Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Bybit against dYdX+0.120%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.120% dearer against dYdX than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ARKM-USD | 0.1273 | 0 | get 0.0000% / 1h | 2m 11s | $7K | — | 5x |
| Short | Bybit ARKMUSDT | 0.1275 | 0.0100 | get 0.0100% / 8h | 6h 02m | $2.3M | $2.3M | 50x |
dYdX ARKM-USD
Bybit ARKMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against dYdX. 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
- $21
- Price spread: +0.120% → 0.000%
- $12.01
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $12.01
- Costs to cover
- 0.210%
- Break-even
- 3.0 days
Slippage unknown: dYdX: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.
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 dYdX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 4.32 bp | 32.4 bp −$32 | 51.6 bp −$516 | doesn't fit | doesn't fit |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ARKM on 12 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 | −0.2181% | 1h | 0.1272 | −0.071% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USDlong | 0.0000% | 1h | 0.1273 | long leg | $7K | — | 5x | |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1274 | +0.069% | $13K | $9K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1275 | +0.123% | $2.7M | $9.8M | 50x | as long as short |
| Bybit ARKMUSDTshort | +0.0100% | 8h | 0.1275 | +0.120% | $2.3M | $2.3M | 50x | |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1273 | −0.013% | $778K | $2.4M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1274 | +0.065% | $245K | $240K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1275 | +0.144% | $3.2M | $1.1M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1274 | +0.073% | $515K | $83K | 30x | as long as short |
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1274 | +0.065% | $1.4M | $1.1M | 50x | as long as short |
Kraken Futures PF_ARKMUSD
Aster ARKMUSDT
Binance ARKMUSDT
OKX ARKM-USDT-SWAP
Gate ARKM_USDT
MEXC ARKM_USDT
KuCoin ARKMUSDTM
Bitget ARKMUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARKM-USDT | +0.0100% | 8h | 0.1274 | +0.065% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1271 | −0.168% | $9K | $14K | — | as long as short |
BingX ARKM-USDT
Variational Omni ARKM