Funding you earn now, next payment 16:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.23 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against MEXC−0.079%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$670.673% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.171%+$17 · spread now −0.079%, 7d avg +0.028%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.108% cheaper against MEXC than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.028%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ARKM_USDT | 0.1259 | 0.0100 | pay 0.0100% / 8h | 5h 30m | $3.2M | $1.3M | 200x |
| Short | BloFin ARKM-USDT | 0.1258 | 0.0077 | get 0.0077% / 8h | 5h 30m | $139K | $74K | 50x |
MEXC ARKM_USDT
BloFin ARKM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- −$4.89
- Price spread: −0.079% → +0.028%
- −$10.78
- Slippage, 4 orders
- −$51.26
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$82.93
- Costs to cover
- 0.673%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 9 min ago; BloFin: live order book, 6 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 MEXC live order book, 9 min ago | 3.95 bp | 6.0 bp −$6 | 13.6 bp −$136 | 106.4 bp −$10.6K | doesn't fit |
| Sell BloFin live order book, 6 min ago | 15.87 bp | 33.5 bp −$33 | 45.6 bp −$456 | 341.1 bp −$34.1K | doesn't fit |
ARKM on 13 exchanges
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 | −0.1737% | 1h | 0.1258 | −0.100% | $21K | $781 | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1258 | −0.108% | $7K | $47 | 5x | as long as short |
| BloFin ARKM-USDTshort | +0.0077% | 8h | 0.1258 | −0.079% | $139K | $74K | 50x | |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1259 | +0.023% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1259 | −0.029% | $2.6M | $10.1M | 50x | as long as short |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1259 | −0.024% | $2.3M | $2.3M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1257 | −0.127% | $765K | $2.4M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1258 | −0.079% | $233K | $252K | 50x | as long as short |
| MEXC ARKM_USDTlong | +0.0100% | 8h | 0.1259 | long leg | $3.2M | $1.3M | 200x | |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1261 | +0.167% | $1.4M | $370K | 30x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
Aster ARKMUSDT
Binance ARKMUSDT
Bybit ARKMUSDT
OKX ARKM-USDT-SWAP
Gate ARKM_USDT
KuCoin ARKMUSDTMShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1258 | −0.079% | $1.4M | $1.1M | 50x | as long as short |
| BingX ARKM-USDT | +0.0100% | 8h | 0.1258 | −0.079% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1259 | +0.010% | $9K | $11K | — | as long as short |
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM