Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.14 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against KuCoin−0.309%80s7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$481as 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−$4814.805% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.309%+$31 · spread now −0.309%, 7d avg +0.028%
=Funding pays, the price is against you. BloFin is 0.336% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.309% now, against its 7-day average of +0.028%). If the spread goes back, that is −$34 on $10k: about 3 months of funding at the current rate ($0 a day). The two prices were read 80 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 | KuCoin ARKMUSDTM | 0.1296 | 0.0100 | pay 0.0100% / 8h | 3h 29m | $1.2M | $291K | 30x |
| Short | BloFin ARKM-USDT | 0.1292 | 0.0114 | get 0.0114% / 8h | 3h 29m | $146K | $44K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $2.97
- Price spread: −0.309% → +0.028%
- −$33.63
- Slippage, 4 orders
- −$456.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$511.18
- Costs to cover
- 4.805%
- Break-even
- 1213.4 days
Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 52 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 KuCoin live order book, 5 min ago | 23.26 bp | 219.9 bp −$220 | 9387.4 bp −$93.9K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 52 min ago | 7.82 bp | 13.8 bp −$14 | 40.5 bp −$405 | 378.7 bp −$37.9K | 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 | −0.1723% | 1h | 0.1294 | −0.183% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1297 | +0.057% | $7K | $47 | 5x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1294 | −0.182% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1293 | −0.231% | $2.8M | $10.1M | 50x | as long as short |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1294 | −0.154% | $2.4M | $2.3M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1293 | −0.224% | $797K | $2.5M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1292 | −0.309% | $239K | $250K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1293 | −0.231% | $3.4M | $1.2M | 200x | as long as short |
| KuCoin ARKMUSDTMlong | +0.0100% | 8h | 0.1296 | long leg | $1.2M | $291K | 30x | |
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1295 | −0.077% | $1.4M | $1.1M | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARKM-USDT | +0.0100% | 8h | 0.1292 | −0.309% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1296 | +0.029% | $9K | $12K | — | as long as short |
| BloFin ARKM-USDTshort | +0.0114% | 8h | 0.1292 | −0.309% | $146K | $44K | 50x |
KuCoin ARKMUSDTM
BloFin ARKM-USDT
Kraken Futures PF_ARKMUSD
Aster ARKMUSDT
Binance ARKMUSDT
Bybit ARKMUSDT
OKX ARKM-USDT-SWAP
Gate ARKM_USDT
MEXC ARKM_USDT
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM