Funding you earn now, next payment 16:00 UTC+0.0583%/8h= +63.9% APRnext payment +$5.83 per $10,000 · paid last 24h +0.011%
Price spread now: BingX against Bybit+0.110%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1441.440% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 7 days−0.168%−$17 · spread now +0.110%, 7d avg −0.039%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and BingX is 0.148% dearer against Bybit than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.039%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.100% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.83 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARKMUSDT | 0.1278 | −0.0483 | get 0.0483% / 8h | 7h 47m | $2.3M | $2.4M | 50x |
| Short | BingX ARKM-USDT | 0.1279 | 0.0100 | get 0.0100% / 8h | 7h 47m | — | $2.5M | — |
Bybit ARKMUSDT
BingX ARKM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- $122.5
- Price spread: +0.110% → −0.039%
- $14.83
- Slippage, 4 orders
- −$123.04
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$6.7
- Costs to cover
- 1.440%
- Break-even
- 7.4 days
Slippage from Bybit: live order book, 4 min ago; BingX: 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 Bybit live order book, 4 min ago | 3.12 bp | 42.2 bp −$42 | 1019.3 bp −$10.2K | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 11.77 bp | 33.5 bp −$33 | 79.8 bp −$798 | 318.7 bp −$31.9K | 435.3 bp −$217.6K |
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 | −0.1597% | 1h | 0.1274 | −0.269% | $22K | $1K | 10x | as long as short |
| Bybit ARKMUSDTlong | −0.0483% | 8h | 0.1278 | long leg | $2.3M | $2.4M | 50x | |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1280 | +0.172% | $7K | $47 | 5x | as long as short |
| Gate ARKM_USDT | +0.0015% | 8h | 0.1277 | −0.047% | $236K | $257K | 50x | as long as short |
| BloFin ARKM-USDT | +0.0085% | 8h | 0.1277 | −0.047% | $141K | $49K | 50x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1279 | +0.131% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1279 | +0.110% | $2.7M | $10.7M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1278 | +0.039% | $785K | $2.5M | 20x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1279 | +0.110% | $3.3M | $1.3M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1281 | +0.266% | $1.4M | $371K | 30x | as long as short |
Kraken Futures PF_ARKMUSD
dYdX ARKM-USD
Gate ARKM_USDT
BloFin ARKM-USDT
Aster ARKMUSDT
Binance ARKMUSDT
OKX ARKM-USDT-SWAP
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 | 0.1280 | +0.188% | $1.4M | $1.2M | 50x | as long as short |
| BingX ARKM-USDTshort | +0.0100% | 8h | 0.1279 | +0.110% | — | $2.5M | — | |
| Variational Omni ARKM | +0.0100% | 8h | 0.1283 | +0.457% | $9K | $12K | — | as long as short |
Bitget ARKMUSDT
Variational Omni ARKM