Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.128%
Price spread now: Gate against tradeXYZ+0.005%7-day average +0.037% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.217%−$22 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now +0.005%, 7d avg +0.037%
=Together, before fees−0.110%+ Points / potential airdroptradeXYZ: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.033% cheaper against tradeXYZ than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.037%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:DKNG | 22.094 | 0.0050 | pay 0.0006% / 1h | 8m 18s | $1.8M | $2.1M | 10x |
| Short | Gate DKNG_USDT | 22.095 | 0 | get 0.0000% / 8h | 2h 08m | $109K | $8K | 20x |
tradeXYZ xyz:DKNG
Gate DKNG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against tradeXYZ. 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
- −$10.5
- Price spread: +0.005% → +0.037%
- −$3.26
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$46.76
- Costs to cover
- 0.330%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 10 min ago; Gate: live order book, 32 min ago. 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 tradeXYZ live order book, 10 min ago | 1.13 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 32 min ago | 25.39 bp | 51.6 bp −$52 | 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 | 22.066 | −0.127% | $1K | $11K | 20x | as long as short |
| Bybit DKNGUSDT | 0.0000% | 8h | 22.070 | −0.109% | $77K | $68K | 25x | as long as short |
| Gate DKNG_USDTshort | 0.0000% | 8h | 22.095 | +0.005% | $109K | $8K | 20x | |
| Bitget DKNGUSDT | 0.0000% | 8h | 22.054 | −0.181% | $125K | $65K | 20x | as long as short |
| SunX DKNG-USDT | 0.0000% | 8h | 22.080 | −0.063% | $938 | $660K | 10x | as long as short |
| HTX DKNG-USDT | 0.0000% | 8h | 22.070 | −0.109% | $6K | $4K | 10x | as long as short |
| OKX DKNG-USDT-SWAP | +0.0010% | 8h | 22.040 | −0.244% | $114K | $107K | 20x | as long as short |
| Injective DKNG/USDC PERP | +0.0033% | 1h | 21.990 | −0.471% | $707 | $6K | 12x | as long as short |
| tradeXYZ xyz:DKNGlong | +0.0050% | 1h | 22.094 | long leg | $1.8M | $2.1M | 10x | |
| KuCoin DKNGUSDTM | +0.0100% | 8h | 22.020 | −0.335% | $90K | $378K | 20x | as long as short |
Aster DKNGUSDT
Bybit DKNGUSDT
Bitget DKNGUSDT
SunX DKNG-USDT
HTX DKNG-USDT
OKX DKNG-USDT-SWAP
Injective DKNG/USDC PERP
KuCoin DKNGUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DKNG | +0.0187% | 8h | 22.081 | −0.058% | $78K | $51K | — | as long as short |
| Binance DKNGUSDT | +0.0259% | 8h | 22.070 | −0.109% | $296K | $611K | 20x | as long as short |
Variational Omni DKNG
Binance DKNGUSDT