Funding you earn now, next payment 02:00 UTC−0.0222%/8h= −24.3% APRpaid last 24h −0.008%
Price spread now: Injective against OKX−0.453%78s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Injective is 0.453% cheaper against OKX than usual: you would sell low and buy high (−$45 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DKNG-USDT-SWAP | 22.090 | 0.0255 | pay 0.0255% / 8h | 6h 40m | $113K | $113K | 20x |
| Short | Injective DKNG/USDC PERP | 21.990 | 0.0033 | get 0.0004% / 1h | 40m 00s | $707 | $6K | 12x |
OKX DKNG-USDT-SWAP
Injective DKNG/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$46.64
- Price spread: −0.453% → 0.000%
- −$45.27
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$101.93
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 25 min ago; Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 25 min ago | 2.26 bp | 30.7 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DKNGUSDT | 0.0000% | 8h | 22.125 | +0.158% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.130 | +0.181% | $81K | $67K | 25x | as long as short |
| Gate DKNG_USDT | 0.0000% | 8h | 22.123 | +0.149% | $110K | $5K | 20x | as long as short |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.101 | +0.050% | $124K | $67K | 20x | as long as short |
| SunX DKNG-USDT | 0.0000% | 8h | 22.100 | +0.045% | $1K | $687K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.100 | +0.045% | $6K | $3K | 10x | as long as short |
| Injective DKNG/USDC PERPshort | +0.0033% | 1h | 21.990 | −0.453% | $707 | $6K | 12x | |
| OKX DKNG-USDT-SWAPlong | +0.0255% | 8h | 22.090 | long leg | $113K | $113K | 20x | |
| tradeXYZ xyz:DKNG | +0.0303% | 1h | 22.107 | +0.077% | $1.7M | $2.1M | 10x | as long as short |
| Variational Omni DKNG | +0.0903% | 8h | 22.097 | +0.030% | $78K | $51K | — | as long as short |
Aster DKNGUSDT
Bybit DKNGUSDT
Gate DKNG_USDT
Bitget DKNGUSDT
SunX DKNG-USDT
HTX DKNG-USDT
tradeXYZ xyz:DKNG
Variational Omni DKNGShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DKNGUSDT | +0.0964% | 8h | 22.124 | +0.153% | $269K | $624K | 20x | as long as short |
| KuCoin DKNGUSDTM | +0.1234% | 8h | 22.090 | 0.000% | $90K | $409K | 20x | as long as short |
Binance DKNGUSDT
KuCoin DKNGUSDTM