AR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.026%

Price spread now: OKX against BingX−0.065%7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$790.788% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 7 days+0.084%+$8 · spread now −0.065%, 7d avg −0.023%

Together, before fees+0.045%+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.043% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.023%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AR-USDT	4.5830	0.0100	pay 0.0100% / 8h	30m 47s	—	$2.9M	—
Short	OKX AR-USDT-SWAP	4.5800	−0.0020	pay 0.0020% / 8h	30m 47s	$2.4M	$20.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.065%Rate

Funding earned: −$25.18
Price spread: −0.065% → −0.023%: −$4.29
Slippage, 4 orders: −$58.78
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$108.25
Costs to cover: 0.788%
Break-even: never at this rate

Slippage from BingX: live order book, 4 min ago; OKX: live order book, 3 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, 4 min ago	5.45 bp	19.4 bp −$19	40.6 bp −$406	348.2 bp −$34.8K	713.2 bp −$356.6K
Sell OKX live order book, 3 min ago	1.09 bp	16.4 bp −$16	100.4 bp −$1,004	doesn't fit	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	−0.1962%	1h	4.5879	+0.108%	$52K	$163K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0551%	1h	4.5880	+0.108%	$589K	—	50x	as long as short
OKX AR-USDT-SWAPshort	−0.0020%	8h	4.5800	−0.065%	$2.4M	$20.9M	20x
Extended AR-USD	+0.0032%	1h	4.5831	+0.003%	$37K	$237K	10x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.5720	−0.240%	$3K	$339	5.5x	as long as short
Binance ARUSDT	+0.0034%	8h	4.5838	+0.017%	$9.1M	$55.6M	75x	as long as short
MEXC AR_USDT	+0.0035%	8h	4.5850	+0.044%	$6.8M	$4.4M	100x	as long as short
Hyperliquid AR	+0.0100%	1h	4.5930	+0.218%	$4.1M	$4.9M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.5824	−0.013%	$20K	$611K	10x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.5816	−0.031%	$4.6M	$8.9M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AR_USDT	+0.0100%	8h	4.5890	+0.131%	$2.6M	$2.3M	50x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.5870	+0.087%	$1.4M	$1.2M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.5850	+0.044%	$3.9M	$5.6M	75x	as long as short
BingX AR-USDTlong	+0.0100%	8h	4.5830	long leg	—	$2.9M	—
Variational Omni AR	+0.0100%	8h	4.5805	−0.055%	$139K	$172K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.5900	+0.153%	$58K	$747K	50x	as long as short
BloFin AR-USDT	+0.0141%	8h	4.5830	0.000%	$434K	$675K	20x	as long as short