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DraftKings (DKNG) Funding Rate

DraftKings (DKNG) perpetual funding on 9 exchanges: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.

Updated · How we count

DraftKings (DKNG) funding rate on every exchange

ExchangeRate per 8 hPer periodPredictedBy premiumAnnual1 day · 7 days · 30 daysNext payment24h volume
KuCoin8 hbest long−0.0214%−0.0214%——−23.4%0.0000%+0.200%+1.156%$314.6K
LBank8 h0.0000%0.0000%—+0.0940%0.0%0.0000%−0.0576%−0.0496%—
Binance8 h0.0000%0.0000%—+0.0633%0.0%0.0000%−0.0580%+0.0232%—
BTSE8 h0.0000%0.0000%——0.0%0.0000%0.0000%0.0000%$277.7K
Bybit8 h0.0000%0.0000%—+0.0100%0.0%0.0000%−0.0266%−0.0301%$561.1K
Crypto.com1 h+0.0046%+0.0006%——5.0%+0.0758%+1.164%+6.571%—
Deepcoin8 h+0.0100%+0.0100%——11.0%−0.0300%−0.136%+0.413%$71.3K
XT8 h+0.0100%+0.0100%—+0.0100%11.0%+0.0038%−0.0799%+0.158%$82.7K
WEEX8 hbest short+0.0108%+0.0108%—+0.0100%11.8%+0.0298%+0.109%+0.807%$84.9K

What DraftKings (DKNG) funding actually paid

Over 7 days, a DraftKings (DKNG) long paid +0.124% on average across exchanges (6.5% a year). The most on Crypto.com (+1.164%), the least on Deepcoin (−0.136%).

Over 30 days, a DraftKings (DKNG) long paid +1.005% on average across exchanges (12.2% a year). The most on Crypto.com (+6.571%), the least on LBank (−0.0496%).

DraftKings (DKNG) funding rate history chart

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DraftKings (DKNG) funding arbitrage right now

Among the exchanges that publish a 24h volume, the lowest rate now is on KuCoin (−0.0214% per 8 h), the highest on WEEX (+0.0108%). Long on KuCoin and short on WEEX, price hedged: a difference of 35.2% a year before fees and before the rates move.

Rates only. The price spread between the two perps, fees to enter and exit, book depth and whether the rate holds are in the futures screener →

DraftKings (DKNG) perpetual futures by exchange

BybitDKNG/USDT:USDT$20.8350$561.1K
KuCoinDKNG/USDT:USDT$20.8400$314.6K
BTSEDKNG/USDT:USDT$20.8550$277.7K
WEEXDKNG/USDT:USDT$20.8750$84.9K
XTDKNG/USDT:USDT$20.8500$82.7K
DeepcoinDKNG/USDT:USDT$20.8700$71.3K
Crypto.comDKNG/USD:USD$20.8450—
LBankDKNG/USDT:USDT—
BinanceDKNG/USDT:USDT$20.8700—
DraftKings (DKNG) page: spot, routes, networks

FAQ

What is the DraftKings (DKNG) funding rate?

A periodic payment between long and short holders of DraftKings (DKNG) perpetual futures that keeps the contract price near spot. When the rate is positive, longs pay shorts; when negative, shorts pay longs. Right now it ranges from −0.0214% to 0.0108% per 8 hours across 9 exchanges.

How often is DraftKings (DKNG) funding paid?

Every 8 hours on most exchanges, every 1–4 hours on some (Hyperliquid pays hourly). The table shows each exchange's interval and the time to the next payment.

Why is the DraftKings (DKNG) funding rate different on each exchange?

Each exchange computes it from its own premium of perpetual over index price and its own interval and caps. The difference is what funding arbitrage earns: short where funding is highest, long where it is lowest.

Does a high APR mean high profit?

No. APR extrapolates the current rate over a year, and rates change every period. Compare it with what was actually paid over 7 and 30 days in the table above.