Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.002%
Price spread now: OKX against BloFin−0.008%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1291.294% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.008%, 7d avg −0.055%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and OKX is 0.048% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARKM-USDT | 0.1291 | 0.0089 | pay 0.0089% / 8h | 1h 28m | $143K | $43K | 50x |
| Short | OKX ARKM-USDT-SWAP | 0.1291 | 0.0100 | get 0.0100% / 8h | 1h 28m | $794K | $2.5M | 20x |
BloFin ARKM-USDT
OKX ARKM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $2.39
- Price spread: −0.008% → −0.055%
- $4.76
- Slippage, 4 orders
- −$107.36
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$122.21
- Costs to cover
- 1.294%
- Break-even
- 364.6 days
Slippage from BloFin: live order book, 38 min ago; OKX: live order book, 3 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, 38 min ago | 7.69 bp | 17.4 bp −$17 | 32.5 bp −$325 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 5.82 bp | 43.7 bp −$44 | 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 | −0.1390% | 1h | 0.1292 | +0.053% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1291 | −0.033% | $7K | $47 | 5x | as long as short |
| BloFin ARKM-USDTlong | +0.0089% | 8h | 0.1291 | long leg | $143K | $43K | 50x | |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1294 | +0.226% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1292 | +0.077% | $2.7M | $10.4M | 50x | as long as short |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1292 | +0.101% | $2.4M | $2.4M | 50x | as long as short |
| OKX ARKM-USDT-SWAPshort | +0.0100% | 8h | 0.1291 | −0.008% | $794K | $2.5M | 20x | |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1292 | +0.077% | $238K | $254K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1291 | 0.000% | $3.3M | $1.3M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1294 | +0.209% | $1.4M | $373K | 30x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
Aster ARKMUSDT
Binance ARKMUSDT
Bybit ARKMUSDT
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 | 0.1291 | 0.000% | $1.4M | $1.1M | 50x | as long as short |
| BingX ARKM-USDT | +0.0100% | 8h | 0.1292 | +0.077% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1290 | −0.068% | $9K | $12K | — | as long as short |
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM