Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.27 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against KuCoin+0.158%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$647as in the Funding arb table
Net, price: spread back to 7d avg − costs−$634as in the Price arb table
costs, in and out, $10k−$6476.468% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.158%−$16 · spread now +0.158%, 7d avg +0.035%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.123% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ARKMUSDTM | 0.1264 | 0.0100 | pay 0.0100% / 8h | 5h 03m | $510K | $84K | 30x |
| Short | BloFin ARKM-USDT | 0.1266 | 0.0127 | get 0.0127% / 8h | 5h 03m | $143K | $43K | 50x |
KuCoin ARKMUSDTM
BloFin ARKM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $5.75
- Price spread: +0.158% → +0.035%
- $12.34
- Slippage, 4 orders
- −$622.81
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$628.73
- Costs to cover
- 6.468%
- Break-even
- 772.9 days
Slippage from KuCoin: live order book, 20 min ago; BloFin: live order book, 28 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 KuCoin live order book, 20 min ago | 11.70 bp | 336.8 bp −$337 | 8595.5 bp −$86.0K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 28 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 | −0.2323% | 1h | 0.1263 | −0.080% | $21K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1267 | +0.229% | $7K | — | 5x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1267 | +0.272% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1266 | +0.152% | $2.7M | $9.9M | 50x | as long as short |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1266 | +0.174% | $2.3M | $2.3M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1265 | +0.079% | $769K | $2.4M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1266 | +0.158% | $244K | $242K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1266 | +0.158% | $3.1M | $1.1M | 200x | as long as short |
| KuCoin ARKMUSDTMlong | +0.0100% | 8h | 0.1264 | long leg | $510K | $84K | 30x | |
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1265 | +0.079% | $1.4M | $1.1M | 50x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
Aster ARKMUSDT
Binance ARKMUSDT
Bybit ARKMUSDT
OKX ARKM-USDT-SWAP
Gate ARKM_USDT
MEXC ARKM_USDT
Bitget ARKMUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARKM-USDT | +0.0100% | 8h | 0.1266 | +0.158% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1264 | +0.028% | $9K | $12K | — | as long as short |
| BloFin ARKM-USDTshort | +0.0127% | 8h | 0.1266 | +0.158% | $143K | $43K | 50x |
BingX ARKM-USDT
Variational Omni ARKM