Funding you earn now, next payment 16:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.14 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against BingX+0.077%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$740.745% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.077%, 7d avg +0.016%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.061% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARKM-USDT | 0.1294 | 0.0100 | pay 0.0100% / 8h | 6h 58m | — | $2.5M | — |
| Short | BloFin ARKM-USDT | 0.1295 | 0.0114 | get 0.0114% / 8h | 6h 58m | $141K | $52K | 50x |
BingX ARKM-USDT
BloFin ARKM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $2.88
- Price spread: +0.077% → +0.016%
- $6.11
- Slippage, 4 orders
- −$52.48
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$65.49
- Costs to cover
- 0.745%
- Break-even
- 166.3 days
Slippage from BingX: live order book, 1 min ago; BloFin: live order book, 58 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 BingX live order book, 1 min ago | 3.87 bp | 18.1 bp −$18 | 54.5 bp −$545 | 368.9 bp −$36.9K | 482.6 bp −$241.3K |
| Sell BloFin live order book, 58 min ago | 3.91 bp | 17.5 bp −$17 | 52.8 bp −$528 | 306.0 bp −$30.6K | 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 | −0.1229% | 1h | 0.1294 | −0.013% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1295 | +0.057% | $7K | $47 | 5x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1295 | +0.084% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1294 | +0.014% | $2.7M | $10.4M | 50x | as long as short |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1294 | −0.015% | $2.4M | $2.3M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1293 | −0.100% | $791K | $2.5M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1293 | −0.077% | $238K | $252K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1294 | 0.000% | $3.4M | $1.3M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1296 | +0.155% | $1.4M | $368K | 30x | as long as short |
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1293 | −0.077% | $1.4M | $1.2M | 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
KuCoin ARKMUSDTM
Bitget ARKMUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARKM-USDTlong | +0.0100% | 8h | 0.1294 | long leg | — | $2.5M | — | |
| Variational Omni ARKM | +0.0100% | 8h | 0.1293 | −0.053% | $9K | $12K | — | as long as short |
| BloFin ARKM-USDTshort | +0.0114% | 8h | 0.1295 | +0.077% | $141K | $52K | 50x |
Variational Omni ARKM