Funding you earn now, next payment 07:00 UTC+0.1487%/8h= +162.8% APRpaid last 24h +0.572%
Price spread now: Binance against Kraken Futures+0.152%54s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$45 a day on $10k at the current rate, and Binance is 0.152% dearer against Kraken Futures than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ARKMUSD | 0.1295 | −0.1387 | get 0.0173% / 1h | 1m 22s | $22K | $1K | 10x |
| Short | Binance ARKMUSDT | 0.1296 | 0.0100 | get 0.0100% / 8h | 1h 01m | $2.8M | $10.6M | 50x |
Kraken Futures PF_ARKMUSD
Binance ARKMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. 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
- $312.19
- Price spread: +0.152% → 0.000%
- $15.16
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $307.35
- Costs to cover
- 0.200%
- Break-even
- 0.1 days
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 8 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 8 min ago | 3.84 bp | 26.6 bp −$27 | 86.2 bp −$862 | doesn't fit | doesn't fit |
Kraken Futures: 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 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_ARKMUSDlong | −0.1387% | 1h | 0.1295 | long leg | $22K | $1K | 10x | |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1296 | +0.135% | $7K | $47 | 5x | as long as short |
| BloFin ARKM-USDT | +0.0080% | 8h | 0.1295 | +0.037% | $144K | $44K | 50x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1297 | +0.216% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDTshort | +0.0100% | 8h | 0.1296 | +0.152% | $2.8M | $10.6M | 50x | |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1295 | +0.076% | $2.4M | $2.4M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1295 | +0.037% | $798K | $2.6M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1294 | −0.040% | $239K | $257K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1296 | +0.115% | $3.4M | $1.3M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1298 | +0.292% | $1.4M | $374K | 30x | as long as short |
dYdX ARKM-USD
BloFin ARKM-USDT
Aster ARKMUSDT
Bybit ARKMUSDT
OKX ARKM-USDT-SWAP
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 | 0.1297 | +0.192% | $1.4M | $1.2M | 50x | as long as short |
| BingX ARKM-USDT | +0.0100% | 8h | 0.1296 | +0.115% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1299 | +0.360% | $9K | $12K | — | as long as short |
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM