Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.11 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against BloFin+0.077%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$530as in the Funding arb table
Net, price: spread back to 7d avg − costs−$519as in the Price arb table
costs, in and out, $10k−$5305.300% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.077%, 7d avg −0.028%
=The price spread pays, funding is against you. KuCoin is 0.105% dearer against BloFin than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of −0.028%): +$11 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 31 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARKM-USDT | 0.1293 | 0.0111 | pay 0.0111% / 8h | 3h 28m | $146K | $44K | 50x |
| Short | KuCoin ARKMUSDTM | 0.1294 | 0.0100 | get 0.0100% / 8h | 3h 28m | $1.2M | $291K | 30x |
BloFin ARKM-USDT
KuCoin ARKMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$2.35
- Price spread: +0.077% → −0.028%
- $10.5
- Slippage, 4 orders
- −$506
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$521.84
- Costs to cover
- 5.300%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 53 min ago; KuCoin: live order book, 2 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, 53 min ago | 7.82 bp | 30.3 bp −$30 | 53.7 bp −$537 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 11.58 bp | 222.1 bp −$222 | doesn't fit | 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 | −0.1725% | 1h | 0.1292 | −0.092% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1294 | +0.077% | $7K | $47 | 5x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1294 | +0.052% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1292 | −0.079% | $2.8M | $10.1M | 50x | as long as short |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1292 | −0.077% | $2.4M | $2.3M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1291 | −0.131% | $793K | $2.5M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1292 | −0.077% | $239K | $250K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1291 | −0.155% | $3.4M | $1.2M | 200x | as long as short |
| KuCoin ARKMUSDTMshort | +0.0100% | 8h | 0.1294 | +0.077% | $1.2M | $291K | 30x | |
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1294 | +0.077% | $1.4M | $1.1M | 50x | 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
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 | 0.1292 | −0.077% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1296 | +0.261% | $9K | $12K | — | as long as short |
| BloFin ARKM-USDTlong | +0.0111% | 8h | 0.1293 | long leg | $146K | $44K | 50x |
BingX ARKM-USDT
Variational Omni ARKM