Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate−0.167%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$222as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2192.187% of the position
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.167%, 7d avg −0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.132% cheaper against Gate than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARKM_USDT | 0.1255 | 0.0100 | pay 0.0100% / 8h | 2h 37m | $250K | $230K | 50x |
| Short | OKX ARKM-USDT-SWAP | 0.1253 | 0.0100 | get 0.0100% / 8h | 2h 37m | $786K | $2.3M | 20x |
Gate ARKM_USDT
OKX ARKM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: −0.167% → −0.035%
- −$13.2
- Slippage, 4 orders
- −$193.67
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$231.88
- Costs to cover
- 2.187%
- Break-even
- never at this rate
Slippage from Gate: live order book, 46 min ago; OKX: live order book, 4 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, 46 min ago | 11.94 bp | 82.1 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 6.78 bp | 34.9 bp −$35 | 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 | −0.1906% | 1h | 0.1253 | −0.125% | $21K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1255 | +0.030% | $7K | — | 5x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1254 | −0.047% | $12K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1254 | −0.067% | $2.7M | $9.5M | 50x | as long as short |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1254 | −0.080% | $2.4M | $2.1M | 50x | as long as short |
| OKX ARKM-USDT-SWAPshort | +0.0100% | 8h | 0.1253 | −0.167% | $786K | $2.3M | 20x | |
| Gate ARKM_USDTlong | +0.0100% | 8h | 0.1255 | long leg | $250K | $230K | 50x | |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1254 | −0.080% | $3.2M | $1.0M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1256 | +0.080% | $500K | $62K | 30x | as long as short |
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1255 | 0.000% | $1.4M | $1.1M | 50x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
Aster ARKMUSDT
Binance ARKMUSDT
Bybit ARKMUSDT
MEXC 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 | 0.1254 | −0.080% | — | $2.4M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1254 | −0.060% | $9K | $18K | — | as long as short |
| BloFin ARKM-USDT | +0.0115% | 8h | 0.1255 | 0.000% | $143K | $73K | 50x | as long as short |
BingX ARKM-USDT
Variational Omni ARKM
BloFin ARKM-USDT