Funding you earn now, next payment 03:00 UTC+0.2415%/8h= +264.4% APRpaid last 24h +0.537%
Price spread now: Bitget against Kraken Futures+1.156%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work for this trade now. Funding pays +$72 a day on $10k at the current rate, and Bitget is 1.156% dearer against Kraken Futures than usual: you sell high and buy low: +$116 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 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 | Kraken Futures PF_ARKMUSD | 0.1267 | −0.2315 | get 0.0289% / 1h | 56m 28s | $22K | $1K | 10x |
| Short | Bitget ARKMUSDT | 0.1282 | 0.0100 | get 0.0100% / 8h | 5h 56m | $1.4M | $1.1M | 50x |
Kraken Futures PF_ARKMUSD
Bitget ARKMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Kraken Futures. 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
- $507.06
- Price spread: +1.156% → 0.000%
- $115.58
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $600.64
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 5 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 5 min ago | 3.93 bp | 21.2 bp −$21 | 65.7 bp −$657 | doesn't fit | doesn't fit |
Kraken Futures: 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 12 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_ARKMUSDlong | −0.2315% | 1h | 0.1267 | long leg | $22K | $1K | 10x | |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1278 | +0.835% | $7K | — | 5x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1276 | +0.682% | $13K | $9K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1281 | +1.077% | $2.7M | $9.8M | 50x | as long as short |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1281 | +1.093% | $2.4M | $2.3M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1280 | +1.030% | $783K | $2.4M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1276 | +0.682% | $246K | $239K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1282 | +1.156% | $3.2M | $1.1M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1279 | +0.927% | $517K | $82K | 30x | as long as short |
| Bitget ARKMUSDTshort | +0.0100% | 8h | 0.1282 | +1.156% | $1.4M | $1.1M | 50x |
dYdX ARKM-USD
Aster ARKMUSDT
Binance ARKMUSDT
Bybit ARKMUSDT
OKX ARKM-USDT-SWAP
Gate ARKM_USDT
MEXC ARKM_USDT
KuCoin ARKMUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARKM-USDT | +0.0100% | 8h | 0.1281 | +1.077% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1273 | +0.420% | $9K | $14K | — | as long as short |
BingX ARKM-USDT
Variational Omni ARKM