AR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0099%/8h= −10.8% APRnext payment −$0.99 per $10,000 · paid last 24h −0.021%

Price spread now: MEXC against BingX0.000%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$470.472% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 7 days−0.006%−$1 · spread now 0.000%, 7d avg +0.045%

Together, before fees−0.064%−$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.045% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.045%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AR-USDT	4.6050	0.0100	pay 0.0100% / 8h	7h 18m	—	$2.9M	—
Short	MEXC AR_USDT	4.6050	0.0001	get 0.0001% / 8h	7h 18m	$6.5M	$4.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$20.79
Price spread: 0.000% → +0.045%: −$4.51
Slippage, 4 orders: −$33.24
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$72.54
Costs to cover: 0.472%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 4 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 BingX live order book, 2 min ago	4.33 bp	20.5 bp −$21	46.2 bp −$462	393.8 bp −$39.4K	725.1 bp −$362.5K
Sell MEXC live order book, 4 min ago	1.08 bp	3.1 bp −$3	17.9 bp −$179	202.5 bp −$20.2K	doesn't fit

AR on 17 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_ARUSD	−0.2400%	1h	4.6007	−0.093%	$52K	$135K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0551%	1h	4.6044	−0.012%	$591K	—	50x	as long as short
OKX AR-USDT-SWAP	−0.0136%	8h	4.6040	−0.022%	$2.4M	$19.9M	20x	as long as short
Binance ARUSDT	−0.0002%	8h	4.6060	+0.022%	$9.2M	$53.5M	75x	as long as short
Extended AR-USD	0.0000%	1h	4.6048	−0.004%	$38K	$240K	10x	as long as short
MEXC AR_USDTshort	+0.0001%	8h	4.6050	0.000%	$6.5M	$4.4M	100x
BloFin AR-USDT	+0.0005%	8h	4.6040	−0.022%	$441K	$556K	20x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.5720	−0.717%	$3K	$239	5.5x	as long as short
Hyperliquid AR	+0.0100%	1h	4.6130	+0.174%	$4.3M	$4.7M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.6069	+0.041%	$21K	$510K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ARUSDT	+0.0100%	8h	4.6030	−0.043%	$4.6M	$8.5M	75x	as long as short
Gate AR_USDT	+0.0100%	8h	4.6030	−0.043%	$2.6M	$2.2M	50x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.6040	−0.022%	$1.4M	$1.2M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.6010	−0.087%	$4.0M	$5.4M	75x	as long as short
BingX AR-USDTlong	+0.0100%	8h	4.6050	long leg	—	$2.9M	—
Variational Omni AR	+0.0100%	8h	4.6322	+0.591%	$144K	$170K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.6380	+0.717%	$23K	$741K	50x	as long as short