Funding you earn now, next payment 08:00 UTC+0.0103%/8h= +11.3% APRnext payment +$1.03 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Bybit+0.189%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1081.084% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 3 days (all we have)−0.244%−$24 · spread now +0.189%, 7d avg +0.038%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.152% dearer against Bybit than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARKMUSDT | 0.1268 | −0.0025 | get 0.0025% / 8h | 7h 39m | $2.3M | $2.2M | 50x |
| Short | BloFin ARKM-USDT | 0.1270 | 0.0078 | get 0.0078% / 8h | 7h 39m | $145K | $83K | 50x |
Bybit ARKMUSDT
BloFin ARKM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $21.65
- Price spread: +0.189% → +0.038%
- $15.16
- Slippage, 4 orders
- −$85.44
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$71.64
- Costs to cover
- 1.084%
- Break-even
- 30.2 days
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 17 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, 3 min ago | 1.58 bp | 31.6 bp −$32 | 51.5 bp −$515 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 17 min ago | 7.86 bp | 18.7 bp −$19 | 47.4 bp −$474 | 385.5 bp −$38.6K | 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 | −0.2281% | 1h | 0.1264 | −0.323% | $21K | $1K | 10x | as long as short |
| Bybit ARKMUSDTlong | −0.0025% | 8h | 0.1268 | long leg | $2.3M | $2.2M | 50x | |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1269 | +0.094% | $7K | — | 5x | as long as short |
| BloFin ARKM-USDTshort | +0.0078% | 8h | 0.1270 | +0.189% | $145K | $83K | 50x | |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1269 | +0.072% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1267 | −0.047% | $2.7M | $9.7M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1267 | −0.047% | $781K | $2.4M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1267 | −0.047% | $250K | $235K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1267 | −0.047% | $3.3M | $1.1M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1268 | +0.032% | $519K | $82K | 30x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
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 | 0.1269 | +0.110% | $1.4M | $1.1M | 50x | as long as short |
| BingX ARKM-USDT | +0.0100% | 8h | 0.1267 | −0.047% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1268 | +0.044% | $9K | $18K | — | as long as short |
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM