Funding you earn now, next payment 01:00 UTC+0.1378%/8h= +150.9% APRpaid last 24h +0.038%
Price spread now: tradeXYZ against Bitget+0.200%7-day average +0.043% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 4 days (all we have)−0.327%−$33 · spread now +0.200%, 7d avg +0.043%
=Together, before fees−0.187%+ Points / potential airdroptradeXYZ: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$41 a day on $10k at the current rate, and tradeXYZ is 0.157% dearer against Bitget than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.043%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.140% in total (about 7.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget DKNGUSDT | 22.022 | 0 | get 0.0000% / 8h | 7h 45m | $123K | $67K | 20x |
| Short | tradeXYZ xyz:DKNG | 22.066 | 0.1378 | get 0.0172% / 1h | 45m 31s | $1.7M | $2.1M | 10x |
Bitget DKNGUSDT
tradeXYZ xyz:DKNGFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Bitget. 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
- $289.34
- Price spread: +0.200% → +0.043%
- $15.69
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $275.03
- Costs to cover
- 0.300%
- Break-even
- 0.3 days
Slippage unknown: Bitget: live order book, 19 min ago; tradeXYZ: live order book, 1 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 Bitget live order book, 19 min ago | 10.19 bp | 23.7 bp −$24 | 51.1 bp −$511 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 1 min ago | 3.63 bp | 16.4 bp −$16 | 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 | 22.036 | +0.063% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.030 | +0.036% | $76K | $63K | 25x | as long as short |
| Gate DKNG_USDT | 0.0000% | 8h | 22.061 | +0.177% | $111K | $5K | 20x | as long as short |
| Bitget DKNGUSDTlong | 0.0000% | 8h | 22.022 | long leg | $123K | $67K | 20x | |
| SunX DKNG-USDT | 0.0000% | 8h | 22.060 | +0.173% | $876 | $696K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.120 | +0.445% | $6K | $3K | 10x | as long as short |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.145% | $707 | $6K | 12x | as long as short |
| OKX DKNG-USDT-SWAP | +0.0194% | 8h | 22.060 | +0.173% | $114K | $111K | 20x | as long as short |
| Variational Omni DKNG | +0.0886% | 8h | 22.062 | +0.180% | $63K | $37K | — | as long as short |
| Binance DKNGUSDT | +0.0963% | 8h | 22.065 | +0.196% | $255K | $609K | 20x | as long as short |
Aster DKNGUSDT
Bybit DKNGUSDT
Gate DKNG_USDT
SunX DKNG-USDT
HTX DKNG-USDT
Injective DKNG/USDC PERP
OKX DKNG-USDT-SWAP
Variational Omni DKNG
Binance DKNGUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DKNGUSDTM | +0.1372% | 8h | 22.060 | +0.173% | $87K | $421K | 20x | as long as short |
| tradeXYZ xyz:DKNGshort | +0.1378% | 1h | 22.066 | +0.200% | $1.7M | $2.1M | 10x |
KuCoin DKNGUSDTM