Funding you earn now, next payment 08:00 UTC+0.0049%/8h= +5.3% APRnext payment +$0.49 per $10,000 · paid last 24h +0.190%
Price spread now: KuCoin against OKX−0.045%7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$598as in the Funding arb table
Net, price: spread back to 7d avg − costs−$665as in the Price arb table
costs, in and out, $10k−$6546.540% of the position
Funding, last 7 days+0.560%+$56 on $10k
+Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.045%, 7d avg +0.065%
=Funding pays, the price is against you. KuCoin is 0.110% cheaper against OKX than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of +0.065%). If the spread goes back, that is −$11 on $10k: about 7.5 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.560% in total) that is about 33 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DKNG-USDT-SWAP | 22.060 | 0.0051 | pay 0.0051% / 8h | 32m 37s | $115K | $107K | 20x |
| Short | KuCoin DKNGUSDTM | 22.050 | 0.0100 | get 0.0100% / 8h | 32m 37s | $91K | $369K | 20x |
OKX DKNG-USDT-SWAP
KuCoin DKNGUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $10.21
- Price spread: −0.045% → +0.065%
- −$11
- Slippage, 4 orders
- −$631.99
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$654.78
- Costs to cover
- 6.540%
- Break-even
- 455.8 days
Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 70 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, 2 min ago | 4.53 bp | 82.3 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 70 min ago | 15.84 bp | 297.9 bp −$298 | 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 | 22.047 | −0.060% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.060 | 0.000% | $83K | $78K | 25x | as long as short |
| Gate DKNG_USDT | 0.0000% | 8h | 22.073 | +0.059% | $109K | $8K | 20x | as long as short |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.036 | −0.109% | $126K | $60K | 20x | as long as short |
| SunX DKNG-USDT | 0.0000% | 8h | 22.060 | 0.000% | $1K | $610K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.040 | −0.091% | $6K | $4K | 10x | as long as short |
| Variational Omni DKNG | +0.0031% | 8h | 22.061 | +0.003% | $78K | $51K | — | as long as short |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.317% | $707 | $6K | 12x | as long as short |
| tradeXYZ xyz:DKNG | +0.0050% | 1h | 22.079 | +0.086% | $1.8M | $2.1M | 10x | as long as short |
| OKX DKNG-USDT-SWAPlong | +0.0051% | 8h | 22.060 | long leg | $115K | $107K | 20x |
Aster DKNGUSDT
Bybit DKNGUSDT
Gate DKNG_USDT
Bitget DKNGUSDT
SunX DKNG-USDT
HTX DKNG-USDT
Variational Omni DKNG
Injective DKNG/USDC PERP
tradeXYZ xyz:DKNGShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DKNGUSDTMshort | +0.0100% | 8h | 22.050 | −0.045% | $91K | $369K | 20x | |
| Binance DKNGUSDT | +0.0140% | 8h | 22.060 | 0.000% | $295K | $616K | 20x | as long as short |
Binance DKNGUSDT