Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.6% APRnext payment −$0.05 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against OKX+0.233%53s7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1231.229% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)−0.262%−$26 · spread now +0.233%, 7d avg +0.058%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.175% dearer against OKX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.058%. The two prices were read 53 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 | OKX ARKM-USDT-SWAP | 0.1290 | 0.0100 | pay 0.0100% / 8h | 1h 48m | $793K | $2.5M | 20x |
| Short | BloFin ARKM-USDT | 0.1293 | 0.0095 | get 0.0095% / 8h | 1h 48m | $143K | $45K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- −$1.08
- Price spread: +0.233% → +0.058%
- $17.47
- Slippage, 4 orders
- −$100.89
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$106.5
- Costs to cover
- 1.229%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; BloFin: live order book, 18 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 OKX live order book, 4 min ago | 6.22 bp | 34.6 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 18 min ago | 7.69 bp | 32.0 bp −$32 | 89.8 bp −$898 | 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 | −0.1392% | 1h | 0.1290 | −0.015% | $22K | $1K | 10x | as long as short |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1294 | +0.273% | $7K | $47 | 5x | as long as short |
| BloFin ARKM-USDTshort | +0.0095% | 8h | 0.1293 | +0.233% | $143K | $45K | 50x | |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1293 | +0.249% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1292 | +0.119% | $2.7M | $10.5M | 50x | as long as short |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1291 | +0.078% | $2.4M | $2.4M | 50x | as long as short |
| OKX ARKM-USDT-SWAPlong | +0.0100% | 8h | 0.1290 | long leg | $793K | $2.5M | 20x | |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1291 | +0.078% | $238K | $254K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1292 | +0.155% | $3.3M | $1.3M | 200x | as long as short |
| KuCoin ARKMUSDTM | +0.0100% | 8h | 0.1294 | +0.341% | $1.4M | $371K | 30x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1293 | +0.233% | $1.4M | $1.2M | 50x | as long as short |
| BingX ARKM-USDT | +0.0100% | 8h | 0.1291 | +0.078% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1290 | −0.032% | $9K | $12K | — | as long as short |
OKX ARKM-USDT-SWAP
BloFin ARKM-USDT
Kraken Futures PF_ARKMUSD
Aster ARKMUSDT
Binance ARKMUSDT
Bybit ARKMUSDT
Gate ARKM_USDT
MEXC ARKM_USDT
KuCoin ARKMUSDTM
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM