Funding you earn now, next payment 08:00 UTC−0.0015%/8h= −1.6% APRnext payment −$0.15 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Gate+0.314%63s7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1711.705% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.360%−$36 · spread now +0.314%, 7d avg +0.031%
=The price spread pays, funding is against you. BloFin is 0.283% dearer against Gate than usual: you sell high and buy low (spread +0.314% now, against its 7-day average of +0.031%): +$28 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 2 months. At the pace of the last 7 days (−0.004% in total) that is about 15 months. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARKM_USDT | 0.1272 | 0.0100 | pay 0.0100% / 8h | 2h 39m | $235K | $255K | 50x |
| Short | BloFin ARKM-USDT | 0.1276 | 0.0085 | get 0.0085% / 8h | 2h 39m | $142K | $44K | 50x |
Gate ARKM_USDT
BloFin ARKM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$3.06
- Price spread: +0.314% → +0.031%
- $28.31
- Slippage, 4 orders
- −$143.53
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$145.28
- Costs to cover
- 1.705%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; BloFin: live order book, 32 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 Gate live order book, 2 min ago | 7.84 bp | 73.4 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 32 min ago | 3.88 bp | 11.8 bp −$12 | 39.3 bp −$393 | 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 | −0.1786% | 1h | 0.1270 | −0.150% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1272 | +0.019% | $7K | $47 | 5x | as long as short |
| BloFin ARKM-USDTshort | +0.0085% | 8h | 0.1276 | +0.314% | $142K | $44K | 50x | |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1271 | −0.072% | $13K | $11K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1271 | −0.069% | $2.7M | $10.3M | 50x | as long as short |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1271 | −0.102% | $2.3M | $2.4M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1272 | −0.024% | $779K | $2.5M | 20x | as long as short |
| Gate ARKM_USDTlong | +0.0100% | 8h | 0.1272 | long leg | $235K | $255K | 50x | |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1271 | −0.079% | $3.2M | $1.2M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1272 | +0.016% | $1.2M | $294K | 30x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
Aster ARKMUSDT
Binance ARKMUSDT
Bybit ARKMUSDT
OKX ARKM-USDT-SWAP
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 | 0.1271 | −0.079% | $1.4M | $1.2M | 50x | as long as short |
| BingX ARKM-USDT | +0.0100% | 8h | 0.1272 | 0.000% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1275 | +0.259% | $9K | $12K | — | as long as short |
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM