AR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.003%

Price spread now: Binance against BloFin0.000%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$680.679% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.114%−$11 on $10k

Price spread, last 4 days (all we have)−0.133%−$13 · spread now 0.000%, 7d avg +0.047%

Together, before fees−0.247%−$25 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 Binance is 0.047% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.047%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AR-USDT	4.2770	0.0220	pay 0.0220% / 8h	58m 38s	$411K	$448K	20x
Short	Binance ARUSDT	4.2770	0.0100	get 0.0100% / 8h	58m 38s	$8.5M	$49.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now 0.000%Rate

Funding earned: −$25.2
Price spread: 0.000% → +0.047%: −$4.68
Slippage, 4 orders: −$45.93
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$97.8
Costs to cover: 0.679%
Break-even: never at this rate

Slippage from BloFin: live order book, 22 min ago; Binance: live order book, 14 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 BloFin live order book, 22 min ago	1.16 bp	11.5 bp −$12	35.8 bp −$358	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	2.34 bp	17.0 bp −$17	56.5 bp −$565	341.8 bp −$34.2K	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	−0.1517%	1h	4.2783	+0.030%	$53K	$182K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0550%	1h	4.2788	+0.042%	$549K	—	50x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.4240	+3.437%	$2K	$5K	5.5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.2780	+0.024%	$32K	$403K	10x	as long as short
Binance ARUSDTshort	+0.0100%	8h	4.2770	0.000%	$8.5M	$49.9M	75x
Bybit ARUSDT	+0.0100%	8h	4.2760	−0.023%	$4.4M	$9.0M	75x	as long as short
OKX AR-USDT-SWAP	+0.0100%	8h	4.2730	−0.094%	$2.2M	$16.5M	20x	as long as short
Gate AR_USDT	+0.0100%	8h	4.2730	−0.094%	$2.0M	$3.2M	50x	as long as short
MEXC AR_USDT	+0.0100%	8h	4.2760	−0.023%	$5.9M	$4.0M	100x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.2780	+0.023%	$1.1M	$1.3M	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ARUSDT	+0.0100%	8h	4.2740	−0.070%	$3.7M	$5.2M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.2770	0.000%	—	$2.8M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.2853	+0.193%	$246K	$517K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.2890	+0.281%	$21K	$711K	50x	as long as short
Extended AR-USD	+0.0104%	1h	4.2750	−0.047%	$37K	$244K	10x	as long as short
BloFin AR-USDTlong	+0.0220%	8h	4.2770	long leg	$411K	$448K	20x
Hyperliquid AR	+0.0748%	1h	4.2854	+0.196%	$3.9M	$4.9M	5x	as long as short