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

DKNG

RWAall DKNG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%
Price spread now: SunX against OKX−0.045%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$394as in the Funding arb table
Net, price: spread back to 7d avg − costs−$393as in the Price arb table
costs, in and out, $10k−$3923.919% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 4 days (all we have)+0.275%+$28 · spread now −0.045%, 7d avg −0.038%
Together, before fees+0.257%+$26 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX DKNG-USDT-SWAP22.0500get 0.0000% / 8h6h 56m$115K$100K20x
ShortSunX DKNG-USDT22.0400get 0.0000% / 8h6h 56m$577$586K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: −0.045% → −0.038%
−$0.69
Slippage, 4 orders
−$373.93
Fee OKX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$392.63
Costs to cover
3.919%
Break-even
never at this rate
Slippage from OKX: live order book, 34 min ago; SunX: live order book, 45 min ago.

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, 34 min ago11.34 bp78.6 bp −$79doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 45 min ago49.80 bp142.5 bp −$142doesn't fitdoesn't fitdoesn't fit

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%8h22.094+0.198%$1K$11K20xas long as short
Binance DKNGUSDT0.0000%8h22.060+0.045%$293K$609K20xas long as short
Bybit DKNGUSDT0.0000%8h22.090+0.181%$83K$78K25xas long as short
OKX DKNG-USDT-SWAPlong0.0000%8h22.050long leg$115K$100K20x
Gate DKNG_USDT0.0000%8h22.075+0.113%$109K$9K20xas long as short
Bitget DKNGUSDT0.0000%8h22.071+0.095%$126K$59K20xas long as short
Variational Omni DKNG0.0000%8h22.071+0.095%$77K$51Kas long as short
SunX DKNG-USDTshort0.0000%8h22.040−0.045%$577$586K10x
HTX DKNG-USDT0.0000%8h21.990−0.272%$6K$4K10xas long as short
Injective DKNG/USDC PERP+0.0033%1h21.990−0.272%$707$6K12xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DKNGUSDTM+0.0100%8h22.080+0.136%$90K$447K20xas long as short
tradeXYZ xyz:DKNG+0.0185%1h22.073+0.104%$1.8M$2.1M10xas long as short