Funding you earn now, next payment 00:00 UTC+0.2008%/8h= +219.9% APRpaid last 24h +0.528%
Price spread now: Bybit against Kraken Futures+0.106%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$60 a day on $10k at the current rate, and Bybit is 0.106% dearer against Kraken Futures than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ARKMUSD | 0.1269 | −0.1908 | get 0.0239% / 1h | 54m 01s | $22K | $1K | 10x |
| Short | Bybit ARKMUSDT | 0.1271 | 0.0100 | get 0.0100% / 8h | 54m 01s | $2.4M | $2.2M | 50x |
Kraken Futures PF_ARKMUSD
Bybit ARKMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $421.68
- Price spread: +0.106% → 0.000%
- $10.63
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $411.31
- Costs to cover
- 0.210%
- Break-even
- 0.2 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 5.14 bp | 37.7 bp −$38 | 57.4 bp −$574 | 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 | −0.1908% | 1h | 0.1269 | long leg | $22K | $1K | 10x | |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1273 | +0.313% | $7K | — | 5x | as long as short |
| BloFin ARKM-USDT | +0.0094% | 8h | 0.1272 | +0.209% | $143K | $73K | 50x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1272 | +0.190% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1270 | +0.087% | $2.7M | $9.5M | 50x | as long as short |
| Bybit ARKMUSDTshort | +0.0100% | 8h | 0.1271 | +0.106% | $2.4M | $2.2M | 50x | |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1269 | −0.020% | $786K | $2.4M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1271 | +0.130% | $252K | $230K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1271 | +0.130% | $3.3M | $1.1M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1272 | +0.169% | $523K | $80K | 30x | as long as short |
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 | 0.1270 | +0.051% | $1.4M | $1.1M | 50x | as long as short |
| BingX ARKM-USDT | +0.0100% | 8h | 0.1271 | +0.130% | — | $2.4M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1263 | −0.468% | $9K | $18K | — | as long as short |
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM