Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.6% APRnext payment −$0.05 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Bybit+0.039%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1211.211% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.039%, 7d avg +0.022%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARKMUSDT | 0.1295 | 0.0100 | pay 0.0100% / 8h | 1h 00m | $2.4M | $2.4M | 50x |
| Short | BloFin ARKM-USDT | 0.1296 | 0.0095 | get 0.0095% / 8h | 1h 00m | $144K | $44K | 50x |
Bybit ARKMUSDT
BloFin ARKM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- −$1.1
- Price spread: +0.039% → +0.022%
- $1.64
- Slippage, 4 orders
- −$98.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$120.54
- Costs to cover
- 1.211%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 1 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 Bybit live order book, 1 min ago | 4.63 bp | 40.6 bp −$41 | 55.3 bp −$553 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 11.58 bp | 17.6 bp −$18 | 49.2 bp −$492 | 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 | −0.1386% | 1h | 0.1295 | −0.037% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1296 | +0.059% | $7K | $47 | 5x | as long as short |
| BloFin ARKM-USDTshort | +0.0095% | 8h | 0.1296 | +0.039% | $144K | $44K | 50x | |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1297 | +0.105% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1295 | −0.034% | $2.8M | $10.6M | 50x | as long as short |
| Bybit ARKMUSDTlong | +0.0100% | 8h | 0.1295 | long leg | $2.4M | $2.4M | 50x | |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1295 | 0.000% | $798K | $2.6M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1294 | −0.116% | $239K | $257K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1296 | +0.039% | $3.4M | $1.3M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1299 | +0.262% | $1.4M | $374K | 30x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
Aster ARKMUSDT
Binance 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 | 0.1297 | +0.116% | $1.4M | $1.2M | 50x | as long as short |
| BingX ARKM-USDT | +0.0100% | 8h | 0.1296 | +0.039% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1295 | −0.037% | $9K | $12K | — | as long as short |
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM