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: Binance against OKX−0.023%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1111.114% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.023%, 7d avg +0.036%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.060% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARKM-USDT-SWAP | 0.1285 | 0.0100 | pay 0.0100% / 8h | 7h 16m | $790K | $2.4M | 20x |
| Short | Binance ARKMUSDT | 0.1285 | 0.0100 | get 0.0100% / 8h | 7h 16m | $2.8M | $9.7M | 50x |
OKX ARKM-USDT-SWAP
Binance ARKMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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: −0.023% → +0.036%
- −$5.97
- Slippage, 4 orders
- −$91.41
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$117.38
- Costs to cover
- 1.114%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 8 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 OKX live order book, 5 min ago | 4.70 bp | 31.3 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 3.91 bp | 20.3 bp −$20 | 77.5 bp −$775 | 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 | −0.2249% | 1h | 0.1281 | −0.307% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1286 | +0.051% | $7K | — | 5x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1286 | +0.045% | $13K | $9K | 5x | as long as short |
| Binance ARKMUSDTshort | +0.0100% | 8h | 0.1285 | −0.023% | $2.8M | $9.7M | 50x | |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1286 | +0.054% | $2.4M | $2.2M | 50x | as long as short |
| OKX ARKM-USDT-SWAPlong | +0.0100% | 8h | 0.1285 | long leg | $790K | $2.4M | 20x | |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1284 | −0.101% | $253K | $235K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1286 | +0.054% | $3.3M | $1.1M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1284 | −0.093% | $525K | $82K | 30x | as long as short |
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1285 | −0.023% | $1.4M | $1.1M | 50x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
Aster ARKMUSDT
Bybit ARKMUSDT
Gate ARKM_USDT
MEXC ARKM_USDT
KuCoin ARKMUSDTM
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 | 0.1285 | −0.023% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1277 | −0.639% | $9K | $18K | — | as long as short |
| BloFin ARKM-USDT | +0.0121% | 8h | 0.1280 | −0.412% | $144K | $84K | 50x | as long as short |
BingX ARKM-USDT
Variational Omni ARKM
BloFin ARKM-USDT