Funding you earn now, next payment 08:00 UTC+0.1659%/8h= +181.6% APRpaid last 24h +0.570%
Price spread now: Binance against Kraken Futures−0.045%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Binance is 0.045% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.045% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 2 hours of funding at the current rate (+$50 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ARKMUSD | 0.1304 | −0.1559 | get 0.0195% / 1h | 41m 36s | $22K | $1K | 10x |
| Short | Binance ARKMUSDT | 0.1304 | 0.0100 | get 0.0100% / 8h | 41m 36s | $2.8M | $10.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. 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
- $348.34
- Price spread: −0.045% → 0.000%
- −$4.51
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $323.83
- Costs to cover
- 0.200%
- Break-even
- 0.5 days
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 13 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 13 min ago | 3.86 bp | 28.1 bp −$28 | 87.6 bp −$876 | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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_ARKMUSDlong | −0.1559% | 1h | 0.1304 | long leg | $22K | $1K | 10x | |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1306 | +0.152% | $7K | $47 | 5x | as long as short |
| Bybit ARKMUSDT | +0.0066% | 8h | 0.1303 | −0.058% | $2.4M | $2.4M | 50x | as long as short |
| BloFin ARKM-USDT | +0.0071% | 8h | 0.1301 | −0.250% | $144K | $44K | 50x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1305 | +0.023% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDTshort | +0.0100% | 8h | 0.1304 | −0.045% | $2.8M | $10.6M | 50x | |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1302 | −0.150% | $798K | $2.6M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1303 | −0.096% | $241K | $251K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1304 | −0.020% | $3.4M | $1.3M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1306 | +0.164% | $1.4M | $373K | 30x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1304 | −0.020% | $1.4M | $1.2M | 50x | as long as short |
| BingX ARKM-USDT | +0.0100% | 8h | 0.1303 | −0.096% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1300 | −0.353% | $9K | $12K | — | as long as short |
Kraken Futures PF_ARKMUSD
Binance ARKMUSDT
Bybit ARKMUSDT
BloFin ARKM-USDT
Aster ARKMUSDT
OKX ARKM-USDT-SWAP
Gate ARKM_USDT
MEXC ARKM_USDT
KuCoin ARKMUSDTM
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM