Funding you earn now, next payment 09:00 UTC−0.1692%/8h= −185.3% APRpaid last 24h −0.570%
Price spread now: Kraken Futures against Binance−0.305%54s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$51 a day on $10k at the current rate, and Kraken Futures is 0.305% cheaper against Binance than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 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 | 0.1282 | 0.0100 | pay 0.0100% / 8h | 7h 58m | $2.7M | $10.6M | 50x |
| Short | Kraken Futures PF_ARKMUSD | 0.1278 | −0.1592 | pay 0.0199% / 1h | 58m 18s | $22K | $1K | 10x |
Binance ARKMUSDT
Kraken Futures PF_ARKMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$355.31
- Price spread: −0.305% → 0.000%
- −$30.47
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$405.78
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 11 min ago; Kraken Futures: no order-book sample. 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 Binance live order book, 11 min ago | 3.90 bp | 23.3 bp −$23 | 87.8 bp −$878 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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_ARKMUSDshort | −0.1592% | 1h | 0.1278 | −0.305% | $22K | $1K | 10x | |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1282 | +0.024% | $7K | $47 | 5x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1282 | 0.000% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDTlong | +0.0100% | 8h | 0.1282 | long leg | $2.7M | $10.6M | 50x | |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1281 | −0.101% | $2.3M | $2.4M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1281 | −0.101% | $783K | $2.5M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1279 | −0.234% | $236K | $244K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1281 | −0.078% | $3.2M | $1.2M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1284 | +0.156% | $1.4M | $371K | 30x | as long as short |
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1281 | −0.078% | $1.4M | $1.2M | 50x | as long as short |
dYdX ARKM-USD
Aster ARKMUSDT
Bybit ARKMUSDT
OKX ARKM-USDT-SWAP
Gate ARKM_USDT
MEXC ARKM_USDT
KuCoin ARKMUSDTM
Bitget ARKMUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARKM-USDT | +0.0100% | 8h | 0.1282 | 0.000% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1280 | −0.119% | $9K | $12K | — | as long as short |
| BloFin ARKM-USDT | +0.0104% | 8h | 0.1281 | −0.078% | $141K | $49K | 50x | as long as short |
BingX ARKM-USDT
Variational Omni ARKM
BloFin ARKM-USDT