| Variational Omni DKNG | +0.0476% | 8h | 22.086 | +0.255% | $78K | $51K | — | as long as short |
Aster DKNGUSDT
Bybit DKNGUSDT
Bitget DKNGUSDT
SunX DKNG-USDT
HTX DKNG-USDT
Injective DKNG/USDC PERP
KuCoin DKNGUSDTM
Variational Omni DKNGShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:DKNG | +0.0524% | 1h | 22.106 | +0.345% | $1.8M | $2.1M | 10x | as long as short |
| Binance DKNGUSDT | +0.0527% | 8h | 22.077 | +0.212% | $285K | $637K | 20x | as long as short |
tradeXYZ xyz:DKNG
Binance DKNGUSDT