Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against BloFin−0.097%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$780.775% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 3 days (all we have)+0.015%+$2 · spread now −0.097%, 7d avg −0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.062% cheaper against BloFin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARKM-USDT | 0.1272 | 0.0094 | pay 0.0094% / 8h | 54m 51s | $143K | $73K | 50x |
| Short | Binance ARKMUSDT | 0.1271 | 0.0100 | get 0.0100% / 8h | 54m 51s | $2.7M | $9.5M | 50x |
BloFin ARKM-USDT
Binance ARKMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $1.19
- Price spread: −0.097% → −0.035%
- −$6.22
- Slippage, 4 orders
- −$55.5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$82.53
- Costs to cover
- 0.775%
- Break-even
- 492.6 days
Slippage from BloFin: live order book, 6 min ago; Binance: live order book, 15 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 BloFin live order book, 6 min ago | 3.97 bp | 17.6 bp −$18 | 35.6 bp −$356 | 439.0 bp −$43.9K | doesn't fit |
| Sell Binance live order book, 15 min ago | 4.01 bp | 22.4 bp −$22 | 71.2 bp −$712 | 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 | −0.1907% | 1h | 0.1270 | −0.145% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1273 | +0.104% | $7K | — | 5x | as long as short |
| BloFin ARKM-USDTlong | +0.0094% | 8h | 0.1272 | long leg | $143K | $73K | 50x | |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1273 | +0.081% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDTshort | +0.0100% | 8h | 0.1271 | −0.097% | $2.7M | $9.5M | 50x | |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1271 | −0.079% | $2.4M | $2.2M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1270 | −0.134% | $788K | $2.4M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1271 | −0.079% | $252K | $230K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1272 | 0.000% | $3.3M | $1.1M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1271 | −0.063% | $523K | $79K | 30x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
Aster 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 | 0.1272 | 0.000% | $1.4M | $1.1M | 50x | as long as short |
| BingX ARKM-USDT | +0.0100% | 8h | 0.1272 | 0.000% | — | $2.4M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1263 | −0.675% | $9K | $18K | — | as long as short |
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM