Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.5% APRnext payment +$0.13 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bybit+0.054%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1451.449% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 7 days−0.116%−$12 · spread now +0.054%, 7d avg −0.040%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BingX is 0.094% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARKMUSDT | 0.1293 | 0.0087 | pay 0.0087% / 8h | 52m 51s | $2.4M | $2.4M | 50x |
| Short | BingX ARKM-USDT | 0.1294 | 0.0100 | get 0.0100% / 8h | 52m 51s | — | $2.5M | — |
Bybit ARKMUSDT
BingX ARKM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- $2.82
- Price spread: +0.054% → −0.040%
- $9.45
- Slippage, 4 orders
- −$123.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$132.63
- Costs to cover
- 1.449%
- Break-even
- 336.2 days
Slippage from Bybit: live order book, 4 min ago; BingX: live order book, 12 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 Bybit live order book, 4 min ago | 5.82 bp | 42.3 bp −$42 | 54.5 bp −$545 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 11.59 bp | 30.3 bp −$30 | 74.9 bp −$749 | 353.0 bp −$35.3K | 480.6 bp −$240.3K |
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 | −0.1575% | 1h | 0.1291 | −0.198% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1294 | +0.053% | $7K | $47 | 5x | as long as short |
| Bybit ARKMUSDTlong | +0.0087% | 8h | 0.1293 | long leg | $2.4M | $2.4M | 50x | |
| BloFin ARKM-USDT | +0.0091% | 8h | 0.1291 | −0.178% | $144K | $44K | 50x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1295 | +0.140% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1293 | −0.009% | $2.7M | $10.6M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1292 | −0.085% | $792K | $2.6M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1293 | −0.023% | $239K | $250K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1293 | −0.023% | $3.4M | $1.2M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1295 | +0.131% | $1.4M | $374K | 30x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
BloFin ARKM-USDT
Aster ARKMUSDT
Binance 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 | 0.1294 | +0.054% | $1.4M | $1.2M | 50x | as long as short |
| BingX ARKM-USDTshort | +0.0100% | 8h | 0.1294 | +0.054% | — | $2.5M | — | |
| Variational Omni ARKM | +0.0100% | 8h | 0.1288 | −0.393% | $9K | $12K | — | as long as short |
Bitget ARKMUSDT
Variational Omni ARKM