Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.3% APRnext payment −$0.02 per $10,000 · paid last 24h −0.016%
Price spread now: Bybit against BloFin+0.241%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$1091.087% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 3 days (all we have)−0.241%−$24 · spread now +0.241%, 7d avg −0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.278% dearer against BloFin than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARKM-USDT | 0.1247 | 0.0102 | pay 0.0102% / 8h | 1h 53m | $142K | $72K | 50x |
| Short | Bybit ARKMUSDT | 0.1250 | 0.0100 | get 0.0100% / 8h | 1h 53m | $2.4M | $2.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$0.51
- Price spread: +0.241% → −0.037%
- $27.77
- Slippage, 4 orders
- −$85.73
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$81.47
- Costs to cover
- 1.087%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 20 min ago; Bybit: 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 BloFin live order book, 20 min ago | 11.99 bp | 18.0 bp −$18 | 53.9 bp −$539 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.19 bp | 39.6 bp −$40 | 56.4 bp −$564 | 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 | −0.1571% | 1h | 0.1249 | +0.183% | $21K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1252 | +0.380% | $7K | — | 5x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1251 | +0.288% | $12K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1248 | +0.072% | $2.7M | $9.5M | 50x | as long as short |
| Bybit ARKMUSDTshort | +0.0100% | 8h | 0.1250 | +0.241% | $2.4M | $2.1M | 50x | |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1248 | +0.064% | $784K | $2.3M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1250 | +0.241% | $249K | $228K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1248 | +0.080% | $3.2M | $1.0M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1249 | +0.136% | $524K | $78K | 30x | as long as short |
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1251 | +0.321% | $1.4M | $1.1M | 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 | 0.1250 | +0.241% | — | $2.4M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1252 | +0.392% | $9K | $18K | — | as long as short |
| BloFin ARKM-USDTlong | +0.0102% | 8h | 0.1247 | long leg | $142K | $72K | 50x |
BloFin ARKM-USDT
Bybit ARKMUSDT
Kraken Futures PF_ARKMUSD
Aster ARKMUSDT
Binance ARKMUSDT
OKX ARKM-USDT-SWAP
Gate ARKM_USDT
MEXC ARKM_USDT
KuCoin ARKMUSDTM
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM