Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.022%
Price spread now: Bybit against OKX+0.040%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1381.377% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now +0.040%, 7d avg +0.038%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARKM-USDT-SWAP | 0.1254 | 0.0100 | pay 0.0100% / 8h | 2h 48m | $786K | $2.3M | 20x |
| Short | Bybit ARKMUSDT | 0.1254 | 0.0100 | get 0.0100% / 8h | 2h 48m | $2.4M | $2.1M | 50x |
OKX ARKM-USDT-SWAP
Bybit ARKMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.040% → +0.038%
- $0.16
- Slippage, 4 orders
- −$116.65
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$137.49
- Costs to cover
- 1.377%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Bybit: live order book, 4 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, 4 min ago | 5.61 bp | 32.9 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.00 bp | 34.2 bp −$34 | 61.4 bp −$614 | 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 | −0.1905% | 1h | 0.1254 | +0.040% | $21K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1255 | +0.072% | $7K | — | 5x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1255 | +0.127% | $12K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1254 | +0.033% | $2.6M | $9.5M | 50x | as long as short |
| Bybit ARKMUSDTshort | +0.0100% | 8h | 0.1254 | +0.040% | $2.4M | $2.1M | 50x | |
| OKX ARKM-USDT-SWAPlong | +0.0100% | 8h | 0.1254 | long leg | $786K | $2.3M | 20x | |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1254 | +0.032% | $249K | $230K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1254 | +0.032% | $3.2M | $1.0M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1253 | −0.072% | $498K | $62K | 30x | as long as short |
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1254 | +0.032% | $1.4M | $1.1M | 50x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
Aster ARKMUSDT
Binance 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 | 0.1255 | +0.112% | — | $2.4M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1249 | −0.358% | $9K | $18K | — | as long as short |
| BloFin ARKM-USDT | +0.0113% | 8h | 0.1252 | −0.128% | $142K | $72K | 50x | as long as short |
BingX ARKM-USDT
Variational Omni ARKM
BloFin ARKM-USDT