Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

ARKK

RWAAll ARKK markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BybitARKKUSDT
89.330+0.1677pay 0.1677% / 8h3h 11m$129K$513K25xLong Bybit
SHORT
MEXCARKK_USDT
89.280+0.0200get 0.0200% / 8h3h 11m$207K$124K20xShort MEXC
Price gap−0.056%
Funding gap−0.1477% /8h

The gap pays +$15 on $10k if it goes back to its 7d average, but funding costs $44 a day and eats that in about 8 hours. At the last 7 days' pace that is about 2.1 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$49−0.1477% /8h now · paid −0.490% over the last 7D
Price+$15spread −0.056% now, avg −0.201% → +0.145% if it goes back
Costs−$6236.227% of $10k · taker + slippage, in and out
Result−$657−6.57%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.490% in total, about −0.0233%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.056%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ARKK on 3 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size167.4 / 177.6 bp
    At $10k entering MEXC costs 177.6 bp, fee and slippage, 1.1× Bybit’s.
  • Note: Margin at max leverage$400 + $500
    Bybit 25x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$44.31Long Bybit: 3 payments, −$50.31; short MEXC: 3 payments, +$6.00.
  • OK: Entry gap works for you−0.056% vs −0.201%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$129K vs $207K OI
    Bybit sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Yes · MEXC Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0233%/8h × 21 periods−$48.97
Price spread−0.056% → −0.201% (7d avg)+$14.54
Slippage, 4 orderslive order books−$611.68
Fee Bybit bp × 2 orders−$11.00
Fee MEXC bp × 2 orders$0.00
Net · 7 days · $10k−$657.12
Costs to cover6.227%Break-evennever at this rate
Slippage: Bybit: live order book, 13 min ago; MEXC: live order book, 10 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit1.12167.4 bp−$167doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC5.61177.6 bp−$178443.7 bp−$4,437doesn’t fitdoesn’t fit

Closing costs about the same again.

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