Funding you earn now, next payment 00:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.17 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against BloFin+0.316%81s7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as 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−$860.856% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 3 days (all we have)−0.270%−$27 · spread now +0.316%, 7d avg −0.035%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.350% dearer against BloFin than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of −0.035%. The two prices were read 81 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 | 0.1267 | 0.0083 | pay 0.0083% / 8h | 21m 48s | $143K | $73K | 50x |
| Short | BingX ARKM-USDT | 0.1271 | 0.0100 | get 0.0100% / 8h | 21m 48s | — | $2.5M | — |
BloFin ARKM-USDT
BingX ARKM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $3.65
- Price spread: +0.316% → −0.035%
- $35.02
- Slippage, 4 orders
- −$63.59
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$46.91
- Costs to cover
- 0.856%
- Break-even
- 96.9 days
Slippage from BloFin: live order book, 39 min ago; BingX: live order book, 13 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, 39 min ago | 3.97 bp | 17.6 bp −$18 | 35.6 bp −$356 | 439.0 bp −$43.9K | doesn't fit |
| Sell BingX live order book, 13 min ago | 7.89 bp | 19.9 bp −$20 | 64.8 bp −$648 | 324.4 bp −$32.4K | 440.1 bp −$220.0K |
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 | −0.1908% | 1h | 0.1269 | +0.165% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1271 | +0.301% | $7K | — | 5x | as long as short |
| BloFin ARKM-USDTlong | +0.0083% | 8h | 0.1267 | long leg | $143K | $73K | 50x | |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1271 | +0.311% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1272 | +0.409% | $2.7M | $9.5M | 50x | as long as short |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1272 | +0.387% | $2.4M | $2.2M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1272 | +0.403% | $784K | $2.4M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1268 | +0.079% | $251K | $235K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1271 | +0.316% | $3.3M | $1.1M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1270 | +0.213% | $521K | $80K | 30x | 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 ARKMUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1272 | +0.395% | $1.4M | $1.1M | 50x | as long as short |
| BingX ARKM-USDTshort | +0.0100% | 8h | 0.1271 | +0.316% | — | $2.5M | — | |
| Variational Omni ARKM | +0.0100% | 8h | 0.1270 | +0.206% | $9K | $18K | — | as long as short |
Bitget ARKMUSDT
Variational Omni ARKM