Funding you earn now, next payment 08:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.19 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Gate+0.236%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1811.812% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.236%−$24 · spread now +0.236%, 7d avg +0.039%
=The price spread pays, funding is against you. BloFin is 0.197% dearer against Gate than usual: you sell high and buy low (spread +0.236% now, against its 7-day average of +0.039%): +$20 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 35 days. At the pace of the last 7 days (−0.004% in total) that is about 11 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARKM_USDT | 0.1272 | 0.0100 | pay 0.0100% / 8h | 5h 08m | $245K | $242K | 50x |
| Short | BloFin ARKM-USDT | 0.1275 | 0.0081 | get 0.0081% / 8h | 5h 08m | $143K | $43K | 50x |
Gate ARKM_USDT
BloFin ARKM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$3.97
- Price spread: +0.236% → +0.039%
- $19.69
- Slippage, 4 orders
- −$154.23
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$165.51
- Costs to cover
- 1.812%
- Break-even
- never at this rate
Slippage from Gate: live order book, 48 min ago; BloFin: live order book, 23 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 Gate live order book, 48 min ago | 3.90 bp | 67.5 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 23 min ago | 3.90 bp | 32.2 bp −$32 | 69.9 bp −$699 | 438.5 bp −$43.9K | 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 | −0.2306% | 1h | 0.1272 | +0.008% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1275 | +0.216% | $7K | — | 5x | as long as short |
| BloFin ARKM-USDTshort | +0.0081% | 8h | 0.1275 | +0.236% | $143K | $43K | 50x | |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1274 | +0.157% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1271 | −0.079% | $2.7M | $9.9M | 50x | as long as short |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1271 | −0.055% | $2.3M | $2.3M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1272 | −0.031% | $775K | $2.4M | 20x | as long as short |
| Gate ARKM_USDTlong | +0.0100% | 8h | 0.1272 | long leg | $245K | $242K | 50x | |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1272 | 0.000% | $3.2M | $1.1M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1274 | +0.149% | $516K | $83K | 30x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
Aster ARKMUSDT
Binance ARKMUSDT
Bybit ARKMUSDT
OKX ARKM-USDT-SWAP
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 | 0.1273 | +0.079% | $1.4M | $1.1M | 50x | as long as short |
| BingX ARKM-USDT | +0.0100% | 8h | 0.1271 | −0.079% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1275 | +0.244% | $9K | $12K | — | as long as short |
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM