Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.9% APRnext payment −$0.26 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against BloFin+0.093%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$850.849% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.185%−$18 · spread now +0.093%, 7d avg −0.031%
=The price spread pays, funding is against you. Binance is 0.124% dearer against BloFin than usual: you sell high and buy low (spread +0.093% now, against its 7-day average of −0.031%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARKM-USDT | 0.1283 | 0.0126 | pay 0.0126% / 8h | 4h 17m | $144K | $44K | 50x |
| Short | Binance ARKMUSDT | 0.1284 | 0.0100 | get 0.0100% / 8h | 4h 17m | $2.7M | $10.0M | 50x |
BloFin ARKM-USDT
Binance ARKMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$5.53
- Price spread: +0.093% → −0.031%
- $12.41
- Slippage, 4 orders
- −$62.92
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$78.04
- Costs to cover
- 0.849%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 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 BloFin live order book, 4 min ago | 7.82 bp | 30.3 bp −$30 | 53.7 bp −$537 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 3.90 bp | 21.3 bp −$21 | 72.3 bp −$723 | 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 | −0.2128% | 1h | 0.1282 | −0.076% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1283 | −0.018% | $7K | $47 | 5x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1282 | −0.082% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDTshort | +0.0100% | 8h | 0.1284 | +0.093% | $2.7M | $10.0M | 50x | |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1284 | +0.109% | $2.4M | $2.3M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1283 | +0.023% | $787K | $2.4M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1283 | 0.000% | $240K | $246K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1285 | +0.156% | $3.2M | $1.2M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1283 | −0.039% | $823K | $199K | 30x | as long as short |
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1285 | +0.156% | $1.4M | $1.1M | 50x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
Aster ARKMUSDT
Bybit ARKMUSDT
OKX ARKM-USDT-SWAP
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 | 0.1283 | 0.000% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1279 | −0.299% | $9K | $12K | — | as long as short |
| BloFin ARKM-USDTlong | +0.0126% | 8h | 0.1283 | long leg | $144K | $44K | 50x |
BingX ARKM-USDT
Variational Omni ARKM