Funding you earn now, next payment 00:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.21 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against BingX−0.079%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$960.956% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 3 days (all we have)+0.110%+$11 · spread now −0.079%, 7d avg +0.035%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.114% cheaper against BingX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.035%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARKM-USDT | 0.1262 | 0.0100 | pay 0.0100% / 8h | 56m 46s | — | $2.4M | — |
| Short | BloFin ARKM-USDT | 0.1261 | 0.0079 | get 0.0079% / 8h | 56m 46s | $141K | $72K | 50x |
BingX ARKM-USDT
BloFin ARKM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$4.4
- Price spread: −0.079% → +0.035%
- −$11.42
- Slippage, 4 orders
- −$73.57
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$111.39
- Costs to cover
- 0.956%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; BloFin: live order book, 4 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 BingX live order book, 2 min ago | 11.90 bp | 28.9 bp −$29 | 69.8 bp −$698 | 233.0 bp −$23.3K | 271.7 bp −$135.9K |
| Sell BloFin live order book, 4 min ago | 3.97 bp | 22.7 bp −$23 | 64.5 bp −$645 | 378.8 bp −$37.9K | 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 | −0.1921% | 1h | 0.1261 | −0.101% | $21K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1264 | +0.183% | $7K | — | 5x | as long as short |
| BloFin ARKM-USDTshort | +0.0079% | 8h | 0.1261 | −0.079% | $141K | $72K | 50x | |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1263 | +0.074% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1264 | +0.128% | $2.7M | $9.5M | 50x | as long as short |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1263 | +0.119% | $2.4M | $2.2M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1265 | +0.238% | $779K | $2.3M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1261 | −0.079% | $250K | $230K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1263 | +0.079% | $3.3M | $1.1M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1262 | 0.000% | $519K | $79K | 30x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
Aster ARKMUSDT
Binance ARKMUSDT
Bybit ARKMUSDT
OKX ARKM-USDT-SWAP
Gate ARKM_USDT
MEXC ARKM_USDT
KuCoin ARKMUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1263 | +0.079% | $1.4M | $1.1M | 50x | as long as short |
| BingX ARKM-USDTlong | +0.0100% | 8h | 0.1262 | long leg | — | $2.4M | — | |
| Variational Omni ARKM | +0.0100% | 8h | 0.1256 | −0.481% | $9K | $18K | — | as long as short |
Bitget ARKMUSDT
Variational Omni ARKM