Funding you earn now, next payment 00:00 UTC+0.0140%/8h= +15.3% APRnext payment +$1.40 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate+0.005%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1801.798% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.005%, 7d avg +0.012%
=The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate DKNG_USDT | 22.099 | 0 | get 0.0000% / 8h | 40m 53s | $121K | $3K | 20x |
| Short | OKX DKNG-USDT-SWAP | 22.100 | 0.0140 | get 0.0140% / 8h | 40m 53s | $113K | $117K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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
- $29.34
- Price spread: +0.005% → +0.012%
- −$0.79
- Slippage, 4 orders
- −$154.75
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$151.2
- Costs to cover
- 1.798%
- Break-even
- 43.1 days
Slippage from Gate: live order book, 29 min ago; OKX: live order book, 34 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 Gate live order book, 29 min ago | 22.65 bp | 41.9 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 34 min ago | 6.80 bp | 60.4 bp −$60 | 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 | 22.043 | −0.252% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.050 | −0.222% | $76K | $64K | 25x | as long as short |
| Gate DKNG_USDTlong | 0.0000% | 8h | 22.099 | long leg | $121K | $3K | 20x | |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.049 | −0.226% | $123K | $108K | 20x | as long as short |
| SunX DKNG-USDT | 0.0000% | 8h | 22.060 | −0.176% | $1K | $716K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.040 | −0.267% | $6K | $3K | 10x | as long as short |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.493% | $707 | $6K | 12x | as long as short |
| OKX DKNG-USDT-SWAPshort | +0.0140% | 8h | 22.100 | +0.005% | $113K | $117K | 20x | |
| tradeXYZ xyz:DKNG | +0.0719% | 1h | 22.057 | −0.190% | $1.7M | $2.1M | 10x | as long as short |
| Variational Omni DKNG | +0.0819% | 8h | 22.067 | −0.144% | $63K | $38K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DKNGUSDT | +0.0887% | 8h | 22.070 | −0.130% | $257K | $634K | 20x | as long as short |
| KuCoin DKNGUSDTM | +0.1057% | 8h | 22.100 | +0.005% | $87K | $414K | 20x | as long as short |
Gate DKNG_USDT
OKX DKNG-USDT-SWAP
Aster DKNGUSDT
Bybit DKNGUSDT
Bitget DKNGUSDT
SunX DKNG-USDT
HTX DKNG-USDT
Injective DKNG/USDC PERP
tradeXYZ xyz:DKNG
Variational Omni DKNG
Binance DKNGUSDT
KuCoin DKNGUSDTM