Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.6% APRnext payment −$0.14 per $10,000 · paid last 24h +0.002%
Price spread now: Bybit against BloFin+0.079%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1091.088% of the position
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 3 days (all we have)−0.024%−$2 · spread now +0.079%, 7d avg −0.038%
=The price spread pays, funding is against you. Bybit is 0.117% dearer against BloFin than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of −0.038%): +$12 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 27 days. At the pace of the last 7 days (−0.090% in total) that is about 9.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARKM-USDT | 0.1268 | 0.0114 | pay 0.0114% / 8h | 7h 34m | $145K | $83K | 50x |
| Short | Bybit ARKMUSDT | 0.1269 | 0.0100 | get 0.0100% / 8h | 7h 34m | $2.3M | $2.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$2.99
- Price spread: +0.079% → −0.038%
- $11.66
- Slippage, 4 orders
- −$85.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$100.11
- Costs to cover
- 1.088%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 21 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 BloFin live order book, 21 min ago | 7.86 bp | 21.6 bp −$22 | 55.4 bp −$554 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.58 bp | 35.1 bp −$35 | 59.5 bp −$595 | 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 | −0.2272% | 1h | 0.1268 | +0.017% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1270 | +0.181% | $7K | — | 5x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1269 | +0.107% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1268 | +0.034% | $2.7M | $9.7M | 50x | as long as short |
| Bybit ARKMUSDTshort | +0.0100% | 8h | 0.1269 | +0.079% | $2.3M | $2.2M | 50x | |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1269 | +0.095% | $781K | $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 | 0.1268 | 0.000% | $3.3M | $1.1M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1268 | 0.000% | $519K | $82K | 30x | as long as short |
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1269 | +0.079% | $1.4M | $1.1M | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARKM-USDT | +0.0100% | 8h | 0.1270 | +0.158% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1269 | +0.091% | $9K | $18K | — | as long as short |
| BloFin ARKM-USDTlong | +0.0114% | 8h | 0.1268 | long leg | $145K | $83K | 50x |
BloFin ARKM-USDT
Bybit ARKMUSDT
Kraken Futures PF_ARKMUSD
Aster ARKMUSDT
Binance ARKMUSDT
OKX ARKM-USDT-SWAP
Gate ARKM_USDT
MEXC ARKM_USDT
KuCoin ARKMUSDTM
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM