Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.11 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against BingX+0.157%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$890.894% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 3 days (all we have)−0.176%−$18 · spread now +0.157%, 7d avg +0.033%
=The price spread pays, funding is against you. BloFin is 0.124% dearer against BingX than usual: you sell high and buy low (spread +0.157% now, against its 7-day average of +0.033%): +$12 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 37 days. At the pace of the last 7 days (−0.004% in total) that is about 7 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARKM-USDT | 0.1272 | 0.0100 | pay 0.0100% / 8h | 7h 30m | — | $2.5M | — |
| Short | BloFin ARKM-USDT | 0.1274 | 0.0089 | get 0.0089% / 8h | 7h 30m | $144K | $83K | 50x |
BingX ARKM-USDT
BloFin ARKM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$2.35
- Price spread: +0.157% → +0.033%
- $12.42
- Slippage, 4 orders
- −$67.36
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$79.29
- Costs to cover
- 0.894%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; BloFin: live order book, 25 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 BingX live order book, 4 min ago | 7.87 bp | 25.9 bp −$26 | 71.8 bp −$718 | 246.4 bp −$24.6K | 280.0 bp −$140.0K |
| Sell BloFin live order book, 25 min ago | 7.86 bp | 18.7 bp −$19 | 47.4 bp −$474 | 385.5 bp −$38.6K | 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 | −0.2272% | 1h | 0.1268 | −0.306% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1272 | −0.016% | $7K | — | 5x | as long as short |
| BloFin ARKM-USDTshort | +0.0089% | 8h | 0.1274 | +0.157% | $144K | $83K | 50x | |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1274 | +0.152% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1273 | +0.079% | $2.7M | $9.7M | 50x | as long as short |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1274 | +0.181% | $2.4M | $2.2M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1273 | +0.086% | $783K | $2.4M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1271 | −0.079% | $251K | $235K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1272 | 0.000% | $3.3M | $1.1M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1271 | −0.055% | $520K | $82K | 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
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 | 0.1272 | 0.000% | $1.4M | $1.1M | 50x | as long as short |
| BingX ARKM-USDTlong | +0.0100% | 8h | 0.1272 | long leg | — | $2.5M | — | |
| Variational Omni ARKM | +0.0100% | 8h | 0.1274 | +0.122% | $9K | $18K | — | as long as short |
Bitget ARKMUSDT
Variational Omni ARKM