Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.06 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX+0.117%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1431.427% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.117%, 7d avg +0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.082% dearer against OKX than usual: you sell high and buy low, +$8 on $10k if it 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 | OKX ARKM-USDT-SWAP | 0.1282 | 0.0100 | pay 0.0100% / 8h | 6h 44m | $785K | $2.4M | 20x |
| Short | Bybit ARKMUSDT | 0.1283 | 0.0094 | get 0.0094% / 8h | 6h 44m | $2.4M | $2.3M | 50x |
OKX ARKM-USDT-SWAP
Bybit ARKMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against OKX. 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
- −$1.36
- Price spread: +0.117% → +0.035%
- $8.21
- Slippage, 4 orders
- −$121.7
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$135.85
- Costs to cover
- 1.427%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Bybit: live order book, 2 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 OKX live order book, 2 min ago | 6.24 bp | 28.1 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 4.30 bp | 33.2 bp −$33 | 53.7 bp −$537 | 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 | −0.2165% | 1h | 0.1282 | −0.005% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1283 | +0.105% | $7K | — | 5x | as long as short |
| BloFin ARKM-USDT | +0.0092% | 8h | 0.1280 | −0.148% | $144K | $84K | 50x | as long as short |
| Bybit ARKMUSDTshort | +0.0094% | 8h | 0.1283 | +0.117% | $2.4M | $2.3M | 50x | |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1285 | +0.240% | $13K | $9K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1283 | +0.119% | $2.7M | $9.8M | 50x | as long as short |
| OKX ARKM-USDT-SWAPlong | +0.0100% | 8h | 0.1282 | long leg | $785K | $2.4M | 20x | |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1282 | +0.008% | $249K | $238K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1284 | +0.164% | $3.3M | $1.1M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1283 | +0.047% | $522K | $83K | 30x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
BloFin ARKM-USDT
Aster ARKMUSDT
Binance ARKMUSDT
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 | 0.1283 | +0.086% | $1.4M | $1.1M | 50x | as long as short |
| BingX ARKM-USDT | +0.0100% | 8h | 0.1283 | +0.086% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1280 | −0.160% | $9K | $18K | — | as long as short |
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM