Funding you earn now, next payment 00:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.005%
Price spread now: OKX against BloFin+0.509%7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$1301.300% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 3 days (all we have)−0.518%−$52 · spread now +0.509%, 7d avg −0.073%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.582% dearer against BloFin than usual: you sell high and buy low: +$58 more if the spread goes back to its 7-day average of −0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARKM-USDT | 0.1258 | 0.0081 | pay 0.0081% / 8h | 3h 30m | $145K | $73K | 50x |
| Short | OKX ARKM-USDT-SWAP | 0.1264 | 0.0100 | get 0.0100% / 8h | 3h 30m | $839K | $2.1M | 20x |
BloFin ARKM-USDT
OKX ARKM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $4.08
- Price spread: +0.509% → −0.073%
- $58.16
- Slippage, 4 orders
- −$108.01
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$67.77
- Costs to cover
- 1.300%
- Break-even
- 123.3 days
Slippage from BloFin: live order book, 10 min ago; OKX: live order book, 2 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, 10 min ago | 8.00 bp | 14.0 bp −$14 | 32.0 bp −$320 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 7.53 bp | 36.5 bp −$37 | doesn't fit | 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 | −0.1385% | 1h | 0.1260 | +0.193% | $21K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1265 | +0.554% | $7K | — | 5x | as long as short |
| BloFin ARKM-USDTlong | +0.0081% | 8h | 0.1258 | long leg | $145K | $73K | 50x | |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1265 | +0.538% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1264 | +0.477% | $2.7M | $9.4M | 50x | as long as short |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1265 | +0.517% | $2.3M | $2.0M | 50x | as long as short |
| OKX ARKM-USDT-SWAPshort | +0.0100% | 8h | 0.1264 | +0.509% | $839K | $2.1M | 20x | |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1263 | +0.397% | $254K | $226K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1264 | +0.477% | $3.3M | $1.0M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1263 | +0.421% | $502K | $62K | 30x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
Aster ARKMUSDT
Binance ARKMUSDT
Bybit ARKMUSDT
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 | 0.1265 | +0.556% | $1.4M | $1.1M | 50x | as long as short |
| BingX ARKM-USDT | +0.0100% | 8h | 0.1265 | +0.556% | — | $2.4M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1254 | −0.352% | $15K | $12K | — | as long as short |
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM