Settings8H · net · $10k
Funding arb · Price arb /

DKNG

RWAall DKNG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0049%/8h= −5.4% APRnext payment $0.49 per $10,000 · paid last 24h −0.018%
Price spread now: HTX against OKX−0.091%7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 0.091% cheaper against OKX than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX DKNG-USDT-SWAP22.0600.0049pay 0.0049% / 8h31m 54s$115K$107K20x
ShortHTX DKNG-USDT22.0400get 0.0000% / 8h31m 54s$6K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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
−$10.3
Price spread: −0.091% → 0.000%
−$9.07
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$41.36
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 3 min ago; HTX: 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 OKX live order book, 3 min ago4.53 bp82.3 bp −$82doesn't fitdoesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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%8h22.046−0.065%$1K$11K20xas long as short
Bybit DKNGUSDT0.0000%8h22.0600.000%$83K$78K25xas long as short
Gate DKNG_USDT0.0000%8h22.072+0.054%$109K$8K20xas long as short
Bitget DKNGUSDT0.0000%8h22.036−0.109%$126K$60K20xas long as short
SunX DKNG-USDT0.0000%8h22.0600.000%$1K$610K10xas long as short
HTX DKNG-USDTshort0.0000%8h22.040−0.091%$6K$4K10x
Variational Omni DKNG+0.0031%8h22.061+0.003%$78K$51Kas long as short
Injective DKNG/USDC PERP+0.0033%1h21.990−0.317%$707$6K12xas long as short
OKX DKNG-USDT-SWAPlong+0.0049%8h22.060long leg$115K$107K20x
tradeXYZ xyz:DKNG+0.0050%1h22.079+0.086%$1.8M$2.1M10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DKNGUSDTM+0.0100%8h22.050−0.045%$91K$369K20xas long as short
Binance DKNGUSDT+0.0140%8h22.0600.000%$295K$616K20xas long as short