Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.008%
Price spread now: Bybit against dYdX−0.380%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Bybit is 0.380% cheaper against dYdX than usual: you would sell low and buy high (spread −0.380% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$38 on $10k: about 13 days of funding at the current rate (+$3 a day). The two prices were read 50 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 | dYdX ARKM-USD | 0.1252 | 0 | get 0.0000% / 1h | 4m 52s | $7K | — | 5x |
| Short | Bybit ARKMUSDT | 0.1247 | 0.0100 | get 0.0100% / 8h | 2h 04m | $2.4M | $2.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against dYdX. 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
- $21
- Price spread: −0.380% → 0.000%
- −$38.04
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$38.04
- Costs to cover
- 0.210%
- Break-even
- 19.7 days
Slippage unknown: dYdX: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.
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 dYdX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 6.01 bp | 33.1 bp −$33 | 57.7 bp −$577 | doesn't fit | doesn't fit |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1914% | 1h | 0.1248 | −0.300% | $21K | $1K | 10x | as long as short |
| dYdX ARKM-USDlong | 0.0000% | 1h | 0.1252 | long leg | $7K | — | 5x | |
| BloFin ARKM-USDT | +0.0071% | 8h | 0.1248 | −0.316% | $143K | $72K | 50x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1249 | −0.244% | $12K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1248 | −0.285% | $2.6M | $9.5M | 50x | as long as short |
| Bybit ARKMUSDTshort | +0.0100% | 8h | 0.1247 | −0.380% | $2.4M | $2.1M | 50x | |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1250 | −0.173% | $785K | $2.3M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1250 | −0.157% | $249K | $230K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1248 | −0.316% | $3.2M | $1.1M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1246 | −0.444% | $511K | $76K | 30x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1250 | −0.157% | $1.4M | $1.1M | 50x | as long as short |
| BingX ARKM-USDT | +0.0100% | 8h | 0.1250 | −0.157% | — | $2.4M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1247 | −0.397% | $9K | $18K | — | as long as short |
Bybit ARKMUSDT
Kraken Futures PF_ARKMUSD
BloFin ARKM-USDT
Aster ARKMUSDT
Binance ARKMUSDT
OKX ARKM-USDT-SWAP
Gate ARKM_USDT
MEXC ARKM_USDT
KuCoin ARKMUSDTM
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM