Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against Bitget+0.160%45s7-day average +0.051% · 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−$1000.995% of the position
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 3 days (all we have)−0.068%−$7 · spread now +0.160%, 7d avg +0.051%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.109% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.051%. The two prices were read 45 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 | Bitget ARKMUSDT | 0.1249 | 0.0100 | pay 0.0100% / 8h | 2h 52m | $1.4M | $1.1M | 50x |
| Short | BloFin ARKM-USDT | 0.1251 | 0.0120 | get 0.0120% / 8h | 2h 52m | $142K | $72K | 50x |
Bitget ARKMUSDT
BloFin ARKM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $4.19
- Price spread: +0.160% → +0.051%
- $10.9
- Slippage, 4 orders
- −$75.52
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$84.43
- Costs to cover
- 0.995%
- Break-even
- 148.2 days
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 28 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 Bitget live order book, 4 min ago | 4.00 bp | 20.8 bp −$21 | 56.4 bp −$564 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 28 min ago | 4.00 bp | 31.4 bp −$31 | 71.6 bp −$716 | 333.9 bp −$33.4K | 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 | −0.1912% | 1h | 0.1249 | +0.032% | $21K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1250 | +0.078% | $7K | — | 5x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1250 | +0.082% | $12K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1249 | +0.010% | $2.6M | $9.5M | 50x | as long as short |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1249 | 0.000% | $2.4M | $2.1M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1249 | −0.016% | $783K | $2.2M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1248 | −0.080% | $249K | $230K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1250 | +0.080% | $3.2M | $1.0M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1248 | −0.080% | $496K | $62K | 30x | as long as short |
| Bitget ARKMUSDTlong | +0.0100% | 8h | 0.1249 | long leg | $1.4M | $1.1M | 50x |
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ARKM-USDT | +0.0100% | 8h | 0.1249 | 0.000% | — | $2.4M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1249 | +0.016% | $9K | $18K | — | as long as short |
| BloFin ARKM-USDTshort | +0.0120% | 8h | 0.1251 | +0.160% | $142K | $72K | 50x |
BingX ARKM-USDT
Variational Omni ARKM