Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against BloFin−0.153%64s7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$610.611% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.153%, 7d avg −0.031%
=Funding pays, the price is against you. MEXC is 0.122% cheaper against BloFin than usual: you would sell low and buy high (spread −0.153% now, against its 7-day average of −0.031%). If the spread goes back, that is −$12 on $10k: about 17 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.004% in total) that is about 7 months. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARKM-USDT | 0.1308 | 0.0076 | pay 0.0076% / 8h | 1h 18m | $143K | $46K | 50x |
| Short | MEXC ARKM_USDT | 0.1306 | 0.0100 | get 0.0100% / 8h | 1h 18m | $3.4M | $1.3M | 200x |
BloFin ARKM-USDT
MEXC ARKM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $5.03
- Price spread: −0.153% → −0.031%
- −$12.22
- Slippage, 4 orders
- −$45.09
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$68.28
- Costs to cover
- 0.611%
- Break-even
- 102.1 days
Slippage from BloFin: live order book, 48 min ago; MEXC: 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 BloFin live order book, 48 min ago | 7.69 bp | 17.4 bp −$17 | 32.5 bp −$325 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 3.82 bp | 5.8 bp −$6 | 17.2 bp −$172 | 111.8 bp −$11.2K | 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 | −0.1375% | 1h | 0.1306 | −0.191% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1310 | +0.132% | $7K | $47 | 5x | as long as short |
| BloFin ARKM-USDTlong | +0.0076% | 8h | 0.1308 | long leg | $143K | $46K | 50x | |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1307 | −0.091% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1306 | −0.153% | $2.8M | $10.5M | 50x | as long as short |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1306 | −0.122% | $2.4M | $2.4M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1307 | −0.076% | $805K | $2.6M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1307 | −0.076% | $241K | $255K | 50x | as long as short |
| MEXC ARKM_USDTshort | +0.0100% | 8h | 0.1306 | −0.153% | $3.4M | $1.3M | 200x | |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1309 | +0.076% | $1.4M | $374K | 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
KuCoin ARKMUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1307 | −0.076% | $1.4M | $1.1M | 50x | as long as short |
| BingX ARKM-USDT | +0.0100% | 8h | 0.1307 | −0.076% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1308 | −0.033% | $9K | $12K | — | as long as short |
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM