Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.124%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$660as in the Funding arb table
Net, price: spread back to 7d avg − costs−$663as in the Price arb table
costs, in and out, $10k−$6506.504% of the position
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 4 days (all we have)+0.198%+$20 · spread now −0.124%, 7d avg +0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.126% cheaper against KuCoin than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ARKMUSDTM | 0.1289 | 0.0100 | pay 0.0100% / 8h | 2h 20m | $1.2M | $296K | 30x |
| Short | Bybit ARKMUSDT | 0.1287 | 0.0100 | get 0.0100% / 8h | 2h 20m | $2.4M | $2.4M | 50x |
KuCoin ARKMUSDTM
Bybit ARKMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.124% → +0.002%
- −$12.57
- Slippage, 4 orders
- −$627.35
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$662.92
- Costs to cover
- 6.504%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bybit: live order book, 2 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 | 15.71 bp | 217.5 bp −$218 | 9537.7 bp −$95.4K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 5.85 bp | 43.5 bp −$44 | 58.7 bp −$587 | 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 | −0.1764% | 1h | 0.1286 | −0.209% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1285 | −0.247% | $7K | $47 | 5x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1288 | −0.071% | $13K | $11K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1287 | −0.147% | $2.7M | $10.4M | 50x | as long as short |
| Bybit ARKMUSDTshort | +0.0100% | 8h | 0.1287 | −0.124% | $2.4M | $2.4M | 50x | |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1288 | −0.047% | $788K | $2.5M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1285 | −0.279% | $237K | $256K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1286 | −0.202% | $3.3M | $1.3M | 200x | as long as short |
| KuCoin ARKMUSDTMlong | +0.0100% | 8h | 0.1289 | long leg | $1.2M | $296K | 30x | |
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1286 | −0.202% | $1.4M | $1.2M | 50x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
Aster ARKMUSDT
Binance ARKMUSDT
OKX ARKM-USDT-SWAP
Gate ARKM_USDT
MEXC ARKM_USDT
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 | 0.1286 | −0.202% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1281 | −0.596% | $9K | $12K | — | as long as short |
| BloFin ARKM-USDT | +0.0117% | 8h | 0.1282 | −0.512% | $143K | $44K | 50x | as long as short |
BingX ARKM-USDT
Variational Omni ARKM
BloFin ARKM-USDT