Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.026%
Price spread now: OKX against Bitget0.000%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$860.859% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now 0.000%, 7d avg +0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARUSDT | 4.4840 | 0.0100 | pay 0.0100% / 8h | 1h 55m | $3.8M | $5.6M | 75x |
| Short | OKX AR-USDT-SWAP | 4.4840 | 0.0100 | get 0.0100% / 8h | 1h 55m | $2.2M | $20.6M | 20x |
Bitget ARUSDT
OKX AR-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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
- $0
- Price spread: 0.000% → +0.005%
- −$0.47
- Slippage, 4 orders
- −$63.92
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$86.39
- Costs to cover
- 0.859%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 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 Bitget live order book, 3 min ago | 4.50 bp | 23.7 bp −$24 | 72.6 bp −$726 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.25 bp | 21.8 bp −$22 | 124.0 bp −$1,240 | 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 | −0.1931% | 1h | 4.4812 | −0.064% | $46K | $154K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0551% | 1h | 4.4754 | −0.193% | $575K | — | 50x | as long as short |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.5720 | +1.963% | $3K | $339 | 5.5x | as long as short |
| Hyperliquid AR | +0.0100% | 1h | 4.4955 | +0.256% | $3.8M | $4.8M | 5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.4870 | +0.067% | $20K | $621K | 10x | as long as short |
| Binance ARUSDT | +0.0100% | 8h | 4.4880 | +0.089% | $8.8M | $55.7M | 75x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.4880 | +0.089% | $4.6M | $8.9M | 75x | as long as short |
| OKX AR-USDT-SWAPshort | +0.0100% | 8h | 4.4840 | 0.000% | $2.2M | $20.6M | 20x | |
| Gate AR_USDT | +0.0100% | 8h | 4.4870 | +0.067% | $2.5M | $2.3M | 50x | as long as short |
| MEXC AR_USDT | +0.0100% | 8h | 4.4870 | +0.067% | $6.8M | $4.5M | 100x | as long as short |
Kraken Futures PF_ARUSD
GMX AR/USD [WBTC.b-USDC]
Injective AR/USDC PERP
Hyperliquid AR
Aster ARUSDT
Binance ARUSDT
Bybit ARUSDT
Gate AR_USDT
MEXC AR_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ARUSDTM | +0.0100% | 8h | 4.4900 | +0.134% | $1.4M | $1.1M | 50x | as long as short |
| Bitget ARUSDTlong | +0.0100% | 8h | 4.4840 | long leg | $3.8M | $5.6M | 75x | |
| BingX AR-USDT | +0.0100% | 8h | 4.4870 | +0.067% | — | $2.9M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.4423 | −0.929% | $135K | $174K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.4540 | −0.669% | $56K | $748K | 50x | as long as short |
| Extended AR-USD | +0.0104% | 1h | 4.4864 | +0.053% | $36K | $237K | 10x | as long as short |
| BloFin AR-USDT | +0.0220% | 8h | 4.4480 | −0.803% | $419K | $662K | 20x | as long as short |
KuCoin ARUSDTM
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
Extended AR-USD
BloFin AR-USDT