Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.022%
Price spread now: Bybit against BingX−0.040%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1271.268% of the position
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 7 days+0.123%+$12 · spread now −0.040%, 7d avg +0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.084% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARKM-USDT | 0.1260 | 0.0100 | pay 0.0100% / 8h | 2h 23m | — | $2.4M | — |
| Short | Bybit ARKMUSDT | 0.1260 | 0.0100 | get 0.0100% / 8h | 2h 23m | $2.4M | $2.1M | 50x |
BingX ARKM-USDT
Bybit ARKMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.040% → +0.044%
- −$8.41
- Slippage, 4 orders
- −$105.77
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$135.18
- Costs to cover
- 1.268%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Bybit: live order book, 4 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, 6 min ago | 11.91 bp | 26.9 bp −$27 | 64.7 bp −$647 | 229.0 bp −$22.9K | 278.3 bp −$139.2K |
| Sell Bybit live order book, 4 min ago | 5.55 bp | 40.0 bp −$40 | 56.0 bp −$560 | 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 | −0.1896% | 1h | 0.1260 | −0.033% | $21K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1260 | +0.039% | $7K | — | 5x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1262 | +0.121% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1260 | −0.021% | $2.7M | $9.5M | 50x | as long as short |
| Bybit ARKMUSDTshort | +0.0100% | 8h | 0.1260 | −0.040% | $2.4M | $2.1M | 50x | |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1259 | −0.071% | $790K | $2.3M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1260 | 0.000% | $251K | $230K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1259 | −0.079% | $3.2M | $1.0M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1259 | −0.111% | $501K | $62K | 30x | as long as short |
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1260 | 0.000% | $1.4M | $1.1M | 50x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
Aster ARKMUSDT
Binance 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 | 0.1260 | long leg | — | $2.4M | — | |
| Variational Omni ARKM | +0.0100% | 8h | 0.1261 | +0.052% | $9K | $18K | — | as long as short |
| BloFin ARKM-USDT | +0.0105% | 8h | 0.1259 | −0.079% | $143K | $73K | 50x | as long as short |
Variational Omni ARKM
BloFin ARKM-USDT