Funding you earn now, next payment 16:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Binance−0.304%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$800.804% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.304%+$30 · spread now −0.304%, 7d avg +0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.323% cheaper against Binance than usual: you would sell low and buy high, −$32 on $10k if it goes back to its 7-day average of +0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARKMUSDT | 0.1270 | 0.0100 | pay 0.0100% / 8h | 7h 24m | $2.7M | $10.7M | 50x |
| Short | BloFin ARKM-USDT | 0.1266 | 0.0091 | get 0.0091% / 8h | 7h 24m | $141K | $52K | 50x |
Binance ARKMUSDT
BloFin ARKM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$1.88
- Price spread: −0.304% → +0.019%
- −$32.3
- Slippage, 4 orders
- −$58.38
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$114.56
- Costs to cover
- 0.804%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; BloFin: live order book, 32 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 Binance live order book, 15 min ago | 3.93 bp | 22.6 bp −$23 | 94.0 bp −$940 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 32 min ago | 3.91 bp | 17.5 bp −$17 | 52.8 bp −$528 | 306.0 bp −$30.6K | 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 | −0.1606% | 1h | 0.1267 | −0.244% | $22K | $1K | 10x | as long as short |
| Bybit ARKMUSDT | −0.0050% | 8h | 0.1269 | −0.084% | $2.3M | $2.4M | 50x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1267 | −0.244% | $7K | $47 | 5x | as long as short |
| BloFin ARKM-USDTshort | +0.0091% | 8h | 0.1266 | −0.304% | $141K | $52K | 50x | |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1270 | −0.023% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDTlong | +0.0100% | 8h | 0.1270 | long leg | $2.7M | $10.7M | 50x | |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1269 | −0.076% | $775K | $2.5M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1267 | −0.225% | $233K | $260K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1268 | −0.147% | $3.2M | $1.3M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1268 | −0.123% | $1.4M | $371K | 30x | as long as short |
Kraken Futures PF_ARKMUSD
Bybit ARKMUSDT
dYdX ARKM-USD
Aster ARKMUSDT
OKX ARKM-USDT-SWAP
Gate ARKM_USDT
MEXC ARKM_USDT
KuCoin ARKMUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1270 | +0.011% | $1.4M | $1.2M | 50x | as long as short |
| BingX ARKM-USDT | +0.0100% | 8h | 0.1270 | +0.011% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1262 | −0.587% | $9K | $12K | — | as long as short |
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM