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+0.0001%/8h= +0.1% APRpaid last 24h +0.112%
Price spread now: tradeXYZ against OKX+0.086%7-day average −0.036% · you sell dearer than you buy
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 7 days+0.229%+$23 on $10k
Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.086%, 7d avg −0.036%
Together, before fees+0.110%+ Points / potential airdroptradeXYZ: Active · farm board+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.122% dearer against OKX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX DKNG-USDT-SWAP22.0600.0049pay 0.0049% / 8h31m 29s$115K$107K20x
ShorttradeXYZ xyz:DKNG22.0790.0050get 0.0006% / 1h31m 29s$1.8M$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$0.2
Price spread: +0.086% → −0.036%
$12.17
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$15.63
Costs to cover
0.280%
Break-even
543.9 days
Slippage unknown: OKX: live order book, 3 min ago; tradeXYZ: live order book, 6 min ago. 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 tradeXYZ live order book, 6 min ago0.23 bp16.4 bp −$16doesn'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%8h22.046−0.063%$1K$11K20xas long as short
Bybit DKNGUSDT0.0000%8h22.050−0.045%$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-USDT0.0000%8h22.040−0.091%$6K$4K10xas long as short
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:DKNGshort+0.0050%1h22.079+0.086%$1.8M$2.1M10x
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+0.0139%8h22.0600.000%$295K$616K20xas long as short