DKNG perps: where to trade DraftKings perpetual futures
8 tracked venues list DKNG perps.
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The cheapest place to trade DKNG perps right now is Binance (DKNGUSDT): 23.16 bps all-in for a $10,000 market buy at the standard taker fee, measured 11:12 UTC on 2026-10-03.
The next two venues are trade.xyz 27.66 bps and Bitget 42.34 bps. 7 of 8 DKNG markets gave a measured cost.
The Binance fee in this cost is a promotion for every account. Binance can end it.
Promo rate for eligible accounts: MEXC (DKNGSTOCK_USDT) shows 17.05 bps at a 0.000% taker fee that only some accounts get (MEXC: stock futures listing notice, checked 2026-09-25). MEXC does not state the DKNG fee for other accounts, so this cost is not ranked.
DKNG perps list on 8 tracked venues: 6 centralized exchanges, 1 Hyperliquid HIP-3 deployment, 1 other decentralized venues.
Maximum DKNG leverage runs from 10x on OKX (DKNG-USDT-SWAP) to 50x on MEXC (DKNGSTOCK_USDT).
Measured DKNG cost for a $10,000 buy
- Binance23.16
- trade.xyz27.66
- Bitget42.34
- Gate55.65
- OKX73.10
- Aster87.39
- Bybit95.71
DKNG funding and open interest
Funding now runs from 0.0% a year on Aster to 5.5% on trade.xyz, across 8 DKNG markets. A positive rate means that longs pay shorts.
8 DKNG markets report open interest, $1.6 million in total. trade.xyz holds 38% of it ($0.6 million).
Where to trade DraftKings perpetual futures
| Venue | Market | Max leverage | Funding now | Annual rate now | 7-day mean, annual | Open interest | Book cost (bps) | Taker fee | All-in (bps) | Promo rate, eligible accounts |
|---|---|---|---|---|---|---|---|---|---|---|
| Binance | DKNGUSDT | 20x | 0.0000% / 8 h | 0.0% | +2.7% | $403K | 19.16 | 0.040% (docs, promotion for all accounts) | 23.16 | — |
| trade.xyz | xyz:DKNG | 10x | +0.0006% / 1 h | +5.5% | −1.0% | $601K | 26.76 | 0.0090% (API, live) | 27.66 | — |
| Bitget | DKNGUSDT | 20x | 0.0000% / 8 h | 0.0% | +3.1% | $128K | 36.34 | 0.060% (API) | 42.34 | — |
| Gate | DKNG_USDT | 20x | 0.0000% / 8 h | 0.0% | +2.9% | $41K | 48.15 | 0.075% (API) | 55.65 | — |
| OKX | DKNG-USDT-SWAP | 10x | 0.0000% / 8 h | 0.0% | +0.2% | $167K | 68.10 | 0.050% (docs) | 73.10 | — |
| Aster | DKNGUSDT | 20x | 0.0000% / 8 h | 0.0% | 0.0% | $4,156 | 86.14 | 0.013% (docs) | 87.39 | — |
| Bybit | DKNGUSDT | 25x | 0.0000% / 8 h | 0.0% | 0.0% | $86K | 92.96 | 0.028% (docs, promotion for all accounts) | 95.71 | — |
| MEXC | DKNGSTOCK_USDT | 50x | 0.0000% / 8 h | 0.0% | +2.5% | $161K | 17.05 | Not stated for all accounts | — | 0.000% = 17.05 bps (eligible accounts, source, 2026-09-25) |
Method: a $10,000 DKNG market buy fills against each public DKNG book.
The DKNG book cost is that fill price against the mid, in bps. The DKNG all-in cost adds the standard taker fee that every new account gets.
A DKNG promo rate that only eligible accounts get is shown in its own column and is never ranked.
A DKNG book price does not prove that the venue accepts DKNG orders at that time, so check the DKNG hours table.
Annual DKNG funding is the rate per hour times 8,760, with no compounding. The DKNG markets come from venue APIs read on 2026-09-25.
DKNG trading hours and price source by venue
| Venue | Market | Hours | Price source |
|---|---|---|---|
| Aster | DKNGUSDT | 24/7, 5% band off-hours | Several, with Pyth |
| Binance | DKNGUSDT | 24/7, book EWMA weekends | Unnamed data vendors |
| Bitget | DKNGUSDT | 24/7, book EMA off-hours | Pyth, dxFeed, Massive, Intrinio |
| Bybit | DKNGUSDT | 24/7 | Index with Pyth |
| Gate | DKNG_USDT | Index holds last close | Paid feeds, crypto venues |
| MEXC | DKNGSTOCK_USDT | Varies, no trades closed | Not named in docs |
| OKX | DKNG-USDT-SWAP | 24/7 book, anchored weekends | Several providers |
| trade.xyz | xyz:DKNG | 24/7, bounded off-hours | Relayer, Blue Ocean ATS |
Find your liquidation price with the liquidation price calculator for DKNG. Compare all tickers on the stock perps hub. Read how trade.xyz lists DKNG on Hyperliquid.
Where to Trade DraftKings (DKNG) Perpetual Futures
Fees and leverage limits apply venue-wide; check DKNG terms with the venue.
DraftKings (DKNG) market overview
DraftKings is a leading US online sports-betting and iGaming operator, growing with the state-by-state legalization of mobile wagering. DKNG perpetual futures offer 24/7 leveraged exposure to a high-growth, high-beta consumer name.
Frequently Asked Questions — DraftKings (DKNG)
What open interest data is available for DKNG?
1 venue report positive DKNG open interest in this read.
The DKNG total leaves out venues outside the read.
How does a DraftKings perpetual futures contract differ from the underlying asset?
A DraftKings perpetual tracks the DraftKings price, with no expiry date and no ownership of DraftKings.
Check each venue for DraftKings trading hours and the price source.
Category: Stocks