AR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.92 per $10,000 · paid last 24h −0.021%

Price spread now: MEXC against Bitget+0.173%7-day average +0.073% · 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−$35as in the Price arb table

costs, in and out, $10k−$450.450% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.084%−$8 on $10k

Price spread, last 7 days−0.173%−$17 · spread now +0.173%, 7d avg +0.073%

Together, before fees−0.257%−$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.100% dearer against Bitget than usual: you sell high and buy low (spread +0.173% now, against its 7-day average of +0.073%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days. At the pace of the last 7 days (−0.084% in total) that is about 8.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ARUSDT	4.6240	0.0100	pay 0.0100% / 8h	9m 28s	$4.0M	$5.7M	75x
Short	MEXC AR_USDT	4.6320	0.0008	get 0.0008% / 8h	9m 28s	$6.8M	$4.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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 BitgetbpFee MEXCbpOrdersPrice spread, now +0.173%Rate

Funding earned: −$19.32
Price spread: +0.173% → +0.073%: $10.04
Slippage, 4 orders: −$29.02
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$54.29
Costs to cover: 0.450%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; MEXC: 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 Bitget live order book, 4 min ago	4.34 bp	24.1 bp −$24	55.4 bp −$554	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	2.17 bp	4.2 bp −$4	12.8 bp −$128	196.7 bp −$19.7K	289.5 bp −$144.8K

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	−0.1946%	1h	4.6242	+0.004%	$52K	$163K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0551%	1h	4.6326	+0.185%	$595K	—	50x	as long as short
OKX AR-USDT-SWAP	−0.0076%	8h	4.6220	−0.043%	$2.4M	$21.1M	20x	as long as short
Extended AR-USD	+0.0008%	1h	4.6283	+0.093%	$38K	$237K	10x	as long as short
MEXC AR_USDTshort	+0.0008%	8h	4.6320	+0.173%	$6.8M	$4.5M	100x
Binance ARUSDT	+0.0008%	8h	4.6290	+0.108%	$9.3M	$55.6M	75x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.5720	−1.125%	$3K	$339	5.5x	as long as short
BloFin AR-USDT	+0.0034%	8h	4.6090	−0.324%	$438K	$680K	20x	as long as short
ApeX Omni ARUSDT	+0.0064%	1h	4.6300	+0.130%	$23K	$764K	50x	as long as short
Hyperliquid AR	+0.0100%	1h	4.6451	+0.456%	$4.3M	$4.9M	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ARUSDT	+0.0100%	8h	4.6340	+0.216%	$20K	$606K	10x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.6268	+0.061%	$4.6M	$8.9M	75x	as long as short
Gate AR_USDT	+0.0100%	8h	4.6330	+0.195%	$2.6M	$2.3M	50x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.6290	+0.108%	$1.5M	$1.2M	50x	as long as short
Bitget ARUSDTlong	+0.0100%	8h	4.6240	long leg	$4.0M	$5.7M	75x
BingX AR-USDT	+0.0100%	8h	4.6290	+0.108%	—	$2.9M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.6108	−0.285%	$143K	$176K	—	as long as short