Funding you earn now, next payment 16:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against BloFin+0.078%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$470.470% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.078%, 7d avg −0.029%
=The price spread pays, funding is against you. MEXC is 0.108% dearer against BloFin than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of −0.029%): +$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 | 0.1277 | 0.0112 | pay 0.0112% / 8h | 7h 55m | $142K | $49K | 50x |
| Short | MEXC ARKM_USDT | 0.1278 | 0.0100 | get 0.0100% / 8h | 7h 55m | $3.2M | $1.2M | 200x |
BloFin ARKM-USDT
MEXC ARKM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$2.43
- Price spread: +0.078% → −0.029%
- $10.77
- Slippage, 4 orders
- −$30.96
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$38.62
- Costs to cover
- 0.470%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 66 min ago; MEXC: 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, 66 min ago | 11.58 bp | 17.6 bp −$18 | 48.9 bp −$489 | 384.5 bp −$38.5K | doesn't fit |
| Sell MEXC live order book, 2 min ago | 3.90 bp | 5.9 bp −$6 | 23.4 bp −$234 | 122.8 bp −$12.3K | 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 | −0.1595% | 1h | 0.1276 | −0.101% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1279 | +0.156% | $7K | $47 | 5x | as long as short |
| Bybit ARKMUSDT | +0.0077% | 8h | 0.1279 | +0.172% | $2.3M | $2.4M | 50x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1279 | +0.190% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1280 | +0.229% | $2.7M | $10.6M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1278 | +0.039% | $782K | $2.5M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1277 | 0.000% | $236K | $244K | 50x | as long as short |
| MEXC ARKM_USDTshort | +0.0100% | 8h | 0.1278 | +0.078% | $3.2M | $1.2M | 200x | |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1281 | +0.321% | $1.4M | $371K | 30x | as long as short |
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1278 | +0.078% | $1.4M | $1.2M | 50x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
Bybit ARKMUSDT
Aster ARKMUSDT
Binance ARKMUSDT
OKX ARKM-USDT-SWAP
Gate ARKM_USDT
KuCoin ARKMUSDTM
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 | 0.1280 | +0.235% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1278 | +0.085% | $9K | $12K | — | as long as short |
| BloFin ARKM-USDTlong | +0.0112% | 8h | 0.1277 | long leg | $142K | $49K | 50x |
BingX ARKM-USDT
Variational Omni ARKM