Funding you earn now, next payment 00:00 UTC+0.0029%/8h= +3.1% APRnext payment +$0.29 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against BloFin−0.079%101s7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$800.803% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 3 days (all we have)+0.085%+$8 · spread now −0.079%, 7d avg −0.035%
=Funding pays, the price is against you. Binance is 0.044% cheaper against BloFin than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of −0.035%). If the spread goes back, that is −$4 on $10k: about 5.1 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.002% in total) that is about 4 months. The two prices were read 101 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 | BloFin ARKM-USDT | 0.1268 | 0.0071 | pay 0.0071% / 8h | 23m 39s | $143K | $73K | 50x |
| Short | Binance ARKMUSDT | 0.1267 | 0.0100 | get 0.0100% / 8h | 23m 39s | $2.7M | $9.5M | 50x |
BloFin ARKM-USDT
Binance ARKMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $6.03
- Price spread: −0.079% → −0.035%
- −$4.36
- Slippage, 4 orders
- −$58.33
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$78.66
- Costs to cover
- 0.803%
- Break-even
- 98.3 days
Slippage from BloFin: live order book, 37 min ago; Binance: live order book, 1 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 BloFin live order book, 37 min ago | 3.97 bp | 17.6 bp −$18 | 35.6 bp −$356 | 439.0 bp −$43.9K | doesn't fit |
| Sell Binance live order book, 1 min ago | 3.95 bp | 22.0 bp −$22 | 67.8 bp −$678 | 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 | −0.1914% | 1h | 0.1265 | −0.205% | $21K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1268 | +0.025% | $7K | — | 5x | as long as short |
| BloFin ARKM-USDTlong | +0.0071% | 8h | 0.1268 | long leg | $143K | $73K | 50x | |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1268 | −0.029% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDTshort | +0.0100% | 8h | 0.1267 | −0.079% | $2.7M | $9.5M | 50x | |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1267 | −0.079% | $2.4M | $2.2M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1266 | −0.126% | $782K | $2.4M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1268 | 0.000% | $251K | $235K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1267 | −0.079% | $3.3M | $1.1M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1268 | 0.000% | $521K | $80K | 30x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
Aster ARKMUSDT
Bybit ARKMUSDT
OKX ARKM-USDT-SWAP
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 | 0.1268 | 0.000% | $1.4M | $1.1M | 50x | as long as short |
| BingX ARKM-USDT | +0.0100% | 8h | 0.1265 | −0.237% | — | $2.4M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1270 | +0.126% | $9K | $18K | — | as long as short |
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM