Funding you earn now, next payment 08:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.19 per $10,000 · paid last 24h +0.002%
Price spread now: Gate against BloFin−0.078%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1711.705% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.078%, 7d avg −0.031%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.047% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARKM-USDT | 0.1284 | 0.0119 | pay 0.0119% / 8h | 2h 35m | $143K | $44K | 50x |
| Short | Gate ARKM_USDT | 0.1283 | 0.0100 | get 0.0100% / 8h | 2h 35m | $237K | $255K | 50x |
BloFin ARKM-USDT
Gate ARKM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$4.01
- Price spread: −0.078% → −0.031%
- −$4.65
- Slippage, 4 orders
- −$143.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$179.2
- Costs to cover
- 1.705%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 36 min ago; Gate: live order book, 7 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, 36 min ago | 3.88 bp | 14.1 bp −$14 | 56.7 bp −$567 | doesn't fit | doesn't fit |
| Sell Gate live order book, 7 min ago | 7.84 bp | 71.2 bp −$71 | doesn't fit | 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 | −0.1765% | 1h | 0.1285 | +0.079% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1285 | +0.063% | $7K | $47 | 5x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1283 | −0.044% | $13K | $11K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1283 | −0.083% | $2.7M | $10.3M | 50x | as long as short |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1282 | −0.187% | $2.4M | $2.4M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1280 | −0.273% | $787K | $2.5M | 20x | as long as short |
| Gate ARKM_USDTshort | +0.0100% | 8h | 0.1283 | −0.078% | $237K | $255K | 50x | |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1283 | −0.078% | $3.3M | $1.2M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1285 | +0.070% | $1.2M | $294K | 30x | as long as short |
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1284 | 0.000% | $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
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-USDT | +0.0100% | 8h | 0.1283 | −0.078% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1282 | −0.187% | $9K | $12K | — | as long as short |
| BloFin ARKM-USDTlong | +0.0119% | 8h | 0.1284 | long leg | $143K | $44K | 50x |
BingX ARKM-USDT
Variational Omni ARKM