Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.13 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Binance+0.047%111s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$980.975% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.047%, 7d avg +0.021%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.026% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.021%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARKMUSDT | 0.1300 | 0.0100 | pay 0.0100% / 8h | 1h 07m | $2.8M | $10.6M | 50x |
| Short | BloFin ARKM-USDT | 0.1301 | 0.0113 | get 0.0113% / 8h | 1h 07m | $144K | $44K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $2.72
- Price spread: +0.047% → +0.021%
- $2.59
- Slippage, 4 orders
- −$75.52
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$92.21
- Costs to cover
- 0.975%
- Break-even
- 244.7 days
Slippage from Binance: live order book, 2 min ago; BloFin: live order book, 59 min ago.
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 Binance live order book, 2 min ago | 3.84 bp | 21.5 bp −$22 | 82.8 bp −$828 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 59 min ago | 7.69 bp | 32.0 bp −$32 | 89.8 bp −$898 | doesn't fit | doesn't fit |
ARKM on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARKMUSD | −0.1381% | 1h | 0.1300 | −0.058% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1300 | −0.010% | $7K | $47 | 5x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1302 | +0.124% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDTlong | +0.0100% | 8h | 0.1300 | long leg | $2.8M | $10.6M | 50x | |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1300 | −0.015% | $2.4M | $2.4M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1300 | −0.015% | $801K | $2.6M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1299 | −0.107% | $240K | $257K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1301 | +0.047% | $3.4M | $1.3M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1303 | +0.178% | $1.4M | $374K | 30x | as long as short |
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1300 | −0.030% | $1.4M | $1.2M | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARKM-USDT | +0.0100% | 8h | 0.1301 | +0.047% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1302 | +0.148% | $9K | $12K | — | as long as short |
| BloFin ARKM-USDTshort | +0.0113% | 8h | 0.1301 | +0.047% | $144K | $44K | 50x |
Binance ARKMUSDT
BloFin ARKM-USDT
Kraken Futures PF_ARKMUSD
Aster ARKMUSDT
Bybit ARKMUSDT
OKX ARKM-USDT-SWAP
Gate ARKM_USDT
MEXC ARKM_USDT
KuCoin ARKMUSDTM
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM